The Gold Tsunami analogy continues, and it goes like this……..
“The Dollar Inflation psychology pulled back out into the sea, taking the price of Gold with it.
Those of a deflation bent ran amok on the naked sea bed for a bit, acting like the Dollar Inflation and Gold Price run was over.
"Suddenly, the new wave of paper currency inflation popped up on the horizon last week, and many Dow Stock ‘Crashers’ were mowed down with the early start of the tidal wave of Dollar Inflation and rise in Gold.
"Many ran back to the shore and looked back to watch as the waters approach the shore, but the tidal wave of paper currency inflation is just starting its acceleration that might well propel Gold much higher into the middle of 2012 than practically anyone thinks.
"Everybody can see the symmetrical triangle forming on the Gold chart, but few really believe the size of the move in Gold that is possible on this door step of the ‘Fractal Gold Cycle’ as seen in the late 70’s.” [click over to read the rest]