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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: zamboz who wrote (25325)	12/8/2009 6:14:09 PM
From: Real Man	Read Replies (1) \| Respond to of 71456

No, we did not, and we are somewhere in the beginning of 1977 on this scale, starting Wave C of gold bull after a B-correction last year (75-76). So, gold should be going to some upper multi-K number over the next few years, maybe even into double digit multi-K number. Depends on the number of stimuluses -g- Gold usually has a 9-year long term cycle. The bull goes roughly as 6 year run/3 year correction. The bear cycle is 3 years up/6 years down. The manic cycle is the first bear cycle, but these 3 up years are a spectacular run. -g-

To: zamboz who wrote (25325)	12/9/2009 10:28:01 AM
From: Real Man	Read Replies (2) \| Respond to of 71456

My best guess is gold will be stuck between low 1,100-ish and upper 1,100-ish-1225 for a couple of months or less, forming a contracting triangle and correcting the exuberance. Overall, every bull is different, and we probably can't use the 1970-s model now. All bulls do have 3 stages, thou, and it is very unlikely the bull will die after making a new 28 year high early last year and breaking above it now. At least a triple longer term, I would say, if not more. -g-