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Friday, February 08, 2008
GOLD triggers fresh BUY
 
Technical indicators show a fresh buy for gold today. This was a very week down cycle! I expect gold prices to explode upward over the balance of February to perhaps over $1,000.00 per ounce. Platinum prices have exceeded $1,850.00. Gold and Platinum prices are typically withing around $150.00 of one another and Platinum is expected to get to over $2,000.00 per ounce. Silver may lead the charge on this run.

STOCKS - Last week both the Dow Jones Industrials and S&P 500 gave the biggest sell of all. Every major indicator short term, mid term and long term indicator broke to the downside and triggered what has reliably been a multi year trend, in this case a bear market for stocks.

OIL - Oil prices exploded up over $3.00 a barrel and triggered a fresh new buy and should put it on a course to go to over $100.00 a barrel.

We have acquired a multi-million dollar inventory of investment grade coins this week due to all of the above. Don't wait, BUY Gold today.

JMC
 
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