Silver and Gold Updates:

Gold is still in a climbing price trend as seen using the Golden Line of Intention on the 6-month chart below.

With $75-$100 pull-backs along the way, this market is best entered (in my opinion) when prices are approaching the Golden Line of Intention.

That Line approximates what the really huge money invested in this Market is expecting for TREND and rate of return for themselves.

News articles and hype media are unreliable except as indicators of the completely WRONG places to enter or exit historically.

Wall Street hates Gold as it's only manipulatible through the futures markets and that's too thin a market for multi-billionaires to pillage without escaping notice (although Banks have been doing their usual stellar job creating a non-reality based Gold pricing structure through Gold Leasing contracts).

At any rate, the up trend continues for Gold prices and also for Silver (see below).

We'll take a look at the Euro and some other markets over the next few days to see what is brewing out there in the chaos.

There's always something afoot as the same Market Players are out there and they can't stop themselves.

Habits die hard even in economic chaos times.

However, the big players habit patterns are  discernable we believe and we might just get the clues we need to "read" the real news of the day using charts instead of slanted headlines and media hype.

Stay tuned in. -George

 TAGS: Gold Prices, Gold price trends, gold, silver, silver prices, silver price trends, golden line of intention, gold price patterns, silver price patterns