King River Resources Ltd T.KRR.W

Gold is up 4.95% since the closing of 1829$ dec 31st

[Farquar]

Gold has gotten a little frothy and severely overbought, we needed a correction, we need the price to go down to attract new buyers , the US dollar is looking too attractive here, the spike in treasury yields has put a damper on gold which pays no dividends, traders are still mulling over whether they can eat gold or not, traders are preferring the safe haven appeal of the US dollar in these uncertain times..etc.etc.etc.....We've heard all this BS over and over and over again by countless financial analysts ....It's an absolute insult to our intelligence....There are 100's of things, thousands of things/commodities/real assets that have gone up 50%, 100%, 200% , but apparently nobody seemed to have received the memo about how after these assets initially had gone up 10% that they were severely over-bought and should have corrected for several months!! Instead all the buyers of these assets just kept buying and buying and the sellers just would not sell until the prices were much higher..Didn't these $$^%$& traders know that the #$$%%% RSI indicators were screaming that their particular commodity was severely over-bought? Why is it that the only traders in the whole world who follow such technical analyses like RSI's and bollinger bands etc.etc. are gold and silver traders? Because the gold and silver markets are rigged!! That's why.....The markets are a joke....