Looking for Answers?

I am not and I am not going to waste my time over the weekend to explain what is going on in the GOLD market. If you have been reading what I have been saying the past few months on a day to day basis, you should now what is going on or you think I have no idea what I am talking about. Many have been made to look like fools when trying to forecast the markets as of late, especially Gold and Silver, I feel terrible but at the same time I have to laugh at how blatant that takedown in GOLD was on Friday.

I for one, did NOT think Gold was going to break below $1625 and I certainly did NOT think Gold would breach $1525. As you may have noted, I have devoted most of my writings on Gold for several weeks now because I truly believed we were at levels never to seen again for many, many years to come. Obviously I am wrong and am extremely disappointed but I am still alive and will be around to enjoy the bull market in GOLD when it turns around and it will go to much higher levels, that I am pretty sure of!

There have been calls for Gold to go lower and I thought they were crazy. Gold in the 1200's? Maybe, all we can do is watch and be ready for when it does bottom!

I really did not feel like writing, but I did not write yesterday and I want my readers to know how I really feel- miserable at the moment but I am confident that GOLD has not seen its best days by any means. Did you notice how US stocks finished basically unchanged in the final hour of trading to end the week and how Gold was pummeled another $25 to finish down $85 for the day? But maybe the INVISIBLE HAND does not exist! The thing I fear most is when this game ends, is that we as a country have no idea what is in store for our future. Many people are struggling now, what is it going to be like in 5 years, 10 years?

Enjoy the weekend and forget about the BS markets. Get out and do something you like, treat yourself!

Thanks
Martin