Vince Lanci thinks that $1900 is on the cards by year end and that there is a potential "bloodbath" for stocks as a result of inadequate resolutions to the US deficit challenges...we're inclined to agree in general terms, but there aren't many weeks left in 2012 so January is looking more likely. What do you think?
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13/11/2012 04:40:43 am
Gold is right now at the moment of truth. Right now, it is still in a primary bull market in spite of the secondary reaction that started on 10/04/2012. However, in the last few days, it is setting up (together with silver) for a primary bear market signal. If the lows made on 11/02/2012 are violated a primary bear market signal would be signaled under Dow Theory. Leave a Reply. |
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