Oct 28 ESL wrote: ".......The combined EGM model plus TA as of this eveing, indicates a buy-back or reinvestment of 1/3 of your trading position into pure gold investments - eg Physical, ETFs, Futures or Options. Investment in individual shares is warranted only as TA suggests, and most have not given the "go" signal yet......."
A quick update this evening. The TA component of the EGM model is a whisker away from giving the goahead to purchase the 2nd one third part investment of a trading position into pure gold investments. This event *will* trigger Thursday, barring a severe overnight crash on some wildcard swan event carrying over into tomorrow's NY futures, so it's fairly safe to make the call a day ahead and hopefully capture a bit more upside compared to waiting another 24 hours. I'm also testing a new component of the model that predicts a run to as high as $1764 Thursday.......TA says AUM put in a bottom yesterday and is poised to make a run towards it's first target of a shade under $10.
