is gold a goner, page-95

loki01

That's a great question and I have no idea.

The gold price in USD terms would most likely decline because of USD strength.

Would strong USD be from a flight to a safe haven or the unimaginable recovery of the US economy?

The world markets have been in turmoil now for 12 years.

The normal expectation is for about 17 years on past history.

My analysis says that 17 years is more a breakout than a low, so I think a low is probably no later than 2014 in the US.

It is more probable that a test of highs comes first and then a pullback and then a break out.

You can feel the long term defeatism building and the pessimism that will infect a aging generation.

This is a prerequisite to a new massive bull market for equities.

After 12 years of a bear market, it is time to be looking for great points to invest for the long term.

And you heard this from someone who prefers bear markets.