Looks like we now have a buy signal on the precious metals - first one since the 2008 lows, and the first one since our $1850 price objective on gold was reached last summer.
I'll share any upside price objectives once they're given, but longer term, the upside target for gold has been somewhere around $2250 US and about $65.00 US for silver.
Fib
Precious Metals
Started by
fib_1618
, Aug 25 2012 07:57 PM
2 replies to this topic
#1
fib_1618
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Posted 25 August 2012 - 07:57 PM
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#2
gismeu
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Posted 26 August 2012 - 06:36 AM
Looks like we now have a buy signal on the precious metals - first one since the 2008 lows, and the first one since our $1850 price objective on gold was reached last summer.
I'll share any upside price objectives once they're given, but longer term, the upside target for gold has been somewhere around $2250 US and about $65.00 US for silver.
Fib
Thanks Fib,
do you have a time window or time in mind for Silver at $65?
Thanks again, gis
If you can't buy Happiness, STEAL IT!
#3
fib_1618
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Posted 27 August 2012 - 12:45 PM
No, not at this time, but as long as the pattern remains constructive, that's all that really counts.do you have a time window or time in mind for Silver at $65?
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
