120831黄金股触发时间GoldStocksTriggerTime.docVIP

Gold Stocks Trigger Time黃金股觸發時間Morris Hubbartt posted Aug 31, 2012 SUS Dollar Wedge On The Rocks Chart Technically, the US dollar could bounce as high as 82.80, but from there I expect a major decline. The dollar is trading in a bearish wedge formation within an immense symmetrical triangle. As it falls through the bottom of the wedge, the decline could turn into a crash. My analysis suggests that a one-week close under the lower line of the wedge would create a target of 74. The dollar is held in savings accounts all across the country. It is the dollar that is created out of thin air to purchase bonds. Quantitative easing is largely responsible for the inability of the dollar to rally strongly, even in the face of the raging crisis in Europe. QE3 is likely to result in lower priced fiat currencies, bonds that “tread water”, and gold that is strongly higher. Gold and Bond Correlation Chart I’m projecting a 15% correction for the T-bond against the dollar, and a catastrophic decline against gold. Note the substantial non-confirmation in play on the MACD indicator. While the bond has rallied, MACD has declined. The ominous wedge pattern suggests that a decline to 136 could happen very quickly. At these price levels, aggressive investors could short the T-bond. Gold Major Targets Chart After many months of corrective action and strong commercial “smart money” support, the gold bull market has probably started a major move to the upside. There is a strong chance of a more radical price trajectory developing in the coming months. I’ve referred to it as a “superhighway”. It would be created on the chart by accelerated institutional buying. The superhighway event was probably delayed by the euro crisis, but it seems more likely now. My year-end target for 2012 is $1850. By March of 2013, I expect $2300 should be acquired, and $3000 by December. GDX Arc Of Profits Chart GDX rallied 19% from the 2nd low of the double bottom pattern, and acquired my i