Will the future gold price predict the peak in rates by a year like it did in 1980?
Lense through which I look at gold: Gold is insurance for my/my children's purchasing power in the future. No one likes to purchase insurance (home, auto, life, income, purchasing power?) but we do to protect our future interests.
Gold-
Up Arrow
1958- $35
1980- $888- peak
Horizontal Arrow
1980- $888
1999- $255- bottom
2008- $888- completed cycle
Up Arrow
2008- $888
2011- $1826- New ATH
Horizontal Arrow
2011- $1826
2015- $1055- Bottom
2020- $1826- Cycle complete
Up Arrow?
10Yr-
Up Arrow
1958- 3.3%
1980- 13%-- Peak next year at 15.7%
Down Arrow
1980- 13%
1999- 5.9% mid point in decline
2008- 3.5%
Down Arrow
2008- 3.5%
2011- 1.7%
Down Arrow
2011- 1.7%
2015- 2.3%
2020- .5% likely bottom
Up Arrow?
Lense through which I look at gold: Gold is insurance for my/my children's purchasing power in the future. No one likes to purchase insurance (home, auto, life, income, purchasing power?) but we do to protect our future interests.
Gold-
Up Arrow
1958- $35
1980- $888- peak
Horizontal Arrow
1980- $888
1999- $255- bottom
2008- $888- completed cycle
Up Arrow
2008- $888
2011- $1826- New ATH
Horizontal Arrow
2011- $1826
2015- $1055- Bottom
2020- $1826- Cycle complete
Up Arrow?
10Yr-
Up Arrow
1958- 3.3%
1980- 13%-- Peak next year at 15.7%
Down Arrow
1980- 13%
1999- 5.9% mid point in decline
2008- 3.5%
Down Arrow
2008- 3.5%
2011- 1.7%
Down Arrow
2011- 1.7%
2015- 2.3%
2020- .5% likely bottom
Up Arrow?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.