Gold is hanging in the triangular bullish flag pattern. It makes sense for gold to be taking a break at this level as it recently hit the nominal level that it hit back in 1980, a resistance level.
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"What? Me worry?"
- Alfred E. Newman
Alfred E. Newman on those worrying about the price of gold: "Most people don't act stupid: it's the real thing!"
What's wrong with this picture?
Nothing!
What's wrong with this picture?
Nothing!
"...the U.S. government is, indeed, bankrupt, insofar as it will be unable to pay its creditors, who, in this context, are current and future generations to whom it has explicitly or implicitly promised future net payments of various kinds..." Professor L. Kotlikoff, for the U. S. Federal Reserve Bank of St. Louis. (July, 2006)
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