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August 13, 2010 / Jeb

Gold Provides Safe Haven During Time of Crisis

Several weeks ago I wrote about the death cross phenomenon.  The death cross occurs when the 50 day moving average crosses the 200 day moving average on the downside.  These patterns, when combined with other technical indicators can predict major market downturns.  You may have read articles from the bullish camp and from many technicians contending that the death cross is not a proven or a contrary indicator.  I however assert that this warning indicator prevented many wise investors who heeded its signal from losing their life savings in 2008.

Read the full article for free here…!

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