Gold down another 3% today...

[ASusilovic]

...another 3 % and officially in a "BEAR MARKET" - if I am not wrong 1900 was the high this year, or?

I though bond vigilantes "adore" Gold as a depression hedge ? What happened ? :eek:

 

[TILT2]

Quote from ASusilovic:

[B1900 was the high this year, or?
[/B]

good call

 

[ASusilovic]

Down -4,5 %...Ouch.

 

[murray t turtle]

Quote from ASusilovic:

...another 3 % and officially in a "BEAR MARKET" - if I am not wrong 1900 was the high this year, or?

I though bond vigilantes "adore" Gold as a depression hedge ? What happened ? :eek:

=================
AS usa;
Well many & DR Pat Robertson were aiming for a public target of $2,000 gold contracts area this year.

But as an old or medium age target shooter can tell you;
targets can be missed, with all due respect

Sure gold, GLD 50 week moving average is bearish, 50 day moving average is bearish;
but 1 year GLD candlechart, 3 year candlechart is uptrending by most measures

Even if PIGS can fly[LUV airlines does fly PIGS, they charge more,, to fly PIGS,LOL.}
Who knows, BAC ,Citigroup{C}downtrends may help the long term uptrend of gold,GLD.
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%

SLV, silver maybe in a long term uptrend, but 50dma is a downtrending @32 area., not a prediction.
But the risk on long silver or SLV @ $27 area is not right for me.Simply a silver dealer said & i agree, sell silver @ 32 area.

AS the silver dealer says, Merry Christmas

 

[goodgoing]

Gold Fib targets at this blog: http://t.co/VIWaOHPN

 

[Mvector]

If SI can get down to low $26 level or lower I will put it back on my radar scope - SI trading was half of my gains for the year and I want to stay active into 2012 with this pullback. I chart GC but I never trade it - great moves though.

I thought we would get more pullback so big players can get back heavy long into first qtr of 2012 - before EU problems may accelerate and spread.

 

[stock777]

Cooking.com is planning on posting recipes to help you consume your gold.

Remember, if it was a sure thing , you couldn't buy it.

 

[clacy]

Quote from ASusilovic:

...another 3 % and officially in a "BEAR MARKET" - if I am not wrong 1900 was the high this year, or?

I though bond vigilantes "adore" Gold as a depression hedge ? What happened ? :eek:

What happened? Cramer started recommending gold as a part of his viewers portfolios.

 

[murray t turtle]

Quote from ASusilovic:

...another 3 % and officially in a "BEAR MARKET" - if I am not wrong 1900 was the high this year, or?

S-low;
Peak to valley[2011] gold, GLD is a bear trend, for sure;
but open to close [2011 ] is nice uptrend.

2012=uptrend or sideways trend.Compared to Citigroup & silver, SLV;
gold ,GLD a real fine uptrend.

Meridith Whitney the bank analyst who rightly sell/slammed Citigroup;
now warns of city/state[muni...] danger........

Gold,GLD compared to JPM; well you be the judge

 

[achilles28]

IMO, this is a great buying opportunity. Helicopter Ben should act true to form if employment/S&P languish much further.