The Phaserl


The Federal Reserve Baby Taper

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1 comment to The Federal Reserve Baby Taper

  • Frank Zak

    The Elliot Wave 5th wave down could fail and gold could
    bottom now. I agree with this fellow. This daily pattern
    can often be a bottom and was in 1980’s.

    (Elliot Wave people think $1100 gold be be the final drop.)

    The major gold bottom is due in the Fed meeting week in March.

    But, could it be made from a higher point than we are at now ?
    Yes. That’s what concerns me.

    That’s why you want to start cost averaging into gold now.

    If the Chisnese short anymore paper oldvia Morgan into the Comex,
    forcing physical onto the market, it could bust GLD and the Comex.

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