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Friday Gold Report from the Chicago Resource Expo

Big Al
April 27, 2012

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Discussion
7 Comments
    Apr 27, 2012 27:47 AM

    Boy Big Al,
    It (PM analysis) doesn’t get much easier than what Rich just said…long term…no brainer.
    Enjoy Chi-town. Be safe and, of course, all the best!
    Marc

    Apr 27, 2012 27:47 PM

    THE WINDY CITY….., AL, FITS RIGHT IN……

    Apr 27, 2012 27:49 PM

    The only fact that matters is the 10-year chart for Gold. It speaks Truth, fact, reality. Gold goes up slowly but steadily. It speaks to the global economic situation and the poor choices that have been made in terms of monetary policy. Short-term predictions are meaningless because they lead to emotional decisions. Gold $3,500 Silver $150. And if you think this conservative estimate is eccentric, look where Gold was in 2007 and where it is now.

      Apr 27, 2012 27:53 PM

      Jed,,,,I agree with you…..long term…..I even think your gold price and silver
      might be low….., but, I have been saying silver over $125, for a long time…..
      thanks…OOTB

    Apr 27, 2012 27:51 PM

    DOLLAR DOWN…., RICH SAID IT ALL,” what’s new….”.

    Apr 27, 2012 27:34 PM

    Al, according to my charts, the odds next week are that the dollar will rebound along with gold and the general markets moving down. This is based on charts that I watch apart from the narrowly focused PM and dollar charts. The dollar could move down minimally next week but the odds are in the next few weeks it could actually break to the upside. It the nuances of multiple charts that often tell the story.

    Apr 27, 2012 27:08 PM

    Big Al,

    I shall see you there tomorrow 🙂

    Best,
    Lynn