Ann: Investor Presentation - February 2016, page-170

Last week Gold jumped vertically into a new 2016 high at $1263. Since the end of January Gold has had 10- consecutive days up and currently Gold has pulled back down off last week’s highs for the past 2-days. A price pullback in completely normal, especially after 10-days up. Most important, notice on last week’s price jump the last two (500 & 600) resistance line broke and now ALL daily resistance lines are broken. Also, the October high at $1190 (dashed black line) broke on the price jump last week and is now expected to serve as SUPPORT. Gold landed exactly on the SUPPORT line and bounced back up. The current price rally is far from over as many believe; in fact this rally is just getting started! Much bigger price jumps are still expected.

If you are waiting to see a gentle slow rise as the Bull Market slowly unfolds allowing EVERYONE the opportunity to get in and buy Gold and Silver; good luck because that is never going to happen. The price explosion has begun and now expect each price rise to be more violent and sudden than the previous price rise, including sudden sharp price reversals after any sizable price jump.