I’m thinking since we have dropped this much we might as well go for the 61 fractile while we are slumming it. And then….my hopes are the Seasonal charts begin to kick in and a pretty quick rise upwards.
I do expect to see Gold end the year with an 18-26% gain for the year. I say we just have to grit our teeth and bear the take down another 10-14 days. I was just reading an article talking about how the markets have been the tightest, meaning trading range, in 50 something years for the past 30 days. I chalk that one up to Hillary’s Election, and support thereof.
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So that means we can crunch the numbers going back nearly 54 years and eight months, give or take a few days.
Armed with these numbers, I wanted to see when the last time we had 30 trading days as tight as our current range was.
The answer is… never.”
We are witnessing a lot of strange, very, things these days, and I’m pretty sure much has to do with the Globalists, Elitists, whatever you want to call it fighting for their lives. Especially after the surprise Brexit vote.
And to add more mystery to the pot, this is on Drudge today:
FBI Chief Responds to Concern Over Cyberthreats to US Election System
And this Headline also from Drudge today:
Stealing Voter Files Was Shockingly Easy for These Hackers
All one can hope is that Trump and Gold win out in the end. The good news is we wont have too long to find out.