Gold and Silver Poised For A Huge Bull Run

in steemsilvergold •  7 years ago 

I posted this chart last Summer...

Chart223parabolicbreakout.PNG

Chart224Gold.PNG

I also posted this...

Chart238Gold.PNG

along with this...

Chart242DXY.PNG

All of which led me to speculate with this chart...

Chart261Gold.PNG

I believe all of these charts are still relevant, and I’ve just taken another ‘big picture’ look at where we’re heading. This is what I'm seeing...

Chart351gold.PNG

Chart350gold.PNG

The numbers do look far-fetched at this point. I’m less confident about specific numbers/targets than the fact that we are going to see large/very large gains in the next 7 or 8 years. We’re short term overbought on many of the indicators right now and a healthy pullback can be expected sometime in the next few days. Long term chartology seems very clear to me though, and unless important support lines fail, I have no reason to doubt the thesis that we have a very large cyclical bull ahead of us, peaking sometime in the 2025-2026 timeframe.

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This is a very complex market and it is very difficult to predict what prices will be on metals in such a distant future

I agree - the exact price is almost impossible to predict, but a new all time high between 2019 and 2026 is a certainty.