Bab wrote "The POG is about $1026 just a couple of minutes ago, per CNBC (8:54 PST). Things financial are in a swirl!! "

You'll have noticed by now that $1026 is offering resistance. This is no coincidence as this figure is Sinclair's first upside target with a possible overshoot to $1060. If you're wondering how he got $1026, it is by drawing a set of parallels on a 30-year Gold chart connecting significant highs and lows. MRCI is a good source if you want to give it a shot with your drafting parallels.

Add 3% to that figure to arrive at $1060. If we overshoot $1060 on a sustained basis then hold onto your hats because we have arrived at the motherlode moment for a parabolic move in Gold that GWR1 wrote about earlier this evening. It will be a significant event as taking out $526ish + 3% which by Sinclair's assessment, set the Gold market into a runaway bull market. Nice to see Silver coming along for the ride as well in recognition as a store of value but it's lagging behind the POG.... for now.