The Vulcan Report (88) 7-29-2010 - Gold Spot on ropes or down for the count?.mp4

Rocky is on the ropes but does he have enough fight left in him?

THE VULCAN REPORT

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[ohio1998]

I love your vids and I respect your opinion. I just don't see how gold could get to $4,000. We shall see. I just don't think there is enough juice out there for everyone.

[pulsescan72]

@ohio1998

well as of right now we are not on that track. however, when and if the trend does change I will let you know.

[ohio1998]

@pulsescan72 , I hear ya.  Thanks for your work.

[pulsescan72]

@ohio1998

thanks your welcome.

[orangedac]

holy moley, your gold price projections are out of this world.

[pulsescan72]

@orangedac

thanks I really appreciate the encouragement. Thank you for your support.

[ytgv3fc7]

@orangedac and these jump-then-hover periods are typical in the bull-market of gold in the last 9 years, therefore, to see 'even-spaced jumps' only in price in log-scale you'd need to perform a non-linear transform on the x-axis (time) (exponential-scale going forward) and suddenly the jumps are linearized.

[ytgv3fc7]

@orangedac they are sensible looking at the data. Looking at the step-sizes I saw in the data at first I didn't believe it but then I realized, all things being equal, time-frames are getting smaller for the fractal pattern. So while I see a 1200 to 1440 jump (1.2 factor or +20 %) I then determine 3 of those is 1.2^3 = 1.728 factor x 1200 USD = 2073.6 and suddenly this makes sense. 3 jumps in 18 months does not fit past data because the time-frame keeps getting smaller for each jump-then-hover