Welcome To The 300 Club HUB On AGORACOM

We may not make much money, but we sure have a lot of fun!

Free
Message: Regarding Ameros, and Gold --

Far from Over

posted on Nov 17, 2008 07:16AM

comments from The Aden Forecast.....



"...But once the recession has run its course, which could happen in 2009, the greatest inflation wave will eventually take over. With the Federal Reserve and other central banks flooding the markets with liquidity, inflation will jump up. The dollar will eventually cave in due to the coming massive U.S. federal deficits. It's only a matter of time.
The wheels are clearly in motion....


...Over the decades, gold has had consistent cycles (patterns). We haven't shown this one in quite awhile, but it offers a likely time frame for a major low and peak in gold. Gold has had two recurring patterns since the late 1960s that are both uncanny and impressive....from these patterns you'll see that gold tends to form a bottom about every eight years, while it tends to form a major peak 11 years later. Starting with the lows, first you can see that a major low formed in 1969, 1976, 1985, 1993 and 2001. Based on this pattern, gold could likely reach a major low in February 2009, which would make it eight years after the 2001 low Once the low is confirmed and behind us, gold could rise from there to reach a record high and then much higher levels. Note that gold tends to reach a high area 11 years after these lows. Counting from the last low in February 2001, we could then see a high occur in 2012. And if gold reaches the top of the 2000s upchannel, we could easily see a $1,500 to $2,000 gold price."

The possible high according to The Aden's could be in February 2012 giving us a little more than 3 years for this bull to right itself and then charge much much higher. Could you wait 3 more years for this possible opportunity? Are you quitting today or selling out here around the bottom in the juniors? Frankly, I have to believe that this is the greatest head fake of all times, throwing many investors off of their game. Do you have want it takes to stay the course? THIS GAME IS NOT OVER!!!

Share
New Message
Please login to post a reply