What a Strong Stocks Bull Market Looks Like
Stock-Markets / Stocks Bull Market Jun 18, 2009 - 01:59 AM GMT
Here it is in all it's glory, the 10 year weekly log scale chart of Mr. Gold:
Here's a previous historic example of a similar strong bull market at the same phase of the bull where Gold is now (erased names and dates for fun):
And here's what came next in the historical example above:
The other investment/asset class I am aware of still in a long-term bullish market alignment is U.S. government debt (i.e. U.S. bonds), which is a deflationary sign, not an inflationary one. Oil and other commodities are no longer in a bullish alignment. Gold is a currency. Gold is money. Gold thrives in a Kondratieff Winter as people scramble down Exter's liquidity pyramid to the safety of the pyramid's apex.
Visit Adam Brochert’s blog: http://goldversuspaper.blogspot.com/
Adam Brochert
abrochert@yahoo.com
http://goldversuspaper.blogspot.com
BIO: Markets and cycles are my new hobby. I've seen the writing on the wall for the U.S. and the global economy and I am seeking financial salvation for myself (and anyone else who cares to listen) while Rome burns around us.
© 2009 Copyright Adam Brochert - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.
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