Incredible gold chart

Discussion in 'Gold' started by Gold Kiwi, May 19, 2013.

  1. Gold Kiwi

    Gold Kiwi New Member Silver Stacker

    Joined:
    Apr 3, 2010
    Messages:
    529
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    NZ
    [​IMG]
    Source: jsmineset.com

    This chart overlays the price of gold from October 2012 to now with the chart pattern from 1976. Dj vu.
     
  2. Numismatist

    Numismatist New Member

    Joined:
    Apr 8, 2013
    Messages:
    84
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
  3. boston

    boston Well-Known Member Silver Stacker

    Joined:
    Jul 7, 2009
    Messages:
    3,857
    Likes Received:
    24
    Trophy Points:
    48
    Location:
    Australia
  4. Gold Kiwi

    Gold Kiwi New Member Silver Stacker

    Joined:
    Apr 3, 2010
    Messages:
    529
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    NZ
    Who knows, but I'm starting to give more credence to Martin Armstrong's predictions. According to Armstrong, Q3 2015 is when the fireworks begin (explosion of the debt bubble).
     
  5. The Road Home

    The Road Home Member

    Joined:
    Apr 15, 2011
    Messages:
    429
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Zeta Reticuli
    Out of the few people using a mathematical methodology to 'predict' the price of commodities in this case gold, Martin Armstrong is the best with the most accurate hit list. He predicted the April low this year. I think his prediction of 'Fireworks" in 2015 could easily come true. Were I differ with his reason is not the explosion of the debt bubble but implosion of the derivatives market. This will make the debt bubble seem like the proverbial walk in the park.
     
  6. G-Log

    G-Log Member

    Joined:
    Feb 26, 2012
    Messages:
    72
    Likes Received:
    0
    Trophy Points:
    6
    Location:
    Newcastle NSW
    Yes uncanny! Looks like someone is following a script....
     
  7. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    4,499
    Likes Received:
    1,182
    Trophy Points:
    113
    Location:
    Treasure Island
    Eerily similar to what I can see now on the charts!

    If it will follow that pattern, then it will go up!

    If that happens, it takes silver with it!

    But last week 60+ % of Kitco's experts were predicting lower gold prices for this week... I wonder if that will happen.

    This is a huge spike...

    Let's stay alert to what the Fed says or does.
     

Share This Page