Free Median Line charts have been posted – this weeks charts include the e-mini S&P and the GBP/USD 240 minute chart: http://bit.ly/sVodx
October 26, 2009
October 20, 2009
Gold: What’s REALLY Behind the Record Rise, Bull or Bubble?
Gold: What’s REALLY Behind the Record Rise, Bull or Bubble?
October 20, 2009
By Nico Isaac
When prices in a financial market go from Sea Level to Outer Space in a relatively brief time, two scenarios are at work — and they both start with the letters “B-U.”
When a precious metal goes from being a popular long-term investment of buy-and-holders to the quick, get-away “vehicle” of day-traders, two scenarios are at work — and they both start with letters “B-U.”
And when the majority of mainstream pundits see a “new paradigm” in which prices continue to rise indefinitely, two scenarios are at work – and, you guessed it, they both start with the letters “B-U.”
Enter: the recent Gold Rush of 2009, when ALL of the above conditions apply. Everyone from hedge funds to housewives now hustle to hitch their asset wagon to the rising gold star. Which begs this question: Which of the possible two scenarios are at work: B-U-ll
— Or B-U-bble?
To read the rest of the article, click here: http://bit.ly/3Y6OVD