Sunday, December 08, 2013 12:11:32 PM
A long term Barrick and PM outlook :
This chart's for the gold 1100 believers :
This long term silver's been manually updated :
My Opinion :
If silver should break down in the upcoming weeks, then gold 1100 seems plausible......and if THAT should develop then Barrick at $10 (see uppermost chart), doesn't seem far out of reach.
And if all this were to develop, well, that would send the HUI down to 150 :
So the dollar keeps gaining strength - whilst the Yen, etc. keeps declining......?
This chart's for the gold 1100 believers :
This long term silver's been manually updated :
My Opinion :
If silver should break down in the upcoming weeks, then gold 1100 seems plausible......and if THAT should develop then Barrick at $10 (see uppermost chart), doesn't seem far out of reach.
And if all this were to develop, well, that would send the HUI down to 150 :
So the dollar keeps gaining strength - whilst the Yen, etc. keeps declining......?
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