Interesting, what Sanders said about the gold trend after yesterday' close:
Always invest with the primary trend. Gold's primary trend is up, targeting at least $3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down.
Those targets look rather ambitious to me. I think I'll review his past predictions and check how accurate they were.
02 May 2012
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