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Bullau

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Re: ..........GOLD has decoupled..........

in response to Re: ..........GOLD has decoupled.......... by Yurdon

posted on Nov 04, 09 03:44AM

No offense Yurdon at all.........I am just seriously think we are still going to get a nasty deflationary collapse again........Could be wrong but we shall see.

Maybe I should clarify that I haven't sold any of my miners of gold and silver yet but just was stating that adding longs here might not be prudent.....we shall see.

I think in terms of Elliot Wave this move up may be an extended wave B of an ABC correction since March 08........Albeit if gold goes much higher than this is out the window and gold is going much higher pronto and much more quickly.

Don't get me wrong I am a big gold bull and that is why I have lots of mulla in PLE and other gold and silver juniors just saying the party is getting a little hot and the gold stocks have not followed gold up this time which is usually a warning sign.

Posted my thoughts for attack later and ridicule......lol

http://stockcharts.com/h-sc/ui?s=$GOLD&p=W&yr=8&mn=2&dy=0&id=p21121281249&a=182563122&listNum=4

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