Gold made an ABCD against previously posted bearish area.

O'Bummer is supposed to start talking soon, but I see nothing so far on TV.

They are making it look ready to explode again. I wonder why...

Man, listening to O'Bummer tout how wonderful Bern-Qwacke is, how respected and admired he is, with him at one side, and Old Yeller on his other side, and soon he'll start on how wonderful Old Yeller is, wow, this is sickening. Truly and utterly sickening.

Sitting around watching paint dry, and looking at some articles. Here's one that at first seems 'off topic', but then one sees it isn't. Given my experience with my own health issues, one thing I can say is this. You think I'm cynical and discouraged with how they handled our economy, that's nothing compared to my view and experiences with 'Western medicine'. I think Bern-Qwacke and O'Bummer are saints compared to what I've been through with doctors.

So, the parallels with how indoctrinated they are, and tied in with big pharma (in the U.S. there is only one treatment for everything, period, and that's pills), and how everything in this country is about indoctrination and big company's profits, this article is the same old same old, just a different venue. I cry for our country, or should I say for the country I thought we used to have (but it probably never really existed, it was just an illusion that is now no longer in effect).

http://www.theburningplatform.com/2013/10/09/akron-childrens-hospital-kills-children/

I wonder why indeed...

Originally posted by jimkane

They are making it look ready to explode again. I wonder why...

See the pattern in this that I keep making comments about when I see this? It's remarkable, to me.

Wow, what a finish.

So, unless they come up with a resolution (it seems a patch could come any time now), this seems destined to head to that key TL at 1620 area, then down to that 1590 area ASAP. Sure, it may 'base' in here and rise, but if today was all it has, it's in big trouble.

Possible DT ABCD Daily GBPJPY . Can we not upload images anymore, or did I miss something?

You should be able to, Duane. What happens when you try?

Interesting article, but I'm mostly posting it as a reference for this one quote.

"Iceland went through a similar deflationary event to that risked in the US today when its banking system collapsed and the currency halved overnight."

Now, wait, during a deflation their currency got cut in half? No, hold up, wait, all I've ever heard is that during a deflation cash is king, it's super rare, and its buying power increases. Yeah, uh-huh, that's what really happens in the real world. My money gets me more stuff. Uh-huh. Deflation and less buying power. Makes sense.

http://www.zerohedge.com/news/2013-10-12/gold-debt-ceiling-and-fed