As i indicated in numerous posts, the first target gold price of $1650/oz is now on the horizon. Next target price is $1724/oz....we might have a consolidation level at $1625/oz or we won't...the shorts are being squeezed and are capitulating.
It certainly feels like we are on the cusp of the start of the mania stage in gold bullion and gold stocks. As the funds start buying in and going long, we will have major movement by the secondary investors and general public.
Invest wisely and brace yourselves gentlemen.
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