GOLD 0.51% $1,391.7 gold futures

gold could be set for a "spectacular" rise ...

  1. 24,765 Posts.
    "...we appear to be right on the doorstep of the next major uptrend in gold, silver and the PM sector, which promises to be really big, like the late 70’s only a lot more spectacular. Rising interest rates won’t stop it – on the contrary rising rates will feed it just as in the late 70’s because rising rates won’t attract people to bonds if their price is collapsing. Most investors will miss out on it, as usual, as a result of being burned by the preceding correction, and worries about that downtrend continuing, played up by the still negative media. They will turn up in droves many months down the road when prices will be much higher."

    The full read of "Gold Market Update" accompanied with nine charts is at http://news.goldseek.com/CliveMaund/1376402580.php
 
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