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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (9670)4/12/2003 6:53:05 PM
From: Claude Cormier  Read Replies (1) | Respond to of 39344
 
CD,

On the contrary, the EWT guys see gold in an rally over the short term. The bearish posture is on an intermediate basis.

As for their theory, I can only say what I have observed over the last few years I've been watchin them. They have been worng in the past and will be again.

I am on the side that gold will not make new lows and will head to new all time highs before the end of the decade. But I do not share the optimism of thos who think the bull market is on and gold will make $400 this year. I have this event in 2004-2005.