Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Charts: Gold to Hit $1,040 ‘Very Quickly’; S&P to Weaken

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Lisa Auret
CNBC
Wednesday, August 26, 2009

Gold’s “breaking out” to a higher level as imminent, Chris Locke, managing director at Oystertrade.com Management, told CNBC Wednesday, as other analysts have said the precious metal could shine again as inflation fears resurface.

“We’re on this point of the market making a substantial move to the upside,” Locke said.

“We will see the market move through the bull market highs of $1,040 very, very quickly,” he added.

The S&P 500 index has maintained its uptrend from the March lows and the next target for it is 1,050, Locke said. But for the fall period, Locke sees the index weakening.

Full article here

Charts: Gold to Hit $1,040 Very Quickly; S&P to Weaken  150709banner2

This article was posted: Wednesday, August 26, 2009 at 3:37 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
The Truth About U.S. Air Strikes on Syria With Syrian Girl See the rest on the Alex Jones YouTube channel.

Mysterious Georgia Guidestones Get Strange '2014' Update See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.