Either we are going to get a sharp pullback in gold over the next few weeks
or the world is about to melt down completely. My experience tells me the
former is most likely. I have a cyclical low scheduled for gold on
December 16th. Based on how over bought gold is and how much the news is
jumping on the gold bandwagon I believe gold is due for a very sharp
correction.
This dip should be bought, my target remains
$1,250.00 - $1,300.00 in the first quarter of 2010 and much higher in the
years to come.
If you have any questions feel free to call me
at any time.
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