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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: jazz_lover who wrote (137450)	12/27/2017 7:28:58 PM
From: Maurice Winn	2 Recommendations Recommended By bart13 louel Read Replies (1) \| Respond to of 217906

My predictions [a year in advance each time] for 4 years were precisely on the money. It was spooky how accurate I was. And my last prediction, that gold price would be so volatile I could no longer predict with my usual double your money back guarantee, was also right, with gold going from $1927 to $1150. I have been thinking it's time to get back into the gold prediction business. The global financial crisis is over, but umpty $trillions are stacked up with no visible means of repaying loans or funding entitlements, so at any time there could be a replay with an order of magnitude greater destruction than in the GFC. Oil is messing around near $50 a barrel and gold is made out of oil so that sets an upper bound on gold in the absence of a new financial panic. Bitcoin is a bit of information about fear of fiat money and the total of cybermoney got upwards $500 billion before the big sell-off, so it's being taken seriously by a lot of people. Cutting to the chase, for 31 December 2018, I hereby predict gold will be, hmmm, oil could go down even while monetary dilution continues apace because OPEC is trying to keep production low to avoid a price collapse. But photovoltaics are being produced by the megaton s700o they have serious competition. Meanwhile monetary dilution is a metaphysical certitude so the pressure is on. Peak People is still 20 years away. When gold was $35 an ounce, oil was $2 a barrel = a ratio of 17:1 With oil at $50, a ratio of 20:1 gives $1000. When oil zoomed in the 1970s and so did gold, because monetary mangulation was being done the ratio moved around a bit. So when gold was $700 and oil was $35 the ratio was about 20:1. Oil fell to $12 a barrel and gold to about $270 for about the same ratio. Gold isn't made only from oil, but it's a big component. Phlogiston and other magic and supply and demand, wishful thinking, fear and greed also help make gold. So it's tough to predict precisely. But 31 December 2018 should see gold at exactly $1377. Electric cars and other oil replacements aren't going to be a big deal this year, so there's not a lot of pressure to cut oil prices a lot. And people love flying around in A380s. And the economy's going well with spending meaning more oil consumption rather than less. I won't bother with confidence intervals for that prediction as it's good for 4 significant figures to 99% probability. I should offer my double your money back guarantee. Mqurice