here...gold is scam and manipulated by big bad boys and bankers! They can sell gold in billions of dollars in a single click!
Sentiment: Strong Sell
why dont the ceo s of the 10 biggest gold miners get their act together and advocate for a fair and transparent way to trade and sell their product
Is this true? Has Gold really been the best asset, performance-wise, of the past 12 years? http://www.gold-eagle.com/forum/2001-gold-silver-have-reigned-supreme
The big money has sold gold and forced it below the $1350 support zone. After the Wed. FOMC meeting, gold will test $1179. Another overnight selling attack will break that support and initiate a waterfall collapse down to the prior C-wave top of $1030.
This will set up the beginning of the bubble phase ending in a blow-off top around $3000. Watch closely now, as these events will happen quickly. Have plenty of dry powder $$$ ready.
What happens is Gold contracts close at 1:30 the day before when gold was down -1.40. After Ben spoke it shot up 56 dollars. So 6-7% gain was on the day Bernanke spoke. Gold was really down like 2 bucks on the 19th.