"I am one of those who do not believe the national debt is a national blessing...it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country."
—Andrew Jackson, letter, April 26, 1824
Monday, December 21, 2009
Gold Futures And The Channel
Expect consolidation at the green and yellow support lines. I may be a buyer at the yellow line near 1066. The 38% retracement off of the 809 futures low in January. Definitely on any break of the upper channel line.