Cory's Insights – Tue 10 Dec, 2013

Gold Halted As Prices Spike Higher; Stocks Stumbling

Could this be the start of the big players moving long gold? Gary Savage seems to think so (listen to his interview today). December has been a far better month then in prior years and if the move up in gold today holds throughout the week we are set up for a strong finish to the year and start of 2014.

Here is one of the charts presented in the Zero Hedge article linked below.

Gold moving up today

Click here to see all the charts and read the post.

  1. On December 10, 2013 at 9:17 am,
    Bird Man says:

    Well that’s a new one! Don’t often hear gold getting stopped when it is rising. Did someone just get the buy signal and kick it into gear (or is it those damn manipulators again….being sarcastic of course!)

    • On December 10, 2013 at 10:41 am,
      Big Al says:

      Stopped for a few seconds! But it was stopped apparently.

  2. On December 10, 2013 at 9:21 am,
    b says:

    Geez bird, it could be manipulaters, who knows?
    $1261 was a target of Garys wasnt it? Is that his sorta all clear signal?
    Then I thought I heard $1271 somewhere.

    • On December 10, 2013 at 11:12 am,
      Bird Man says:

      Well, we know some of the banks have gone long. I suppose if a few of them traded hard right now it would build a little excitement and get people talking gold once more. Like Al noted…..its a small market. It does not take a lot to get it moving once people take an interest.

  3. On December 10, 2013 at 10:41 am,
    Big Al says:

    Listen to what Rick has to say today, b!