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A look deeper into the gold chart

February 4, 2016

Peter Brandt joins us to further explore the gold chart from his article posted yesterday – click here to visit that post.

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Discussion
8 Comments
    Feb 04, 2016 04:57 PM

    Gosh ….cup and handle……….

    Feb 04, 2016 04:02 PM

    Peter is spot on with both…….silver and platinum…………..

      Feb 04, 2016 04:36 PM

      Peter had some great analysis on this interview. I agree with the Cup & Handle breakout in Gold as we’ve discussed often the last 2 weeks, and I agree that Gold has started to break above the descending wedge upper trend-line, which is very constructive to Gold ending the Bear and starting a new Bull this year in 2016.

    Feb 04, 2016 04:42 PM

    Mr. Brandt’s views make a lot more sense than Avi Gilburt’s based on everything I’m looking at.

    Considering all the hand-wringing that’s accompanied the rise so far, I think gold will reach that 1180 target with no problem. If the shorts and/or wannabe longs panic just a little, it could easily happen in one session.

    http://www.321gold.com/editorials/gilburt/gilburt020416.html

    Feb 04, 2016 04:28 PM

    Al,

    A few comments on Chris Vermeulen and Peter Brandt for your information.

    I have read the books by both Chris and Peter and have listened to their interviews on your show in the past and I want to share a few observations with you.

    I found the book by Chris to be almost worthless in terms of usable information and usable content. The vagueness of the cycle information and the trading information was shameful, and of course the up sell to his proprietary indicators and services found it’s way into the book.

    His interviews on your show seem much the same to me——vague with no really usable information. Don’t get me wrong, he seems like a nice fellow, but I just found no value for my money or my time.

    Peter’s book, on the other hand, was more specific and with many examples of what he was talking about. Now, having been a trader for 10 years, I don’t necessarily agree with chart patterns as trading indicators but I appreciate someone like Peter laying it all out in such detail whether I agree with it or not.

    Peter’s comments on your show, likewise, are specific and he gives specific numbers that he is watching rather than just spouting generalities. His information in other words seems much more actionable.

    These are my own opinions and I fully understand that someone else may have completely different and legitimate reasons for taking a different view of these two gentlemen and the information they are offering us.

    Thanks for your time.

    John

      Feb 05, 2016 05:44 AM

      Thanks for sharing your personal views on them both John.
      Cheers.

        Feb 05, 2016 05:49 AM

        We all agree/disagree with guests at times,
        Especially in this current bear metals market.
        Happier days will eventuate sometime though,
        Then all guests , investors etc will once again look like geniuses.

        …….its only a matter of time….& price.