Originally posted by coalboy:
↑
We all know BS when we read or hear it but if you look at the fundamentals already mentioned and the technical setups for the past 45 years you will see that we are probably looking at a high for gold of around US$4500 and silver of around US$65 to US$70 . Time frame is unknown but more than likely within the next 3 years if not sooner. Let's check back then and see how we went . Suggest you also take the time to check out W.D.Gann's cyclical commodities calendar which has proven fairly accurate for the last 100+ years. It says that about every 90-95 years all of the commodities cycles of various durations and highs and lows coincide . The last time that this happened was in the early 1930's and guess what was done to try to rectify the global financial problems ? Widespread TARIFFS were introduced which effectively tipped the global economy over the edge from a global recession into a depression. Tariffs are effectively a type of financial warfare between countries . We all know what happened next in the 1930's. These geopolitical tensions provide the perfect environment for dictators to rise to the top . These things unfold over years however there are stark similarities imo between the world climate then and now .
Expand
we are probably looking at a high for gold of around US$4500 and silver of around US$65 to US$70 . Time frame is unknown ============ "Time frame is unknown"... sounds like all those gold and silver salesmen you guys watch on Youtube. Do you know of any rich 'stackers'?