OTCQX:GLDXF - Post by User
Comment by
moneyhungry87on Jan 12, 2016 3:19pm
84 Views
Post# 24450989
RE:Like i said!
RE:Like i said!
at this point in the cycle you should not be bearish. read avi gilburts commentary, he has been almost spot on with his gold market forecast since the top in 2011 ( he called the top and was off his target by $5)
anyway, he says we have one final decline where GDX and GDXJ will make new lows ( below 12.60 for gdx etc) but he says it is not a guarantee miners will make new lows or that gold will hit $1000 just like how gold failed to make $2000 in 2011 everyone was expecting it and it did not happen.