The focus of the blog is on the economic and financial uncertainties that the world economies will face over the next five years along with demonstrating how investors can profit and survive during the upcoming manipulated economic chaos.
Please keep-in-mind that I don't provide investment advice. I am simply posting what my investment views of the market happen to be. Your investment decisions are solely your own responsibility.
Thursday, February 12, 2009
Gold: Near Term Price Action
Note: To enlarge, double click inside chart.
Even though I am long-term bullish on this metal, I do expect near term weakness to the $850-$880. $850 is major support.
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