"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat

Evil talks about tolerance only when it’s weak. When it gains the upper hand, its vanity always requires the destruction of the good and the innocent, because the example of good and innocent lives is an ongoing witness against it. So it always has been. So it always will be. And America has no special immunity to becoming an enemy of its own founding beliefs about human freedom, human dignity, the limited power of the state, and the sovereignty of God. – Archbishop Chaput

Trader Dan's free work will soon be available at www.traderdan.biz

Tuesday, March 22, 2011

4 Hour Gold Chart


  1. Dan, when you say that the price is being "capped," what exactly do you mean by that? Do you mean natural resistance or something unnatural and manipulative? If the latter, then by whom? Thanks.

  2. tiger-Cat - Goldman Sachs and JP Morgan are the usual perma bears at the Comex and do most of the price capping.


Note: Only a member of this blog may post a comment.