Saturday, October 10, 2009
This is five year GOLD index chart.....
Now any idea where it could go from here it hits already high. Now one second simple demand law will apply here.....In near term I am not bullish.... But high probability to make new high in 1st Qtr of 2010. Friends its related to problem to the "green buck" . People joke that what president Obama will do with Nobel prize money for peace (Irony is that he wins when the nation he heads is at war..) ?? Probably will use in stimulus.... ha ha good joke... But sadly whatever happened in financial world last year.... and after that some one has to pay the price..... And this time it is Dollar which is paying the price......... On the verge of loosing sheen as global currency.... Time will tell everything... rranjan27@gmail.com
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