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  #261  
Old 31-12-2007, 03:51 PM
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GoldBull5000 GoldBull5000 is offline
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Right now, gold is traded at $845.2 and USD just made a new multi year low vs. SGD. I guess traders do not read Singapore newspapers.
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  #262  
Old 01-01-2008, 09:15 AM
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Default More Traingles Charts Financial sense.. Happy 2008! probably see 1000 soon?







Gold finished the Minor degree wave 3 of Intermediate degree 1 up on May 12th at $730.40, and has decisively surpassed that level, a Bullish breakout. It came close to hitting a new all-time high, above $850.00. It got to $848 on November 7th, 2007. It closed November with an average daily price over $800 an ounce for the first time ever. Gold is rising sharply once again.

Gold’s Minor degree wave 4 was a Symmetrical Triangle, a consolidation pattern of the Minor degree wave 3 rally that started back in 2001 and extended into the May 12th, 2006 top. Waves a through e within wave 4 are complete. A break above $730 confirmed that the triangle is complete, and wave 5 up is underway. Wave fives typically extend with precious metals, so for wave 5, $1,000 is not out of the realm of possibility for Gold in 2008. Minuette wave i up of 5 up has not yet completed. Gold revealed itself to be forming a Symmetrical Wave 4 pattern, a five wave pattern of three waves each, that started at the $848 top on November 7th. This pattern looks complete, is textbook, is Micro wave 4, and Gold has predictably broken out higher from this pattern, wave 5 of i up.
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  #263  
Old 05-01-2008, 12:48 PM
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funGoldSilver funGoldSilver is offline
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Interesting article on gold & buy physical gold.

http://www.sfomag.com/homefeaturedet...ry&YearID=2008


Cheers!
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  #264  
Old 08-01-2008, 05:43 PM
mon_mnl mon_mnl is offline
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UOB Gold SA pierced S$40/gm - now sells at S$40.15/gm.
At the rate it is climbing, gold might hit US$900/oz this month.
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  #265  
Old 08-01-2008, 06:25 PM
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Gold US$1k & Silver US$20 on the way this year !

Alot people are still not wake-up to realise real treasure vs paper money.
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