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Friday, December 04, 2009
Expect sharp pull back in gold
 
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.

James Carrillo
877-703-2193 - Toll Free 
 
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