Tuesday, April 17, 2012

Gold & Silver High in October 2012 ?


Silver is best used for cycle analysis, since it reacts much more strongly than Gold as shown in the chart below and it does follow an 18-19 month cycle that is inversely correlated with the US Dollar and suggests a low in precious metals in early 2012 that should take Silver to 43-50 and Gold to new highs by the next expected cycle high near the 4th quarter.