But its nice to contemplate for a while.
"
Bill,
Look at Trader Dan's gold chart. Gold has nearly a perfect LOW five touch on bottom channel. Silver was on horizontal life support with a nice retest of 12.45$/oz. Gold just moved off of the bottom channel support from 890 to 930, for a 40$ move, JUST LIKE THAT. LETS ROCK!! Its time to stuff 1000/oz and leave it behind. Silver was on horizontal "life" support at 12.45, but it too jumped to 13$. When gold approaches 1000$ again on this move, silver makes its move to 16$/oz range, slicing through 14.50 resistance, in anticipated of all time gold highs. When Gold takes out 1000$/oz, silver will move back to 20$/oz. When Gold takes out 1200$/oz, silver moves to 26-28$/oz, possibly to 30$ on this move.
It is time to rock. We retested bottom support, a good thing, and this is the 3rd (5th including summer) run at 1000$. NOW IS THE TIME for the 1XXX$ gold handle, permanently. The up channel is actually increasing on the top, with an increasing period of corrections in diverging up wedge, meaning a run to $1100 now, and break out to the up side to 1200$/oz in April with silver sliding in late April at 30$/oz.
http://216.157.72.247/wp-content/upl...
Derrick