Flat bottom means we're topping out and headed down. Sloping means a massive upside is on the way. Gold is at long term highs. Big banks are saying gold 3000. (Why not 2000?) Dow is showing weakness. The dollar is rising. The last time the Dow dropped, so did gold. The Great Recession saw some massive corrections in gold on its way to record highs. Why gamble?...
Wouldn't it be nice to see this pattern play out again. Long term I think it will. Short term, the situation is very different than years ago and if there's a match it means we're seeing things happen in a day that took a week last time. Also we're at a high point with very strong resistance. It is encouraging that silver and platinum haven't recovered yet,...
