Gold Price Forecast 2012: Fractal Analysis Suggests Massive Gold Price Rally Is Coming

[TWSceptic]

I'm waiting for a drop in gold to buy, do you guys think I should wait or is it unlikely to go down december 2011 levels?

[ninadrsa]

@TWSceptic Just BUY! As much...

[TWSceptic]

@ninadrsa I know but it's tempting to wait hehe. Looks like the correction will continue for a while looking at the charts. I think I'll give it some time.

[GoldSilverReview]

Nice analysis

[colinjockgraham]

are you from Durban?

[JosephBC69]

Ain't fractals grand? I must say that HM is one of the best interpreters I've seen in the last ten years.

[wesleytarbuck]

isnt it amazing how the market behaves exactly the same way, those charts look almost identical.

[TWSceptic]

@wesleytarbuck Seems to be coincidence, there should be no reasons to assume the graph would repeat in the same way in different economic circumstances. We are far from the big rally (bubble) still I think but he is right that 2K is a very real possibility this year. My prediction somewhere in the third quarter.