Monday , 25 September 2017


Gold Might Spike to $2,600 in June and $4,866 in January 2015

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An analysis of surprising similarities between the 5 major spikes in the price of gold since 2001 suggests that if those similarities were applied to the 5th price spike (August, 2011) going forward that it would not be unreasonable to expect a spike to $2,600 in June or July of this year and another spike – to somewhere between $4,700 and $5,050 – in January or February of 2015 .

The following analysis is from the Approximity Gold Team (gold.approximity.com) as posted* on SilverBearCafe.com under the title The Roadmap To $4,866 Gold Within 2 Years.

This article is presented compliments of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!) and may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.

Edited excerpts from the analysis are as follows:

…[Since] gold started its rise more than a decade ago [March 2001]…there have been five prominent price spikes, as follows:

  1. May of 2001 with $288.35,
  2. February of 2003 with $385.00,
  3. May of 2006 with $725.75,
  4. March of 2008 with $1,023.50,
  5. September of 2011 with $1,896.50

Expressed differently, the spikes seem to come in pairs, as follows:

  • the rise within the pairs (1 to 2 and 3 to 4) was 34% and 41%, respectively;
  • the rise from one pair to the next (2 to 3 and 4 to 5), if we assume that the most recent fifth spike belongs to a pair as well, was 89% and 85%.

If we take the middle of those two respective moves [i.e. 37.5% and 87%], and also extrapolate the times between them [21-22 months] into the future, we could try and guess what a sixth and a seventh price spike could look like (see also chart below).

Our guess would be:

  • June of 2013 at $2,603.37 (spike 6) and
  • January of 2015 at $4,865.73 (spike 7). 

[As such, we] won’t be surprised if gold goes up $1,000 in the next few months.

[Were we to apply the minimum-maximum % spreads for the next 2 spikes and the monthly time frame spans we could see gold going to somewhere between:

  • $2,541 and $2,674 by June/July 2013 (spike 6) and
  • $4,701 and $5,o54 by January/February 2015 (spike 7)]

 

target 1

The chart below shows one of the potentially most important cycles in macroeconomics.  It plots the Blue Chips of the U.S. industry (the Dow Jones Industrial Average) priced in ounces of gold.  The chart shows that when one real asset (industry) is priced in another real asset (gold), one does not get ever increasing prices, but instead major price CYCLES.

The chart implies that the amplitude of these DJIA:Gold cycles (possibly due to the increasing degree of leverage in the system) has…[continually expanded ever] since December 23, 1913, when the Federal Reserve Act established the second U.S. central bank, the “Federal Reserve” as we know it today.  [Accordingly,] a target for the DJIA:Gold ratio below 1:1 seems possible.

dowgold

 

Editor’s Note: The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.

*http://www.silverbearcafe.com/private/03.13/target.html

 

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gold-bars4

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One comment

  1. Great article and I was very interested in the upward trend it identified, question, would a chart of Silver value reveal a similar trend, if so that would add additional credibility to this article!