I have mentioned here repeatedly over the last 18 months or more that I believed that gold and silver would enter a final blow-off phase sometime in 2011 to complete the bull market in precious metals.
We are now almost exactly 30 years from the 1980 top in gold and silver. A 30 year commodity cycle was identified by WD Gann.
It is of NO conicidence that gold and silver are begining to acelerate upward and over the next few months that the price of both will in my opinion go parabolic.
It is also NO conicidence that the 30 year commodity cycle has coincided with QE 2.
Anybody on board gold,silver and the stocks at this point in time, will over the next few months see their personal wealth explode as I believe gold will top around 5K and silver around $150.
The following link provides further evidence that what is about to unfold is the one of the greatest bull market moves in history
http://goldstocksdaily.com/2010/11/18/there-are-1-2-years-left-in-the-gold-bull/
- Forums
- ASX - By Stock
- further evidence we are entering the blow-off
I have mentioned here repeatedly over the last 18 months or more...
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