by Avi Gilburt
In late October and again in November, I began preparing my subscribers for the last rally phase we experienced in the metals complex. I even penned a number of public articles outlining my expectations for the same. In fact, on November 11, I published an article entitled “Gold Is Likely Approaching A Local Bottom.” As we now know, gold actually struck its bottom at the time within 24 hours of that article. And, I then reiterated my expectations in a blog post at the end of November entitled “Buy Gold On Black Friday.” Even at that time, the GLD was in the 137 region before it began its run almost 10% higher since that time.
Then, on January 5 of this year, I published another article entitled “We Are Approaching A Pullback In Gold.”
Within that article, I outlined my expectations: