I had kind of noticed those patterns but in gold rather then silver – and I had thought the bottom might have been in for gold at the end of 2015. Now I’m not so sure. Gold and silver do seem perhaps to have traced out the shape of the last bear market (19 years of it) in around 7 years this time but I wouldn’t bet the farm on it.
There was also a similarity between gold’s recent bear market and the action of SILVER in its mid-70s correction that I noticed a couple of years ago but I’m not convinced by anything right now.
Right now, I would not be inclined to subscribe to anyone’s paid service because it is all conjecture in my view. (Well, except Rambus maybe – I know I ought to say that!)
Here was my 2015 interpretation of his chart showing the big drop that occurred and the potential for tradeable rallies in gold stocks. I noticed the Gann people did a really thorough analysis of previous gold stocks rallies and were monitoring the 2015-2016 rally versus those in 1982-3 and 1986-7 as well as others. I though their analysis was well done but anyway here is the graffiti’d chart:
I had kind of noticed those patterns but in gold rather then silver – and I had thought the bottom might have been in for gold at the end of 2015. Now I’m not so sure. Gold and silver do seem perhaps to have traced out the shape of the last bear market (19 years of it) in around 7 years this time but I wouldn’t bet the farm on it.
There was also a similarity between gold’s recent bear market and the action of SILVER in its mid-70s correction that I noticed a couple of years ago but I’m not convinced by anything right now.
Right now, I would not be inclined to subscribe to anyone’s paid service because it is all conjecture in my view. (Well, except Rambus maybe – I know I ought to say that!)
Right. I have a BGMI (Barron’s Gold Mining Index) chart from this guy circa 2012 predicting an upmove. Instead the HUI went down to 100, remember?
I can’t find it online as an image but you can see it on the video header here:
https://hubertmoolman.wordpress.com/2012/02/15/gold-stocks-forecast-fractal-analysis-of-the-barrons-gold-mining-index/
Look at the arrow pointing up at the end to pont (7).
Compare to the reality.
See, I love sleuthing on the internet. Here is the image, on this page dated 2012. Look at the title:
https://hubertmoolman.wordpress.com/2012/03/15/barrons-gold-mining-index-to-double-over-the-next-couple-of-years/
Here was my 2015 interpretation of his chart showing the big drop that occurred and the potential for tradeable rallies in gold stocks. I noticed the Gann people did a really thorough analysis of previous gold stocks rallies and were monitoring the 2015-2016 rally versus those in 1982-3 and 1986-7 as well as others. I though their analysis was well done but anyway here is the graffiti’d chart:
https://goldtadise.com/wp-content/uploads/2018/08/3-15-12-hgm-bgmi-long-term-analysis-HUI-stocks-etc-2015c.png
It’s time to cut through the BS. Here is what actually happened with a tribute to John Embry added in.
https://goldtadise.com/wp-content/uploads/2018/08/moolman-moment-sc-3-Embry.png