Tuesday, August 5, 2008

5:22AM PDST

Gold gets bashed on the opening minute with 1.63K contracts down and the usual immediate bounce back up, then a fade from the high reached on profit taking, and now probably a retest of either the low just made or even the low before the open at 88910... Right now gold is searching for a direction with those who know good prices to buy in on, and the gold bashers having fun jumping on the already weak gold price... who knows who will win? I never would have thought there were so many people left who would sell off gold with all the paper money problems going on in the world... Nothing like betting the rest of your whole life and assets on a GAMBLE that you can get your paper profits converted into CASH GOLD when the collapse arrives....IT WILL BE VERY QUICK WHEN IT BEGINS!

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