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Gold Rally Heats Up!

Larry Edelson | August 26, 2010

Gold held critical support at $1,225 this week, and now it looks like it’s preparing for an early kick off to the Autumn rally I’ve been telling you about. Also — the Dow Industrials are making their move — starting to slide down to the 9,000 level, even 8,700. Lots of action building in these markets. Watch my video for this week’s update.

Best wishes,

Larry


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Uncommon Wisdom (UWD) is published by Weiss Research, Inc. and written by Sean Brodrick, Larry Edelson, and Tony Sagami. To avoid conflicts of interest, Weiss Research and its staff do not hold positions in companies recommended in UWD, nor do we accept any compensation for such recommendations. The comments, graphs, forecasts, and indices published in UWD are based upon data whose accuracy is deemed reliable but not guaranteed. Performance returns cited are derived from our best estimates
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Larry Edelson has nearly 33 years of investing experience with a focus in the precious metals and natural resources markets. His Real Wealth Report (a monthly publication) and Resource Windfall Trader (weekly) provide a continuing education on natural resource investments, with recommendations aiming for both profit and risk management.

For more information on Real Wealth Report, click here.
For more information on Resource Windfall Trader, click here.

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{ 3 comments… read them below or add one }

Bill May August 26, 2010 am31 11:07 am at 11:07 am

Larry is the man! He seems to have the most accurate asssessment of market action I have seen in all my years of trading.

Reply

Dan August 26, 2010 pm31 12:20 pm at 12:20 pm

Appreciate your input Larry, always an interesting perspective. It’s quite possible the global masters are realizing that as the US economy contracts further and further they will have to cut oil and energy prices, otherwise the pressure on businesses will finish up what’s left of America. Just my .02 worth of what I’m seeing and hearing. Love your videos! Keep on telling the truth!

Reply

Carlos August 27, 2010 pm31 2:38 pm at 2:38 pm

Well next few years they will have to pay the baby boomers owed liabilities like social security and medicare they will have to print more like there is not tomorrow, with 120 Trillion in liabilities it is no a brainer.

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