The Aden Sisters have published a very interesting gold chart. The chart shows important lows occurring every 7 to 8.5 years since December 1969. The fascinating thing is that in all cases except one, gold rallied to a significant peak ~11 years after each 8 year low.
Should gold continue to follow this pattern, we'll see an important peak in gold in ~2011-12, followed by an important low in ~2016, with another major peak in ~2019.
The ~2019 projection of a major top is intriguing because Terry Laundry writes about 20 year gold cycles, and forecasts the current gold bull trend to end in ~2020.
Terry also suggests that ~2016 could be the 40 year cycle low in stocks. If there's a huge sell off in equities, gold could go down for the ride. See the summer and fall of 2008.
Why the Coen Brothers Stopped Making Movies Together
20 hours ago
ur on fire, keep it coming!
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