|2015.07.17 Gold Cycle Model Chart|
The gold cycle model stubbornly suggests higher gold prices into the Fall, 2015. At the end of 2008, there was a similar period of time where the z-score was just over 4 and a reversal occurred. You can see this in the long term chart area. The previous iteration is shown below and here on the blog.
|2015.06.05 Gold Cycle Model Chart|