Tuesday, October 13, 2009

 

Gold Analysis, Real or False Breakout?

Gold has broken out above $1000 and everyone believes that it is headed towards $1500, $1200 being the immediate next target. Technically and otherwise, there has been lot of talk that Gold should be valued @ $2000 - $5000 range based on the real $$$ terms when compared to 1980's. However, if that were so easy, it would have already happened. Here are some of SB comments to the respective articles on the Internet...

Market Oracle: Gold Analysis, Real or False Breakout?

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