Feb 21 2009
GOLD targets hit… DOW a real break?
GOLD steroid hit the 1000 mark which was my initial target as posted in previous posts..
This being said with DOW breaking the previous lows and risk aversion being so high Gold would be on the verge of new high sooner than later ..
DOW charts are speaking great volume on the current scenario a close below 7000 and the new lows are formed and this will make many more issues to be open and debated with american bank sytems and lending regulations with many more issues of unemployment and loan problems out in open to debate on world stage ..
Not forgeting that the commodity prices will surge higher and break new highs and then we will have a stage ofso called correction with newer regulations and strict look on all the frauds and fraud check commissions set all over world in every country and then slowly everything will ease inflation will fall ..people will realise importance of saving and where to invest rightly and how to avoid excessive use of credit cards ….
Well well well….AM I DREAMING?……ONLY TIME WILL TELL..
