- Kleiner Nachtrag -
Ron Rosen am 06.08.15 :
"The only corrective pattern that fits perfectly with the correction in gold and silver is a Running Flat Correction.
The only corrective pattern that fits perfectly with the correction in the HUI is the Irregular Flat Correction.
Gold, silver, and the HUI have just about completed their corrections.
The Dollar Index has trended opposite to the
precious metals complex ever since the bull market in the precious metals complex began.
The Running Flat Corrections in gold and silver are telling us loud and clear that they will be “skyrocketing” to higher levels starting when their corrections are complete which will be momentarily. The Dollar Index will be collapsing while the precious metals complex is moving up.
Yes, $4,700.00 to $5,100.00 for gold is a reasonably conservative goal. The precious metals bull market that topped in 1980 saw the gold/silver ratio reach 17 to 1 ($850.00 gold $50.00 silver). If this ratio repeats, $4,700.00 gold will equal $276.00 silver.
As for the fundamentals, supply, demand, China, India, etc., they are all built into the technical patterns in the (following; siehe Artikel, Anm.) charts.
I totally ignore the so called fundamentals.
They are simply a distraction and yet they are more than actively written about. Ah yes, the financial media. Their timing in reverse is nearly perfect.
That’s why the Wall Street Journal today, August 6, 2015, has a derogatory article about silver."
http://www.321gold.com/editorials/rosen/rosen080815.pdf
Grüße
