Four weeks ago I debated the magnitude of the trough on 4 October 2011. Either the 80-day cycle or the 18-month cycle was the longest cycle experiencing a trough on that date. The debate is still unresolved, although I continue to favor the 80-day cycle option. The first 40-day cycle since that trough has most likely […]
Aren’t the markets constantly fascinating? If I had written this Outlook yesterday, I would have been questioning again the designation of the trough on 4 October 2011 as an 80-day cycle trough, which places us within the final 80-day cycle leading into the 18-month cycle trough that we have been discussing (a trough that is […]
I am back from my travels and recovering from the obligatory “airline flu” (the flight from Toronto to Rome is not really a whole lot of fun), and it is now time to look at Gold again. The price movement has been perfectly in line with our analysis, and so there is no change to my […]
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