THIS Would SUCK !
Surf City is a really unbiased guy…He trades what he sees and can turn on a dime. Her has told his subscribers he is bullish in the near term but beware of a short term cycle top in the Euro ( and Gold)
He got me looking at the Euro from a purely Chartology Perspective…(I know I Know…cycles play a very important role….but they are not my forte)
This Chart is scary but not ridiculous.
Warning Gold Permabulls do not enter.
Thanks and HELP!!
I have 1150 gold as the last line of support, if it were to break 1150 then 850-900 gold: http://stockcharts.com/h-sc/ui?s=$GOLD&p=M&b=5&g=0&id=p12543592900&a=481018086&listNum=1
I like the post you made about high quality miners. And some of you guys have been talking about investing only in the quality miners…
I forget that there some names out there that are worth investing in while gold is limping along, like FNV. It’s just leaving money on the table not looking at those high quality miners.
Good chart Fully! I have been suspicious of this gold rally from the start. I suspect we are still just ping-ponging. PM stock indexes have the look of an Evening Star formation to me. Just saying.
Good chart Fully.