Buy Gold Buy Silver How to Buy Gold How to Buy Silver Silver Price

Tuesday, October 23, 2007

The Gold Price could soar after 1,000 is achieved..


Back in late 2005 I was fully invested in Gold and gold shares, just waiting to get my hands on a copy of Goldrush 21 after seeing Bill Murphy on ROB TV, now BNN in Canada. I started out as a technical trader and after listening to what Bill said, and doing some homework, I realized that gold should blow through 500 at a time when many said back then we wouldn't see 500 in our lifetime. As we approached 500 I never even once considered selling any gold or gold shares thinking that 500 was the profit taking time. I think @ $ 1,000 we will be in a similar situation.

1 Comments:

Anonymous Anonymous said...

I agree as in late '05 I too bought the trendline break but I think you'll see that that same type of break is also possible today and not at $1,000. Draw similar long term trend lines and add one to last years highs and you'll see that we are breaking into the upper channel. Again.

Got Gold?

October 23, 2007 4:20 PM  

Post a Comment

<< Home