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  #1 (permalink)  
Old 08-27-2008, 12:27 AM
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Time to buy Gold?

Gold rises first day in three as crude rallies

By Moming Zhou
Last update: 1:46 p.m. EDT Aug. 26, 2008Comments: 16
NEW YORK (MarketWatch) -- Gold futures Tuesday closed higher for the first time in three sessions as rising oil prices increased demand for gold as an investment haven against inflation. Gold for December delivery rose $2.4, or 0.3%, to $828.10 an ounce on the New York Mercantile Exchange. October crude futures soared as much as 2% on concerns that Hurricane Gustav may damage oil facilities in the Gulf of Mexico.

Is this a bottom reversal with a cup & handle, time to buy?

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Old 09-13-2008, 03:26 AM
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Another new bottom, IMHO

Maybe 700 is the low?

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Old 09-18-2008, 02:18 AM
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Talking As we thought, it was time!



Great call here!!

We seen this low as a perfect time to get back in cheap, now we could see an all time high that might hit $2,000 by the end of the year! IMHO of course...
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