Yep ...read that .... interestingly they reckon that once gold hits $500 it could then correct to test its 65 week M.A. at $427 and STILL have its major uptrend intact.
One needs to take a long term view of how this gold bull market will unfold.
We are getting to an increasingly volatile stage where, once past $500 the POG could really escalate towards its all time high.
Picking tops and troughs is becoming more difficult and the danger is that, if you get it wrong one could be frozen out of a big upmove.
IMO ... best to hang in there for the long haul and ignore the speed bumps along the way.
