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January 12th, 2012 by goldswitzerland

I am very pleased to share with our clients and readers my good friend Alf Field’s latest article on gold. Alf, who is based in Sydney, is one of the world’s most prominent forecasters on gold. He now believes that gold has started a major upmove to at least $4,500. Alf Field, Eric Sprott, John Embry and Egon von Greyerz, were Keynote speakers at the recent 2011 Gold Symposium in Sydney Australia.

Egon von Greyerz

By Alf Field

There is a strong probability that the correction in the price of gold has been completed. This article has four separate sections. They are:
•The Elliott Wave (EW) justification for thinking that the correction in gold is over.
•Why corrections happen in gold from a fundamental viewpoint.
•The extent to which manipulation affects the gold price.
•A possible “black swan” event that could trigger a gold price surge.

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