Friday, January 8, 2010

Rare Technical Gold Formation

The Batman Top:



BTW: What this actually looks like, technically speaking, is a double-top. If it breaks Batman's neckline, not even the batmobile will be able to prevent a severe short-term drop in gold.

(ViaWSJ)

4 Comments:

At January 8, 2010 2:33 PM , Anonymous Matt M said...

Can't take credit for this one, but my buddy suggested it is the Bat Signal.

 
At January 10, 2010 12:26 PM , Blogger Taylor Conant said...

Gotham City needs a hero in its darkest hour...

 
At January 10, 2010 9:05 PM , Anonymous anliu said...

Mr. Wenzel, you have been calling for a gold correction/crash for the past three months; when gold neared the 1000 price level. In case you were busy partying with Mr Roubini, gold prices have now risen 20% since your oh so very succinct call.

 
At January 10, 2010 9:11 PM , Anonymous Anonymous said...

Do you realize how stupid gold is making you look from your repeated correction calls? Your calls on gold is the definition of madness.

 

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