my case for gold and why i'm bullish , page-3

Nice post as usual Adweb,

I see it as you see it.

Was looking at 1-5 yr charts yesterday and they reminded me of why I have gold. The trend is your friend.

What I also want to say is that now looking back I can see the rationale of the comex manipulators. As they tanked the markets (and if they had left gold to soar as a currency barometer )instead of the USD appreciating it would have been decemated, thus they, have softened the currency blow out somewhat (ie slowed it down ).

A year down the track and things are wildly different.

Manipulation is now almost mainstream news ( go GATA ).

Also the fraudulent conspiracies between the FED and Bankers are seeeing the light of day.

Then their is inflation ( ie QE ).

And now gold is showing real strength against the USD.

The super wealthy are now buying.

$ 1000 oz/US is the next resistance we know ( technicals )but fundementally I see it going much higher based on the concerted efforts of CBs to devalue ( through debt / printing ) most currencies globally.

If somehow they can keep manipulating within this $ 900 - $ 1000 US trading range then they are more powerful and blatant than I would give them credit for.

Cheers for your detailed analysis Adweb

Please, no one take this rambling as investment advice.