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#GOLD Thread 1/8
Data of 958 weekly close from Apr 2002 to Aug 2020 analysed. (18 years, 958 Wks)
Of 958 Wk, only 44 Weeks have given + / - 5% move in #GOLD
Plotted Dow Jones move 4 same week as +/- 5% move in #GOLD
Data as below.
@DEVENDRACHATUR1
Data of 958 weekly close from Apr 2002 to Aug 2020 analysed. (18 years, 958 Wks)
Of 958 Wk, only 44 Weeks have given + / - 5% move in #GOLD
Plotted Dow Jones move 4 same week as +/- 5% move in #GOLD
Data as below.
@DEVENDRACHATUR1
2/8
Observations:
1)Out of 43 times, 11 times in 2008, 5-6 times in 2007 /09/13
2)#EPIC2020, happened 4 times already, this week potential ? 2025 ?
3)Dow and Gold hv been same direction of move for 23 times & opposite direction 20 times of the 43 outcomes. NO trend.
Observations:
1)Out of 43 times, 11 times in 2008, 5-6 times in 2007 /09/13
2)#EPIC2020, happened 4 times already, this week potential ? 2025 ?
3)Dow and Gold hv been same direction of move for 23 times & opposite direction 20 times of the 43 outcomes. NO trend.
3/8
4)Years of +/- 5% moves - All Crises Years
Overall view based on below stats/ facts:
Year 1980 high of GOLD $ 800 (1979 to 1980 was 100% gain from $ 400 to $ 800)
(FED BS / US GDP was ~10% of 1980 to 2008)
2008 high was $ 800 (back after 28 years)
2011 high was $ 1930
4)Years of +/- 5% moves - All Crises Years
Overall view based on below stats/ facts:
Year 1980 high of GOLD $ 800 (1979 to 1980 was 100% gain from $ 400 to $ 800)
(FED BS / US GDP was ~10% of 1980 to 2008)
2008 high was $ 800 (back after 28 years)
2011 high was $ 1930
