“Woe to the land whose king is a child and whose leaders are already drunk in the morning. Happy the land whose king is a nobleman, and whose leaders work hard before they feast and drink, and then only to strengthen themselves for the tasks ahead”. (Eccl 10: 16-17)

"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

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Thursday, April 14, 2011

Gold - 8 Hour chart update


  1. Your commentary is continually top notch Dan. You might not post as often as some other analysts but your knowledge of the markets oozes out in droves. Thanks!

  2. Dan...wholeheartedly agree with MARA. Check with you several times a day; you're on my blog as a permanent link. Appreciate the great analysis!


  3. Ditto here, Dan. Your analysis is always spot on. I check in regularly looking for any updates you might have (know you're busy trading). And I look forward every weekend to your wrap-up on KingWorldNews.net. Keep up the good work!

    Randy Cummings

  4. I'm still expecting the comex to raise margin requirements for gold soon or to take some other action. What time of day does the comex usually make those sorts of announcements?


  5. oh..late in the day, after europe has closed and most NY traders consider things done...so that people have to scramble :)

  6. Dan, so glad you have your own blog. Sharing your knowledge of the inner workings of the markets is deeply appreciated.

  7. Dan, thank you. Quality beats quantity every day. Thanks very much for starting this blog and sharing your knowledge freely.


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