Gold is getting ready to make it’s run...
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Topic: Gold is getting ready to make it’s run...
Posted By: Superglide Ken
Subject: Gold is getting ready to make it’s run...
Date Posted: 11/August/2005 at 3:19pm
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Well, it is finally time. After failing to break out decisivly above $450/oz last fall, the technical and fundimentals are in place to do it this time. Oil is the trigger here.The inflationary implications of what $90 oil will do to the economy mean that $500 gold will likely be here by next month sometime, followed by the run to $850 gold by Christmas.Not saying you will see a 850 price by christmas, but the trend that will take it there will be firmly in place by then, and the top will happen within a few months of that time.IMO of course. ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Replies:
Posted By: doug
Date Posted: 11/August/2005 at 6:52pm
SGK must be looking inot his teflon ball again? ------------- Just My opinion |
Posted By: Superglide Ken
Date Posted: 12/August/2005 at 12:26am
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No Doug, I still use a glass one. Teflon is too hard to see thru. ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |