Could we see gold rocket above $1,000 in the near future?
"The Fed's comment on the FAKE employment figures as a demonstration of economic strength has resulted in a deceleration of the dollar decline as improved business conditions would imply higher interest rates. The problem is that the employment figures as part of operation 'White Noise' are a statistically manufactured fabrication.
Gold is fighting the $751 to $761 area of supply, but will overcome this area and move above $1,000. All of what you are seeing now is funds powered by black boxes running amuck hither and yon with no significance at all. The time for zig-zag is over just as it was in the middle of 1979.
You may sell as a trading fiend, but one day soon gold will take off like a rocket to breach $1,000, most likely without you.
This is the real thing. Sell only if you have a defined need for the cash. Otherwise stand pat and ignore the daily madness."