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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Sunday 24 January 2010

gold update


It would have been right to sell gold on 13/01 but it is always dangerous to sell a bull market.There is some support at 1080 and I would protect shorts with a stoploss.I suspect gold will trade down to the 1025 area.

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