Falling off the cliff (Lonmin PLC Elliott Wave update)
Over two months ago we have published our Elliott Wave forecast for the Lonmin PLC describing the topping formation in progress (see the link): ‘The Lonmin is expected to stage a final sell-off during the next few months prior to beginning the new bull market. Basis Elliott Wave analysis, the advance that began from the […]Continue reading «Falling off the cliff (Lonmin PLC Elliott Wave update)»
An Update of Precious Metals & the ‘Inflation-Pop’
Even though bearish precious metal forecasts have dominated the investment scene over the last several months, it was very noticeable that social media interest ‘spiked’ when gold recently broke below the 18-month horizontal lows of 1180.00+/- during the late-October sell-off. The Bank of Japan (BOJ) had just announced the expansion of its quantitative easing programme […]Continue reading «An Update of Precious Metals & the ‘Inflation-Pop’ »