Thursday, June 4, 2015

2015.06.04 Silver Cycle Model Chart

2015.06.04 Silver Cycle Model Chart



The silver cycle model suggests mild downward pressure on silver prices until the August 2015 time frame. A model run from early this year shows what to expect with extreme Z-scores. In March, 2015 a major divergence between the predictive curve and the actual price is seen, suggesting a very strong possibility of reversal, which subsequently occurred.  This is shown below and here on the blog.  And finally, a reminder that "all models are wrong, some are useful."



2015.02.23 Silver Cycle Model Chart

2 comments:

Anonymous said...

How does the gold model look as we head into nonfarm payroll later today? Thx!

Paolo said...

It has been posted! Enjoy. P.