muses of the moment

February 21, 2013

Great Gold Chart

Filed under: Gold and Silver Investing, Precious metals — totallygroovygirlfriday @ 1:39 pm

Click here for another great gold chart.

This illustrates the long gold cycle. We are in a long gold cycle (15-20 years) that started in 2000. Groovygirl stills finds is humorous, but sad, that people are always claiming a top in gold when we retraced a small percentage in relation to where we began. Martin’s next Economic Turning Point in August 2013 falls in line with this gentleman’s formula for gold.  We have had two major correction in the 12 years of this bull gold market. That is exactly what should happen in a long cycle. There is a time to sell gold, we are far from that time.

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2 Comments »

  1. GG,,

    You said ” There is a time to sell gold, we are from that time”. Did you mean to say it is time to sell gold now?

    Comment by MikePhila — February 22, 2013 @ 2:52 pm

  2. Sorry, meant to say: we are far from that time.

    gg

    Comment by totallygroovygirlfriday — February 22, 2013 @ 9:47 pm


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