Having just got back from a cruise around southern Europe, I was struck how nobody drove an old car. I'm not sure if it's laws that keep old cars off the road, or just living the high life.
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Having just got back from a cruise around southern Europe, I was struck how nobody drove an old car. I'm not sure if it's laws that keep old cars off the road, or just living the high life.
Why you say?
Umm, maybe because some of us dont actually give a Hoot whats happening in Greece and purely look at Gold and Silver Technically, whereby the new support is now $1,748 and as I type the price is $1,793.9x
So that is why.
Plus the fact that if this is technically where Gold is now before the actual event (be it some of the price is factored in atm) what happens after once it becomes Italy's turn up to bat, or Ireland or Spain. But then I dont even wanna talk about that, as I purely wish to talk about the technicals as the fundamentals are a bit to long drawn for me.
ps: EZ, close cigar mate you nearly cracked your predicament, just a few bucks away, although it still is my hope that more consolidation in the current range continues, so Well done mate.
HC Britain is a place where they have zero tolerance for sh!tters being allow on their roads, they makes stacks from MOT every year so if a car falls below the bar of MOT then, its no go and they dont get registered.
Hence why if you look at ebay over there in the UK you can see some what could be seen as pretty expensive cars being Wrecked over there for parts, whilst we here in Aus, drool to think how little the car sells for and what parts there are :P
Warren Buffett has bought $20 billion worth of stocks in the 3 months ending Sept. 30th. He reckons it's like buying on sale. He thinks gold's a complete waste of time and since the guy's so canny the stockmarket could be in for a turnaround.
Which reminds me, when's hyperinflation arriving?
This from MarketClub today, the gold trends have been strong for a few days, so let's see what happens in the London market tonight.
Quote:
GOLD (SPOT)
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OUR VIEW: Resistance at $1,800 basis spotThe upward trend in gold remains intact with the Chart Analysis Score remaining at +100. This indicates to us to be very concerned about what is happening in Europe and the financial markets. Long-term and intermediate term trends remain positive for this precious metal. Intermediate and long-term traders should maintain long positions with the appropriate money management stops in place.
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Monthly trade triangles for Long-term trends = Positive
weekly trade triangles for intermediate term trends = Positive
daily trade triangles for short-term trends = Positive
Combined Strength of Trend Score = + 100
Possible EWT count = B
V.
interesting read ...
http://www.interest.co.nz/news/56634...pinning-strong-