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<p>[QUOTE=&quot;passantgardant, post: 1147404, member: 30033&quot;]I started much earlier at around $4.75/oz, but it doesn&#039;t seem like such a big difference from $14 up at the current lofty heights.&nbsp; This is what I&#039;ve been telling people for a long time.&nbsp; When I organized a large bulk purchase among several friends and family last year at $17, I told them it won&#039;t matter if we buy at $16, $17, or $18.&nbsp; These differences will seem insignificant when the price goes to $40, $60, or $100.&nbsp; I agree that you won&#039;t see $14 again in your lifetime.&nbsp; The current support on the exponential trend line is <a href="http://passantgardant.com/component/content/article/43-charts/50-exponential-trend-passes-test.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://passantgardant.com/component/content/article/43-charts/50-exponential-trend-passes-test.html" rel="nofollow">around $25</a>.&nbsp; It advances to $30 by the end of 2011 and $60 by the end of 2012.&nbsp; I do think we will see an intermediate top sometime later this spring in the $45-$50 range.&nbsp; I wouldn&#039;t unload any physical at that level, but if you&#039;re trading ETFs, stocks, or options, I would lighten up at that point and buy again during the summer when they <a href="http://passantgardant.com/blog/62-gold-hugs-exponential-trend" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://passantgardant.com/blog/62-gold-hugs-exponential-trend" rel="nofollow">drop back to their trend lines</a>.[/QUOTE]</p><p><br /></p>

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