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Wednesday, October 31, 2007

The GOLD PRICE could hit $ 1,050 if it mimicks the last run..



The last bull run after consolidation advanced in 5 clear waves with two noticeable corrections.

Gold went 1.59 x the base of 460 before a period consolidation which we have recently finished.

This time as Jim Sinclair mentioned the base is 660. A multiple of 1.59 x the base of 660 gives you a possible target GOLD PRICE of $ 1,050


BILL MURPHY TODAY ( Oct 31, 2007)

At Gold Rush 21 Sprott’s John Embry, Wits Gold chairman Adam Fleming, and I (among others) predicted we would see $3,000 to $5,000 gold, which was $436 at the time of the conference. If you have not ordered the DVD of that conference for a lousy $20, you are making a big mistake. Most of the speakers laid out what was going to occur gold price wise and WHY … reasons not explained ANYWHERE ELSE IN THE WORLD!

To view the 2 minute trailer of the 24 minute highlight film, go to www.GoldRush21.com.

31 Oct 2007



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