Registered: 1101777014 Posts: 4,630
Reply with quote #1
Looks like we now have a buy signal on the precious metals - first one since the 2008 lows, and the first one since our $1850 price objective on gold was reached last summer.
I'll share any upside price objectives once they're given, but longer term, the upside target for gold has been somewhere around $2250 US and about $65.00 US for silver. Fib __________________ Dave's LinkedIn Profile Technical Watch Twitter Page Technical Watch Facebook Page "As for it being different this time, it is different every time. The question is in what way, and to what extent" - Tom McClellan "An economist is someone who sees something happen, and then wonders if it would work in theory" - Ronald Reagan "What we see depends mainly on what we look for" - John Lubbock "The eye sees only what the mind is ready to comprehend" - Henri Bergson “Answers are easy; it’s asking the right questions which is hard” - Dr. Who - 1977 "You know the very powerful and the very stupid have one thing in common - they don't alter their views to fit the facts, they alter the facts to fit their views (which can be uncomfortable if you happen to be one of the facts that needs altering)" - Dr. Who - 1977
Registered: 1101968123 Posts: 497
Reply with quote #2
Very nice and timely call Fib!