Tsunami intact: gold to rise to $3,000+ by mid-year - Goldrunner

The latest technical chart analysis shows that the previously predicted gold price target of $3,000+ by mid-year remains intact despite the recent price setbacks: Everybody is waiting with bated breath for the Fed to announce the next round of QE while looking at the false pricing index rise for the Dollar.  The fact is that the Fed just announced the printing of $600 Billion of new Dollars that are yet to be factored into the $Gold price.  That $600 Billion amount is equal to the total amount of the last course of QE that jettisoned the price of gold in Dollars much higher, and we still expect the Fed to announce a round of QE on top of that so the US Government can pay its bills.