GOLDBUGS AMEX Goldbugs Index (GOLD)

[Sparks111111]

I have a feeling it will take off and leave many in the dust while they keep shorting and re-shorting and bull wait, thinking they will get one more chance to get in...

I don't see it as easy as everyone thinks it is...

I read the same comments repeated like parrots almost everyday on different boards, I've even said them myself...

"Don't worry, double bottom is coming and 1180 retest of lows"
"800-1000 coming"
"When taper comes, gold will crash"

Why would tapering make gold crash if QE has made gold crash this year...obviously, if QE isn't helping gold, then maybe what you've been saying is correct, manipulation, the greatest trick of the FED and banker magicians is the misdirection and herding of the sheep into the stock market and making them believe tapering will cause gold to crash, while the powers that be are preparing for a gold rush once they taper.

The stock market is at it's peak

For some reason, the microphone is yelling out to me, end of 2015 bottom. Why December 2015, I don't know, parallel channel of 2008 I guess...would make it just above 5700.

https://www.tradingview.com/x/jY0RskCJ/