Monday, August 4, 2008

GOLD HATERS POUND GOLD 8:35AM PDST

After a nice run up all morning... The NY gold haters jump on gold with no mercy... and all the weak gold longs run for the hills, crying for their mamas. This dip will go back up as those traders who wait for dips like these move in and pick up the pieces left over from the slaughter... The shorts who just made a bunch of money have to lock it in by buying to offset their position, thus driving gold back up. Stay tuned...big money is available to those with balls enough to take it.

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