Interesting technical note on PMs, page-3

Very interesting points here @goldbear77. Thanks for posting.

"If you understand how the US Fed and global central banks are pumped “ether” into the markets (in the form of capital and QE functions) in an effort to support the capital markets and financial sector, then you understand the current market environment is very unique. The only other time we’ve seen anything like this is in early 1976 through 1981 when the capital markets were suddenly awash in credit and precious metals rallied more than 700%...........................

The next rally in Gold will likely target the $1850 level. Beyond that, the subsequent rally will likely target the $1950 to $2100 level – well beyond the previous all-time high level. We believe the Q2 and Q3 data could be very reminiscent of 1973 through 1975 market action – with GDP contraction, earnings/revenue contraction, and a slower recovery process. If this is the case, then Gold will likely rally to levels far above $5000 as traders rush to safety.

This is really just the start of the potential rally in Gold and Silver."