Batten down the hatches, because a "perfect storm" is coming to global stock markets in 2016 according to the technical analysis team at UBS.Read More »
Are the general stock markets and precious metals and precious metals equities about to experience a reversal in fortunes? Based upon current evidence, I think so. Here's why.Read More »
Is Gold About to Go Parabolic to $3,495 in June ’13; $10,899 in Sept. ’14 and Top Out at $31,672 on Jan. 16, 2015?
According to a recent Elliott Wave theory analysis gold is about to go parabolic reaching $3,495 in June 2013, $6,233 in April 2014, $10,899 in Sept. 2014, $18,712 in December 2014 and culminating in a parabolic peak price of $31,672 on January 16th, 2015! See the chart below. Words: 600Read More »
Gold it is still tracking well in line with Elliott Wave expectations [which foretold] a rally from the previous low followed by a further decline to [as low as $1,650 before going onwards and upwards. Let me explain the steps that brought me to that conclusion.] Words: 683Read More »
This article was prompted by a question enquiring what the silver price might be if my gold forecast of $4,500 proved to be correct [see my article entitled "Alf Field: Correction in Gold is OVER and On Way to $4,500+!" and I have settled on] a target price of $158.34 for silver. [Let me explain how I came to that specific price.] Words: 850Read More »