Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Wednesday, May 11, 2011
$gold comments and outlook 05-12
Yesterday we looked at $silver. Tonite I am featuring $gold. As best as I can determine gold should bottom mid-June, then bounce and set a lower bottom by the end of August.