UPCOMING GOLD DEFAULT (by Jim Willie) -

TAXMASTER · 11-01-2008, 03:44 PM

goodby dollar.....most likely there will be a new metals backed currency coming from china/russia. look for signs at next weeks g20 meeting. i am a day trader and i can spot the charts when manipulation is going on. i got caught with my shorts down recently with the drop in gold by $60 within a few minutes. the market quickly over reacts to world news in oil prices. every since oil was in the $120 range, it had no reaction to news of hurricanes, civil unrest in oil countries, or lack of inventory news. you could tell that someone in the backroom had an agenda. day traders focus so much on technical indicators and underlying reasons for moves ie overbough, oversold macd etc. lately, the movement of price has been on a mission. its all been about pumping up the dollar before the election. what a laugh...the dollar is stronger now after printing a few more trillion dollars and taking on trillions of debts. any 3rd grader can see the agenda.

Namaste'

11-01-2008, 03:44 PM	#7
TAXMASTER Avalon Senior Member Join Date: Sep 2008 Location: Terre Haute, Indiana Posts: 117	Re: UPCOMING GOLD DEFAULT (by Jim Willie) - goodby dollar.....most likely there will be a new metals backed currency coming from china/russia. look for signs at next weeks g20 meeting. i am a day trader and i can spot the charts when manipulation is going on. i got caught with my shorts down recently with the drop in gold by $60 within a few minutes. the market quickly over reacts to world news in oil prices. every since oil was in the $120 range, it had no reaction to news of hurricanes, civil unrest in oil countries, or lack of inventory news. you could tell that someone in the backroom had an agenda. day traders focus so much on technical indicators and underlying reasons for moves ie overbough, oversold macd etc. lately, the movement of price has been on a mission. its all been about pumping up the dollar before the election. what a laugh...the dollar is stronger now after printing a few more trillion dollars and taking on trillions of debts. any 3rd grader can see the agenda. Namaste'