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Gold’s 3 Year Accumulation | 7th April 2017

Gold’s 3 Year Accumulation | 7th April 2017

Look at the range in Gold. Since 2013 it appears that gold has been accumulated in a tightly controlled range. The breakout, whether it’s in 1 year or 5 years will see gold break out and above $1900 USD. That could be anywhere between $1900 AUD and $4000 AUD depending on what the exchange rates are…

This is big picture, longer term stuff… But keep in mind that a miner valued at $1 AUD could easily become a $5 share in a 5 year period. That surely beats saving with the bank.

 

|the Merchant

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