Gold At $10,000 – Silver At $400 – Here’s How It Will Happen

Gold At $10,000 – Silver At $400 – Here’s How It Will Happen

By GE Christenson:

This is not a prediction of future prices of gold and silver; it is an indication of what could happen in a speculative bubble environment based on the history of previous bubbles.

I’ll summarize a simple analysis of past bubbles.
Definitions

        Bubble: A speculative mania in a market that is priced well beyond what the fundamentals and intrinsic value indicate.
        Phase 1: The first phase of the bubble begins with the price bottoming and initiating a long rally. It is often indicated by a triggering event such as Nixon closing the “gold window” on August 15, 1971 – the beginning of the gold and silver bubbles that terminated in 1980. The market rallies for some years, hits a new “all-time” high, and then corrects.

When the market proceeds into a bubble phase, it rallies beyond that new high and continues much higher. The end of phase 1 and the beginning of phase 2 are the point at which the market rallies from its correction low and exceeds its previous high. See the graph of the silver market with the indicated beginning and end points for phase 1 and phase 2.
Read More: http://1goldinvestment.com/gold-at-10000-silver-at-400-heres-how-it-will-happen/