James Turk: Expect $2,500 Gold & Silver To Smash All-Time Highs!

• Expect $2,500 Gold & Silver To Smash All-Time Highs! 
  by www.kingworldnews.com
  Today Tom Fitzpatrick spoke with King World News about the recent surge in both gold and silver.  Fitzpatrick expects silver to smash through its all-time highs as the price of gold hits, “… $2,450 to $2,500 as we move into the first quarter of 2013.”
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  Here is what top Citi analyst Fitzpatrick had to say, along with some powerful charts:  “We now feel like we’ve at least got the first leg in what we think is the start of a move that’s going to take gold significantly higher.  Gold has broken out of the top of this triangle (see chart below), and above the downward sloping trendline.
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  That should open up the way now for a test of what we believe to be the more important level at around $1,791, which was the peak earlier in the year.  If gold can break through that level, and we believe gold will eventually, we will complete a double-bottom within the triangle, which will give a target in the region of $2,060 an ounce.
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