Sufiy.: Gold is in very bullish CUP and HADLE formation

Thursday, August 09, 2007

Gold is in very bullish CUP and HADLE formation

I am totally agree with following chart from JIM SINCLARE web site.

With mounting Subprime meltdown and threat from China to unload their USD bonds holdings USD has a very bleak future and Gold and Silver will make their way to defenite break out:

http://jsmineset.com/cwsimages/Miscfiles/5044_Gold_08_09_07.pdf

In July Swiss and Spanish central banks were selling gold and still they can not break the chart. It is battle without rules and stay safe without margin, accumulate good juniors which are on garage sale now, keep watching SubPrime: today French BNP is in trouble...they "can not price 3 of their funds"

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