seasonality chart, been posted before,
gold seasonally weak in the summer, however if Europe
falls apart, and world economy continues to slow, gold will go down
because of deflation. Good assets get sold along with bad
assets in deflationary credit crunch times.
make sure to review my Mon newsletter on Gold. A lot of
gold bugs think that gold will do great if
Europe collapse etc, I think the opposite would occur,
gold would get sold.
seasonality chart, been posted before, gold seasonally weak
Is today a good day to buy Gold and Silver??...
Posted by matt on 12th of Jul 2012 at 10:10 am
seasonality chart, been posted before, gold seasonally weak in the summer, however if Europe falls apart, and world economy continues to slow, gold will go down because of deflation. Good assets get sold along with bad assets in deflationary credit crunch times.
make sure to review my Mon newsletter on Gold. A lot of gold bugs think that gold will do great if Europe collapse etc, I think the opposite would occur, gold would get sold.
Is today a good day to buy Gold and Silver??...
Posted by saturn6 on 12th of Jul 2012 at 10:34 am
GLD - Looks like it has filled the gap with other positives...
GLD at the decision line...
Posted by saturn6 on 12th of Jul 2012 at 03:30 pm
Upd...
Posted by saturn6 on 13th of Jul 2012 at 02:03 pm
I dunno, the down candles
Posted by frtaylor on 12th of Jul 2012 at 10:53 am
I dunno, the down candles on my 15 min GLD chart have a heavier vol than the ups this morning.