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Gold Achieves Escape Velocity!

This is a syndicated repost published with the permission of Slope of Hope. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

I think I’ve been vocal enough about my enthusiasm for gold. I’m delighted to see it is starting to show some real signs of life today (this is a 1 minute chart):

Here is a longer-term view, showing a well-formed consolidation pattern and, God willing, our hearty escape from it!

This, to me, is the ultimate repudiation of the central bankers. Here’s to $2,000, $3,000, and beyond!

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