hes' quite possibly right about gold being about to spike
according to a webinar from a US group several months ago that follows historical charting data - history's big PM equity bull runs (80% plus) typically require gold to sell off to below the recent low before a big spike up
- ie a big false breakout downward before reversal
what we;ve just seen would fit that description
my point about hot air wasnt to say it was the wrong view. just that he offered no facts to support the opinion
we'll see in coming days
worth noting that the HUI barely budged last night
hes' quite possibly right about gold being about to spike...
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