Well thanx everyone I'm chuffed that some of you recognise it but it reqally wasn't that big a call.
If you go back and look at past gold market history it is littered with similar patterns of reversal for both tops and bottoms. We are a strange bunch though because even with history repeating the lessons to us time and again, we fail to heed those lessons.
Just as the DOW bottomed back on the 10/10/08 many are expecting markets to tank lower still, however the DOW led us down and it was the first market to bottom and is now leading us higher at least into Sept next year, but I would be very wary of being long the market after that time.
It's now time to start watching the US bond market folks, because I think your about to see fireworks as Bond holders start dumping.
- Forums
- ASX - By Stock
- GOLD
- im calling a bottom
im calling a bottom, page-26
-
- 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
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online