The Gold in December 2009

 
 
" Look for a change in trend Nov. 3,13, Dec. 7, I wrote in my Nov. article. This November brought only a upside rally, still these days marked a new start for a new wave. Next day to watch is around the corner, Dec. 7.
 
A picture worth's a thousand words. In this graph below we have a weekly graph. It shows a head and shoulder pattern. Target to complete this pattern is almost 1300.
 
There is something strange though. Usually gold goes up, shares down. This did not happened during November. Shares AND gold rallied. What will happen next year? I expect a huge correction during the first months of the year, Uranus in Aries, mind you, will rock and roll us and the markets. Will mankind find a better investment than gold? Will they bring a regulation on the metal? Will we run out of gold?? That will be a disaster..!! What can we rely on, if not the treasures of Mother Earth?
Till someone will find an answer to this question, the gold will continue to go up with minor corrections of course. Someone told me, he won't buy gold till it'll not be at 500.. well… Let me know too..
 
Meanwhile in the map of the gold here below we can see what brought to this rally. Transiting Uranus on Natal Jupiter.
Look for a change in trend during the days I pointed out in my Dow article, and further on in mid March, when Jupiter will conjunct Natal Jupiter.
 
It's nice to make a lot of money on a share that goes up. But when the Gold makes this rally, it's a bad sign. We should ask ourselves, why is the gold going up so fast and so much, besides Uranus? It's fear, ladies and gentlemen, people do not trust shares or bonds and then they turn to Gold and Silver. Why is there fear in the hearts of people? What do they fear? Is it 2012, silly propaganda movies? Or is it their government and leadership that they do not know what to expect of ?? Will the gold protect someone from cancer or the flu? Will it bring happiness? Do you get a parcel of gold actually by special delivery to your homes? No ! It's all fiction and cyber trading. With one click it can disappear. It's good till it lasts.. but then??
 
Happy trading!!

1/12/2009

Any decisions in financial markets are solely the responsibility of the reader, and neither the author nor the publishers assume any responsibility at all for those individual decisions
 

 



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