The Gold Bugs are furious. Despite elevated inflationary pressures and a general world instability (nuclear war anyone), Gold is not reacting to any of it.
After all, according to the most “die hard” Gold Bugs (GC) should be sitting at least at $10,000, maybe even at $100K an ounce.
Well, they are not going to like what our analysis shows. At least for the time being.
Our mathematical and timing calculations suggest Gold (GC) hasn’t bottomed yet in neither Time nor Price. Yet, the bottom is fast approaching and should be at much lower prices. Think 2015 or 2016 lows. The math doesn’t lie, as they say.
Finally, while the above analysis might infuriate some folks, Gold Bugs should wait to see what happens after the said bottom is put in place. To see that full analysis and the exact time/price targets for the upcoming tops and bottoms, please Click Here
