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  • A Good Time to Accumulate Positions in Small and Mid-Size Miners [View article]
    hm, yeah right. fibonacci and gann humbug will lead to a proper gold forecast. how about elliott-wave superguru robert prechter predicting gold below 200$/oz for years and years and years...
    but heck, if it is not wave iii of 3 of 5 it might be wave 1 of 5 extended. or maybe, we see some more of a-b-c of wave 2 of 5. but then again, it might be some irregular flat cortrection as well.
    give me a break. fundamentals matter in the long run. not some fibo-ratios and time-lines that fit 50% of the time at best. so they are almost as accurate in their predictive power as a coin-flip.
    apart from that i am bullish gold and gold stocks - but there may be more short-term weakness ahead first. longer term, the fundamentals will lead to much higher gold prices
    May 06 09:32 am |Rating: 0 0
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