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Post# of 704041
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SantaCruz

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SantaCruz

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Re: None

Wednesday, 08/27/2003 3:38:29 PM

Wednesday, August 27, 2003 3:38:29 PM

Post# of 704041
Looking at the 10 year Gold chart, it looks like 380 is major resistance with the top of that channel around 400. It's premature for me to make this speculation but I can't help but think it's in the process of forming a cup and handle. Not sure how many months/years it would take to complete, but that's a scary thought for me. Gold going to the moon would mean hyperinflation isn't too far away I would think.


http://www.kitco.com/charts/livegold.html

ST: hibernating till Sept
IT: hibernating till Sept
LT: Bearish
It's over, yhoo said so.

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