Early this year we suggested a 50% rise in Gold to $1860 - $1,920 into mid-year (see here). Now, we see the Gold tsunami will realizing an approximate 100% rise that will crest at $3,000+ into the middle of 2012, drowning any doubters in its wake. Below are a number of factors that support that view:...more
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It's all in Interest Rate Expectations - I am referring to the gold price in the above title. By that I mean, whatever market participants think as to when the Fed is going to make the first move ...
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Wednesday, 7 December 2011
Gold Tsunami: on the Cusp of $3,000+?
The story of the developing gold tsunami will be remembered as the Paper Currency inflation gains speed and volume driving the price of Gold into the next more parabolic leg on the chart as the dollar devaluation accelerates in an attempt to deflate away the massive debts world-wide.
Early this year we suggested a 50% rise in Gold to $1860 - $1,920 into mid-year (see here). Now, we see the Gold tsunami will realizing an approximate 100% rise that will crest at $3,000+ into the middle of 2012, drowning any doubters in its wake. Below are a number of factors that support that view:...more
Early this year we suggested a 50% rise in Gold to $1860 - $1,920 into mid-year (see here). Now, we see the Gold tsunami will realizing an approximate 100% rise that will crest at $3,000+ into the middle of 2012, drowning any doubters in its wake. Below are a number of factors that support that view:...more
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_bpoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_bpoz_2.gif)