GOLD 0.51% $1,391.7 gold futures

gold could be set for a "spectacular" rise ..., page-56

  1. 24,765 Posts.
    "This was an absolutely explosive and significant week in the metals and miners!

    As mentioned in last Sunday’s note, technical gold trader Gary Savage indicated a potential “1-2-3 Reversal” was forming in the miners. This week saw that pattern complete and confirm itself. Based on that confirmation, Gary now expects an explosive move higher over the next few months, in which gold should retest the September 2011 highs.

    In response, I published another interview with Gary yesterday, and he spoke to those points in further detail. To listen to that interview: click HERE...

    Another event of importance occurred this week, which was the mainstream news piling back into gold, silver, and the miners! This suggests smart money has finished accumulating, and is now getting ready to “promote their positions” to the general public. This may powerfully accelerate the upsurge in prices across the sector, which you can harness to your benefit!..."

    The full read with plenty of links to other information is at http://bullmarketthinking.com/gold-now-beginning-its-long-awaited-ascent/

    My comment:

    We are now in a market where for active players the strategy is to buy the bull market's minor corrections rather than be the first to sell to avoid a melt down imo.
 
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