Sir JW ... Very Very Nice to see your post my good friend.
I'm in total agreement with the trajectory of the GOLD price, When it arrives at the Targets is hard to say. I see 1200 or a little higher in the near future. I don't have the GOLD Ticker so this is as close as I can get for LT Charts.
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The XAU looks a lot better than the HUI .. it's a component mix that includes "EGO".
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Some have been harping about some kind of Head and Shoulder Formation in the HUI and it looks fairly close to the same as the XAU. I've been calling it a FAUX H&S because the Volume didn't fit the criteria. But now that I step back and Look again I think I may be able to see what they were talking about. I wonder if they had their charts UpSide Down or something .. Anyway .. Here's the LT XAU Chart.
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>>It's been a long time my Friend, Amati was 12 years ago and the world has changed.<<
You can say that again .. but between U and I and the rest of SI .. I'm Happy that we are here to share yet another Mega Trend or Paradigm Shift.
Since we have the BANDWIDTH today that we so Screamed for in those Early Years .. Here's a Little Video Tune to Chart Gaze by. :)
Cheers !!!
Ray
youtube.com
"How Is It (We Are Here)"
How is it we are here, on this path we walk,
In this world of pointless fear, filled with empty talk,
Descending from the apes as scientist-priests all think,
Will they save us in the end, we're trembling on the brink.
Men's mighty mine-machines digging in the ground,
Stealing rare minerals where they can be found.
Concrete caves with iron doors, bury it again,
While a starving frightened world fills the sea with grain.
Her love is like a fire burning inside,
Her love is so much higher it can't be denied,
She sends us her glory, it's always been there,
Her love's all around us, it's there for you and me to share.
Men's mighty mine-machines digging in the ground,
Stealing rare minerals where they can be found.
Concrete caves with iron doors, bury it again,
While a starving frightened world fills the sea with grain.
How is it we are here
How is it we are here
How is it we are here
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