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FSN: Gut Bomb

Thursday, August 16, 2012 13:32
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(Before It's News)

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

from TF Metals Report

Having only just now recovered from an early morning trip to The Waffle House, I’m ready to tackle the day.

First up, it seems like it has been so long since I’ve:

  1. Made a short-term prediction
  2. Been right

That I feel compelled to tout this one:

Submitted by Turd Ferguson on August 15, 2012 – 7:50pm.

MODERATOR

Kinda gotten out of the habit of making short term predictions but here goes.

I think the metals look to move higher overnight/tomorrow. Crude is currently basing above the old double top at 94.25 and the grains are stronger, too. Eventually this will translate onto the short term metals charts that look increasingly positive. A move through the 100-day MA in gold (near 1612) would send price back toward 1620 and beyond.

Continue Reading at TFMetalsReport.com…



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