Gold Gold Gold, Long and short term Market Update

Gold Chart By AstroCycle.com

You can see the 40 year cycle  clearly on this chart above in addition to an 8 year cycle.   In my reading of the work of Samuel J Kress Jr, he said that the 40 year cycle has special significance in that it can be divided by two Fibonacci numbers, 5 and 8....
Using the 8 year cycle the next projected high is in the year 2012 and the next projected low is in the year 2016...and then another high in the year, 2020...The last cycle low was in the year 2000 and the next projected high is due in the year 2020...
Fibonacci price targets are noted as well...


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