muses of the moment

September 30, 2011

Gold

Filed under: Gold and Silver Investing — totallygroovygirlfriday @ 2:25 pm

Although, gold has taken a hit and is close to the weekly bearish number from Martin Armstrong (we shall see how close later), gold is still trading within the uptrend channel that began in 2008-2009.

Click here for chart of the day.

Long-term, groovygirl is still bullish on gold.

1 Comment »

  1. I checked out http://www.jsmineset.com today and one of the contributors attended the Utah Monetary Summit this past wek . Utah passed a legal tender act which allows one to use gold and silver coins as legal tender in Utah . Apparently alot of other states are looking at this type of legislation and considering it . The contributor wonders whether this could lead to a sort of constitutional crisis for our govt . Read the entire post , Most informative . 2012 I fear will be a stormy economic year nationally and globally .

    Comment by dixiechick — September 30, 2011 @ 6:23 pm


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