Historical charts give gold a 5K price target

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Debbie Downer
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Historical charts give gold a 5K price target

From Mike Maloney's website

http://goldsilver.com/news/calculating-correlations-and-plotting-the-price-charts-for-gold-headed-to-5000/?utm_medium=email&utm_campaign=6+-+28+-+2011+-+GS+-+Weekly+Newsletter&utm_content=6+-+28+-+2011+-+GS+-+Weekly+Newsletter+CID_31273de32a4e0f9d1f86e0101b4dbe15&utm_source=Webmail+Marketing&utm_term=Calculating+correlations++plotting+the+price+charts+for+Gold+headed+to+5000

Edited by admin on 11/08/2014 - 06:31
Dr G
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Very interesting stuff and a

Very interesting stuff and a fun read. Turd posted this yesterday on the front page with this link:  http://www.gold-eagle.com/editorials_08/weytjens062411.html

smcsmc
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We've got to get past $1550

We've got to get past $1550 first. Powerful forces are intent on holding the price down for as long as they can. But when this price suppression scheme fails, it will fail spectacularly.

Dr G
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Agreed

smcsmc wrote:

We've got to get past $1550 first. Powerful forces are intent on holding the price down for as long as they can. But when this price suppression scheme fails, it will fail spectacularly.

Agreed, and I believe that it WILL be unlike any price movement we've ever seen. $4-5/day for Ag and probably $40/day for Au within the realm of possibility.

loriewil
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90 analysts say gold going to $5,000 and beyond

http://www.munknee.com/2011/06/update-these-90-analysts-believe-gold-will-go-to-5000ozt-or-more/

and why $5,000 gold suggests almost $300+ for silver: http://www.munknee.com/2011/05/with-gold-at-10000-silver-could-reach-714/

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