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April 13, 2012 / Hal (GT)

What has changed?

Free Adobe Air Widget for Tracking Gold, Silver, and Platinum.

Overall all, I would say this was a pretty good week. Gold is stair stepping back up and looks to have a lot of buying in the 1650 range.

I keep asking myself, as the MSM types declare that we are into a recovery, what has changed from when the crisis began in 2008?

I can’t really point to anything. Debt has soared higher. Countries are still broke. And no one has given any solutions to change the course we are on.

And gold really continues to declare that nothing has changed by its current price level.

There did seem to be an attack just before COMEX closed at 1:30 and as Caesar Bryan notes today on King World News there was a Suspicious $1.5 Billion Gold Dump.

Next week will be here in no time and with all of Europe on the ropes, I don’t think that anything has changed around the world except that more and more people are realizing that their governments are out of control with spending.

Here’s a great example from two years ago that nothing has changed:



Leave a Comment
  1. trader2trader / Jun 27 2012 9:53 pm

    Hi, funny video, i guess all these problems are just bullish for the precious metals. Greetings

    • Hal (GT) / Jun 28 2012 6:17 pm

      Howdy! Great to make your acquaintance. Yup. Got to love that video. My personal feelings remain that things are bullish long term for precious metals. In the short term there is a consolidation taking place and weak hands are being forced out.

      Do you have any thoughts on precious metals?

      • trader2trader / Jun 29 2012 12:33 am

        Hi, great as well to meet you. I totally agree on your outlook, and i guess we can take advantage of the relatively attractive prices especially for Silver, i live in Mexico so its cheap here!. So while they keep doing their paper naked-shorts on precious metals prices, ill keep on buying physical silver and gold. Greetings

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