A Disturbing Warning From UBS: "Buy Gold" Because A 30% Bear Market Is Coming
By GCRU Gold News on Thursday, January 7 2016, 04:07 - Permalink
In 2016, we expect gold and gold mines moving into an eight-year cycle bottom as the basis for the next multi-year bull market.
A potential bottom in 2016 bottom could be a rather powerful bottom, since together with a four-year cycle low we have also an eight-year cycle low projection for this year. In this context we expect a potential 2016 low in gold to be the basis of a new multi-year bull market.