Wednesday, November 3, 2010

2:15PM PDST AFTERNOON GOLD CLOSE

GOLD CRAWLS SIDEWAYS AT 1349.0 BASICALLY TELLING YOU THAT 'SOMEONE' (think the B Banks) ARE CAPPING GOLD AT 1350.0 OR SO FOR TODAY.
NOW THE EVENING AND OVERNIGHT MARKETS WILL TAKE OVER AND GOLD MAY RISE CONSIDERABLY GIVEN THAT ALL THAT 'NEW MONEY' FROM THE FED IS GOING TO FURTHER DILUTE THE REMAINING VALUE OF ALL THE EXISTING PAPER MONEY FLOATING THROUGH THE WORLD'S ECONOMIC SYSTEM.

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