08/18/12 Weekly Re-Lay:
       "Gold & Silver remain poised for a new rally and could/should see dynamic moves in the next two weeks... reinforcing the outlook for an overall advance into late-Aug./early-Sept. - 360 degrees from Gold’s 2011 peak and 180 degrees from the intervening peak in late-February 2012.  The daily trend patterns - in Gold & Silver - remain positive and the daily 21 MACs are turning back up.  All of this - and the weekly 21 MACs - are signaling that a quick surge should take hold.

   A rally into August 27--29th would also complete a web of geometric cycles in Silver - a 120-day decline followed by a 60-day rebound.  This would also continue a web of 1/1 & 1.618/1 ratios between the subsequent highs in Silver (17 weeks, 27 weeks & 27 weeks apart).  Gold has a tight range of important resistance levels that should be tested and should also reveal what to expect in the ensuing weeks.  This range comes into play at [reserved for subscribers]...

   Gold & Silver are like a coiling snake - narrowing their trading ranges while preparing for a sudden move."

08/04/12 Weekly Re-Lay:
     "Gold & Silver remain above the lows set in synch with intermediate cycles on June 25--29th... The daily trend patterns - in Gold & Silver - remain positive and the daily 21 MACs are poised to turn up in the coming days.  As a result, a sharp rally could take hold in the coming weeks.  The weekly 21 MACs are also in a position to reinforce this potential - in a domino-like fashion - if a new rally takes hold.

   If so, it would likely spur an overall rebound into late-Aug./early-Sept. - 360 degrees from Gold's 2011 peak and 180 degrees from the intervening peak in late-February 2012  This would also continue a web of 1/1 & 1.618/1 ratios between the subsequent highs in Silver (17 weeks, 27 weeks & 27 weeks apart).  A rally into August 27--29th would also complete a web of geometric cycles in Silver - a 120-day decline followed by a 60-day rebound.

   If this is a larger-degree 'C' wave advance, Gold could rally as high as ~1800.0/GC - where the 'A' wave peaked in late-February.  Since the recent low - the intervening 'B' wave bottom - held the late-December low, this would be a 'flat' correction where the peaks of the 'A' & 'C' waves are also similar. Gold has neutralized its intra-year trend, increasing the potential for a significant rebound.  Meanwhile, Silver has its monthly LHR at 3078.5/SIU - an extreme upside target for the month of August.

   1--4 week traders should have bought Sept. Silver...."  [FUTURES TRADING INVOLVES SUBSTANTIAL RISK!]

07/14/12 Weekly Re-Lay:
  "Gold & Silver remain above the lows set in synch with intermediate cycles on June 25--29th.  Those lows were set 180 degrees from the late-December 2011 lows, at the mid-point of Silver's expected decline from late-February into November 2012 and during the latest phase of a 6-week low-low-(low) Cycle Progression in Gold.  If the late-June low in Silver holds, it would also complete back-to-back 17-18 week declines, when paired with the decline from late-August into late-December 2011 (which followed a 17-18 week high-high-high Cycle Progression)...

   From an Elliott Wave perspective, Gold has completed a 'b' wave pullback and begun the start of a 'c' wave advance... This wave pattern, however, could also apply on a larger degree and prompt an overall rebound in Gold into late-August/early-September - 360 degrees from its 2011 peak and 180 degrees from the intervening peak in late-February 2012.

   If this is a larger-degree 'C' wave advance, Gold could rally as high as ~1800.0/GC - where the 'A' wave peaked in late-February.  Since the recent low - the intervening 'B' wave bottom - held the late-December low, this would be a 'flat' correction where the peaks of the 'A' &'C' waves are also similar.  (These waves have been labeled 'a' &'A', etc. to distinguish between the higher & lower degree waves.)

   A weekly close above 1600.8/GCQ would turn the intra-year trend neutral and validate this possible scenario.  Looking ahead, Gold has the next phase of its 6-week high-low-low-low-(low) Cycle Progression on August 6--10th.  If it can rally during the coming week (or two) and then pull back into Aug. 6--10th, Gold would be in position for a more powerful rally in the ensuing weeks."

06/23/12 Weekly Re-Lay:
"Gold & Silver could not generate any additional signs of strength after fulfilling intermediate analysis for a surge in the second half of May... and a test of 1636.4--1640.2/GCM & 2958.5--2971.0/SIN by/in early-June. Gold reached 1639.7/GCM (1642.2/GCQ) while Silver tested 2986.5/SIN - fulfilling these initial objectives - and then consolidated.

The combination of a 16-week high-high-(high) Cycle Progression and the weekly 21 MAC (which was turning decidedly bearish during the same week) was too much for Gold to overcome. So, after retesting this critical resistance zone, a new wave of selling emerged.

Silver is still very likely to set an intermediate turning point on June 25--29th or July 2--6th - the mid-point of its expected decline from late-February into November 2012... it is now poised to be a low. If so, it would create a high-low-(low) - instead of a high-high-(low) Cycle Progression targeted for November 2012. There are two additional cycles that corroborate this potential:

1 - A low on June 25--29th would arrive exactly 180 degrees from the late-December lows in Gold & Silver.

2 - A low on June 25--29th or July 2--6th would complete another 17-18 week decline in Silver, the same duration as the decline from late-August into late-December 2011.

That decline followed a 17-18 week high-high-high Cycle Progression, so this 17-18 week cycle has been prevalent in Silver for almost a year. There is a possibility that this could occur without Gold setting new lows... showing that it remains in a wide range of consolidation. A low in the coming week would create a 6-week low-low-(low) Cycle Progression in Gold."

01/31/12 INSIIDE Track:
      "Gold & Silver remain below the highs set in August 2011 - a major cycle that represented a 40-Year period of testing from when the U.S. slammed shut the Gold window in August 1971.  Gold set its highest close on August 22, 2011, which also fulfilled - at least initially - the 5-10 year outlook for a major peak in 2011 - 12 years (.618) from its 19-Year Cycle of Time low of July/August 1999.

   Since that time, Gold & Silver have consolidated after an initial sharp drop - at which time Silver reached its 3--6 month downside target (2630.0/SI) and 6-12 month support.  They fell into late-December and spiked to new lows while completing a 3-month/90-degree low-low-low Cycle Progression and a 9-week high-high-low Cycle Progression.

   This retest of support created a longer-lasting bottom... confirmed by Gold & Silver turning their intra-year trends up, which could extend this consolidation for at least a couple more months.  The 9-week cycle comes back into play on February 27--March 2, when subsequent lows are expected.  The levels of these lows should help mold what to expect into mid-year.  One other factor might shed some related clues..."

01/14/12 Weekly Re-Lay:
    "Gold & Silver fulfilled intermediate projections for a drop into Dec. 27--30th, when a 3-month/90-degree low-low-(low) Cycle Progression & a 9-week high-high-(low) Cycle Progression in Silver converged.  They tested key support levels - at that time - and have since rebounded.

   One intriguing aspect about that low is the 3-month cycle.  This has created lows in late-June, late-September and late-December 2011... and projects a subsequent low (since the latest two were descending lows) in late-March 2012.

   From a price perspective, Gold & Silver reached key downside price objectives in late-Dec. and were/are not expected to drop significantly lower (than those lows) for at least a couple months... Gold remains in a daily & intra-month uptrend while Silver has neutralized both.  The daily 21 MACs are poised to turn up over the coming 1--3 days.  This could spur another 1-2 week rally..."

12/17/11 Weekly Re-Lay:
    "Gold & Silver dropped to new 6-week lows, increasing the potential that a 'c' wave decline is underway... By turning their intra-month trends down on Monday, they showed that the 1-2 week signals in Gold (from Nov. 21--25th) had run their course and would not be able to generate a retest of the early-November highs.

   The 1-3 & 3-6 month bearish outlooks... were reinforced when Gold turned its weekly 21 MAC down, the cause of the 'do-or-die' time frame in which it had recently entered (based on its weekly 21 MAC).  This could trigger a drop into Dec. 27--30th, when a 3-month/90-degree low-low-(low?) Cycle Progression & a 9-week high-high-(low?) Cycle Progression in Silver converge."

Gold & Silver at Crossroads; 'B' Wave Peak Imminent
Gold Fails to Reverse Daily Trend; Nov. 14th Reversal Lower Likely!

11/12/11 Weekly Re-Lay:
      "Gold & Silver remain in what appears to be a 'b' wave rebound that has not yet shown any clear sign of terminating.  Silver has a 12-day & 24-day low-low-(high) Cycle Progression that reach fruition on Monday, November 14th.  If it is spiking to new highs at that time, an intermediate peak could take hold.  This, however, would not be confirmed until a daily close below 3210.5/SIZ.

   If a peak is set in the coming week, it would create a 12-week high-high-(low?) Cycle Progression targeted for early-February.  This would be in synch with the overall outlook for Silver to set a major peak in May 2011 and then decline for 6-12 months (potentially 1-2 years) with a high probability for an important low in late-January/early-February 2012.

    ....Gold & Silver need daily closes below 1681.2/GCZ & 3210.5/SIZ to turn their intra-month trends down and to signal that a new wave down is unfolding... Gold has neutralized its daily downtrend multiple times, but will not turn it up until a daily close above 1799.9/GCZ.  Silver, in contrast, has not even been able to neutralize its daily trend."

08/31/11 INSIIDE Track:
      "Gold & Silver have just passed through what could be the most cyclically-significant period in many years.  As stated last month... August 2011 is a 40-Year period of testing from when the U.S. slammed shut the Gold window in August 5--15, 1971.  August 2011 - 40 years later - could be the time when the Dollar/Gold relationship sees a sharp turnabout... at least for the next year... Not only is this time frame the culmination of a 40-year cycle, it is also the most important point within Gold's current 19-year cycle.  This cycle was described in 1998 & 1999 when forecasting a major, multi-year low for Gold in 1999 - 19 years from its 1980 peak.

   As explained then (in INSIIDE Track & Cycle of Time Reports), Gold was expected to enter a major bull market that should last for at least .618 (12 years) of the next 19-year cycle.  2011 is that 12th year!

   In synch with this 12-year cycle, Gold previously bottomed in July/August 1999 - setting a double-bottom during those months.  So, August 2011 was exactly 12 years from the start of Gold's bull market.

   Gold & Silver remain divergent, with Silver only rebounding about .618 of its May 2011 decline.  So, as of now, the early-May 2011 peak remains the highest level that Silver has attained - a peak that was set during a very consistent 37-month cycle. 3-6 month, 6-12 month and even 1-2 year traders & investors should begin to lighten up on long positions in Gold & Silver, looking for a sharp correction in the coming months."  FUTURES TRADING INVOLVES SUBSTANTIAL RISK!

07/29/11 INSIIDE Track:
      "Long-term uptrends in Gold & Silver remain intact and are still supporting prices.  A major top is expected in 2011 and could trigger a 6-12 month or even 1-2 year correction... Gold & Silver rallied into the latest convergence of intermediate cycles on July 18--29, 2011.  This creates a high 180 degrees from the late-January low, 360 degrees from the late-July 2010 low & 540 degrees from the early-2010 bottom.  These three lows created a 25-26 week low-low-low-(high) Cycle Progression that came into play on July 18--29, 2011.

   ...This kind of divergence is indicative of a more convincing peak in the making.  And, it comes at - cyclically-speaking - the ideal time.  However, this is based on a much larger cycle that I have been watching - and discussing - for over a decade... It is a 40-Year 'period of testing' from when the U.S. slammed shut the Gold window in August 5--15, 1971.  August 5--15, 2011 is 40 years later and could be the time when the Dollar/Gold relationship sees another sharp turnabout... at least for the next year.  I am NOT projecting anything similar to August 1971 (at least not in the coming year).  However, August 2011 could provide another dramatic reversal in this Dollar/Gold relationship.

   3-6 month, 6-12 month and even 1-2 year traders & investors should begin to lighten up on long positions in Gold & Silver, looking for a sharp correction in the coming months.."  FUTURES TRADING INVOLVES SUBSTANTIAL RISK!

Destiny 2011 (III): A.G.E. Regression (Nov 2011)

Destiny 2011: A.G.E. to A.G.E. II (Sept 2011)