Don’t Drool on the Gold

[Junior]

As much as I love silver, gold captivates more audiences. @HawkHybrid Please take note of the following and enjoy:

* All prices in USD *

Graph 1 

- shows the gold bull market from 1970 to 1980 (red box) with a mid-cycle correction. 
- shows the current gold bull market from 1999 to present (blue box). The mid-cycle correction has come and gone, but we have not reached the peak of the market yet.

Graph 2

- shows the 1970-1980 gold bull market (yellow line) uncompressed. 
- shows the 1999-present gold bull market (green line) compressed. 
* Take note of the two scales; one on left side in yellow (70s bull run pricing) and one on right side in green (99-present bull run pricing). Both are logarithmic. *

History does repeat itself. It might of taken 2.42 times longer than the 70s bull run, but the present bull run will have greater magnitude. Estimated November 9th, 2023 at a price of $11,250 USD. 

Courtesy of Mike Maloney and GoldSilver.com

It can be said that 90% of the move comes with the last 10% of time ~ David Morgan

Edited January 17, 2022 by Junior

[flyingveepixie]

Interesting comparisons. 

[LawrenceChard]

16 hours ago, Junior said:

Don’t Drool on the Gold

It's OK to drool on gold, it cleans off with no problem.

Now with silver, it could cause all sorts of problems.

 

 

[Junior]

18 hours ago, LawrenceChard said:

Now with silver, it could cause all sorts of problems.

 

So that’s the true source of milk spots!

[Arganto]

Let's hope it's drool!

 

 

Sorry, I'll pick the low bar up on my way out to get my coat...