I’ve just read these three articles,. Probably many of you have seen them but I thought I would post them here out of interest:

http://www.kitco.com/news/2018-07-26/Barron-s-Bearish-On-Gold-Why-That-s-A-Bullish-Development.html

https://www.socionomics.net/1999/06/science-is-validating-the-concept-of-the-wave-principle/

http://www.kitco.com/commentaries/2018-07-25/Will-The-Impending-US-Economic-Collapse-Usher-In-Socialism.html

For some reason, I hadn’t, until today realized that the number of waves in an Elliott Wave structure is a Fibonacci number, regardless of the simplicity/complexity/order of the structure. That itself, is notable (2nd article) in my view as someone who “studied” maths at university as part of a Physics course many years ago.

As for precious metals: do you consider as in the first article that it is likely that gold is putting in a fairly major low here? Ross Clark’s analysis quoted elsewhere has suggested that it is an intermediate low but doesn’t specify the magnitude of any future decline and when the final low would arrive.