Bullish Gold in Four Pictures

229
Tue, Sep 20, 2011 - 3:06pm

All four of the charts below paint a bullish picture but it appears that the next 24-48 hours hold the key. Hmmm. Isn't that interesting? What earth-shattering, market-moving news is possible over that time period?

Silver, not so much. Though I'm still extremely bullish long term, for now, silver looks to still be taking baby steps toward recovery.

Further affecting my enthusiasm for silver are the charts for copper and crude, both of which are failing to inspire much excitement or confidence.

That'll have to do for today. The Turd is going to be quite busy through the evening so I doubt I will update again before tomorrow morning. Hang in there. Get some rest as tomorrow promises to be a very interesting day. TF

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  229 Comments

Haole
Sep 20, 2011 - 3:59pm

Re: A Word of Caution

One of the reasons many at Gold Is Money 2 have lost their "stashes" in boating accidents while transporting it to a safer locale. ;)

Speaking of reposts from prior threads, this Bill Still interview deserves one also IMHO.

https://www.youtube.com/watch?feature=player_embedded&v=CrSWpmtm0kY#!

Fried Eggs. You forgot: People will be living in caves and cooking squirrels over fires, just like 3000 years ago...

Shill
Sep 20, 2011 - 4:02pm

Heading out for a few

Heading out for a few errands needless to say I am nervous about tomorrows direction.

Good or bad it will be interesting Market wise.

Be well

RuNuts
Sep 20, 2011 - 4:03pm

'Dr Doom' Roubini calls on Greece to admit bankruptcy and leave

MSM is sending the signal...

'Like a broken marriage that requires a break-up, it is better to have rules that make separation less costly to both sides. Breaking up and divorcing is painful and costly, even when such rules exist. Make no mistake: an orderly euro exit will be hard. But watching the slow disorderly implosion of the Greek economy and society will be much worse.'

https://www.dailymail.co.uk/money/news/article-2039551/Dr-Doom-Nouriel-R...

FriedEggs
Sep 20, 2011 - 4:04pm

@Death Ceiling & our PM cache

I find this to be an interesting

.

How do we Turdites - spread the word about PMs, without ummm, 'spreading the word about OUR PMs'

Fried(e)

Jake
Sep 20, 2011 - 4:05pm

A Long Time Ago...In a Galaxy Far, Far Away...

If You Look Closely, You'll See a Young Ben Bernank on a Train Ride With a More Youthful Paul Volker. This is How They Developed the Idea For Operation Twist.

Borrow From Ben To Pay Paul!

Cracker Jack Commercial (1965)
WheelerSilver
Sep 20, 2011 - 4:12pm

Come on Silver!

Too bad that Silver isn't pushing up like gold today. I bet it catches up tonight though like usual. Thanks again for the insight TF.

________________________

https://www.wheelersilver.com

~Handmade Quality Bullion~

The Death Ceiling
Sep 20, 2011 - 4:13pm

@FriedEggs

Very easily. I give my thoughts to the community without having to divulge my own position.

Just offering some advice, no need to attack me.

Gibboslv
Sep 20, 2011 - 4:15pm

I'm In !!

I just got in a position @ 39.90 I'm not a big gun as i can only do spread betting so I'm sorry for not contributing to a up tic but i will but phys with any profits i make so heres to helicopter ben to give us some good news for PM's tomoz. As a side note i don't understand why people slate the Turd when he gets it slightly wrong. If people are rich enough to lose a lot of money then surely they should be smart enough to DYODD so ease off a bit please peeps as Turd puts a LOT of time and effort into helping people and preparing for what is becoming even more apparently so as each day goes by!! Keep up the good work Turd !!

Jake
Sep 20, 2011 - 4:22pm

Some Kind of Breaking News On Greece Was Flashed On CNBS

I Think It Was A "Breaking News Item Saying The Greek Officials Will Return on Oct 4th For Further Discussions ...Seems Like Nothing Was Resolved yet.

NOW...New Breaking News on CNBS..."GOOD PROGRESS" was made on the conference call

Troica will be back into discussions next week. I guess they'll be okay After all!

YAYYYYYYYYYYYY!

Everything's Fixed---Move Along!

GabeT
Sep 20, 2011 - 4:23pm

Now just waiting

... for tomorrow. I hope to see a good trend up again for PMs :)

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