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Friday, December 23, 2005 5:17:39 AM
***$GOLD'S CURRENT EQUILIBRIUM IS AT $800+++
*$GOLD has been in a vicious cycle since 1980's top, it has been in a bear market, my unconventional and yet imperfect technical analysis shows lower cycle highs since 1980, in 1987, 1993, and finally in 2001 when $GOLD confirmed the end of the BEAR MARKET... a 21 YEAR BEAR MARKET!!!>>> OUCH!!!
*What's majorly important here, is that we may just be about 60% done this wave, and half-way through this wave, we have confirmed breakage of the BEAR CYCLE by surpassing the 1993 cycle top, and now more than half-way through the cycle, we are ahead of the 1987 top as well. This inevitably will allow $GOLD to test resistance around $700 the ounce before the Beijing olympics.
***FROM $GOLD AT $500 USD AN OUNCE, THAT'S AN "INEVITABLE" GAIN OF 40%***
*Yes, before the 2008 (summer) Beijing-hosted olympics! My personal target is even more aggressive, I believe $700 an ounce will be reached in 2006, yes within 1 year!!! With that said, I believe that by the time the Beijing olympics arrive, we will see $GOLD at the rainbow I have portrayed on the following chart, that means $GOLD will be at $800(+) within about 2 & a half years or 30 months time.
***$GOLD IS EXTREMELY BULLISH FOR 2006***
With the longer-term technical breakout we have witnessed during this run, we can now think of the spectrum in the following chart as a magnet as long as the price of $GOLD is underneath of it>>>
In other words, the rainbow being hit is not only INEVITABLE, it is FORSEEABLE>>>
***$GOLD IS STILL CHEAP AT $500 AN OUNCE DESPITE WHAT EVERYONE IS SAYING***
*$GOLD has been in a vicious cycle since 1980's top, it has been in a bear market, my unconventional and yet imperfect technical analysis shows lower cycle highs since 1980, in 1987, 1993, and finally in 2001 when $GOLD confirmed the end of the BEAR MARKET... a 21 YEAR BEAR MARKET!!!>>> OUCH!!!
*What's majorly important here, is that we may just be about 60% done this wave, and half-way through this wave, we have confirmed breakage of the BEAR CYCLE by surpassing the 1993 cycle top, and now more than half-way through the cycle, we are ahead of the 1987 top as well. This inevitably will allow $GOLD to test resistance around $700 the ounce before the Beijing olympics.
***FROM $GOLD AT $500 USD AN OUNCE, THAT'S AN "INEVITABLE" GAIN OF 40%***
*Yes, before the 2008 (summer) Beijing-hosted olympics! My personal target is even more aggressive, I believe $700 an ounce will be reached in 2006, yes within 1 year!!! With that said, I believe that by the time the Beijing olympics arrive, we will see $GOLD at the rainbow I have portrayed on the following chart, that means $GOLD will be at $800(+) within about 2 & a half years or 30 months time.
***$GOLD IS EXTREMELY BULLISH FOR 2006***
With the longer-term technical breakout we have witnessed during this run, we can now think of the spectrum in the following chart as a magnet as long as the price of $GOLD is underneath of it>>>
In other words, the rainbow being hit is not only INEVITABLE, it is FORSEEABLE>>>
***$GOLD IS STILL CHEAP AT $500 AN OUNCE DESPITE WHAT EVERYONE IS SAYING***
HI-HO SILVER !!!
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