Looks like the unemployment disappointment and QE expectations are putting your anticipated "vacation plans" on hold. The mini-correction this morning was short lived.
Looks like the unemployment disappointment and QE expectations are putting your anticipated "vacation plans" on hold. The mini-correction this morning was short lived.
I compiled a "brief" history of events since October 2008 that are defining the global currency war and the role that gold is playing:
Tin Foil Hats, Economic Reality and the Total Perspective Vortex
Also, have you contacted your Congressional Rep and asked them co-sponsor Ron Paul's HR 1098: Free Competition in Currencies Act?
We're on track for another key reversal in silver today. It would have to close above $31, preferrably on huge volume and a nice spike.
Last time silver went from 27 to 35 in 2 months after my call on July 12th in the op...
Key reversal means:
http://www.incrediblecharts.com/tech...y_reversal.phpAfter an up-trend:
The Open must be above yesterday's Close,
The day must make a new High, and
The Close must be below yesterday's Low.
After a down-trend:
The Open must be below yesterday's Close,
The day must make a new Low, and
The Close must be above yesterday's High.
Remember:
The signals are most reliable if they occur after a strong trend. If the trend is weak, so is the signal.
Additionally, the traditional October weakness in the metals has passed. November is historically the best month for gold.
Add on to that that bullion dealers are getting HUGE orders:
http://www.pmbug.com/forum/f13/physi...html#post15648
I say BTFD.![]()
Probably a good day to buy.
We may be in a holding pattern until after the election. Obama wins, metals take off. Romney wins, might be a short term drop to a slightly lower level. Or maybe not. It's a gamble in the short term.
"Power tends to corrupt, and absolute power corrupts absolutely." - Lord Acton
"Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." - Benjamin Franklin
"Beware the Military-Industrial-Financial-Corporate-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
"Government is not the solution to our problem; government is the problem." - Ronald Reagan
"The only thing we have to fear is fear itself, and we must reject those who spread fear." - B4L update of FDR
"The Ministry of Truth can turn on a dime, and the fury of the ignorant masses can be redirected at will." - B4L
"Marxists become Fascists the minute they become rich, yet they retain the Marxist rhetoric." - B4L
"Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
"Thing is, the world is full of a**holes." - ACPTulsa
Twitter: B4Liberty@USAB4L
The Silver rocket has just launched.
"Power tends to corrupt, and absolute power corrupts absolutely." - Lord Acton
"Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." - Benjamin Franklin
"Beware the Military-Industrial-Financial-Corporate-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
"Government is not the solution to our problem; government is the problem." - Ronald Reagan
"The only thing we have to fear is fear itself, and we must reject those who spread fear." - B4L update of FDR
"The Ministry of Truth can turn on a dime, and the fury of the ignorant masses can be redirected at will." - B4L
"Marxists become Fascists the minute they become rich, yet they retain the Marxist rhetoric." - B4L
"Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
"Thing is, the world is full of a**holes." - ACPTulsa
Twitter: B4Liberty@USAB4L