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Dollar Vs. Gold - Get Ready!

03/05/08 - Gold has continued it's relentless climb upward and is now testing the $1,000 per ounce level.  Every pull back has been bought up quickly to new highs.  I call this a "crack run" where buyers are super fueled by something foreign which breaks normal rhythm and heads on a space shuttle mission to "Infinity and Beyond"!

If you don't know why gold is sky rocketing, and you haven't looked at the value of the U.S. dollar lately, then I implore you to take 60 seconds and call www.monex.com and order the free gold and silver DVDs from them, or stream them LIVE right now by clicking on the Gold and Silver links at the top right corner of this page.  You owe it to yourself, your loved ones and your literal future to get armed with knowledge - NOW!

(Prov 4:5 - 7 NIV)  Get wisdom, get understanding; do not forget my words or swerve from them.  Do not forsake wisdom, and she will protect you; love her, and she will watch over you.  Wisdom is supreme; therefore get wisdom. Though it cost all you have, get understanding.   

Let's look at the more powerful rocket ride - SILVER.  Silver has launched into a powerful move for 10 days - straight up without a rest.  It's all been green, green, green.  Silver has gained almost 20% in a little over 2 weeks!  WHY?  Get the DVDs - PERIOD!!

I have found myself begging God, like Samson did - for just one more opportunity to get in the move!  I don't buy up at the top.  I've been trained to buy wholesale.  Therefore, while I watch the space shuttle leave the pad and head off through the clouds, I am hopeful that I'll get a pullback to a sensible wholesale price.   

I'm watching the market for any sign of weakness.  This is why I've sent this newsletter to you.  Yesterday during trading, someone sold enough silver off to drop the price of silver from $22.00 to $16.67 in around 3 minutes time!!  Look at the candlestick that's got the deep red wick underneath.  That was all formed in a 3 minute period and in just a few trades, as someone sold up here in the nose bleed level.

This sell off caused a HANGING MAN CANDLE to form.  The Hanging man is a very powerful candle because it signifies the high, or the near high of a move.  A hanging man means that someone with some serious supply just dumped their supply because they felt that this was the top.  Look at the (DAILY CHART BELOW) to see the hanging man candle.

The SILVER weekly chart shows a very pronounced hanging man candle.  Please go to www.google.com and google "hanging man candle".  Read up on it from any and all candlestick authorities.  It is what it is!  This was the candle that called the NASDAQ high of 2000, just before a huge 3 year drop.  The hanging man candle was the one that called the S&P 500 highs of 7/18/07 and 10/10/07.   (Weekly Chart Below)

Is this the call for a top in the silver and gold market, right as gold is testing $1,000 and silver is testing $21.00?  I can't answer that.  But it's only fair that I tell you about the powerful "Hanging Man Candle".  I personally am hoping for a nice pullback so I can get in on this move!

SILVER:  Some analysts say that they believe it will hit $55 per ounce this year.  Some others are calling for $100 per ounce. Still others are saying that they believe it could surpass gold in value!!  WHY?  Get the DVDs from www.monex.com or stream them live from this site.  Share this site with your family, your loved ones, your church leaders and your friends!

PS  Did you know that you can trade 100 ounces of gold for around $900?  Did you know that you could trade 1,000 ounces of silver for around $1200?  Get education and training.  CLICK HERE

God bless you my friend!

Sincerely,


Dr. Daniel Daves

 

 

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