This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
My Dear Extended Family, Cycles are best understood as probabilities for directional movement. Those gold cycles that turned down at $1900 have now turned up with the price of gold now plumbing previous lows which are by definition major support. The price objective once this experience is over is $2100, and is where it will trade in time. I can only imagine what a deluge of emails this will bring from the Gold Internet Trolls. Respectfully yours,Jim (Sinclair)W