Gold Price Forecast 2015: Owing More Than Half Of The World’s Gold
It is scary to think that a debt of about half of all the estimated world gold reserves has been amassed in 7 years.
It is scary to think that a debt of about half of all the estimated world gold reserves has been amassed in 7 years.
Gold and Silver Forecast 2013 For gold to rise to levels significantly higher than the recent high of $1920, a new impetus is needed. Without additional energy from such an impetus, gold could just trade sideways for a very long time, or even fall further. There is only so much value in the world economy,…
Gold Price Forecast: Gold Update Here are a few patterns that might explain the current fall in the gold price, as well as, provide the possible way forward. Below is a graphic (all charts are from fxstreet.com) which compares the current pattern on gold (about July 2011 to current) to a 2007 pattern: On both…
Gold/Platinum Ratio suggests much higher gold prices are coming There is an interesting pattern developing on the Gold/Platinum Ratio. This pattern is similar to a pattern on the silver chart. Below, is a graphic which features the Gold/Platinum Ratio chart (top) as well as the silver chart (bottom): The graphic is self-explanatory, and…
Below, is an extract of my Gold Premium Update for 23 January 2012: Gold is at a “sweet spot” at a moment; pullbacks should be aggressively bought. It just needs a trigger to launch it for the most spectacular rally since the late 70’s. I believe that trigger is likely to be the crash (or…
Gold Chart Analysis: If the current gold bull market was to follow the timing and extent of the 70s bull market,the gold price would reach $6000 before 2014. See the image (below) or video for more information. Subscribe to my free silver and gold newsletter or premium service. I have also recently completed a fractal…
Gold Price Forecast 2012 – Video For more detailed analysis of gold, silver and the Dow, you are welcome to subscribe to my free newsletter (on sidebar) or premium service. Also consider my fractal analysis report on gold, silver and gold mining. Warm regards and God bless, Hubert https://hubertmoolman.wordpress.com/ (gold & silver newsletter) hubert@hgmandassociates.co.za “And…
I must admit that I do not prescribe to the 2012 end of the world or end of an era phenomenon; however, my recent analysis suggests that 2012 could indeed be a very significant year. I have been following a fractal (pattern) on the Dow chart for the last couple of years. I have written…
Silver and Gold Market Price Forecast I think that buying silver today is like buying gold for $554 an ounce. Let me explain: As I am writing, silver is currently trading at about 65.2% (32.6/50) of its 1980 high. If gold was trading at 65.2% of its 1980 high, it would be trading at $554…
Gold Forecast 2012 The last three major bull markets of the Dow were followed by a bull market in gold. This is no coincidence, since these massive bull markets have been mostly driven by the huge expansion of the money supply. When this expansion of credit is exhausted, the confidence in all things (like stocks)…
The Rand gold price appears to be at, or very close to a major buy point. In a previous article, I highlighted a possible symmetrical triangle, which then, was an indication of much higher prices in the near and more distant future. This pattern is now setting up nicely, and performing all the technical confirmations…
The month of July has been quite an uncomfortable month in the gold market. The gold price has dropped a whopping $80 since 30 June. Despite this big drop, the formidable uptrend in the gold price is still well intact. Therefore, I believe there is no need to panic. Before I look at where I…