I'm Into Gold , My Family would say : The best word to descibe me is.
about 200% to take out the highs.
then off to 3000 on the index, or 500% from here. and that’s just for the majors.
imagine what the juniors will do.
not much point thinking about these numbers right now, but that’s where I reckon we are headed over the next 3 to 4 years.
do you have a link to that chart? i would like to play around with it. this is going to be an unbelievable ride.
Unfortunately, I don’t have a link to that chart. I follow lots of people on twitter that inundate me with technical analysis. This one was a goody so had to share.
What the chart does tell me is that there will be a time to sell and I hope we will all see it within 20% of the top.
Spock-would you be willing to share some insight on why you believe gold shares are going as how as you suspect over the next several years? What conditions do you see will foster such growth?
Plunger is working on a report on the sector this month which should address your questions. About 3 weeks away last I heard. A seminal piece of work.
Saw that. Looking forward to it.
YIKES…THATS A 50 YEAR BEAR IN pm STOCKS VS GOLD !
These are the kind of long term perspectives I like to view…there is so much noise to filter through otherwise. Nice chart.
Interesting chart, thanks.