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Strategies & Market Trends : Ride the Tiger with CD
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To: TheSlowLane who wrote (205220)10/19/2011 6:30:16 PM
From: Canuck Dave2 Recommendations  Read Replies (4) of 313061
 
Been looking at the gold chart closely the past few days and had a scary thought.

Gold has been advancing/consolidating in pretty regular increments since 2000. The consolidation periods have been averaging about 16 months or so. Let's say we hit a peak in July this year, which would make the next upthrust start around... November 2012.

Oh crap, it fits perfectly.

CD
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