Tuesday 25 October 2016

Larry Edelson's Gold Forecast for remainder of 2016

I'm posting this prediction here so we can come back and have a look at it in January 2017.

Let's see how he does ....

Larry Edelson writes:

"Overall, my AI model points much higher for gold heading into year-end.
The dollar and gold can and do rise together. I’ve been telling everyone that and have been right. So stay away from the dollar/gold thing. Most analysts are dead wrong about it. The best bull markets in gold occur with a rising dollar.
What about the aggressive moves Putin is making in Eastern Europe and Syria? Gold usually surges during times of war and political uncertainty. But as of yet, gold hasn’t been concerned. Gold (and other precious metals) will rise according to their own unique rhythms. The good news is, they should soon start rallying strongly.

Here’s the latest Artificial Intelligence model I work with and its forecast for gold. It’s the kind of thing my trading service members get all the time, but with specific buy and sell signals as well, timed with my model." -   http://www.moneyandmarkets.com/gold-will-explode-higher-82608

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