GOLD TRADER: “BIG MONEY IS NOW TRYING TO GET IN—ON A VIOLENT REGRESSION TO THE MEAN”

Monday, August 19, 2013
By Paul Martin

SilverDoctors.com
AUGUST 19, 2013

Precious metals and mining shares have finally confirmed a “1-2-3 reversal” pattern, suggesting a violent regression to the mean is now underway in gold—to be further angered as capital flees a collapsing bond market.
“Big money is now trying to get in on the long side and I think this move up out of this bear market bottom probably isn’t going to behave like a normal rallyit’s going to have a violent regression to the mean…my theory was that we were going to see a pretty strong V-shaped rally out of this bottom…that appears to be what’s going on…we could see gold retesting those September 2011 highs in the next three or four months depending on how hard the dollar falls.” -Gold Trader Gary Savage

The Rest…HERE

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