***gold doing jack as usual********, page-3

  1. 2,986 Posts.
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    I don't know about doing "Jack". From what I have seen this morning, gold has been chopping all over the place. Very volotile! I assume Mr Sinclair is out there fighting the battle as we speak. I have noticed in the past that the precurser to the gold price rising overnight is the rise of the aussie heavy weights (NEM, NCM,LHG,CRS) on the ASX. If this mornings action is any indication, get ready for gold to take out $380 tonight. A good indication will be where LHG finish at the close. If it runs at $1.65, that would indicate to me that the smart money is taking a position. When I say smart money, it is taken for granted that that would be everyone with the exception of Goblin.
 
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