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Re: Toofuzzy post# 39715

Saturday, 07/18/2015 12:08:21 PM

Saturday, July 18, 2015 12:08:21 PM

Post# of 47106
Hi Tf,

According to this week's newsletter from Tom McClellan gold could be making a bottom (McClellan's father created the McClellan Oscillator).

http://www.mcoscillator.com/learning_center/weekly_chart/gold_priced_in_euros_has_gone_quiet/

He says looking the Gold's 13.5 month cycle this would happen around the middle of August...give or take a month.

He does some hedging when he says "Eventually gold is going to leave the area of €1050/oz and go somewhere".

Anyway I have put Gold and the Gold Miners on my radar.

Best regards,

Ray

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