Loading ...Sam — VLT gold EW
Per comments posted today.
Basically, in line with his views and mine of gold’s long term path, as first articulated going back to 2014 now.
The squiggles can be confounding at times, but the overall count keeps you on track.
PS – For those wondering, my take on this is that blue II goes back to 1970.
Pedro…you are a provocative son of a gun
What’s that bottom ? $500 ?
This place will be a Morgue !
sheesh
First digest this years 1500 and imagine 4 and 5 with more volatility.
What is the reasoning for C? I get the count but the price makes absolutely no sense my me brain. Is the dollar going to double in value?
5 C IV bottom is the price that I cant wrap my head around.
Gary, the reasoning for C are two fold based on these assumptions: A global credit default bringing in SuperCycle EW IV.
I posted another possibility and am receiving ‘crickets’ to my post. I too obviously I find it difficult to reconcile this
scenario. It flies in the face of NorthStar’s $9,000 gold along with Spock’s work on the commodities cycle.