Gold Bear 7 Years Old…Now What ?
If you are investing in Gold and its Associated Derivitives ( Miners)
You Need to see these charts from Rambus.
You really do !
https://rambus1.com/2018/05/19/late-friday-night-charts-72/
PS.
At the end of 2011 Rambus Chartology went to Pay format. He chose to do so at our urging because he was seeing an important long term Top developing in PMs and he felt a Lot of Rabid Goldbugs would be caught off guard and suffer yet again. The few that fought their bias and joined the site at that time were spared a devastating financial hit.
Rambus had been successfully charting the Great Golden Bull for many years and posting here at Goldtent for free in its previous incarnation as a Rabid Goldbug site . in 2008 he was literally booed off the Forum for turning bearish at the top. I Fullgoldcrown was a leader of the pack !
When Rambus graciously contacted me in 2011 and started sending charts showing another even greater top developing I posted them here on his behalf and soon found myself persona non grata . The rift lead ultimately to a complete abandonment by the original Goldtent members…Not one remained. So we repackaged this url and slowly it became TA Paradise. https://goldtadise.com/?p=338520
7 Years and counting this Viscous PM Bear has been charted and watched closely on this site. When will it end ?
2019-2020
I should add that my target is based upon GFC 2.0 occurring. As to the reasons for it I can’t say but it would be a repeat of the panic ‘sell everything” of 2008-2009.
Then my previous post begins to become more pertinent:
https://goldtadise.com/?p=418453
What a time to be alive!!!
https://www.youtube.com/watch?v=TfyaW-aDV44
Also, if you can sell on the way down, buy on the way back up and have a reasonable amount of capital to begin with, you’ll make millions.
So, in summary, down a bit (see my post over at Rambus’ forum), up to $1550-$1800, down again to $550 – $700, then the next 8-10 year gold bull market begins.
Im not too sure about the timing because the peak of the gold cycle and so-called k-wave are around 2026 as far as I can tell. I was expecting a viscious drop down into 2023 (but I suppose it could be sooner – I’ll
need to do some more work on that when I’m back from my current vacation). followed by a final peak in 2026.