Replies to post #9583 on Short Term Trading Member Forum

[techcharter]

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...