SaturnV, events are accelerating though aren't they? NK posted this article today in response to my question on another thread. Gold's fractal pattern is much stronger now than a year ago (polar opposites in fact).
http://www.gold-eagle.com/editorials_08/nichols032409.html
"Gold is in a much stronger position now than it was the first time prices hit $1,000, about a year ago. Back then the monthly fractal dimension was stretching down to the low 30s -- indicating imminent trend exhaustion -- as gold was finishing off an epic one-way sprint to the upside."
The author, David Nichols, then compares gold today with the fractal pattern of the Nasdaq in 1997:
Before the Nadaq did this:
Then this!
Rowingboat.
- Forums
- ASX - By Stock
- GOLD
- fed to begin quantitative easing today
fed to begin quantitative easing today, page-8
-
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online