02 February 2008

Is this the end of the Party ?

Yesterday, Gold corrected by 2%.
The most recent participants in the rally were really scared.

Do I think this is a major market top ?
-Not Yet

I think we still have about 1 month to go, and this last leg might take us to about 970

And the rally in the junior gold stocks might happen during this last period.


Then there might be a significant correction towards 700 $

That's my humble opinion anyway...

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