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Thanks to this similarity in events, as well as the similarity in sequence, of the price
movement of silver from the beginning of 1966 to the beginning of 1980 with the end of 1999 to the end 2013, my analysis suggests that silver will comfortably pass $150 by that date. Let me explain my rationale. Words: 338
So says Hubert Moolman (http://hubertmoolman.wordpress.com) in edited excerpts from his original article which Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has further edited below for length and clarity – see Editor’s Note at the bottom of the page. (This paragraph must be included in any article re-posting to avoid copyright infringement.)
Moolman goes on to say, in heavily edited excerpts:
In the chart below I have highlighted two fractals (or patterns), marked 1 to 4, which appear similar and in which you can see that:
- There was a significant peak in the Dow (1973 and 2007) between point 1 and 2 of both fractals.
- Both peaks in the Dow came about 7 years after the peak (prior to point 1) in the Dow/Gold ratio.
- The oil price made a significant peak, after point 2 of both fractals, about 8 years after the peak in the Dow/Gold ratio, i.e. in 1974 and 2008.
- We still have about two years before we get a top like we had in 1980. That is 14 years after the Dow/Gold ratio top (beginning of 1966 to the beginning of 1980 vs the end of 1999 to the end 2013).
From a price point of view, …if the two patterns indicated continue their similarity, it would be reasonable to expect the final top of the current pattern to go higher than $150. Why? If you measure the price movement from point 1 to point 2, in the first pattern, and compare it to the price movement from point 4 to 5, you will find that the movement from point 4 to 5 is at least 7.6 times larger.
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Currently, the movement from 4 to the $49 in April of 2011 is only about 1.65 times larger than the movement from point 1 to 2. If [silver] follows the first pattern, and grows at least 7.6 times greater, silver will comfortably pass $150.
*http://hubertmoolman.wordpress.com/2012/03/11/silver-price-forecast-long-term-silver-chart-analysis-indicates-why-silver-is-likely-to-pass-150/
Editor’s Note: The above article has been has edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.
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