The last time we looked at the NDX and CSCO, we considered the Nov. 2012 low as a Hurst 4.5 year cycle low. In retrospect, this certainly appears to be the case and helps to explain the strong rally in US markets from that low. This implies, in the world […]
SilentOne
17 posts
Given gold’s recent price action, have we seen a secular peak for the metal? While I was not quite sure early in 2013, I don’t think there is any question in my mind today. The high seen in 2011 can be equated to the 1980 and 1947 highs, tops seen […]
Given gold’s recent price action, have we seen a secular peak for the metal? While I was not quite sure early in 2013, I don’t think there is any question in my mind today. The high seen in 2011 can be equated to the 1980 and 1947 highs, tops seen […]
Early this year I expected important turning points for precious metals. This was primarily based on a long term USD analysis. Precious metals have turned quite bearish in recent months suggesting long term secular tops have been seen in the metals. While this is still likely the case, a 4 […]
In my first post here in Dec. ( CSCO Long Term Hurst Cycles) I suggested that the 18 month and 4.5 year cycle low may have arrived mid-Nov. for CSCO and the Nasdaq. Having had a closer look at several aspects of these markets, I have to withdraw that presumption. […]
As a follow up to the USD Index analysis, a look at the precious metals group is warranted. I wanted to see if I could fit an appropriate outlook for the metals vis-a-vis a likely USD devaluation. If commodities are approaching a blow-off move, and possibly a culmination of the […]
I had suggested in a web posting this summer that the USD index was entering a bearish phase. Let’s look at the current Hurst phasing and what has happened since. The long term phasing that I favor is as follows. The last 9 and 18 year nested cycle lows occurred […]