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China announces they are buying 80B in gold! That's 2 Fort knox's!
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<p>[QUOTE="Yankee, post: 617115, member: 18618"]<font face="Arial"><i>I have a great deal of certainty that both Martin Armstrong and Alf Fields are going to be proven 100% correct in their predictions that gold finds or has found its low in this month to be followed by a dynamic move to the upside. This move will not be modest by any means, but rather the most vigorous move we have experienced so far in this Gold bull market. Attend to completing whatever you wish to do in the next few coming days. Watch your simple trend lines very carefully this time because sales at $1000 will be wrong. The glib saying of "Sell in May and go away" will separate you from terrific gains this time around. </i></font></p><p><font face="Arial"><i><br /></i></font></p><p><font face="Arial"><i></i>The least I can take away from this is that he feels $1000 is coming before summer is out. We could get a low of $890-$918 within the week and spend a number of weeks chopping slowly upwards for a stronger move in July. I'm watching the charts and still no positive confirmation of a definitive pog bottom yet even though a number of the indicators are in bottom territory. If the dollar moves up strongly and flattens the stock market, I don't see how gold miners can avoid correcting as well. </font>[/QUOTE]</p><p><br /></p>
[QUOTE="Yankee, post: 617115, member: 18618"][FONT=Arial][I]I have a great deal of certainty that both Martin Armstrong and Alf Fields are going to be proven 100% correct in their predictions that gold finds or has found its low in this month to be followed by a dynamic move to the upside. This move will not be modest by any means, but rather the most vigorous move we have experienced so far in this Gold bull market. Attend to completing whatever you wish to do in the next few coming days. Watch your simple trend lines very carefully this time because sales at $1000 will be wrong. The glib saying of "Sell in May and go away" will separate you from terrific gains this time around. [/I]The least I can take away from this is that he feels $1000 is coming before summer is out. We could get a low of $890-$918 within the week and spend a number of weeks chopping slowly upwards for a stronger move in July. I'm watching the charts and still no positive confirmation of a definitive pog bottom yet even though a number of the indicators are in bottom territory. If the dollar moves up strongly and flattens the stock market, I don't see how gold miners can avoid correcting as well. [/FONT][/QUOTE]
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China announces they are buying 80B in gold! That's 2 Fort knox's!
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