Andy wrote several weeks ago that the quadruple bottom formation was going to propel gold and silver violently ahead. Now gold is hovering around $1700 and silver’s popped through $32 and his words are proving quite prophetic. I guess it proves that the elites can only sabotage markets for so long before the fundamentals eventually assert themselves and prices start heading to their proper range. Of course no one knows what the proper range is until they’ve gotten there, but even at current levels, precious metals appear to be undervalued. Andy thinks we’re about to hit the next great bull move forward and that prices are headed parabolic. If this occurs then the wheels are really coming off the bus and it will be time to seek cover.
This interview was hosted by Financial Survival Network.
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There will be many twists and turns on the way to $1800 or higher, which I believe will be reached. I feel more comfortable now that I’ve switched over to technical analysis, or at least hybrid analysis. I got a PDF for free from this site that pretty much explains the ins and outs of technical trading married to fundamental analysis. Very helpful. http://goo.gl/aqr8p
John,
I have no idea what you are speaking of, other than that “$1,800 or higher” is a given.
Andy