2018.01.19 XOI.X Cycle Model Chart

2018.01.19 XOI.X Cycle Model Chart

The cycle model for XOI.X suggests that the basing process over the past year may be ending, and there is strong pressure for an increase in the index values moving into Spring of 2018. One of the stronger cycles that appears in this model is ~11.6 years, which coincides with the solar cycle length, and sky watchers are aware that we are entering a solar minimum.  Of course, correlation does not prove causation, and the model can be wrong.  However, I find it pretty interesting!  My USO medium Term AI model also continues to suggest higher prices as well. The previous output of the cycle model is shown below and here on the blog.

2017.12.22 XOI.X Cycle Model Chart

2017.01.11 Silver Cycle Model Chart

2018.01.11 Silver Cycle Model Chart

This is the same model, and I thought it might not converge since it took more iterations than average, but it clearly shows, if it is correct, that the price has reached a local maximum at the beginning of this year. Going forward, we should expect to see lower silver prices.  As can happen with these kinds of models, the local maximum may have been predicted relatively well in time, however the magnitude was much lower than expected.

For anyone who has purchased a silver model since 2017.01.01, please contact me via the secure portal on the site, and I will be happy to send you a new version of the long term predictions at no cost.

The previous iteration can be found here and below.

2017.10.20 Silver Cycle Model Chart