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Message: Elliott Wave Points To SHOCKING Countertrend in Gold
http://www.theaureport.com/pub/na/16398We've been forecasting these waves of optimism and pessimism as they've been unfolding to the downside in gold. For the first time in three years, we were able to count a complete declining Elliott Wave pattern from gold's 2011 high. That's why we issued a combined interim report from our two main newsletters, The Elliott Wave Theorist, written by Robert Prechter, and The Elliott Wave Financial Forecast, which I write with my partner, Peter Kendall. This was only the second combined interim report that we've put out in our history. We did it because we saw extremes in sentiment that suggested to us the start of an impending gold rally. I think that rally is in its very infancy right now. Ultimately, it's going to carry gold higher. I think gold has upside potential from here.
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