TYHEE GOLD CORP

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Message: Currency wars detonate; Gold refuses to budge.
"Conclusion..................... The markets are extremely leveraged today and this leverage does not refer to money only, but emotions such as stupidity, fear, greed, etc. There is a lot more in terms of useless emotions involved in today’s trading than in yesteryear. The fixation should not be on trying to spot the exact bottom; looking for the exact bottom is like trying to find a needle in a mound of cow dung; a malicious and stinky process where the odds of success are rather low. If you adored Gold at $1800 or $1600 or even $1200, then you should simply be mad about it now that it is trading well below $1200. Do not impersonate the horde (mass mindset), whose sole role is to sell when it’s time to buy, and buy when its time sell. These people always make the following statement “I wish I bought when the markets were falling apart," but when that situation finally presents itself, these very same individuals are the first to head for the exit......................... There are some analysts offering haughty targets of $10,000, $15,000 and some are even over $20,000. While we are at, why not suggest $100,000. We are sure some analyst will come out and issue such an inane target, as was the case with the lofty target of Dow 30,000 being issued years ago. This begs the following question. How many generations would have to pass before Gold ever hits those targets? Those guys waiting for the haughty predictions issued on Gold in the 1980’s, are still waiting for those high-end targets to be hit. Why the focus on such high-ceilinged targets when Gold has not even touched the $2000 level................... The targets we issued years ago still stand. Our first target of 1500-1800 has been hit. The next stage is for Gold to trade to $2000; once $2,000 is taken the next phase of the true bull will begin. Our high target is in the $5000-$5500 ranges, with a possible overshoot to $6,000. The focus now should be making sure you are in the market and not jabbering about how high Gold will trade. As the saying goes “you need to be in it to win it” The trend is your friend; everything else is your foe."............... http://news.goldseek.com/TacticalInvestor/1440767971.php
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