PRECIOUS METALS & STOCKS POISED TO RAMP HIGHER
January 22, 2013 - 3:29pm
PRECIOUS METALS AND STOCKS POISED TO RAMP HIGHER IN 2013 David Banister- www.MarketTrendForecast.com It’s been a long drawn out corrective affair with the precious metals since the August-September 2011 top that seems so long ago right now. During that last spike period where Gold rallied to just over $1900 per ounce, we had mentioned many times in articles and to our subscribers that GOLD was likely peaking in a wave 3 of excitement and high powered bullish sentiment. The “tells” were the articles, the CNBC mentions, the daily “CNBC GOLD” ticker at the top of their screen, and the cover of a major magazine. Since that time, we believe GOLD has been consolidating in what we term a “wave 4” correction, which is a milder version than some others. This is part of a 5 wave rally pattern and wave 4 is necessary to cool the engines of overbought sentiment and public love of...
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