Zitat von Sinclair heute Nacht:
"......Gold bull markets, like anything else, represent a process in which the bull item morphs itself from a tangled web of relationships until it becomes its own shining star.
The Fed can read charts like anyone else so you can see what the line is that the production firm of Lacker and Poole are trying to jiggle. Their focus is on stopping the potential bullish reverse head and shoulders in gold---(Anm.:sh.Posting gestern morgen 11:04 "Gold -- Chartergebnisse" )--- and the Euro you can see on this evening's chart. That happens to correspond to .8500 on the USDX, but as I said last evening, it is the Euro that tells you more about the dollar now than the USDX does.
Sure we are on the defensive as we speak, but for how long? The window in time is open here for one month for a move that goes to a new high. The window will open again in January with the same potential.
Traders must do what traders must do. Keep in mind gold is going to $1000, rest a little and then $1650. It may go even higher.
Ask yourself the question concerning those situations in gold that have performed well: What will they be worth at $1000 and $1650? All else is noise...."
Grüsse
Edel Man