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techcharter

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techcharter

Re: pmiles post# 9583

Monday, 03/21/2005 6:47:08 PM

Monday, March 21, 2005 6:47:08 PM

Post# of 51809
Gold Folds = Deflation

It looks like wave 2 UP is over and wave 3 DOWN has begun. The price of gold in U$D retraced 78%, which = square root of fibonacci .618. A falling price in gold indicates a deflationary depression and the FED will not drop money from helicopters to stimulate the economy.


http://stockcharts.com/def/servlet/SC.web?c=$gold,uu[w,a]dacayyay[dc][pb50!d20,2][vc60][iLp14,3,3!La...
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