Gold Going Lower

Gold Futures are showing bearish signs with low volume rally into the previous support levels $1675-$1700 which is resistance now.Once $1700 is reached bears will jump with their band wagon once again with their usual gold hating slogans.But once breaking $1600 will takes to lower levels around $1400 which will be the ultimate buy opportunity going forward.I believe it will be back with vengeance to attack $2000 level and will target $3000 by end of summer 2012.

Anyway here's the gold picture for the month of October.



Good Luck Happy Trading.

Gold In Fort Knox or Not !!!!!!

Dylan Ratigan SoapBox

Hope many of you had seen him anchoring fast money just before the 2008 crisis on CNBC ......... hez still working with MSNBC.He's the only anchor who boldly said on live show on main stream media that I am sacked and I'm leaving this show for good.

He opppose the way the news channel manupulates the contents.
He opppose the way the wall street fat cat works
He opppose the way the two way politicial party works.
He opppose the way the US govt works Business Vs Politics.

Anyway its worth watching................

Count Down Bank Of America 5 4 3 2 1..........

Bank of America is about to explode big time as its stock price is dropping like count down timer.In another 30days to 3 months of time frame we will hear something big in the market in banking space as TOO BIG TOO FAIL is about to nuclear to create ripple effects on the globex.

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