The last gold bull went parabolic, with the parabola eventually ‘breaking’ in 2013. The next one (now underway) will also be parabolic in nature. If you want to know why, just take a look at the unit we measure the ‘value’ of gold in – the dollar. That is going parabolic (and not in a good way)…

 

 

The US national debt is in a long term, unstoppable parabola. It’s anyones guess how this might end, but this upcoming bust is going to be a doozie.

Anyway, I’ve plotted the gold price in dollars, with a new parabolic uptrend, superimposed the cycles, and come up with a possible ‘road map’. Hope you find it useful…