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Well over $1000 spot now. :rolleyes:

 

Once again, the story in UK£ is entirely different!

 

Someone should put up that picture of the plane made from dollars in flames once more...

 

EDIT: Oops -- I take that back now that one chart has caught up with the other... :)

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Haha. Just as gold crossed $1000 Royalgold inexplicably sold off below $31.30. It was like taking candy from a baby. Already out for $2500 profit.

 

$32 is key resistance.

If it can get above that, it will start to motor

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$32 is key resistance.

If it can get above that, it will start to motor

 

I just switched on to kitco then came straight here - WOW!

 

Great news and eagerly awaited, we are definitely through.

 

DB how do uou work out key reistance as you have at $1032?

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I just switched on to kitco then came straight here - WOW!

 

Great news and eagerly awaited, we are definitely through.

 

DB how do uou work out key reistance as you have at $1032?

 

 

CIGA, he was talking about Royal Gold, a mining royalty company which a few of us on here own. $32 is resistance for that compnay.

 

As for resistance on gold, I have no idea, the newsflow makes most TA redundant at times like these.

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DB how do uou work out key reistance as you have at $1032?

 

whoops.

I am talking about resistance for Royal Gold (RGLD).

I want to see a break above $32. It has worked like a bellwether for the Juniors, for soem odd reason

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Yet another DOW and dollar rebound strangled at birth. Sooner or later people are going to realise that stepping in front of the bear market freight train is a recipe for one thing - PAIN.

 

That's when we'll get the capitulation sell, when the idiots have been burned so many times that they don't come back for more.

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http://www.bloomberg.com/apps/news?pid=206...&refer=home

``The issue now is whether Bear Stearns customers will stick around,'' said Bruce Foerster, president of South Beach Capital Markets and a former Wall Street executive.

Why the heck DOES he think anyone wants to stick around a turd that has just hit the fan?

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I seems to be stabilizing above $1,000. :rolleyes:

 

Yes. It needs a small "kiss it goodbye" move here

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