Loading ...I have a 20 yr chart on the $indu/Dow. It has been remarkably accurate. That is why I posted the Primary Bear Market Phases…We are now well into stage 2. Now, just about every chart that I do has to be customized …except when I applied the same 20 year chart to $ Gold it fit in beautifully!!!!
What it is saying is that $Gold is dragging right along a major bottom. Not there yet but, I can’t believe that the Gold bottom is later then the first have of 2016. That alone does not preclude a smash down to $1000 or lower in the here and now. The bargains in the miners will put the 10 bagger rule to shame, imo. However, now is now, and the Silver charts cry out to me to hold onto puts.