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"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10
Friday, February 18, 2011
"Less conservative" target of 33 pinged today. This chart shows the rationale behind it, and the 'more conservative' 31.50. Where do we go from here? Ah Ben, you got an idea? How about David Morgan? Hommel? I am now out of targets because the big picture on silver is now satisfied. I guess this is fitting, since silver is aligned and ready to go off the charts and into Wonderland... if that is indeed where we end up. Ben? Masters of the Universe? Beuller? Anyone?