Rick Ackerman and Technicals
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Looks like Rick is correct and we will be updating this later this morning.
How about Platinum, hey, hey, hey!
I said last week, platinum was sneaking away from gold………..
the ratio is .89, gold to plat,,,that is the best in 3 yrs.or longer.
Yes you did The Tall!
Gold is clearly past the 20 day and headed to the 50 day around 1317. Glad I stocked up on a ton of nem the last 2 days. General market is weakening and dollar collapsing which should help this sector. At 1309 right now. It should break 1350 in a few days at most and head to 1400 I believe before the momentum dies and then it should correct down significantly down to 1350 or lower.
Still, Paul L, $1350 is better than the last few weeks!
Blew away the 1306.50 that Rick stated since it went past 1313, so that is good news so far.
So far, Fred, so far!
Slow and steady,
moon-shot Freddie.
Should I add “wins the race”!
http://www.safehaven.com/article/30731/is-this-the-cheapest-you-will-see-precious-metal-and-miners-in-your-lifetime
Gold is about to take out the 50 day moving average late evening.
I believe you Wii be proven correct.
6 month GOFO went negative today for the first time ever.
http://www.lbma.org.uk/pages/?page_id=55&title=gold_forwards&show=2013