Realcent.org

I could be 100% wrong but something tells me gold will rally soon.
Bought some at 1570 just now.
Cheers!

Still long? Looks bad. thanks.

My observation: We are busting through support. Technicals can be thrown out the window in the short term.

I think you will see 1499 before ya see 1675 which is fine by me.

OK - this one I especially give Jon credit for. The "physics" of the move - specific cause - for this instance, definitely depended on market news about the ESM decision, so, Jon - in the data did you see some evidence of market movement ahead of the announcement, perhaps signs of some insider trading?

Euro just jumped on Germany's decision. PMs should take off.

franklin wrote:Euro just jumped on Germany's decision. PMs should take off.

Let's hope you're right, the Buck is down $1.24

beauanderos wrote:

franklin wrote:Euro just jumped on Germany's decision. PMs should take off.

Let's hope you're right, the Buck is down $1.24

Beware the rapidly shrinking half-life of rallies generated by pompous European announcements.
http://www.zerohedge.com/news/bidermans-disbelief-markets-unending-belief-something-nothing

http://www.zerohedge.com/news/charles-hugh-smith-why-debt-dependent-status-quo-doomed-one-chart

For paper traders, the rally was "enough", regardless of the half-life. For physical stackers, it's of little consequence.

I was just interested in Jon's data; what specifically did he see in advance of the announcement?

68Camaro wrote:For paper traders, the rally was "enough", regardless of the half-life. For physical stackers, it's of little consequence.

I was just interested in Jon's data; what specifically did he see in advance of the announcement?

Maybe this is an example of what he sees?

http://www.ino.com/blog/2012/07/some-th ... or-macd-3/

Jonflyfish wrote:I could be 100% wrong but something tells me gold will rally soon.
Bought some at 1570 just now.
Cheers!

$1710 hedges holding strong. Will layoff later though.
Cheers!