"Gold is working toward the initial 1130 target. The next important target remains 1300 on the horizon. Then comes the moon shot! They will both come as sure as the sun rises. The USTreasury bubble is finally being recognized as the biggest bubble since US housing. It has no future upside, only downside. The USTreasury bubble constitutes a feeder system for Gold & Silver, alongside the Dollar Carry Trade. The financial networks offer humorous downplay of gold, as they continue in their failure to recognize the broken USDollar, the bubble in USTreasurys, the broken US banks, the broken USGovt finances, and the broken US homeowner, and probably the broken US industry." Jimmy Willie
Certainly time to get your "ducks" in order!
The discussion of gold/silver/$US's is fast becoming the vernacular of the masses! These, IMHO, are the very people ( the masaes) who formed the line-ups so widely publicised circling the block outside the Chase Manhatten Bank in NY buying gold in Jan 1980! (The price rose 40% in the last 2 weeks of that Bull run!)
They (the masses, not just from NY but from around the globe!) will provide the fuel for "Jimmy's Moonshot" as they did during the final days of the last "Gold Event!" (Ending in January 1980 following a 9 year run from $35/oz to $877/oz!)
In lockstep will be Silver's rise, the $US demise and meteoric ride of Junior Gold and Silver equities!
Stand by, you're about to see them "walk the talk!"
RUF