These are the Final Summer 2014 ‘Buy-of-a- Lifetime’ lows here and now. Next expect to see $1600, $2000, $3500, $5000+ Gold in the final 7-years sabbatical cycle!
The 3rd and final 7-year Bull Market cycle officially began in July 2014 as stated in the Secret 21-year Gold cycle update mentioned above.
$2000 Gold is NEXT and will be followed by many higher high price targets into the year 2021 when Gold is expected to reach $5000 minimum and Silver is expected to reach $333 basis a 15:1 Gold to Silver peak ratio once again.
Submitted by Bo Polny:
Is Gold’s next stop $2000?
In a May 14, 2014 New York Kitco Interview and forecast (click here to view), cycle analysis indicated Gold was expected to rise in May/June and make a Top in June, then drop down in price making a Final Summer Low and in conclusion Spike and reach $2000 before year end?!
So what has Gold done since May?
Starting with the June 5, 2014 public update title ‘A 2014 Cycle Low Arrived June 4’ (click here to view) Gold did rise in price into the end of June, stretched in time 10 days extra and made a July 10, 2014 cycle high and top at $1346.80.
Still expecting a summer low off the $1346.80 high, on July 13, 2014 a public update titled ‘Final Summer Low Still Ahead as Gold’s Sabbatical Rest Comes to an End’ (click here to view) was posted.
As the price of Gold dropped below a potential low at $1281 and touching $1273 a second public update was posted on August 30, 2014 titled ‘The Secret 21 Year Gold Cycle That Leads to World Commodity Bull Market Breakouts in 2014 (click here to view) stating:
- …one final push lower is still possible before a breakout arrives this fall 2014 that lead to World Commodity Bull Market Breakouts!
- Silver’s cycle low was not yet achieved.
- This final push lower on Gold will allow Silver to FINALLY complete its cycle bottom.
- The historic Gold cycle dictates an end of summer 2014 low MUST remain ABOVE the June 2014 low at $1240.
Since the July top at $1346.80 and forecast for a price reversal, Gold has been dropping including breaking the $1273 mid-August low as cycle analysis predicted would occur in the August 30, 2014 update. This past Friday September 5, 2014 Gold touched $1258.00 and Silver $18.99. The 21-year Gold cycle dictates the final summer low MUST remain ABOVE $1240 and Friday September 5, 2014 Gold touched $1258.00 as the mining stocks (GDX and HUI) filled gaps from the June 19, 2014 falls breakouts. The May 2014 Kitco Interview stated a ‘Final Summer Low’ would be a final entry point. Summer officially ends September 21, 2014 and September 5, 2014 easily falls within the definition of ‘summer’ and $1258.00 is ABOVE the June $1240 low!
Technically, Gold trades in a 21-year channel and major overhead resistance today sits at $2550 and mid-point resistance sits at $1575.
A little Secret about Silver
Silver has just quietly completed a Large Handle on a Cup and Handle chart pattern formation while NO ONE was looking and the entire time screaming price ‘manipulation’! Notice what happens from the Example when Silver comes out of the handle.
So, will Gold head to $2000 next? YES. Will Gold ever see $1180 or lower? Absolutely NOT! Will Gold make $2000 this year? After 3-years of price suppression (manipulation) $2000 is mathematically possible with a Spike. Spike or no Spike, the Gold cycle as forecasted in the May 2014 Interview is almost COMPLETE, all that is still missing is $2000 Gold either this year or by mid 2015 latest. Out of courtesy to my subscribers, Time Points are exclusive to subscribers.
These are the Final Summer Lows. Whether you believe or not believe, that is your personal choice; but TIME will expose the truth just as it has since the May 2014 interview and you will soon see that these prices WERE in fact the Final Summer Lows as forecasted in the May 2014 interview!
The 3rd and final 7-year Bull Market cycle officially began in July 2014 as stated in the Secret 21-year Gold cycle update mentioned above. $2000 Gold is NEXT and will be followed by many higher high price targets into the year 2021 when Gold is expected to reach $5000 minimum basis new Fibonacci calculations and Silver is expected to reach $333 basis a 15:1 Gold to Silver peak ratio once again.
Buy Gold American Eagles at SD Bullion!
As Gold rises to $5000, a devastating deflationary crash cycle will grab hold of the stock market and unlike the previous recession that followed the collapse of 2008, there is no way out of this one. It’s going to go from bad to worse to terrible and our world will change forever!
On August 7, 2014 an update titled ‘The Coming Inflationary Spike and Deflationary Bear Market Cycle That Devastates the World!’ (click here view) was posted. The article speaks of a possible quick Spike for Gold before the Deflationary Stock Market Cycle is to begin come 2015. Spike or no spike, physical Gold & Silver are the ultimate Insurance Policy against everything paper to the coming Deflationary Bear Market Cycle beginning in 2015.
TIMING tradable future Gold cycle HIGH and cycle LOW price points into the end of this year and next, including timing a potential price spike and when Gold is expected to breakout of its Consolidation Wedge mentioned in the Secret 21-year Gold cycle update is exclusive to subscribers of www.Gold2020Forecast.com. If you have any general questions, feel free to email me at [email protected].
Cycle work allowed me to called the Silver $49 top, the $1900 Gold top, the June 28, 2013 Gold BOTTOM within 2-hours, the December 31, 2013 retest and higher low. These are the Final Summer 2014 ‘Buy-of-a- Lifetime’ lows here and now. To date, the May 2014 forecast has stood the test of time; next expect to see $1600, $2000, $3500, $5000+ Gold in the final 7-years sabbatical cycle!
Thank you and all the best,
Legal & Disclaimer
The above represents the opinion and analysis of Mr. Polny, based on data available to him, at the time of writing. Mr. Polny’s opinions are his own, and are not a recommendation or an offer to buy or sell securities and/or commodities. Mr. Polny is an independent analyst who receives no compensation of any kind from any groups, individuals or corporations. As trading and investing in any financial markets may involve serious risk of loss, Mr. Polny recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although an experienced analyst, Mr. Polny is not a Registered Securities Advisor. Therefore Mr. Polny’s opinions on the markets, stocks and commodities are his own and can not be construed as a solicitation to buy and sell securities and/or commodities.