gee volt,yur reminder on bubbles and in particularprecious...

gee volt,

yur reminder on bubbles and in particular
precious metals is uncanny...

earlier on in the year i made some predictions
using cycles and EWT...

interesting results...

in a nutshell the 'pause zone' which is really
a half way point or SPAN mav's cross, ended up
being a corrective wave and topped out (5th wave)
around $48 (predicted top just over $50)

looks like the current 18m cycle (from early 2010)
has topped out hence the current correction

the longer term cycle from 2009 looks to have topped
out as well and along with a parabolic move, historical
resistance being hit, completion of what looks like
an impulsive move, and possibly a large 'b' wave being
completed as well, the probability has substantially
risen for a longer term corrective move...(perhaps
a deflation of the bubble?)

earlier charts:






current charts: