Re: Charts & Comments - Dax In Gold
in response to
by
posted on
May 18, 2013 11:05AM
Saskatchewan's SECRET Gold Mining Development.
via RealTerm.de - DAX In Gold
Realterm.de has the only surviving price forecast that has survived through thick and thin in the advance of gold bullion.
Fractal analysis, various elliot wave prognostications, hyperinflationist dooms' day, market 'manipilation' theorists, in short no price forecast has survived the latest correction, except for one.
They are calling for 3000€ high in 2015.
This would correspond very strongly with a possible price outlook of $3333.54 US price projection of an elliot wave One wave extension model, where the motive wave was the first 8 - 9 years of price advance, and where each successive wave is smaller, and half as long.
Where everyone was fully expecting a full-blown mania in gold prices likely will have the unexpected result of chronically firm gold prices. The mania is in stocks, as usual.
source: http://www.realterm.de/DAXinGold.php
-F6