POG up $35 in 3 days. Now $1295.
I have just listened to someone who produces a gold newsletter, subscription price $20000 pa, say gold has started its 3rd and last 7 year bull run of the giant gold cycle.
Prior to FOMC, he expected the price to keep moving higher after FOMC then pullback in July and then go ballistic and go to $2k before the end of the year.
Yep, thought he was in fairyland but while every newsletter is expecting gold to fade he was anticipating a significant rise in June.
And if he can sell his newsletter for that much then someone must believe in him.
Please don't shoot the messenger, but thought best to mention it.
Source: www.gold2020forecast.com
I would give a more specific reference but I cannot work out how to copy and paste on my Nexus in this post message screen.
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