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I have been meaning to compare 1970 to 2000 and 2000 to 2030
Charts are pretty similar eh ?
So what comes next ?
Flatulence that’s what
Added : Quotes
1…The two enemies of human happiness are pain and boredom. Arthur Schopenhauer
2… When you pay attention to boredom it gets unbelievably interesting. Jon Kabat-Zinn
3….For boredom speaks the language of time, and it is to teach you the most valuable lesson of your life – the lesson of your utter insignificance. Joseph Brodsky
4….Boredom is just the reverse side of fascination: both depend on being outside rather than inside a situation, and one leads to the other. Arthur Schopenhauer
Read more at: https://www.brainyquote.com/quotes/keywords/boredom.html
Thanks, Fully.
Luckily we can trade DUST or NUGT for whatever direction it goes. But this mediocre chop is torturous!
If the timing is about the same, we should hit a significant bottom ~ late in 2018 or early 2019.
I see what you’re trying to accomplish by comparing the 80s to right now, but there are significant fundamental differences at the 2 different points in history. That’s why I think this *wont* be how it unfolds. My .02c
“To be bored is an insult to oneself.”
Jules Renard
Your chart of 1970 to 2000 is interesting.
Request for a gold chart from 1970 to 1986 with USD in the background will be helpful.
Thanks.
TSI rising above zero is a clue. I don’t think this pattern will repeat, but even if it does, we have a 40% rise ahead of us in the next 2 years, taking us to around $1800 gold. Miners should double or triple. I’d be happy with that. Another reason to turn more bearish in 2020.
Like the quotes Fully, they add an extra touch of class.