Tuesday, April 5, 2011

$$ Update on Gold

Gold broke to new all time highs today, and GDX broke out of a symmetrical triangle consolidation pattern.

We are off the races.  ~$1600 gold by June IMO.  GDX to ~74+.
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4 comments:

  1. speculaterusApril 5, 2011 at 12:05 PM

    GDX GDXJ SLV SIL long positions looking pretty good at the moment! However, anticipate a bumpy/spikie ride with these.

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  2. JuliaApril 5, 2011 at 2:19 PM

    Any targets on silver by June?

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  3. Gold_GerbApril 5, 2011 at 6:13 PM

    be sure Terry talks about it, you are the Strategic Director after all.
    congrats.
    -GG

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  4. PositionSizingApril 6, 2011 at 12:03 AM

    Julia

    I have a feeling gold will outperform silver in the April-June time frame, but I could be wrong.

    ReplyDelete