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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Enigma who wrote (92401)1/3/2003 9:30:23 PM
From: E. Charters  Respond to of 116815
 
There is a possibility of a range between 580 and 770 developing. A safer historical support range for the last 650 years is from 350 to 450 dollars. Both could exist in the same time frame, one being the support and one being the resistance range.

Even the 12 year gold bull between 1975 and 1987 had 3 bear years and 2 sideways years.

The bears were

1975 -40,
1976 -5
1981 -310
1983 -70
1984 -73

EC<:-}



To: Enigma who wrote (92401)1/4/2003 10:12:04 PM
From: E. Charters  Respond to of 116815
 
Amgine:

The peaks are offset forward by 6-8 years except for 1900. The valleys are also offset about the same except for 1965 which is more or less correct. Gold is more a sawtooth wave with draw side to the right.

There may be more than the 44 year cycle operative. The 35.6 year cycle (1967-35.6=1931; 1967+35.6=2002.6) may be operational too. The reason is, most of gold's price swings in this kind of constant dollar chart(1997$) are actually due to the interest rate.

Message 18401640

Look in these figures for a 22 year, 11 year and 44 year cycles.

Nodes that have 35.6 or 17.8 year synchronicity are marked with a star. So I
started out thinking that only some were
synchronous, but within a year or two, they
all are. Only 1987 is not, but it may be in a forward sense (2004-2005)

Actual peaks are: *1824,*1834,*1843,*1864,*1899,*1934,*1939,*1980,1987,

Actual Valleys are: *1814,*1861,*1866,*1870,*1880,*1920,*1967,*2001?

Smoothed peaks are 1900, 1943 1986
43 year cycle --1943 and 1986 are "in error"
Smoothed valleys are 1928, 1965, ~2002?
37 year cycle for valleys. 1928 is "in error"

EC<:-}