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Just a note on duration
Posted By Philinje On 22/05/2009 @ 03:39 pm In Gold | No Comments
Earlier I mentioned a timeframe for the parabolic move of late this year or early next. That may be the first move up of two. Several sources are talking about a second move up that would end in early 2011. Of course, in between there may be a correction, and it may be severe. As an example, if gold got to $2500 in the this move up, it might correct to $2000. These are just sample numbers, though one respected advisor has actually stated those exact levels for this move.
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