Looking at the parabolic rise in 1980 and the huge cci spike, in comparison the 2011 peak is weak and not really parabolic, which is what Martin Armstrong has argued that Gold still has much farther to go on the upside.... $5000 area but first some more damage may occur, perhaps into the $1000 area or even touching the 1980 high.
My own work called for current peak last August and I am looking for a low this month around the 22-25 of Oct, then rally into late Dec or early Jan. I am also seeing a large peak in Silver next summer 2014 so Gold should go up too.
My final peak should happen in 2016-17 followed by a huge low in 2032 which is also Armstrong pi cycle model peak.
My own work called for current peak last August and I am looking for a low this month around the 22-25 of Oct, then rally into late Dec or early Jan. I am also seeing a large peak in Silver next summer 2014 so Gold should go up too.
My final peak should happen in 2016-17 followed by a huge low in 2032 which is also Armstrong pi cycle model peak.