Saturday, November 1, 2014

2014.10.31 Silver Cycle Model Chart

2014.10.31 Silver Cycle Model Chart



















Silver prices continue to track model predictions quite well.  The model suggests silver prices may have reached a bottom for the next few months, and a price of about 1700 is expected by the end of 2014.  A previous iteration of the model appears below and here on the blog.


2014.09.19 Silver Cycle Model Chart

Friday, October 31, 2014

2014.10.31 Gold Cycle Model Chart

2014.10.31 Gold Cycle Model Chart

















The gold cycle model is predicting a very high probability of a turn to the upside in the next few weeks, based on the outlier Z-score greater than 3 "sigma.". If the reversal does occur, then gold prices should quickly rise to well above 1400 by the end of the year.  A previous iteration of the model is shown below and here on the blog.





2014.10.03 Gold Cycle Model Chart