The former Wildcat Exploration Ltd HUB On AGORACOM

The company is now known as FUSE Cobalt.

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Message: Gold consolidation

Gold consolidation

posted on Jan 15, 2010 07:02PM

Go to kitco and check out the 5 year gold relative to currancy and the US dollar price... The tren is your friend... Consolidation has been in the works for a few months and the trend is still in tack. It is the relative valuation of the US dollar which has masked the true trend in one's own currancy. Goto the bottom of the page... click on a currancy.... chart will come up... then click on 5 year chart.. Very enlightening as to consolidation relative to other currancies.

IE is it the right time for you to buy gold... that is relative to where your currancy is relative to the US dollar. Gives great insight if large gold buyers will be buying or selling their gold... so far that trend is looking good for continued suport via gold purchases.

http://www.kitco.com/

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