Gold, Gold - You're Making Me Old

Source:

...if gold can break out above one thousand and remains stubbornly above one thousand, it's next long-term target will be two thousand...

That was my old refrain as we lived through correction after correction in the early stages of a gold bull market that never seemed clear or easy. But that has changed. Over recent years it's become obvious that gold is in a powerful bull market. And all our earlier worries and anxieties now appear to have been worth it, as the power of the great bull market becomes evident and indisputable...

Clearly gold is now flirting with the big number, and I'm talking about one thousand. To climb over one thousand and stay above one thousand will not be easy, but if or when it happens it will mark an historic occasion for real money.

The upside "count" for gold, based on the recent P&F breakout -- is 1125.

...if gold can break out above one thousand and remains stubbornly above one thousand, it's next long-term target will be two thousand...

Related Articles

Get Our Streetwise Reports Newsletter Free

A valid email address is required to subscribe