GOLD Fever

GOLD Fever - it is all over the every web chat thread I read. Let us look at the current situation. First everyone wants a repeat of the 1975 to 1980 massive parabolic gold spike - what drove that, back then it was not fiat money printing and the US economy was in fairly sound shape. Instead of writing the whys, let the chart dictate the trade.




HUI should backtest into the 250 area and could retest that first fib window near 200!

This one chart is what everyone thinks will cause gold to ramp, it has in the past so why not again. The deflation argument could prove wrong, and this chart is predicting this ratio 2013 into 2018. Let the technicals dicate your trade, goldbug or goldbear.

IT ALL COMES TOGETHER at $450 - every technical points to this retest.

--- http://www.zealllc.com/2006/cpigold.htm

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