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

2017.12.22 XOI.X Cycle Model Chart

2017.12.22 XOI.X Cycle Model Chart

The XOI.X cycle model continues to suggest higher levels for the index going forward into the Spring of 2018.  As can be seen from the previous iteration shown below and here on the blog, the level is increasing as predicted, suggesting perhaps a slow down of the annoying right phase shift, though there is still a large discrepancy between the predicted and actual curves.  In any case, lower levels for the index are highly unlikely going forward, if the model is correct.

2017.09.22 XOI.X Cycle Model Chart

2017.11.17 Gold Cycle Model Chart

2017.11.17 Gold cycle Model Chart

As it turned out, the rightward phase shift in the gold cycle model continued, and while it looks  highly unlikely that the gold price will drop below ~$1300 going into 2018, there is no guarantee that the right phase shift will end soon.