Forecast - Patience is a virtue

Franck Tamdhu,
President - General Director KRSTU

This not the place to get rich quick. Turn a part of Your wealth into Gold and wait for 2-5 years.The present forecast is of use for those who share the views presented on this site. KRSTU hit rate is of 72% for the period 2005-2011. It is a win-win situation for PMG for the foreseeable future if one abstains from speculating on margin. High volatility and huge corrections practically assure the wipeout for the speculators. Actually, one can buy gold at any price as the trend is your friend, but sitting for a while on a paper loss is painful. Do try to enter the market on corrections only.

  • Forecast for 2016: Dow Jones at 12000 meets Top Gold at $12000
  • Forecast for 2014: above $5000 because of QE1,2...N
  • Forecast for 2012: above $2000 Obama vs Republicans.

Standing advice for 2012: It is a Must buy for PMG at this level, a rare buying oppportunity. Buy and wait for 6 month at least. CFCE will introduce limits per broker to the number of futures on all raw materials. To prevent wild speculation. Well, there`ll be more brokers too.

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