"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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It seems that gold can rally $20 at any point, but if the rally starts from 1660, then 1700 is never achieved. So on any close at 1680, it will be an easy shot at 1700 and a trending market.
ReplyDeletechina closing for a week on saturday is that affecting copper...crude oil the ruler of our CCI roost bouncing off 20-day MA this minute..gold and silver continue to hold their 20's
ReplyDeletehttp://stockcharts.com/freecharts/candleglance.html?gld,uso,tlt,fxe,WEAT,JJC,CORN,SOYB,$SOYB,$CORN,$WHEAT,slv|B|H14,3
big usda report friday expecting bullish soybeans, bearish both corn and wheat...
cheers!
Gold is close enough to 1680 so that a 20 point rally will do the job. I know it, the shorts know it, the longs must know it, and the whole damn world must know it. So its time to get it done.
ReplyDeleteGold is stuck in a triangle.
ReplyDeleteJust wait.
http://www.monsterup.com/image.php?url=upload/1360216039905.jpg
http://www.monsterup.com/image.php?url=upload/1360216039904.jpg