Cyclist's last few comments. He has been calling for a low on the 24th for some time!!!

Mentioned that we moving between 940 and 900 band ,the moves are expected to be violent.This is the low end of the band.They are shaking the tree hard,gold acts stubborn here,so let it be.Turn date 24



Relative strength oil versus gold is making a turn around today.Turn date and the low for gold projects a stronger price action over oil.

Don't rely on the EURO for the price of gold,gold willmove independent.Right now the physical is on sale ,the higher gold goes more mines will be subject to nationalisation.However XAU is resting on support now,bought some YRI again as it bounced from its 13 dollars new support


The bottom for the miners might very well today ,with relative strength going to be favorably to gold versus oil,the cost will come down percentage wise.Certain stocks,with good balance sheets , have been mauled this time.It looks better than any other time to get in today