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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST

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To: Tom Byron who wrote (8547)3/19/1998 7:33:00 PM
From: bobby beara  Read Replies (4) of 116760
 
Tom, my crystal ball sez we bounce to 320-30 to make a mirror image channel break:
the-privateer.com
and then a big sell-off to 240-250 area.

Just don't look down -g-

I did an elliot wave count that showed this, but I'll have to dig it out and go back over the dates and numbers.

I think the dollar will zoom and bonds will bounce off the upper trendline sending gold back in the tank (just so we can buy it back cheaper again - ain't God good!) as the bull equity & bond market makes a panic buying blow-off that sucks up every last bit of that fiat. Then that fiat goes in the shop for a replacement (hint look under the pyramid on the back of the dollar bill)

bwdik
bobby
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