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Message: 6 Bullish Gold points, by JS

6 Bullish Gold points, by JS

posted on May 21, 2008 05:54PM

Dear Comrades in Golden Arms,

Gold:

  1. This move in gold is real.
  2. The volatility of the gold price up and down is going to be wild. Buckle your seatbelt and put on your helmet.
  3. Gold is headed to $1200 here and now.
  4. The drought of interest in juniors is behind us, having ended on May 8th 2008.
  5. The positivity of the gold price has legs both in time and price. I see months, not weeks in this phase.
  6. "Sell in May and go away" will be proven completely WRONG this time around.
Author: Jim Sinclair
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