FinancialAdvisor's College Class (FACC)

[d33c4f]

I don't follow FA lol We're mixed up

Gold has been topping..the usd bottoming. They are inverse just the same as always.
In the short term..a month or so they seem to have moved the same. That should signal a change in trend. Which should be the usd strength/$gold weakness we expect

I agree $gold stocks will fall probably along side the dow. That's why i'm saying go long non$gold gold stocks.
Gold stocks in other currencies that will benefit from the rising usd

I don't follow where u.s homebuilders have any relation to a south african gold play?

GBN is tricky because it has projects in the usa and south africa.
It's a matter of where the attention will be. And it should be on their south african project with the upcoming feasability study in early '06

The charts on it show me a short term ascending triangle(bear trap) under the breakdown from the long descending triangle from the peak in '04.
1.15-1.20 is the breakdown/out point. If we get back above and 1.20 a bear trap/reversal is confirmed
Watch that mark, and the bottoms of course