Take this with a grain of salt, maybe a big grain. One look at his past calls tells the story. Maybe his name should Bo Boloney.
Submitted by Bo Polny:
Dear Gold Friends,
From the New York Kitco Interview, Gold is to ‘rise in May/June and make a TOP in June before a final summer low’.
The forecast for a Top in June STANDS UNCHANGED!
Gold needed to touch and get through the Blue Line of Overhead Resistance as illustrated in the June 5, 2014 Gold chart
update and also on Page 2 below…it did Friday 6/13/2014! Continue to expect a MUCH higher price target this month!
Cycles precede all Events and the June 18, 2014 FOMC announcement is an Event and the current Gold Cycle is Up the
month of June into an Intermediate Cycle Top date that arrives after the FOMC announcement; therefore expect Gold
to continue its climb post-FOMC announcement. As a courtesy to subscribers, I have not posted the June Intermediate
Top date; but will post the date on the EXACT DAY THE TOP ARRIVES on the website. So continue to check back
throughout the month of June and the date of the June Cycle Top will be posted when that exact date arrives. This
coming June Cycle Top & Turn Date will be the Final Turn Date to be posted.
In Summary: Gold could move up slightly Tuesday June 17; however should remain range bound before the FOMC.
Cycle analysis clearly indicates the DIRECTION IS UP in June, then back DOWN into summer for a FINAL 2014
Low. Gold is set to Break-Out through the Blue Line of Overhead Resistance in June and as hard as it may be to NOT
buy the June Break-Out, Gold’s cycle is DOWN into summer; therefore the June Break-Out ends as a ‘False’ Break-
Out!
The June 28, 2013 Gold Bottom at $1180 will hold as THE FINAL BOTTOM; however following the expected June
Cycle Top and Turn Date, I will comment on the expected Summer Low price target range only. The expected Price target and Date is exclusive to subscribers.
The coming summer low will be the FINAL ENTRY LOW and the ‘Buy’ of a Lifetime followed by a Moon Shot to $2000 before year end!
My cycle work allowed me to called then Silver $49 top, the $1900 Gold top, the June 28, 2013 Gold BOTTOM within 2-
hours, the December 31, 2013 retest and higher low. The coming summer low will be the FINAL ENTRY LOW and the
‘Buy’ of a Lifetime followed by a Moon Shot to $2000 before year end!
Thank you,
Bo Polny
Legal & Disclaimer
The above represents the opinion and analysis of Mr. Polny, based on data available to him, at the time of writing. Mr. Polny’s opinions are his own, and are not a recommendation or an offer to buy or sell securities and/or commodities. Mr. Polny is an independent analyst who receives no compensation of any kind from any groups, individuals or corporations including JSmineset.com. As trading and investing in any financial markets may involve serious risk of loss, Mr. Polny recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although an experienced analyst, Mr. Polny is not a Registered Securities Advisor. Therefore Mr. Polny’s opinions on the markets, stocks and commodities are his own and can not be construed as a solicitation to buy and sell securities and/or commodities. |
