GOLD and SILVER will CRASH in OCTOBER - 20 Year Charts

[SilverSurfer]

OCTOBER OUTLOOK and 20 YEAR TREND:

Expect a 12% - 15% Decline in the Price of Silver and 8% to 10% Decline in Gold within the next 2 Weeks.

Good News is that you can Sell Now and Buy Back after Mid October, when Prices Bottom.

Don't repeat the same Mistakes you made during the MARCH to APRIL transition. Millions of $$$ were lost because too many failed to recognize the $8.50 Top with an RSI (Relative Strength Index) of over 70 like we have today.

"Despite the threat that some of yesterday's moves were month/quarter end manipulation, the market seems in general too happy to test higher.” wrote analyst James Moore at TheBullionDesk.com.

The relative strength index, a gauge of the momentum for the gold's gains or losses, rose to 68 yesterday. A reading above 70, which is derived from averaging advances or declines over 14 days, indicates that prices may be poised to fall.

SILVER (DEC) 10/01/2004:

Rising stochastics at overbought levels warrant some caution for bulls.

The 9-day RSI over 70 indicates the market is approaching overbought levels. The next area of resistance is around 704.3 and 711.7, while 1st support hits today at 683.4 and below there at 669.7.

Stop Loss orders are set very close to current price level because a sharp decline in price is due next week.

Two of the MONEX Brokers managing over $1 BILLION in Funds not Including Margin Leverage have confirmed that all their Big Players have placed Stop Loss Orders around $6.85 and most of them got in at $6.06 to $6.20 just 2 weeks ago.

They also said that they are selling off their positions and plan on Shorting the Market starting Monday during the First Week of October.

A quick Kitco Chart Review will show that an Early October sell off has been the
Established Trend for past 20 Years and has occured the last 7 consecutive years.




















Email your Friends, don't let the SHORTS run away with our PROFITS!!!

[mahatmakanejeeves]

1. what part of this isn't spam?

.

[Moderator]

2. I'm locking this thread

reason : It's SPAM