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Near-Term Gold Forecast: The Thrill of Victory and the Agony of Indecision. . . - The Gold Report -

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This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional ......This is the biggest understatement of 2016.The Net is replete with every tip sheet on the Precious metals market telling us all to get out stay out or whatever !!!
The big thing is the GOLD market in particular because it will be the leader of the charge upwards HAS now entered a primary phase of a renewed BULL market ...Now in my 50 years of stock market let me relate a TRUE story....This relates to a share called The Randfontein Estates Gold Mining Company...RFN shortie code ......Well RFN started it run in the 1979 /80 GOLD bull market at 75 cents ....dealers on the floor were amazed to see that it had reached $50 ..so three of the lads who were dealers decided to buy themselves 10000 each .......Thy didn't have to wait to many weeks or months before the RFN share price reached $75 .....50% gain then they got advice like so many are getting from share tipsters on the net and believe me there are at least a dozen or more telling gold share & bullion holders to get out.......SO !!! YES !! they got out with $250,000 ...taking the advice they then shorted 10000 RFN at $75 .........IT ALL ENDED IN TEARS AS THEY COVERED AT $100 WENT HOME WITH NOTHING BUT EXPERIENCE
MORAL OF THE STORY IS NEVER TAKE A 10 POINT PROFIT IN A 1000 POINT MARKET.....

OH YES BEFORE I FORGET RANDONTEIN SHARES TERMINATED THEIR RUN AT $560 ........THANKS Ballenger,larry edelsohn,sam kirkley,jordan byrne ray and many others for your advice keep it to yourselves you are what you are WE HAVE BEEN WARNED
THE ANGELS WEEP FOR THOSE ABOUT TO ENTER THE DOOR OF SUCCESS BUT CANNOT ENTER

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Beginning of the headline :Man-oh-man, the heat I am taking over my recent "Caution" stance on the near-term outlook for gold and silver is now verging on the theatre of the absurd, says precious metals expert Michael Ballanger. Email, tweets, voicemail messages and every other form of indirect confrontation have been used to convince me that my reluctance to join the masses in piling into the gold trade after an 82% advance off the lows in the past six weeks in the NYSE Arca Gold... Read More

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