Manta, today is a black Friday, a lot of people are going shopping, looking for deals, kind of crazy, if they wait until last weekend before Christmas – prices will come down more, but it is tradition and some husbands have to join/drive their wives to a shopping mall, etc. Lucky for me – my wife is working making “Mula” – old expression.
Looks like PTQ is consolidating / profit taking, we are forming nice a cup and handle chart – sign for a big up-tick, (news ? )
Europe is a big financial mess, “Pigs will be slottered” I don’t see any hope for them on a horizon, Russia and China dealing in their own currencies ( as I mention before ) is that a sign of Time, our mighty Dollar will loose it’s value eventually… in old days all that prolonging of recession would lead to the War, but today with our new Order – who knows. Uncertainty of World situation is driving price of gold up,
If everyone in the World could sit around the circle and sing “ Kum- ba-la” – gold would be down and we would invest in something else.
" ... would you please pass a jelly "