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| 2014.12.31 Gold Cycle Model Chart |
The gold cycle model strongly suggests higher prices through 2015 and into 2016. The usual caveat is that the time estimates for price curve maxima and minima are more accurate than the price predictions at the turns.
2 comments:
the Oil to Gold ratio has been in a wide range from 8 to 20 (8-20 fold oil equals gold) for the past 30, 40 50 years. IF gold were to go to 1600 even. the price of oil would have to be at minimum 80$/barrel. your oil model has oil prices coming down, your gold model has gold going up...seems interesting/unusual..Unless this 50+ year relationship breaks down
I agree with the prior Jan. 1st. comment. Also the charts indicate that the US$ Index should continue to go up (note this is in conformance to the negative correlation of the US$ vs. Gold).
I appreciate the work that you have been doing - keep it up.
I think I have commented in the past as bat75.
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