GOLD 0.51% $1,391.7 gold futures

hoye,dent,faber, roubini, page-4

  1. 24,765 Posts.
    "Mate time wise this market has traced out almost identically the 71-80 bull market.... Gold shall top toward the end of 2010 or Jan 2011."

    My comments:

    What you posted time wise is not imo anywhere near "almost identical" to the 1971-1980 bullmarket. I've just checked an old chart book.

    So you say we have about another year to go. Well with another year to go at the beginning of 1979 gold was already up 600%. So gold now should be US$1750, not US$1045.

    That is certainly nowhere near your claim that "this market has traced out almost identically the 71-80 bull market."
 
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