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Gold and Commodities

Oil and Silver had their typical 10-15x rise seen in previous Commodities bull markets but the market likes to fool the most, and this time each commodity is doing its parabolic rise at different times keeping traders guessing.

Right now, Gold is the only one making new highs and looks like the candidate for the next parabolic rise to 10-15x or 2,500-3750 with the next 33-66-132 months or 5.5-11 year Solar Cycle turn near Oct-Nov 2011 and the series of late 2000 High, 2003 Low, 2006 High, early 2009 Low suggest a late 2011 High.

This agrees with the series of 8 year cycle highs in Gold since the January 1980 High, followed by Jan 1988, Jan 1996, Jan 2004, and Jan 2012 +/- 1 month?

This and other Live Charts at http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3729231

Performance versus the US Dollar
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We can still see weakness into November before it starts as seen in the last three 8 year cycles.


The last three 8 year Cycle Highs in Gold


The 8 year cycle has been quite accurate with Gold since the 1980 high marking Lows in 1977, 1985, 1993, 2001 and 2009 but also Highs in 1979, 1987, 1995, 2003 and 2011? We can see from the charts of the last three highs that it is quite common to see a May high, a Summer low before the rally into year end that could turn parabolic for Gold since it should eventually do so following in the footsteps of Oil and Silver.

In fact, we should get a pull back into mid August as I forecasted last week from the monthly cycle.

SPDR Gold Trust Shares
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Looking at the 22 month cycle of highs in Gold, I would expect a high in early September or October, but if Gold starts to go parabolic, then I expect an overshoot of the 22 month cycle for the 8 year cycle high and a December or January 2012 high.

Spot Gold
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