charting perspective, page-14

Shetoldmetosell, my friend Shetoldmetobuy pointed out that you, Shetoldmetosell have little understanding of PRE's chart.

To make things quite brief, part of what Shetoldmetobuy said was that PRE's uptrend is perfectly intact, with PRE's price nicely bouncing off the short term uptrend support formed from the August sell off low.

Shetoldmetobuy also pointed out that the outlook for gold remains very bullish and this will lead to a general market re rating for gold shares which so far has not happened.

Buy it will happen because the mainstream media is now reporting that gold is at record prices.

(Of course intelligent investors like Shetoldmetobuy know that reporting prices in 2008 US dollars and comparing with 1980 US dollars is completely deceptive because the US dollar's purchasing power has tanked over those 28 years.)

Shetoldmetobuy also said that charting learners who don't appear to have a fundamental understanding of this gold bull and of gold shares will usually sell at or near lows, or on slight recoveries and then buy at or near tops.

Shetoldmetobuy said to me, "Don't pay any attention to Shetoldmetosell."