The Gold Spike Indicator Supercharges
Gold Prices
As I just mentioned, the last time my “Gold Spike” went off, gold moved quickly…. gaining $41.50 in two days.
And the price movement didn’t stop there either. Soon after May 10th, gold hit a record – $1,256 an ounce – on June 18th. And then another record of $1,261 June 28th.
And thanks to my Gold Spike, I knew it was going to happen.
The very first time it “pointed the way” was back in February 2009.
And when it went off, gold gained 50 bucks in a mere 4 days.
The second time it went off, gold made a similar move. It took slightly longer to play out, but the result was just as impressive.
And again in August of last year –
Now, what I’m going to show you has nothing to do with futures or options on gold contracts.
In fact, my strategy is as simple as can be. And with it, it’s possible to take every $1 bump in the price of gold – and multiply that at least 7 times over…
I’ll show you how in a moment.
Back to my Indicator… which went off again in November of 2009…
And in February 2010 – we saw another sharp move higher –
When my “Gold Spike” Indicator goes into action, gold prices shoot higher.
You see, the “Gold Spike Indicator”, as I call it, is a specific event that only happens four times a year.
It tips me off to some of the biggest players in the gold market… Investment banks like Goldman Sachs and Morgan Stanley… and bullion banks like JP Morgan.
These giants have been building positions in gold and commodities for years… and every move they make can have an impact on the price of gold.
And when my Gold Spike Indicator flashes “GO!” – it’s because of the actions of these giant banks.
Peter Krauth is a highly regarded market analyst and expert in metals and mining stocks, with a special expertise in energy and resource-related investments.