the bulls are on the run and scared. of course the banksters help that along by throwing low #s out there. and when/if eg 1050 gets hit , they will pull up lower #s .
the gold bugs are being separated from their holdings, dont think so, well look @the drop in gld holdings. keep in mind this fund is run by the banksters. its a supply of physical for them. now who threw that large quantity of sells @the market @3am? when trading was quite thin? its a tactic we have seen throughout the bear . its not a new trick. i am watching the currency crosses. the dollar is overbought , against all of them. and the commercials are very very short the dollar.
i also keep in mind the banksters were some of the big winners in the last bull. following baron rothschilds , give me 60% from the middle.
if past smashes are any indication, then i expect the miners to bottom 1st. gold could continue down while the miners find footing and even advance. for now this market looks washed out and a bounce could occur. i have seen capitulation in here. how much is needed we will see. it seems to me a bounce should begin from here. i do see cycles bottoming @ months end/beg of dec. and we do have the prominent 21-22 month cycle bottoming in march. i am cautious here, not doing a thing . although this guy put his money where his mouth is
http://kingworldnews...ver_Plunge.html
dharma
question : american vote w/their pocketbooks. well if the economy was so good, how come the republicans walked away w/the senate!?