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KDakotaFund (24.26)

Peter Grandich - Not There Yet (Market Update, August 22, 2012)

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August 22, 2012 – Comments (0)

Gold – Once again we’ve risen close to a key level for gold but I must remind some “yet again” we’re not in a new up-leg until if and when (more like when)we get two consecutive closes above $1,650. Gold’s technical picture is quite bullish but rest assured the “bums” shall attempt one of their raids as sure as Canuck fans are already getting their Stanley Cup-2013 hats ready.

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