123Tom's TA study group

[Citrati]

I agree with your targets.
http://stockcharts.com/h-sc/ui?s=PVG&p=D&yr=1&mn=0&dy=0&id=p89409926066
What might be being missed is how much it benefits China's end game for gold for the price to drop. They are accumulating at lower and lower prices so getting more bang for their Yuan. Maybe the Cartel wants China to be the ultimate winner. When the time comes that their currency becomes a larger value in the "basket" their gold holdings will push the $$ down and the price of gold relative to the $$ will accelerate upward. This is when the crazy valuations for gold $2500+ will come into play. I truly believe the goal is to grossly devalue the $$ when the time is ripe.
Also Russia is in accumulation mode which will only help to supplant the US as the key gold holder. If in fact there is gold in Ft Knox. Hasn't been audited in so long the dust mites probably carried it off.

It is also a travesty that so many foreign corporations and state owned foreign corporations are buying and merging into our largest US corporations and taking control of in the ground resources. Resources that are the foundation of every stable economy. To allow that kind of asset ownership and control on US soil is anti-American prosperity. The founding fathers are turning in their graves.

Thanks, I put PVG on my list.