9 Year Cycle Low for Gold

[GoldNugget]

9 Year Cycle lows for gold by Tim Wood posted at FinancialSense.com

The most recent secular bull market for gold began in 2001 in conjunction with that 9-year cycle low. I call this cycle a 9-year cycle because there have historically always been 9 intermediate term cycles that average approximately one year in duration, nestled within this longer term 9-year cycle. This can be seen on the chart below.

Also notice that the 9-year cycle advance out of the 1976 low topped with the 4th consecutive intermediate term cycle. Each of these intermediate term cycles is marked with an “S.” From the 1980 top there were then 5 of these intermediate term cycles down into the 1985 9-year cycle low, so there were a total of 9 annual cycles embedded within that larger 9-year cycle. From that low there were only 3 consecutively higher intermediate term cycle advances up into the 1987 9-year cycle top. Furthermore, there was then 6 intermediate term cycles to follow this top and gold again bottomed with the 9th cycle in early 1993. Notice again that there were 4 intermediate term cycle advances up into the 1996 top and 5 intermediate term cycles followed for a total of 9 cycles as the 2001 9-year cycle low bottomed.

As you can see on the chart above, gold is now in its unprecedented 6th consecutive intermediate term cycle advance up with the current 9-year cycle. Therefore, yes, this time has been very much different for gold. But nonetheless, corrections do occur as nothing moves in one direction.

[delkulara]

I see it like this.
Gold does a continual zig zag(short term) upwards(long term).
The little zags(lows),are the best buying points,if you can pinpoint them.

Great read thanks for the nugget,GoldNugget

[TGC Player]

I see the cycle you speak of, but I'm not so sure gold is all that expensive at this point, yes it's at high numbers right now but when you start factoring in inflation compared to 1980 gold is really only about half the price it was than. It may take some time yet but I see gold getting a whole lot higher before starting a seriouse down side. Great post GN

[delkulara]

TGC Player
This is true paper money is worth at least than half it was in the 80s.
I think it is much deeper.
example:
Cost of a first-class stamp: $0.15
It is now 0.52
this means it takes 3.42 times as much money to buy a stamp.

A 1980 pound of baked ham cost $1.19. Now a baked ham costs about $3.59 per pound.
3.01 times as much paper to buy ham.

In 1980 a gallon of milk sold for $1.69. Today a gallon of milk costs $2.49.
MILK HAS NOT EVEN DOUBLED!

In 1980 a dozen eggs cost 69 cents. Today a dozen large eggs costs 89 cents.
has only gone up 20 cents in 36 years.
Somthing smells fishy in the hen/fed house.

prices from http://www.kpcnews.net/special-secti...ections11.html

but if you look at an inflation calculator
it says 15 cents should be only .38 cents today.
http://www.westegg.com/inflation/
What this tells me is that the feds have messed up the whole economy.

So what I am attempting to show is that inflation is double for paper money itself,but not the actual products services & commodities,THEY HAVE BEEN TAMPERED WITH!
TRUTH IS the ARTIFICIAL price fixing of individual markets has gone haywire and does not match inflation at all.

This is reason to invest in gold.
One day people of the world might likely return to moneys based on the commodities & not on illusorily economics that alter and fix prices on the commodities to places commodities should not be at,only due to the ARTIFICIAL ADJUSTMENTS,SUBSIDIES,and LINED POCKETS BEHIND CLOSED DOORS!

One day people shall wake up and see that to produce fuel you can run a small current thru water and make hydrogen and oxygen.And that oil is like wood better used for other things now that technology has stepped mankind further ahead.



Aloha