Michael Oliver’s last hope.
KWN is a perma bull site but Michael Oliver is a serious analyst ,these are his last reflections about the current situation.
The last hope.
http://kingworldnews.com/michael-oliver-another-look-big-picture-gold-takedown/
Hope is not the best strategy for investing in Gold. And sorry to disappoint you even Michael Oliver can be wrong. In previous interviews he was saying that GDX at 26 was a steal and that gold would rally into Q4.
I didn’t say he is always right,I said he is serious.
Nobody here is a vodoo master,hope is not a strategy at all,is just…hope.
Agree, I Like his methodology too and it seems serious. Regarding hope , I agree, It can make someone feel better to read positive comments from serious people.
There is something I like about point and figure charts. Old fashioned. Simple.
In early 2014, the standard 3 box reversal point and figure chart for the US dollar index on stockcharts free charts gallery view gave a target of 102.0. The dollar was at around 80 at the time. Where is it now?
Enough said.
Here is the chart. Actually it was from 2013:
http://1000gold.blogspot.co.uk/2016/11/usdx-chart-from-late-2013-with-price.html
Very interesting Dave,
Thank you 🙂