Posted by Deviant Investor on March 4th, 2014
Gold persistently rallied from 2001 to August 2011. Since then it has fallen rather hard – down nearly 40%. This begs the question:
What happens next?
- Did the gold bull market end at the top in August 2011 as many mainstream analysts believe?
- Was the decline during the past 2.5 years merely a correction in the ongoing bull market?
The answer, in my opinion, can be found in my gold pricing model that has accurately replicated AVERAGE gold prices after the noise of politics, news, high frequency trading, and day-to-day “management” have been purged.
I presented the specifics of my model at the Liberty Mastermind Symposium in Las Vegas on February 22, 2014. A detailed presentation would be much too long for this article, so the following is a quick summary.
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Posted by Deviant Investor on February 25th, 2014
I will be speaking at the Liberty Mastermind Symposium in Las Vegas on February 22, 2014 in Las Vegas. This article will post after the symposium.
My topic is: An Equilibrium Gold Price Model.
Why bother to create a model?
- It will project the price of gold – higher or lower – for the next several years. Will gold go down like from 1980 – 2001, or up, similar to 2009 – 2011.
- It will help evaluate the credibility of price projections from other analysts.
- It will minimize the “hope and despair” in such projections – both up and down – in the price of gold.
- It will increase confidence in your investment decisions regarding gold.
Stay tuned (as they say) for more information in March.
aka Deviant Investor
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Posted by Deviant Investor on February 18th, 2014
Maintain perspective! Skip the hope and hype, the “analysis” from vested interests, and look at facts:
- Silver closed on February 13, 2014 at $21.42.
- 50 days earlier, on December 26, 2013, it closed at $19.88
- That is about 7.7% price increase in 50 calendar days and about 11% above the December low. The silver bulls are celebrating. The silver bears are probably trying to convince themselves that a huge correction is imminent and perhaps silver will plunge to new lows.
- I personally heard Bo Polny announce on February 8 that gold and silver would have a good week. He was correct! Apparently he knew something that most of us did not.
- For some historical perspective, silver closed on April 9, 2013 at $27.88.
- 50 days later on May 29, 2013 it closed at $22.45, a loss of nearly 20%.
- Prices rise, prices fall. The same is true for housing, the Nasdaq, and Manhattan real estate.
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