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Message: Re: Markets

Dec 03, 2014 08:46PM

Dec 04, 2014 09:55AM

Dec 04, 2014 11:18AM

"Interestingly von Greyerz was introduced as a speaker at Mines & Money by Bo Polny who is a firm believer in the cyclical pattern followed by the markets. Polny is credited with picking recent gold price tops and bottoms almost to the dollar and he is currently in firm agreement with Elliott Wave analyst Peter Goodburn that gold, and other precious metals are due for a huge upturn in dollar terms in the near future as the general stock markets collapse. They are overdue for a mega crash after a run of several upwards years brought on by artificial monetary stimulation, he reckons. He is thus calling for $2,000 gold as soon as next year."

http://www.mineweb.com/mineweb/content/en/mineweb-gold-news?oid=261488&sn=Detail

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