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Gold is getting ready to make it’s run... |
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Superglide Ken 
Grand Potentate 
SGK Joined: 17/March/2004 Location: Canada Status: Offline Points: 4868 |
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 Topic: Gold is getting ready to make it’s run...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.
Edited by Superglide Ken |
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Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs.
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doug
King of the One Liners 
Just My opinion Joined: 31/January/2004 Status: Offline Points: 32711 |
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Posted: 11/August/2005 at 6:52pm |
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SGK must be looking inot his teflon ball again?
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Just My opinion
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Superglide Ken
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SGK Joined: 17/March/2004 Location: Canada Status: Offline Points: 4868 |
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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.
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Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs.
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