Saturday, September 8, 2012

Does he follow Dow Theory? Legendary James Dines says bull market in gold since August 22

James Dines is a legend that is not to be taken lightly. 

In this interview given to "King World News" he says that on August 22nd it became clear that gold and silver were "ready to resume its super major bull market". He explains that there is going to be a big move.

I don't want my fundamental vision about gold and silver to interfere with the impartial verdict of the market. I only know that as per Dow Theory we are facing a primary bull market with multiple confirmation across many liquidity related markets. And I also know this is a young "leg" of the primary bull market so substantial price appreciation should follow in the coming months. Furthermore, we should not forget that gold is also under a secular bull market which also helps.

Was he following Dow Theory? This is exactly what I posted some days ago in my post "August 22, 2012. Dow Theory signals a new primary bull movement in gold and silver" which you can find here 


The Dow Theorist

No comments:

Post a Comment