Its been 1 3/4 years since my last update of this trendline. The breakout has come within the forecasted timing. I was going thru some old charts and realized I should post this. This new chart shows (still) where I believe we are in the cycles. Yes, I do expect a MASSIVE smash-down to come after we top out, wherever that may be. I could imagine it coincides with the eventual topping out of the stock market, 2008 style. Or, maybe before – and when gold becomes more mainstream. It sure as hell isn’t now.

$255 uptrend line update (embellished version)