Trade the Cycles

Friday, December 07, 2007

India's Gold Imports Tumble 80% Year-On-Year

See http://www.resourceinvestor.com/pebble.asp?relid=38577. Think any of the cowardly misguided gold "gurus" will mention this fact or HUI's downtrend since 11-7-07? Most gold "gurus" are really cowardly misguided promotors, who have their own best interests in mind, not yours.

HUI/XAU's Wave 2 Cyclical Bear Market basically began 5-11-06, see charts 7 and 9 at http://www.joefrocks.com/GoldStockCharts.html. The primary Secular Bull Market trendlines since late 2000 are at 210-230 for HUI and at 90-95 for the XAU. Those are the targets for where the Wave 2 Cyclical Bear Market will bottom. ....... http://www.JoeFRocks.com/ .

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