Before you start reading, these for my own notes with more polish than government polices yet not matching accounting covers of cooperates.
i hope you day goes well
1972
GOLD Gold pegged to 38 USD Per ounce, Fed had no gold to back so they broke Bretton Woods System dismantling the artificial suppression of gold for 30 years. GOLD jumped to 120 by mid 1973 due US President Nixon
1976
US recession over, Gold safe heaven asset lost or in words hedge against bad turns of economy was no longer need so IMF & Central Banks started selling gold reserves effectively saturating the supply side
1979
OIL crisis of US happened pushing the Gold to new highs of 233 in the Jan, 1979 to 300 in July and 400, 500 ,600 is subsequent months of Oct, Nov and Christmas Weekend
Vicennium of Gold - Gold Peaked @ 850 in Jan of 1980, and Bears took over the Nuclear Codes leading to gold stagnation phase or mid life crisis. by the end of this 2 decades of bearish due to Strong equity low inflation tech Euphoria hour able mention
CSCO & Pets.com with robust Dollar confidence Gold was trading @ 265 USD/Oz
1999
Chancellor Gordon brown sought to sell 401 Tonnes roughly 56% of UK gold reserves which effectively ended 2 decades of bearish market after the President Nixon's Abandonment of Gold Standard. Brown's Heroic act led to establishment of Washington agreement on gold limiting sale of gold to 400 tonnes per year for next half a decade. The combination of these 2 events led to 25% rally in gold
2005
in July 2005 gold developed the fractal support @ 417 and started pushing 500 barrier for the first time since 1987 due to sticky inflation, monetary easing and gold's demand in industrial applications
idea show a progress in terms of key years
2006 2008 2010
Iran's nuclear program along with weaking dollar led gold making a new high of $730
in
September, 2008 gold gained 90 dollars in a day and broke 1000 Dollars by 2009 as economic uncertainty grew and reached 1200 by EOY (text: End of Year).
Central banks started QE (quantitative earing), Near Zero interest rates (unless 0.5 relative 8% counts like it did for Kunal Kamra's for 22k deaths of railways) sovereign debt fear of EU zone(mentions superposition of EU video by CGP grey) pushing gold higher and higher to 1921 USD/Oz by September of 2011
septennium
as major ecocomis of world starting stopped money printing(QE) and started raising the interest rates(QT) pulling out excessive liquidity in words bails out money given out by US to Bankers.
after the peak of 2011, Gold lost 43% gains from the peak as Fed's tightening of its monetary policy booster
DXY , bailouts to sectors and a country??? named Greece and China's gold numbers give lower than the reported numbers pushing paper backed assets gained the spotlight for investors putting gold into septennium period of stagnation
Trump mark one
trade wars of US China led to gold gain investors fir hedging against sounfeeffect of sold here, it rose by 19% unlocking new territory
2024 feb gold broke previous resistance levels surpassing the 2075$ , 2790 by Oct pushing the 3000 soon after
2025, just 2 decades after breaking barriers in 2005, Gold launched into Uncharted Territory, Surging 60% to 5600/oz and mean reversing back to 4400 levels
as per the Fibonacci Retracement, 5431 is level to watch
my targets are 7600, 9700, 12000 by 2035, 2040
gold as around 7% CAGR as per regression model
so the scene playout
i hope you day goes well
1972
GOLD Gold pegged to 38 USD Per ounce, Fed had no gold to back so they broke Bretton Woods System dismantling the artificial suppression of gold for 30 years. GOLD jumped to 120 by mid 1973 due US President Nixon 1976
US recession over, Gold safe heaven asset lost or in words hedge against bad turns of economy was no longer need so IMF & Central Banks started selling gold reserves effectively saturating the supply side
1979
OIL crisis of US happened pushing the Gold to new highs of 233 in the Jan, 1979 to 300 in July and 400, 500 ,600 is subsequent months of Oct, Nov and Christmas Weekend
Vicennium of Gold - Gold Peaked @ 850 in Jan of 1980, and Bears took over the Nuclear Codes leading to gold stagnation phase or mid life crisis. by the end of this 2 decades of bearish due to Strong equity low inflation tech Euphoria hour able mention
CSCO & Pets.com with robust Dollar confidence Gold was trading @ 265 USD/Oz1999
Chancellor Gordon brown sought to sell 401 Tonnes roughly 56% of UK gold reserves which effectively ended 2 decades of bearish market after the President Nixon's Abandonment of Gold Standard. Brown's Heroic act led to establishment of Washington agreement on gold limiting sale of gold to 400 tonnes per year for next half a decade. The combination of these 2 events led to 25% rally in gold
2005
in July 2005 gold developed the fractal support @ 417 and started pushing 500 barrier for the first time since 1987 due to sticky inflation, monetary easing and gold's demand in industrial applications
idea show a progress in terms of key years
2006 2008 2010
Iran's nuclear program along with weaking dollar led gold making a new high of $730
in
September, 2008 gold gained 90 dollars in a day and broke 1000 Dollars by 2009 as economic uncertainty grew and reached 1200 by EOY (text: End of Year).
Central banks started QE (quantitative earing), Near Zero interest rates (unless 0.5 relative 8% counts like it did for Kunal Kamra's for 22k deaths of railways) sovereign debt fear of EU zone(mentions superposition of EU video by CGP grey) pushing gold higher and higher to 1921 USD/Oz by September of 2011
septennium
as major ecocomis of world starting stopped money printing(QE) and started raising the interest rates(QT) pulling out excessive liquidity in words bails out money given out by US to Bankers.
after the peak of 2011, Gold lost 43% gains from the peak as Fed's tightening of its monetary policy booster
DXY , bailouts to sectors and a country??? named Greece and China's gold numbers give lower than the reported numbers pushing paper backed assets gained the spotlight for investors putting gold into septennium period of stagnationTrump mark one
trade wars of US China led to gold gain investors fir hedging against sounfeeffect of sold here, it rose by 19% unlocking new territory
2024 feb gold broke previous resistance levels surpassing the 2075$ , 2790 by Oct pushing the 3000 soon after
2025, just 2 decades after breaking barriers in 2005, Gold launched into Uncharted Territory, Surging 60% to 5600/oz and mean reversing back to 4400 levels
as per the Fibonacci Retracement, 5431 is level to watch
my targets are 7600, 9700, 12000 by 2035, 2040
gold as around 7% CAGR as per regression model
so the scene playout
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.