Another note about gold. something very interesting is happen in the market right now. They are running stocks like crazy. You would almost think the market is on fire, but wait the charts on the Dow S&P and Russel 2000 are sitting on top while the US dollar just crashed. Gold was up 35 bucks this week. the NASDAQ is up but its coming up against resistance. the NYCE and TSX are the only ones really up and that's because of GOLD.This is what happens before every market correction they run stocks because they know whats coming. Now if you look at he weekly GOLD chart the 50 day and 200 day are heading towards each other and there is going to be a 50/200 cross in the next month or so. The accumulation lines are incredible as well. The top of the weekly GOLD using the ADX trend line is 50, its at 35 now.In 2008 they ran stocks all summer long before the crash...things that make you go Hmmm. Correction came in the middle of august last year. Take in to account the circus show election right now. the next resistance is 1400.00.
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