GOLD 0.51% $1,391.7 gold futures

history lesson for all, page-46

  1. 4,290 Posts.
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    This has been stated to you a number of times Skol and your own chart shows it clearly.

    In 1980 the jump from US$400 to $850 occurred in a couple of weeks.

    We have seen nothing like this frenzy for gold since the 2001 rise.

    In fact the current consolidation looks a bit like that before the huge breakout except we know the interest is not there. Less than 0.5% of the investment have any interest in gold YET.

    Nup, I'll hold and await the advice of the taxi drivers before I contemplate selling.
 
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