GOLD BREAKS TRIANGLE PATTERN TO THE DOWNSIDE $GLD $SLV
On February 12, 2013, I published “Gold is at a critical juncture .” Events since then have shown that the article was spot on.
Gold has fallen out of bed. A picture is worth a thousand words. The chart below shows updated long-term analysis of gold.
Please click here for the chart.
The fundamental premise behind the last writing was that there is a mis-perception about currency wars. I wrote that there are no currency wars, just skirmishes.
Since then, both G-7 and G-20 have issued statements that show that not only there is not a currency war now, but none is likely in the near future.… Please click here or the title below to read more.
February 19, 2013
