Jesse's Café Américain Wed 2010-01-13 11:45 EST
Weekly Gold Chart
1100 is key support. 1180 is key resistance.Everything else is noise.
Jesse's Café Américain Wed 2010-01-13 11:45 EST
1100 is key support. 1180 is key resistance.Everything else is noise.
naked capitalism Thu 2010-01-07 15:35 EST
Ambrose Evans-Pritchard is nothing if not decisive in his views, and has a undisguised fondness for the bearish perspective. But he was correct on the 2008 inflation/commodities headfake, saying repeatedly that deflationary forces would prevail when that was decidedly a minority view...Some of his observations seem spot on, in particular, that the Fed will lose its nerve and abandon its efforts to withdraw from quantitative easing, despite noises now to the contrary, that the dollar will rally near-term, and the yen will break