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Why Gold is Only Taking a Rest

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Mon, 05/16/2011 - 07:26 | 1278473 Marty Rothbard
Marty Rothbard's picture

Come on guys.  I really want to know why gold really is only taking a rest.

Sun, 05/15/2011 - 17:11 | 1277094 Zero Govt
Zero Govt's picture

heard of 'running on empty' but this article takes the biscuit!

Sun, 05/15/2011 - 14:56 | 1276689 Elmer Fudd
Elmer Fudd's picture

Oh no! Not the curse of the MHFT now shining on gold... Talk about a sell signal... 

Sun, 05/15/2011 - 12:21 | 1276281 Grand Supercycle
Grand Supercycle's picture

GOLD and SILVER daily and weekly charts are bearish and further downside is expected.

Silver chart posted April 28 warning what was ahead:

http://stockmarket618.wordpress.com/2011/04/27/thurs-april-28

Be careful folks.

Mon, 05/16/2011 - 01:51 | 1278278 Orly
Orly's picture

The Aussie dollar is the cue.  Watch for the turn-around when the AUDUSD pair reaches ~1.0466, then precious metals to nominal highs.

This is not the plunge you were looking for.

:D

Nice to hear from you again, Grand.  Stay in the game, eh?

Sun, 05/15/2011 - 12:15 | 1276243 Moe Howard
Moe Howard's picture

I agree with everything the author said, first time for me at ZeroHead. [new name in honor of the IMF]

Sun, 05/15/2011 - 12:00 | 1276193 Mec-sick-o
Mec-sick-o's picture

Wow!  I'm speechless, your words are loaded with truth.

Wait!  You're speechless, my words are loaded with truth.

Sun, 05/15/2011 - 12:49 | 1276379 Poofter Priest
Poofter Priest's picture

Speeches are loaded with truthless words.

Sun, 05/15/2011 - 12:09 | 1276232 Crisismode
Crisismode's picture

No, you're wordless, and your truth is loaded with speeches.

Sun, 05/15/2011 - 12:27 | 1276303 Mec-sick-o
Mec-sick-o's picture

Speeches are loaded, less words for truth.

Sun, 05/15/2011 - 11:49 | 1276157 DoChenRollingBearing
DoChenRollingBearing's picture

zzzzzzzz...

Sun, 05/15/2011 - 11:17 | 1276090 Long-John-Silver
Long-John-Silver's picture

Obvious statement needs no comment.

Sun, 05/15/2011 - 11:10 | 1276060 Captain Planet
Captain Planet's picture

I think thats the point....

remember, posting a headline on ZH that states the Golden Bull is taking a short nap is just preaching to the choir.

Need I say more?

Sun, 05/15/2011 - 11:35 | 1276129 oddjob
oddjob's picture

I will, MHFT was dissing Silver hard at $26, a day late and a dollar short as usual.

Sun, 05/15/2011 - 11:02 | 1276030 falak pema
falak pema's picture

MHFT has lost his mouthpiece...DSK is in jail...So its now silent movie time...You fill in your own script to the images!

Apparently Gold is not the only one taking a rest!

Sun, 05/15/2011 - 11:00 | 1276027 jstalin
jstalin's picture

I tweeted this.

Sun, 05/15/2011 - 10:49 | 1275997 Angelic Upstart
Angelic Upstart's picture

I'm lost for words.

Sun, 05/15/2011 - 10:46 | 1275985 achmachat
achmachat's picture

Anyone?
Bueller?

Sun, 05/15/2011 - 10:42 | 1275963 Reptil
Reptil's picture

42!

Sun, 05/15/2011 - 10:30 | 1275941 byukid
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I agree wholeheartedly!

 

Sun, 05/15/2011 - 10:15 | 1275912 Jendrzejczyk
Jendrzejczyk's picture

Your arguments are totally lacking any substance.

Sun, 05/15/2011 - 10:28 | 1275928 Urban Roman
Urban Roman's picture

That way you can't counter them, Czyk. It's the totally complete answer to life, the universe, and everything.

Sun, 05/15/2011 - 18:41 | 1277336 Jendrzejczyk
Jendrzejczyk's picture

"It's the totally complete answer to life, the universe, and everything."

Philosophy and religions are now obsolete.

All hail the Madhedgefundtrader.

Sun, 05/15/2011 - 19:10 | 1277400 Jendrzejczyk
Jendrzejczyk's picture

Apologies, but I've got nothing better to do tonight.....so

Sun, 05/15/2011 - 19:11 | 1277401 Jendrzejczyk
Jendrzejczyk's picture

Ahhhhh, Bach.

Sun, 05/15/2011 - 19:12 | 1277405 Jendrzejczyk
Jendrzejczyk's picture

220-221 whatever it takes.

Sun, 05/15/2011 - 19:16 | 1277407 Jendrzejczyk
Jendrzejczyk's picture

The sound of one hand clapping?

Sun, 05/15/2011 - 10:15 | 1275908 LowProfile
LowProfile's picture

...Best article by MHF yet! : p

Seriously, this came in my RSS feed, but there's no text, just the title.

Sun, 05/15/2011 - 10:52 | 1276005 LowProfile
LowProfile's picture

...Release the snark!

Sun, 05/15/2011 - 13:33 | 1276473 LowProfile
LowProfile's picture

Annnd...  It turns out he's an even bigger douche than I suspected.

http://stockmarket618.wordpress.com/2011/05/15/letter-to-john-thomas-mad...

 

Do NOT follow this link or you will be banned from the site!