Comment: Next stop 20, eventually back to 10

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Michael Nystrom's picture

Next stop 20, eventually back to 10

That what I see on that chart. The move to 20 should be pretty fierce & quick. There is multi year support there. The bottom fishers will come in and it'll bounce around there for a few years. There might be a quick stab down to 15, then bouncing around between 15-20 for a few years, and the eventual, slow rot to 10 as the early birds get disgusted / need to liquidate because they need the money.

Gold dropped through its similarly structure support shelf this morning:

http://www.barchart.com/chart.php?sym=GCJ13&t=BAR&size=M&v=2...

My speculation in DUST has paid off well.

So are you going to listen to yourself now?

To be mean is never excusable, but there is some merit in knowing that one is; the most irreparable of vices is to do evil out of stupidity. - C.B.