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Re: POKERSAM post# 31445

Saturday, 08/23/2014 3:05:14 PM

Saturday, August 23, 2014 3:05:14 PM

Post# of 31925
Thanks for the update.

As for your 960 target, is that for a 6-month time frame? 12-month? 18-month?

Seeing as how $GOLD took well over a year to complete its topping process back in 2012, I am prepared for at least as long of a timeframe in a bottoming formation.

I am mildly surprised that $GOLD has managed to stay above $1250 for most of this year. Especially so given the strength of $USD, which looks to be headed back to 85. The Canadian dollar ($CAD) has been in decline for a couple years now and is headed lower still. The euro ($XDE) and the British pound ($XBP) are both in the early stages of decline. The yen ($XDN) is flat-lining. $USD goes up by default. The cleanest dirty shirt syndrome.

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