I decided to get together with a mathematician friend of mine who is a long time aerospace engineer by trade. My friend has no inclinations about gold or stocks in general. I mean the guy owns 1 house, 1 car, 1 dog and has the rest of most everything (in cash) stuffed away in US Treasuries. So I thought he would be the ideal person to have a look from a neutral perspective to analyze what possibilities could exist for the gold price in the coming years.
After working out a few interesting probabilities, we figured out pretty quickly that the best way to visualize any future outcomes in a meaningful way would be to look at what percentage gains in gold have been made at prior tops and then to look at the timespans involved in making those tops. What we came up with was a very realistic and achievable gold target of just over $5000/oz.
For more interesting and exciting gold analysis, commentary and forecasts, visit: www.goldvybe.com
After working out a few interesting probabilities, we figured out pretty quickly that the best way to visualize any future outcomes in a meaningful way would be to look at what percentage gains in gold have been made at prior tops and then to look at the timespans involved in making those tops. What we came up with was a very realistic and achievable gold target of just over $5000/oz.
For more interesting and exciting gold analysis, commentary and forecasts, visit: www.goldvybe.com