Gold Trader: “I Think We Are Starting The Bubble Phase In Gold”

Posted by Tekoa Da Silva - Bull Market Thinking

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traders1I had the chance to reconnect with technical gold trader Gary Savage, publisher of the Smart Money Tracker daily gold market commentary and trading service, which has outperformed most of the world’s hedge funds in 2011 and 2012.

It was a powerful conversation as Gary indicated that gold has finally confirmed a breakout, which if holds, suggests we are likely entering the next “C-wave” move or final “bubble phase”.

With the completion of yesterday’s breakout in gold, Gary noted that,

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