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neville
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Gold's Next 10% Move is Down, Not Up

- Chris Vermeulen - GoldandOilGuy

Spoken like a true South African

Commented 2963 days ago

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Beginning of the headline :Gold has been on a tear since the start of this year. It is the best performing asset with a 16% rise in 2 months, however, if you are planning to enter gold at these current levels, you are likely in for a big surprise. Gold is overbought and technical analysis is pointing to a drop in gold price to the $1150/oz. level, a good 10% lower from the current levels. The equity markets are in a bounce/rally mode and likely to remain buoyant till end of March. Oil prices, which were causin... Read More

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