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Re: FinancialAdvisor post# 9987

Tuesday, 07/26/2005 2:29:45 AM

Tuesday, July 26, 2005 2:29:45 AM

Post# of 25966
***$GOLD has encountered resistance at the 50 day SMA, I have a feeling that it will decline from here stronger than 90%+ of the market thinks, it may not last long, but a test of this incredible bull run in the face of Internationally-tied central banks and a global economy based on the evergrowing of outstanding debt will be tested here & soon... I think the move in the HUI today has told us that $GOLD at least pulls back from here, but I believe the HUI will break the 50 day SMA to the downside...

This may coincide with 2 other major market events...

A) A breakout and rise out of record or near record lows in the volatility indexes

and...

B) A resumption of the secular bear market that began in 2000...


When the move is all set & done, you better own $GOLD, $ILVER or some kind of "real money" for the future!





HI-HO SILVER !!!

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