Saturday , 23 November 2024

“GOLDRUNNER: BIG PICTURE GOLD- PART 1-THE ONLY GOLD CHART YOU NEED”

Gold Bull Markets are parabolic price events caused by parabolic US Dollar printing.  As the value of the US Dollar falls, the price of Gold rises. Thus, we do NOT see the volatile swings in price for Gold like we do for paper derivatives like for Stocks.  Big money simply buys Gold, and then adds to their stash as the fundamentals of a falling Dollar continue.  The Dollar printing in the Gold Bull when the US Dollar is “free floating” with no value backing, must continue to accelerate to the end- creating the parabolic rise in Gold as the Gold price continually rises reflecting the number of lower valued Dollars that it takes to buy an ounce of Gold.

In order to devalue the massive debt, the Dollars must continue to be printed at an accelerating rate.  Thus, the rising slope of the Gold Bull will continue to accelerate like it did into 1980. The Gold Bull won’t be over until it goes pretty well vertical like it did back into 1980.  We are nowhere near the end of the Gold Bull, yet, and a comparison to the 1970’s Gold Bull suggests that Gold will rise up to the $10,000 to $12,000 level at a minimum, IF we continue to see a period of Stagflation continue like the one into 1980.

The 73 week exponential Moving average shown on the chart in red is the kind of simple indicator that can give the long-term investor the confidence to invest/ stay invested in Gold.  We can see on the chart that since the inception of the Gold Bull Market down at the “Entry for Gold Bull” label, Gold has only briefly fallen below the RED LINE 2 times.  Gold has now risen off the Red EMA support, once again, because the Fed has already printed up $1.3 Trillion Dollars that must be figured into Dollar Devaluation.  This is why Central Banks accumulated Gold at the RED LINE just above the top pointer.  The Central Banks know how many Dollars the Fed has printed since December, and the probability of the Fed printing many more Dollars.

Per a comparison to Gold at this point in the cycle in the late 70’s, the current rise in Gold will likely be the biggest rise in Gold in the History of the World.  The only thing that could stop the Gold Bull (for a brief period) is if the Fed quit printing an accelerating number of Dollars.  That would lead to a deflationary depression the size of which has never been seen by mankind.  And the only way out of it would still be a massive Dollar Devaluation that would lead to Gold going further parabolic- but with a bit of a delay.  Thus, Gold is still the no-brainer investment of a life-time, in my opinion.  The same can be said for Silver for the same reasons as above.

The time will come for general stocks, but it will come later, because Gold and Silver are seen by big money as having high intrinsic value as decided by man over thousands of years.  Go Gold?  Got Silver?

A much more extensive writing on Gold and Gold charts, where Gold might be going, and when; is linked, below, to Jim Sinclair’s site.  You will have to scroll about half way down the page, but the article is there in its entirety.

http://www.jsmineset.com/2012/09/03/in-the-news-today-1297/

As we go further in this series on “Big Picture Gold”, we will eventually merge our thoughts with those currently being added in my series on “Price Versus Value” in the series on “Dow Stock Crash.”  I’ll post the links to Part I and Part II, below, so that you can become familiar with the concepts of “price versus value.”

https://www.munknee.com/2012/09/goldrunner-dow-stock-crash-part-1/

https://www.munknee.com/2012/09/goldrunner-dow-stock-crash-part-2/

My article on THE SILVER ROCKET is linked, below

https://www.munknee.com/2012/08/goldrunner-silver-to-reach-the-60-68-level-first-and-then-possibly-much-higher/

The Gold version.

https://www.munknee.com/2012/08/goldrunners-latest-fractal-gold-review-update-of-golds-ascent-to-10000-12000/

And finally, if you need a break from all of the negativity, you might want to take time out to read the following story to a younger loved one in the family.

https://www.munknee.com/2012/09/goldrunner-lil-miss-big-enough-an-original-childrens-story-i-hope-you-will-like/

Goldrunner maintains a subscription site that covers Gold, Silver, and the Gold and Silver Stocks that can be found at;

GOLDRUNNERFRACTALANALYSIS.COM

Goldrunner is also in the process of starting a new and free public newsletter that will be delivered via e-mail, called “Goldrunner’s Fractal Corner.”  If you would like to receive this newsletter, you can send an e-mail to Goldrunner at Goldrunnerblog44@aol.com

For the moment,

Goldrunner

Sunday

09-09-12

GOLDRUNNER44@AOL.COM

 

Please understand that the above is just the opinion of a small fish in a large sea.  None of the above is intended as investment advice, but merely an opinion of the potential of what might be.  Simply put: The above is a matter of opinion and is not intended as investment advice. Information and analysis above are derived from sources and utilizing methods believed reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Comments within the text should not be construed as specific recommendations to buy or sell securities. Individuals should consult with their broker and personal financial advisors before engaging in any trading activities. Do your own due diligence regarding personal investment decisions.  In the interest of full disclosure, GOLDRUNNER is personally invested in the Precious Metals sector including various Precious Metals and other individual stocks.  GOLDRUNNER reserves the right to modify or eliminate any or all positions at any point in time.