Timing & Estimating Gold Top

Issue No.054 (Saturday 24 August 2019)

After some downward adjustment, Gold has resumed its rising trend.

It is time we projected the timing of this super Gold Bull and market top.

There is a 40-year maniac cycle. The Chart below goes back 40 years to find Gold soaring from end Aug 1979 (US$300 per ounce) to end Jan 1980 (US$850 peak). The corresponding period is end Aug 2019 to end Jan 2020.

The Chart forebodes spot Gold rising 2.8-fold from present US$1,525 to US$4,270 (end Jan 2020). To be conservative, let’s say Gold will reach US$3,000+ in five (5) months.

The 40-year cycle relates to the planetary positions of Jupiter and Saturn.

A rough computation is given below.

Jupiter moves 30 degrees a year.

In 40 years, Jupiter moves forward 30 x 40 =1,200 degrees.

1,200 degrees = 360 degrees x 3 + (remainder) 120 degrees

Saturn moves 12 degrees a year.

In 40 years, Saturn moves forward 12 x 40 = 480 degrees.

480 degrees = 360 degrees x 1 + (remainder) 120 degrees.

Eliminating the full cycles (1 circle = 360 degrees), we get 120 degrees for both planets.  This means after 40 years, Jupiter and Saturn are once again in the same relative longitudinal positions.

In the next post, we’ll bring planet Mars into the equation to explain the soaring Gold market.

SILVER is a better investment. Silver closes on Fri 23 Aug 2019 @US$17.40.