Where’s our Gary?
I’m not a frequent poster here at the Tent. I post more over on Rambus’s forum, but there was a particular analog by Poster Gary that was very very interesting.
I’m not sure if he’s a lurker at the moment at all but just wondering if we could see if the decline into the bottom in December broke anything with regards to his analog?
If you are out there Sir Gary would be a gift to the masses for sure. Humbly. Wazcam.
Still here! :o)
IMO, nothing broken yet. Taking a look at the analogs; in 1976/77 gold consolidated into Feb. Then it climbed steadily – and quickly into its next target. Interestingly, the analogs line up for Feb. Meaning Feb, 1977 is the same as Feb, 2017. If things rhyme for the next move, gold would need to rip higher from Feb-ish to May-ish.
Excellent work Gary. Do you see a pullback coming soon?
Have no idea whatsoever. The price already fell WAY below what I thought was possible. Until we break and hold above $1300, I am really not impressed. But I still believe that will happen in the 1st half of 2017.
In a blur we are only 80 dollar or so away after being 180 away.