The Great Depression

  • Benjamin Roth: The Great Depression: A Diary

    Benjamin Roth: The Great Depression: A Diary
    It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

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« Past is Prologue, Revisiting the Social Mood of 1968-1974 All Over Again, Monthly Gold | Main | Flash Crash Potential Increases »

April 18, 2013

Comments

Farley

The $GOLD Technicals were (intentionally or accidentally)-Decimated to below its 200-Week-LOW-Moving-Average-(now resistance)=1406.

SO Current-$GOLD=1391 needs to move back up and through 1406 for 1406 to become support.

OTHERWISE

I see a Current-365-Week-LOW-Moving-Avg=1110 as a Significant-Line-n-the-Sand.

$SILVER=23.24 and it's Current-365-Week-LOW-Moving-Avg isn't as bad coming in at $20.10.

AND

The FED did say they needed 7-Years to get some $GOLD back to Germany.

Perhaps they really are Out-o-$GOLD and looking for The-Cheap-Stuff ???

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