Seasons

Tycks som om det inte gäller i år. 2004 och 2005 kom en hyfsad vårrekyl vid den här tidpunkten men i år är det tvärtom. Fast ännu är det några månader till augusti så rekylen kan komma än.

#1 läs mer ingående i texten tex. + chart

Based on traditional patterns alone, Bud Conrad, who assembled Chart D,
projects that gold could be headed to $700 this year. He calculates how fast
gold was rising over the 1976 to 1979 period and applies that to the price at
the start of this year to see how high gold might rise. The dotted line shows
the projection from history, and the solid line shows the actual so far this
year. Needless to say, we are off to a great start.

I think this could be conservative, and breaking even $750 by year-end
wouldn't surprise me. As bad as things were in the late 1970s, the last
secular bull market for gold, they are much, much worse now, by pretty much
every measure.
Whether the level of debt, the size of the entrenched and philosophically
unsound bureaucracy, the Current Account Deficit, the Forever War raging on a
nearly global basis, the entrenched and worsening problems with entitlement
programs, the trillions of perilously perched derivatives.... The list,
unfortunately, goes on. 
 

text till chartet

Chart D shows how the market could behave if the price replays the trend of the bull market of the late 1970s. You can use it as a baseline, something to watch as a way of gauging just how wild things are getting in gold and - by extension - gold stocks, over the coming year

 

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mvh
S Borin

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