Highest Weekly Close Ever

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Puzzleman

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Highest Weekly Close Ever

posted on Sep 11, 2009 04:30PM

From Dan Norcini:

I should point out that today’s close is the HIGHEST WEEKLY CLOSE ever for gold. Prior to this week, it managed to poke through the $1,000 level on more than one occasion but was never able to CLOSE above $1,000 at the end of those particular weeks. Technically, this is bad news for the perma bears.

Gold registers the highest weekly close ever and the gold mining stocks (juniors in particular) are trading at maybe 1/4 their former highs. Now that only makes sense if they (they being the mining stocks, of course) have been deliberately and systematically sabatoged.