Gold, silver and all commodities are now breaking upwards
Key Points
- Gold moving strongly above US$1800
- Silver kicks through US$20
- Nth American gold stocks surging
- Gold stocks moving up vs strong gold
- ASX Gold Index hits new all time highs
- Expect 200% upside (YES!!) in ASX XGD
- NST breaks through A$15 heading for >A$20
- A$ strong
- Shanghai market ready for MAJOR upmove
- Dawes Points Global Boom – ON TRACK!!!!!
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bdawes@mpsecurities.com.au
It seems that gold doesn’t want to follow its usual seasonal patterns and is now moving higher in earnest.
Medium term
The long term is very important to envision.
Silver has kicked through US$20 and heading much higher.
Nth American Gold stocks are moving
I see this as a MASSIVE base to propel this index to well over 25,000.
ASX XGD Gold Index
NST superstock to A$20 and beyond
EVN strong
SAR
DEG – so cheap!
BGL about to soar again
KZR – going parabolic
MGV – much more to go here
CHN – resting before surge
DGO – great leverage
WRM – watch this very closely – transformed!!
A$ strong and against other currencies
Shanghai – Ready to break much higher
+61 2 9222 9111
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+61 2 9222 9111