GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Monday, December 20, 2010

Gold to Buckaroo in the New Year - CNBC Chartist Analysis

CNBC chartist gives his opinion on where gold is going.I got the impression he was saying short term volatility to the downside and then a breakout. Gold has been buggering around doing not a lot for a while now. I think it'll do something decisive in the next month or two and I can't see a reason to sell it yet

He is as good as the average meteorologist, 50% chance of partly sunny on Monday then 50% chance of partly cloudy on Tuesday, followed by a 50% chance of rain on Wednesday.

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