“based off previous bulls and how much room their long term indicators have to rise.”
I don’t know anything about the Adens. But by what you said, they don’t really know too much about the system. How can they use previous bull markets for a reference??
They don’t matter anymore. The old system in my view simply started ending long ago and its in a transition. The Fed power is ending and the system is in process of righting itself, its at the end of the trend.
I think Gold could hit $2,600 this year. It really belongs at $2800 today to adjust for inflation of $140 gold in 1974 times 20 which is $2800. Its trying to right itself.