Bear Flag in GLD/SLV : An Unbiased Examination

[Shami-Amourae]

Are Precious Metals currently in a Bear Flag formation? In other words is the price about to drop significantly after the recent rise? Probably not according to this:

http://www.youtube.com/watch?v=AEPoNgk1V9Q

Based on this video:

http://www.youtube.com/watch?v=sotckmf-G4M

[gunDriller]

i asked a local jeweler the same question a few weeks ago.

he said he expected prices to rise in the short term, and to fall later in the year.

since then we had the rise to $1420, and now it's doing what it's doing.


the Cartel is a group of people who are very good at what they do. as insiders they can run the markets up and down and make 3% here and 5% there, on the average once a week.

why would they stop ?


that the bullion banks are now net longs is one thing that is different.