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My Target For Gold Prices - Mike Swanson (12/01/09)

Submitted by Mike Swanson on Tue, 2009-12-01 09:04.

Over the past few months we have seen stock market commentators and talking heads try to call tops over and over again in gold based on wacko market theories about where prices HAVE to go based on presumptions or just plain worries about phantom market crashes and bad news.

Even last week on the day that news of problems at Dubai broke a well known gold commentator on CNBC sent out an alert to people predicting a huge rally in the dollar and subsequent collapse in gold that he thought would start immediately as a result.

Of course it didn't.

And gold is now going higher.

This guy is the guy CNBC uses the most to talk about gold.

The problem is none of these people are looking at real market trends when they make these predictions.

In this video I show you how you can spot the next REAL top in gold prices and bottom in the dollar.




Disclaimer - I've been long and gold stocks since August and continue to stay long. I think I'll be able to make a huge gain out of these positions over the next few months and hopefully many of my premium members will too.

Hopefully this video will help you learn about how markets really work and if you are long gold or gold stocks build your confidence up in them.

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Hello. My name is Mike Swanson. I’m the best-selling author of the book Strategic Stock Trading. In a former life I used to run a hedge fund from 2003 to 2006 that generated a return of over 78% during that time frame. In fact it was ranked in the top 35 out of 5,000 hedge funds in 2005.

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