You either believe that gold stocks suck and gold's investment case is under threat or you don't.
If you are among the former, you probably think these charts represent the beginning of a new bear market in gold and especially gold stocks. If you are among the latter, you see these chart patterns as nothing but bullish consolidation that shakes out all the casino patrons, cry babies and whiners who never knew the real case for the barbarous relic to begin with.
Hint: I am a chart guy and I see b) consolidation of the euro crisis momentum.
http://www.biiwii.blogspot.com
http://www.biiwii.com
If you are among the former, you probably think these charts represent the beginning of a new bear market in gold and especially gold stocks. If you are among the latter, you see these chart patterns as nothing but bullish consolidation that shakes out all the casino patrons, cry babies and whiners who never knew the real case for the barbarous relic to begin with.
Hint: I am a chart guy and I see b) consolidation of the euro crisis momentum.
http://www.biiwii.blogspot.com
http://www.biiwii.com
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