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We Don’t Need No Stinkin’ Correction! Says Gold

Apparently gold traders have decided that they don’t need no stinkin’ consolidation!  Short term cyclicality is mixed, but still gold has powered higher. This seems news driven, but cyclically the stars have been aligned  for a major upmove in the second half of this year. And here we are. Cycle projections for this move have risen yet again.

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Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish LiquidityTrader.com, and was lead analyst for Sure Money Investor. I developed David Stockman's Contra Corner for Mr. Stockman. I’ve had a wide variety of finance related jobs since 1972, including a stint on Wall Street in both analytical and sales capacities. Prior to starting the Wall Street Examiner I worked as a commercial real estate appraiser in Florida for 15 years. I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. My perspective is not of the Ivory Tower. It is from having my boots on the ground and in the trenches of the industries that I analyze and write about today. 

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