Thursday, September 03, 2009

Possible Gold and Silver Breakaway Gaps

The recent gap ups in price on these gold and silver charts could very well be break away gaps, gaps destined not to get filled (prices going back down to the bottom of the gap before heading back up).

These charts include Thursday's gold and silver prices.

"You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not take from someone else. When half of the people get the idea they do not have to work because the other half is going to take care of them, and when the other half get the idea it does no good to work because someone else is going to get what they work for, that, my dear friend is the end of any nation. You can not multiply wealth by dividing it." … Adrian Rogers (1931-2005) Pastor of Bellevue Baptist Church, Memphis, Tennessee

The HUI index was up about 6% today and about 7% yesterday. The gold train is on the move again.

There is no rush like a gold rush!

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