Gold Has Risen 53% in 35 Weeks

Aden Forecast
"Gold's rise since June, which we call the C rise, has been the longest on record at 35 weeks and it's quickly becoming the strongest one. Gold's risen 53% since then which is close to the strongest C rise at almost 58% in 2005-2006. Gold would have to rise to around $1020 to match the strength of that C rise. Gold is super strong above $940 (basis April) and as long as that's the case, gold could reach and surpass $1000. Silver's strength has strongly outpaced gold as it reached our target level and it's now near overbought for the first time since 2006. Silver is also super strong above $18.30 (basis May)." (3/5/08)

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