InvestorsHub Logo
Followers 39
Posts 1454
Boards Moderated 0
Alias Born 06/14/2011

Re: goforthebet post# 31484

Tuesday, 10/07/2014 2:41:16 PM

Tuesday, October 07, 2014 2:41:16 PM

Post# of 35777
Goforthebet - also see these last two posts...

...from Market Anthropology. A great site I have been following all of 2014. They also favor Precious Metals for 2014 and come from Macro perspective. Amazing ability to show history repeating itself in all posts. Highlly reccomended. Good comparison of current $USD move to Silver in 2011 and second post has two great charts that Show Gold/Silver sitting on long term support trend from 2001 circa 1976 in gold when it retraced from $200 to $100.

http://www.marketanthropology.com/

Hopefully history repeats but who nows. PM fundamentals much stronger now in 2014 than 1976 IMO with 44 years of the $USD fiat experiment backing current secular PM bull (hopefully a cyclical bear from 2011-2014).

Suffice to say $1180 is extremely important right now. I don't know the exact figure but a break would also likely violate the long-term uptrend in place since 2001. I don't think that will happen but what the heck do I know compared to market?
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.