Gold P&F Bearish, Silver P&F Bullish

Let the charts do the talking

THE BEST 5 MINUTES IN CNBC HISTORY

http://seekingalpha.com/article/121688-santelli-s-rant-a-watershed-moment

If you missed this you must view Rick Santelli's call for a Chicago Tea Party to stop the socialization of America.

Broad Market Continues Selloff, Gold over $1000

REMEMBER MY JANUARY 29 BLOG POST WARNING ON FINANCIAL SHARES--WELL 34 HAS BEEN TAKEN OUT ---WATCH OUT BELOW --I EXPECT A 30% REBOUND BEFORE FINAL LOWS ARE POSTED LATER THIS YEAR--




http://seekingalpha.com/article/121688-santelli-s-rant-a-watershed-moment

New lows confirm Dow Theory Sell Signal

The broad markets new lows today confirm the long term trend for the financial markets is down.

IBD signals Market in Correction

The $Indu came near to taking out its November lows. If or when that happens look for another down leg in this bear market. Gold and gold shares remain strong. Follow the fed reports on the velocity of money for a marker of when we turn from deflation to inflation. Tim Knight predicts S&P to drop to 650 in a "soon" timeframe. 79% probability of a down S&P tomorrow predicted by Palasades research. Carl Futia predicts gold to 1100.

ANOTHER BLACK SWAN???

Massive liquidation started this pm somewhere in Asia---ther could be a huge move to the downside tomorrow AM if the futures and overnight markets are correct. The US $ is up and gold is up--otherwise look out.

follow this link

http://market-ticker.denninger.net/archives/801-RED-ALERT-FX-Dislocation-In-Process.html

P&F CHARTS BULLISH

CHARTS FOR $INDU, $TRAN AND $HUI ARE NOW BULLISH. IBD IN CONFIRMED RALLY. ALL THAT IS LACKING IS DOW THEORY CONFIRMATION. Strong buy signal for gold and major gold producers. "Gold is rising against all currencies" John Murphy says on stock charts.com. I like ABX (+90 strong uptrend), AUY, RGLD,SLW,NXG. I suggest buying a one half position ---wait 6 months and buy second position.
Please take the time to follow the link below. It will take many years for the U.S. economy to revive itself--if it ever does.


http://www.speroforum.com/a/17985/Economic-Collapse-the-Japanese-solution

$INDU and $TRAN P&F BEARISH

GOLD REMAINS BULLISH

I LOOK FOR NEW LOWS SOON FOR $INDU AND $TRAN