Gold Going to $3,500, $4,500, etc. – Who’s Right?

The Warrant Report March 12, 2012 Gold Going to $3,500, $4,500, etc. – Who’s Right? All of us enjoy fantasying about the future price of gold and of course the potential mania market for all resource shares. There are many differing views and we ask, who’s right? When we think of higher gold prices we cannot help but think first as to what the time frame will be for such a move/top? If you have a time frame, as do we, of Jan/Feb 2014 and gold is hitting the price targets, now we have something to think about. If you are looking for $10,000 gold, you will never see it as the time window has expired. Time and Price will come together at some point and we must be open to differing possibilities and prepared to make some good investment decisions as to when to be selling into the strength. So, whether we see gold at $3,500, $4,500 or more, the timing of that future event will be of greater significance than the price itself. Remember, the song by Kenny Rogers, ‘you gotta know when to hold’em, know when to fold’em’. This all sounds easy but in real time the decision to sell into a monster rally will be difficult for most investors. So, make a plan in advance of layering yourself out of your positions but maintaining a 20% holding until, ‘the bitter end’. Recent articles of interest: Gold – $3,500 Goldrunner: Fractal Gold Analysis Say Gold on Way … Continue reading