This is a classic signal of a top in markets--a contrarian indicator that financial asset bubbles will pop. The Fed has formed a "committee" to prevent said bubbles. Got it.
Humans have now learned how to defy the laws of physics and gravity, also.
http://www.bloomberg.com/news/2014-09-12/fed-s-fischer-leads-committee-watching-for-asset-price-bubbles.html
Showing posts with label Watching. Show all posts
Showing posts with label Watching. Show all posts
Saturday, September 13, 2014
Friday, August 23, 2013
The Line Every Gold Trader Is Watching
I'm not a gold trader--other than buying the dips. I'm an accumulator of physical bullion. But for those with a bent for trading, gold just blew through its 100-day moving average, which indicates a bullish break out above major resistance. The train may have left the station for those waiting for a correction.
For those who never purchased precious metals, good luck to you. You're going to need it when the dollar loses its reserve currency status.
http://www.zerohedge.com/news/2013-08-22/line-every-gold-trader-watching
For those who never purchased precious metals, good luck to you. You're going to need it when the dollar loses its reserve currency status.
http://www.zerohedge.com/news/2013-08-22/line-every-gold-trader-watching
Labels:
100 day moving average,
Every Gold Trader,
Line,
Watching
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