I did go back and check what Franklin Sanders forecast a year ago. On 10 May 2011 he wrote:
Should the gold price batter through $1,525, 'twill make a run towards the last high at $1,575.
Not immediately, but on 27 May gold closed at $1,523.94. After that, it went sideways for some three weeks, then dropped to a low of $1,487.17 on 1 July, and the following day took off toward a spectacular high of $1,908.82 on 22 August.
Incidentally, he has had that phrase "Always invest with the primary trend..." at the end of every post, already a year ago, so it is not a current forecast, more like a signature line.
03 May 2012
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment