JFF, you may want to check out a recent article posted over on the King World News blog. The posting is titled "Gold to surge $180 & silver set for massive 35% advance."
Again, this article is speculation from an analyst who you'll notice from his charts etc. compares the current correction we've seen in the PM's to the correction seen back in 1975-76 time frame. He makes the points on the similarity of the length and depth of both corrections. He also gives some price targets for gold and silver to make for the advance to continue.
If what he says comes to pass then the correction in the PM's could be over and better days should be ahead, but it still has to happen.
After the correction in the PM's in that 1975-76 timeline came there was a huge move higher in gold and silver, as you can see from the chart. Gold went from $100/oz. to over $800/oz.
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