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Today’s action in the gold market is better than the best pulp fiction!

Big Al
January 13, 2014

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Discussion
21 Comments
    Jan 13, 2014 13:51 AM

    i think everyday in the gold market is interesting.

    i said on friday to watch the last 1/2 hour – which was very strong

    we breached $1250 but we need to hold it.

    a lot of resistence that needs to be taken out, including the very important $1340
    if we take that out its going to get very very interesting

      Jan 13, 2014 13:46 AM

      These are very interesting and dramatic times James the Greater!

    Jan 13, 2014 13:53 AM

    also watch oil which is quietly breaking down, usually that is gold negative
    not sure what to make of it just yet

      Jan 13, 2014 13:56 AM

      My thought was that oil was leading the stock market down into an intermediate degree correction.

    LGC
    Jan 13, 2014 13:54 AM

    Lets here it for the Bettles, “Let it be, Let it be.

      Jan 13, 2014 13:47 AM

      Couldn’t agree more LGC!

    Jan 13, 2014 13:58 AM

    GREAT COMMENTS AND THOUGHTS GARY.

    Just lets be careful about stocks…they wont go away to easily.
    Rally in stocks might put a few dents in gold.

    1280 in gold will be a hurdle. If stocks keep rolling down gently
    we will probably go right to the 1300’s in gold.

    IMVHO where are all our bear cub posts lately.

    […] here Written by Gold […]

    Jan 13, 2014 13:05 AM

    Al,, slow down with the hyperbole, Most interesting day in gold you seen in years. That,s a stretch

      Jan 13, 2014 13:15 AM

      Take a good look at gdxj…..and its moon shot cousin jnug

      HOLD ON TO DEM…EYE BALLS before you loooook…….

      ITS A VERY GREAT DAY IN THE METALS ……no hyperhole…DUDE

      Jan 13, 2014 13:49 AM

      Not really and I will tell you why I said that.

      I went to the live spot market and watched the price change literally every five seconds. That tells me that, as Van Morrison says, “Somethings Going On and I don’t Know What It Is”!

    b
    Jan 13, 2014 13:16 PM

    I find kitco lags, maybe my pewter or server.

    Jan 13, 2014 13:04 PM

    I think we get one more gold smack down going into the Feb. delivery, but the miners have bottomed. Just a gut feeling as the bullion banks are trying to get as long as possible before gold starts the next humongus leg up. God Bless…

      Jan 13, 2014 13:19 PM

      Did anyone see the volume on the GDXJ today-extreme..

      Jan 14, 2014 14:23 AM

      Could be happening right now. (8:20 am pdt on Tuesday!)

      Let’s see where we go today!

    Jan 13, 2014 13:34 PM

    If we have seen the bottom, this rally needs to accelerate and explode upwards, otherwise it will be just a another bear trap.

    Jan 14, 2014 14:50 AM

    How will GDXJ and GDX react when the market as a whole breaks down? Lowering tide lowers all boats…or the opposite?

      Jan 14, 2014 14:24 AM

      My guess – the opposite Gman

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