Herr Dr. Pigeon;
I went back to take a good look of gold market for the last while.
Gold is testing that first leg which is the bottom and then the second leg will kick off and then this time it has to break that $300 mark and fly over in free sky and then inflation business cycle will kick in AND Dow plumb into 5,000, Nasdaq into, 2,000.
Having said that, this will take time, it will not happen overnight.
For sure though, IN April,2,000 this year, Dow plunged more 600 points on a single day, these last while is exactly a bear rally. Gold is a bull but still has to test that first leg and form 2nd leg and will kick it big leg big time.
John Paquet |
