Monday, August 4, 2008

5:35AM PDST

POSTED A REALLY REALLY BIG PICTURE FOR OLDBILL The SUPER MAJOR UPTREND CHANNEL (BLACK LINES) has a MAJOR DOWN FLAG (RED LINES) within it. This down flag RESOLVES UP! Support is in the 900 area...but gold should NOT be going down to $800! Even though, historically August is where gold bottoms out just before it ZOOMS UP for the rest of the year... DON'T COUNT ON SEASONAL PATTERNS TO REPLAY ANYMORE! The ECONOMIC SYSTEM IS BROKEN BEYOND REPAIR AND WON'T BE CONSIDERED "FIXED UNTIL TOTAL BANKRUPTCY OF IT IS ADMITTED AND LOSSES ARE TAKEN...HUGE LOSSES! Which ALL will be pawned off on regular tax paying citizens of the World! The "biggies" won't be hurt that bad...that's why they're the biggies! That is, only if they have their assets in REAL MONEY....GOLD!

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