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Thanks F+B, It is quite the breakout. Even though gold is...

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  1. 570 Posts.
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    Thanks F+B, It is quite the breakout. Even though gold is soaring like crazy, outside of corrections it feels to me like a super cycle move, just the start. This inflation-adjusted 100-year chart https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart shows two prior moves I lived through that remind me of today. It was the Jan 1979 breaking of the prior high, and the Septish 2009 breaking of March 2008 highs. In both cases about 2.5 baggers pretty fast. There is one diffrence, this time we have a 54-year Cup and Handle to break to all time inflation adj gold highs.

    The negative is we are at all-time highs on that chart. I am so old remember both super cycles. It has that feel right now. So with some wiggles think we are going higher. Your thoughts on the chart I posted? Hmm does not seem to insert Gold Prices - 100 Year Historical Chart



 
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