Tuesday, September 15, 2009

The Gut, It Speaks

I am getting a strong feeling that the metals are preparing for one push higher before sharply correcting. I will up to sell all of my silver around 17.40 which could very well be hit by tomorrow. Wherever gold is at that point would represent a good sale in my opinion. Obviously this could portend wider upcoming weakness as well, after, as stated, one final blitzkrieg higher.

3 comments:

  1. Bernanke must be in trouble now for his fed statement. He is going to stop repurchasing some of the garbage from banks in exchange for cash? I personally didn't like the fed statement but I am a film-maker so what do I know.

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  2. Even A. Greenspan says the Fed's 2 trillion dollar balance sheet is not sustainable. Duh?

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  3. Whenever i see the post like your's i feel that there are still helpful people who share information for the help of others, it must be helpful for other's. thanx and good job.

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