August 22, 2008
Gold and the Golden Ratio
Commodities Rally, Head for Biggest Weekly Advance Since 1975
Another article with dumb, lame, or nonsensical reasons given for price movement that’s probably all technically driven.
The last time I posted this chart was at the end of April. Gold is connected to the dollar which is connected to the resolution of the credit crisis… it’s all interwoven, seemingly simple but really complex. As Ed Seykota is fond of saying: trading is the toughest way to make an easy buck.
Cat: | Time: 1:51 pm (utc+8)