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December 6, 2011 / Hal (GT)

Which way will it go? Which way will it go?


That is the question isn’t it? What’s next? Will the Euro fold? Will the IMF bail them out? Will the ECB print? Will debt magically disappear and all live happily ever after or at least until the next, bigger, manufactured bubble smothers us?

Yeah. Gold is bouncing around in consolidation mode it seems. Bit frustrating to watch the golden widget on my desktop and get a head fake by the direction gold and silver are going but that can be the case from time to time. Though I must say when it got back below 1,710 I was thinking that this might be a great buying opportunity. The spot price now is at $1,729.40 so I guess some others must have had the same thought.

If you’re not following my scoop.it page you’re not getting all the goodness of articles I’ve stumbled upon along throughout the day.

That said there are three items that I think you need to check out if you do nothing else but download the widget.

Gold loses battle for $1750- needs to push through $1765

1705 Holds Again

Obama Now Blames The Internet For Job Losses  – augh.

Until next time.

 

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