giovannimike

Gold in its final corrective wave before bull market

Short
AMEX:GLD   SPDR GOLD TRUST
Thesis: Market structure for Gold is playing out similarly to the 2008 crash of the S&P500 . With the FED rapidly increasing QE , it makes sense that the S&P 500 will see gains for the next year or two, and gold will continue to bleed until we reach an overall market top. From that point on, I expect a huge bull market for precious metals ( GLD & SLV ).

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