re: gold up $8.20 to $471.50 What it means is there will be a much greater focus on the small producers especially those awaiting confirmation of a breakout toward $500. It also may mean that the cartel has lost control of the $US hold and we are headed for the DARK ABYSS. Should be interesting to see the money move in in this last hour to try and suppress the closing price.
We have seen teh big boys move with little to no interest in the mid to small producers. As the pattern is established watch for big movements in smaller companies with an eye into the next 6 months of instability in the financial markets as a whole. Short the indexes for financial armageddon may just be around the corner.
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- nice ascending triangle on chart
nice ascending triangle on chart, page-5
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