60-Year Market Veteran Warns Elite May Make A Terrifying Move As They Lose Control And Gold Soars To $5,000 In 2016

Saturday, May 9, 2015
By Paul Martin

KingWorldNews.com
May 08, 2015

Today a 60-year market veteran warned King World News that the elite may make a terrifying move as their power to hold the system together collapses and gold soars to $5,000 in 2016.

Eric King: “Ron, can you talk about this chart (featured below) that you just sent to me? This is a fascinating long-term chart that shows a bottoming process to this cyclical bear market, inside of gold’s secular bull market. Now that this bearish phase is coming to an end, the first pulse higher as gold reenters its bullish upside thrust projects to $4,700 on this chart.”

Ron Rosen: “The old-timers like myself are all familiar with Welles Wilder. He was without a doubt the best market technician who ever lived. The basis of that $4,700 target you see on the chart is taken from Welles Wilder’s work….

The Rest…HERE

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