Happy new year

Happy new year!

two link

$35 Silver?
http://www.youtube.com/watch?v=rp0ExxDafrE&feature=youtube_gdata
interesting elaboration on oil and silver

20MW Lithium-Ion Battery Storage System For New York
http://www.energymatters.com.au/index.php?main_page=news_article&article_id=1253

MySQL storage engines comparison, include TokuDB and PBXT [Non finance article]

Non financial article made from me:
MySQL storage engines comparison, include TokuDB and PBXT

I finally read Philip Reeve's "Mortal Engines":

Book is really really good,
English copy can be find on Amazon here:
http://www.amazon.com/Mortal-Engines-Hungry-City-Chronicles/dp/0060082097/ref=sr_1_1?ie=UTF8&qid=1293448159&sr=8-1

Merry XMas

Merry Christmas!
Весела Коледа!
Feliz Navidad!
Bonne Noel! 

Gold 8h

I expected the gold to rise to middle blue line, it currently found support at the brown line, but it may still fall to the bottom blue support.

On the upside, there is a triangle that may be broken soon. If broken price may go crazy to ~1480 or even bit more.

Videos

Jim Rogers on UK


Test Driving a Renault Fluence Gen2 electric car in Paris!

Ben Bernanke, Jon Stewart, Money Printing...

The Daily Show With Jon Stewart	Mon - Thurs 11p / 10c
The Big Bank Theory
www.thedailyshow.com
Daily Show Full Episodes Political Humor The Daily Show on Facebook

Gold - updated channel

Gold 4h

The brown channel we looking it was broken. Here is what looks to be the updated channel - in pink.

Gold - buying on a dip

Hopefully now gold will once again rise :-)

Gold charts

Gold 1 day

There is no real change here, price target is very high - @ 1,470's.

Gold 4h

On 4h chart we see how the short term blue channel is broken (it is parallel to the blue channel in the daily chart), and currently the brown channel is in play. Target there is in low 1,430's. After that we will see "small" correction to 1,400's (currently is ~1,404). The "upper" blue line may act as support too, but at the time of the correction I believe it will be "lower" that the brown line (current projection is ~1,405).

Bernanke Is 100% Sure

Click here:
http://www.financialsense.com/node/3312?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+fso+%28Financial+Sense%29&utm_content=Google+Reader&utm_term=FSO

Gold Analysis and Strategy 4th of December 2010

click here:
http://www.safehaven.com/article/19217/gold-analysis-and-strategy-4th-of-december-2010?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+safehaven%2Fall-articles+%28Safehaven+-+Most+Recent+Articles%29&utm_content=Google+Reader

Bernanke On 60 Minutes

EURo

There are interesting development in the EURo. 4h chart is bearish, but 1 day chart is bullish.
At the beginning we will see fall to brown line (on the daily chart), then we may or may not see rise of the EUR/USD.

Gold chart and so called H&S

First about so called H&S - Gold raised to 1396.60. This invalidate the H&S formation, because left peak was only to low 1380 area.

Currently the blue channel is in play. There are additional smaller channel in brown.

However, I am certain than those channels will be broken and price will go higher than the channel top, but there are no technical evidences for this scenario.