pru 2006-2007 = 2014 chart

PRU is trading almost identically as it did in 2006-2007. Go to yahoo finance and compare those charts (2006-2007) with the past 5 year chart and then the past 2 year chart.

Same exact run-up in price, decline and subsequent same sideways pattern before spiking.

If Im correct in that the 2008 gold chart is almost identical to the gold charts of 2011-2014 then gold and gold stocks are very cyclical indeed.

Will it be a repeat? The cycles say Yes.


Does China and India buy more gold than is currently mined in a given year? Yes.


Does gold have a very very strong correlation to the US debt ceiling? YES.

Is anyone in the media or analysts in general talking about that?
No.

And how much is US debt? 17 trillion.
= 1700 gold end of 2014.


Why does the Fed need until 2020 to give back Germany their gold?
Because they too know that the next bull run will last until then and they need to have it. It simply aint there and their trading gold on many multiples of the actual physical supply on the Comex.




Any questions?