by Tyler Durden
Jul 30, 2016 4:28 PM
Gold Now in a Sustained, Structural Bull Market; On Average, History
Suggests ~175% Incremental Upside -
The last time we discussed gold on the site was a few weeks back in
this post; therein we suggested a break-down in USDZAR was at hand and
that should history hold, it would help propel and/or coincide with
additional upside in the metal.
However, the above was merely a tactical, nearer-term call.
Strategically, it’s been even longer since we updated our longer-term
framework for gold.
In fact, it’s been three months since we did that in this post.
In that May piece we suggested the metal continued to track favorably
vs. our bullish expectations, but in the near-term it faced a major
test having rallied nearly +25% off its Dec-15 low, a historical
demarcation point whereby cyclical retracement rallies were either
snuffed out with a resumption of a secular bear beginning afresh, or,
the same moves continued higher, indicative of a new secular bull
being underway.
Where do we now stand vs. that +25% demarcation point?
As of month-end today, gold is up over 27% from its Dec-15 lows.
This a major milestone – any time gold has managed a move of at least
25% off a major low, it has continued higher every single time with
incremental gains ranging from 21%-412%, with the average totaling
175%.
In the chart below I’ve used the vertical, dotted green lines to show
any month where gold closed at least 25% off a major low for the first
time; the bright green annotations show the incremental upside for the
metal until another major peak was put in place following these
signals;
the red annotations show that gold’s two major head-fake rallies off
noteworthy lows – those being the 1993 and initial 1999 lows –
never managed to get to +25% off those lows, stalling out just
below +24% and +17%, respectively.
http://www.zerohedge.com/news/2016-07-30/gold-passes-major-milestone
Chinas plan to shock the world...
http://r.search.yahoo.com/_ylt=A86.J5EzFpVXKGEARRInnIlQ;_ylu=X3oDMTByb2lvbXVuBGNvbG8DZ3ExBHBvcwMxBHZ0aWQDBHNlYwNzcg--/RV=2/RE=1469417140/RO=10/RU=http%3a%2f%2fkingworldnews.com%2fchinas-plan-b-is-about-to-shock-the-world-and-the-gold-market%2f/RK=0/RS=60oW33yWY2qu.FbxadaHTHwg360-
Negative Rates to Take Gold to Heights Never Before Seen in History of Mankind (VIDEO) -
by Don Coxe:-
https://www.youtube.com/watch?v=BC3xyD0HIHM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124160597
I make the trend to be my friend -
next 6 mon would be about $0.60 + - )
by the trend bull performance -
In my opinion -
Once again gold is out of favor, even hated, in the mainstream media and investment world.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123902660
Potentially Sending Gold Prices Haywire -
To as much as $14,454 per Ounce (Or More) -
call it “G-Day.”
http://research.agorafinancial.com/research/html/rgs_pennygold_0516/?code=ERGSS638&n=RGS_pennygold_0516&email=rbalc%40yahoo.com&a=13&o=38810&s=42543&u=1630580&l=218984&r=MC2&vid=FQl-8u&g=0&ver=8
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124109136
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
- God Bless -
Recent ME News
- 23andMe to Present Preliminary Efficacy and Biomarker Data for 23ME-00610 at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting • GlobeNewswire Inc. • 04/24/2024 08:05:00 PM
- 23andMe announces CEO’s intention to pursue a potential take-private • GlobeNewswire Inc. • 04/18/2024 12:00:00 PM
- 23andMe to Present Data on Two Clinical Stage Immuno-Oncology Programs at the American Association for Cancer Research (AACR) Annual Meeting 2024 • GlobeNewswire Inc. • 04/05/2024 08:05:00 PM
- 23andMe Initiates Phase 1 Clinical Trial for its Dual Mechanism Antibody, 23ME-01473, Targeting ULBP6 • GlobeNewswire Inc. • 03/20/2024 11:30:00 AM
- 23andMe Launches New Feature Connecting Customers to Historical Individuals from Hundreds and Even Thousands of Years Ago • GlobeNewswire Inc. • 03/19/2024 12:00:00 PM
- 23andMe Launches New Genetic Reports on Common Forms of Cancer • GlobeNewswire Inc. • 03/06/2024 12:30:00 PM
- 23andMe Announces Three Presentations from Clinical-Stage Immuno-Oncology Programs at the American Association for Cancer Research (AACR) Annual Meeting 2024 • GlobeNewswire Inc. • 03/05/2024 09:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 09:36:48 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/07/2024 09:07:48 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/07/2024 09:03:56 PM
- 23andMe Reports Third Quarter Fiscal 2024 Financial Results • GlobeNewswire Inc. • 02/07/2024 09:01:00 PM
- Moneta Gold and Nighthawk Gold Complete At-Market Merger to form STLLR Gold Inc. • Business Wire • 02/06/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/31/2024 12:50:09 PM
- 23andMe Launches Month-Long Initiative to Amplify ARRAY’s “Seat16” Program for Acclaimed Film ORIGIN by Ava DuVernay • GlobeNewswire Inc. • 01/31/2024 03:12:36 AM
- Nighthawk Gold Obtains Final Court Order for the Proposed Arrangement • Business Wire • 01/30/2024 10:00:00 PM
- 23andMe to Report FY2024 Third Quarter Financial Results • GlobeNewswire Inc. • 01/24/2024 09:05:00 PM
- Moneta Gold and Nighthawk Gold Announce the Proposed Directors for the MergeCo Board • Business Wire • 01/22/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/08/2024 12:45:21 PM
- 23andMe announces further expansion of 23ME-00610 Phase 1/2a clinical trial in advanced neuroendocrine and ovarian cancer patient cohorts • GlobeNewswire Inc. • 12/19/2023 01:00:00 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 12/01/2023 09:06:04 PM
- Nighthawk and Moneta Announce At-Market Merger to Create a Leading Canadian Gold Development Company • Business Wire • 11/28/2023 12:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 09:41:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 09:40:55 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/13/2023 09:06:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 09:29:40 PM
FEATURED Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • Apr 25, 2024 8:52 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM