1972-2026

Very quiet day at work so I got bored and I did some mathematical doodling for kicks and giggles.

I came up with these numbers.

Gold price 1972 to 1976 (election yr 1976)

Gold went from $35 to $195 to $103

Price from bottom to top x 5.5

Price retracement 57%

Gold price 1976 to 1999 (election year 2000)

Gold went from $103 to $704 to $255

Price from bottom to top x 7

Price retracement 75%

Gold Price 1999 to 2015 (election year 2016)

Gold went from $255 to $1827 to $1060

Price from bottom to top x 7

Price retracement 50%

POTENTIAL GOLD TARGETS 2015 to 2032?? (election year 2028/2032)

1060 x 5.5 = $5830

1060 x 7 = $7420

Retracement from $7420

50% – $4240

75% – $2650

Retracement from $5830

50% – $3445

75% – $2253

 

Could Gold top off around $7400 by 2028 and then retrace 50% to $4240 by 2032.

Nothing serious here … just killing time 🙂