Tuesday , 28 May 2024

Tag Archives: $1050 gold

Gold’s 2014 Playbook: $1,050 This Summer; $1,800 – $2,000 By Year End! Here’s Why (+2K Views)

While I know this is tough to hear, as most of you are gold bugs, I am confident that the banking cartel has a purpose, and that purpose is to set up what will probably be one of the most lucrative long side trades in the metals of this entire secular bull market. Our job right now is to be patient and wait for that yearly cycle low later this summer. I think that low is going to drop at least down to retest $1200, and if the cartel has its way, they will push gold back to $1050 before this is over.

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