gold heading to the $1500's, page-94

danhoff, if you are overweight gold miners then you may need to steady yourself for slot more pain.
I have been warning for weeks that based upon cycles and set ups in the USD chart, GDX chart and large global mining conglomerates that we were on the verge of a major collapse.

The latest from Jeff Kern:

"Last week’s decline yielded the very bearish short-term and intermediate-term alternative because USERX has dropped below the 3/20/12 663 index buy signal. USERX is below ALL of the SKI indices for the first time in a decade and the last known index, the 884 index, is currently exactly in the process of plunging down to the 2008 low at USERX $7-$8. Folks, the gold stocks have reached the point of producing nausea in the pits of current investors’ stomachs (and Jeff’s), but the capitulation decline could still (easily) have just begun. That means another large drop over the next month"