gold - uptrend is as clear as the nose on your fac

  1. 9,081 Posts.
    This extract from "The Privateer" says it all:

    "Look at the major trendline, connecting gold's 1980 all time high with gold's most recent 1996 high. This line has been challenged ever since gold first broke above it back in May. Now, with this rise to $US 333 on December 13, gold has broken ABOVE that eight-month 'consolidation' phase. In the process, it has left behind the LAST downtrend on the chart....The final 'proof' that $US gold IS in a bull market is now in hand. With that, the potential for a much faster price rise in $US terms for gold increases MASSIVELY."

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