kingworldnews.com / March 14, 2013
Today top Citi analyst Tom Fitzpatrick issued a bullish call for gold and now believes that gold is poised to surge more than $460 which would take the metals of kings well over the critical $2,000 level. Fitzpatrick stated,”… our growing conviction at this stage is that the lows in Gold may already be in place.”
Here is what top Citi analyst Fitzpatrick had to say in his latest report, along with 7 powerful charts: “Weakness in Chinese Iron Ore Imports, weakness in Chinese Asset markets, a bullish USD, USDCNY at the lows, a cheap Gold price, how are they linked and what could it mean? These charts may help…
The setups (on the above chart) clearly indicate a move lower by the tune of 9%-11% and at a time when Chinese asset markets are looking vulnerable.