Islamic Gold currency standard is his reason...
https://www.caseyres...-poised-to-soar
Posted 24 December 2016 - 05:50 PM
Posted 25 December 2016 - 01:18 PM
there is a grouping of cycle crossovers at the 1216.7 close pivot that are a mean reversion magnet in two weeks.
I would say a buy is confirmed $gold above that closing.
But the cycles can be down again at 7 to 10 weeks from now.
If it does transition up bigtime is a 377 week cycle rising. An initiation trust can also
bottom the nesting of 475-498 week cycles that have formed a double bottom to last year, in their 2nd harmonic component.
When I look at these stand alone 2nd harmonics in 237-250 week periods, they are very week and may not be real easily transitioning to the
real 377 week up strongly. These 2nd harmonics are not organic periods then, they are temporarily curve fitting transients.
So I'm saying the phase transition to 377 week dominant cycle up is easy and doable.
Once there is a buy signal may still be one pullback at 7-10 weeks to leverage up following the confirmation.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan