I observe Global crash environmental conditions, targeted liquidity shocks, plague symptoms. This is an ongoing global market game of crash and enlarged cash piles lost in the dark, .New banking regulations and waves of bankruptcies might soon follow. Raise liquid cash and be sure to have some physical gold. Buying opportunities will soon pop all around. Elliott Wave International just released a timely on going Crash Course; see also Conquer the Crash by Bob Prechter (EWI founder) - Excellent composition which is easy and highly educating. This is a must read book for most people.
Related : To melt or not to melt: That's the coin question...
Here is Spot Gold weekly chart with Fibonacci retracement lines and Uptrend support:
Thursday, June 08, 2006
Subscribe to:
Post Comments (Atom)
2 comments:
May I ask: Why hold physical gold and not gold producer stocks?
Good question condor - see answers :
Gold and Silver Mining Stocks: Special risks when investing in a mining company
Gold and Silver Mining Stocks: Gold, Silver, Metals Mining Exploration & Political Risk reports
Post a Comment