Tuesday 10 May 2011

Gold at $1,510 and Silver at $38.25 today after a very bad week and half...

Mr Gold is taking it in his stride!...

Today’s action totally eliminates any and all remaining concerns for the price of gold. Today’s action lights up the $1764 Angel in gold.
Technical damage always requires technical repair. That type of price action is a perfect set up for a major launch of the gold price in June.
Relax and enjoy your protection and insurance positions.
Regards,
Jim

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