Gold to Humble Down Based on model: Functional Solar Energy
You have witnessed a long drawn up trends in global gold market in the year 2008 till June. The price of gold, which was just $272.80 at the start of 2001 gradually, moved up to the height of $1011 in middle of March 2008.Gold has moved up 270% since 2001. It has substantial upward movement in 2008 as well. Experts all over the world predicted gold to be double up by 2009 but it did not. I had predicted gold to humble down in 2008 from July at a time when most of the world experts were following the bitten track of spurting gold trends. My prediction was vehemently criticized by Kitco gold forum members but that stood 100 percent correct and they later felt sorry.
I presented my analysis based on a totally innovative model ‘Functional Solar Energy’ I have developed this model after a prolonged research work done on the subject of solar energy that is not the physical one in terms of light and heat but electrical. Solar Functional energy is a function of Solar Protons (A), Electrons (T) emanating from external sources that transform the solar energy into electrical energy absorbed by earth to produce resources and products with the help of human tools. This Solar Functional Energy is subject to retardation by Dark energy (R ) that causes growth and decline cycles in the world economy. The strength of these trio keeps on varying in course of time and causing unlimited changes in the economies worldwide. It is possible to register their presence and potency to measure the scale of ups and downs likely to be in the future. The functional solar energy C (f) =T.A./R. The gold price is the function of solar functional energy determined by T*R for rise and T*A and R*A for fall. There are number of variations of this simple formula that we analyze and present the results to you from time to time. In case you want to study the basic theory in detail you may refer to my book ‘Solar Functional Energy- Key to gold price trends and my blog ‘Business Cycles in Making’ in my blog . I had predicted as follows:
Gold Price in September 2008
“According to this model the gold market has already touched its apex for the year 2008 when it touched $1011 in the month of March 2008. Up trends and downtrends in between will be noted but the price would not be able to cross this peak. The module of T*R described above is already broken. That forced the gold price tumbling down. Since the stage of R*A has not set in that can lead to bigger falls for long. I had earlier indicated in the Kitco Gold Forum about $845 gold is likely to settle down around by 18th July. This exactly did not happen but downtrend was set later from 22nd July and touched $776 by 15th August. At present the 24 karat gold price trend is volatile with many alternative bouts of ups and down. This will continue till 15th September. There would be firm rise in gold price of about 6% over the settled price on 15th September 2008.The price is likely to hover round $885 by26th September.”
“By December 2008 this is going to change to T5 A91 R91. T+4A module operating at present results in volatile gold prices characterized with alternate bouts of ups and down. But this is going to stop from next 15th September 2008 at R-4C module in C6. There is likely to have about 8% rise over the gold price closed at 14th September up to 10th October. In C7 also the price is likely to continue to rise up by another 8% from 17th October to 30th October”. I had not indicated the November-December Forecast.
Gold Price Trend in 2009
I now venture out with the forecast on gold price for the whole year of 2009 based on the same model. I hope that would satisfy the readers and they might take advantage of these forecasts in golddealerreviews.com their investments in gold markets.
The basic T-A-R capsule present in the year 2009 is T5 A91 R91 till 21st April 2004. T-A-R changes to T5 A92 R91 from 22nd April 2009. T-A-R changes again to T5 A92 R91 from August 2009. T-A-R again changes to T6 A91 R91 from September 2009. With so many changes in T-A-R profile gold price trend is bound to change several times. The basic trends for 2009 gold are basically downward but not wilder. Investors would be able to take advantage of the periodical up trends in between as shown in the following chart. The gold price is likely to range in between $866 -$605- $695 per troy ounce. The bottom is likely to arrive in the month of May 2009 to form a new peak in the period of May-June. The following chart has hinted these trends.
2009 T A R T5 A91 R91 T6.8 A92.5-7 R91
Gold Price Movements Zone C9 01.1 Cc
.01.14 C91 R+A+C Downward price.to 02.13 -17%
.02.14 C92 T+6C Overall downward trend except last part to.03.13 +6.5%. 03.14 C93 Up trend first week and last week To .04.13 -8%
.04.14 C1 Downtrend except last week to.05.13 -6%
.05.14 C2 T-3C Uptrend first week to.06 14 R-4C +7%
.06.15 C3 Downtrend except last of June to.07.16 +3.5%
.07.17 C4 R+6C Downtrend to.08.16 Confused period
.08.17 C5 T+C Small downtrend to.09.16 -4%
.09.17 C6 R-4C/A-4C Downtrend except the first part to.10.16 +8% to.10.17 C7 T+2C downtrend
.11.15 +8% to.11.15 C8 Mixed trend
.12.13 +5% yo.12.14 C9 Uptrend
This is a general view of the trends of gold price in the global market in 2009. I would publish my close comments and micro T-A-R analysis in course of the market movements. Till then, best of luck and wishes for a profitable year of 2009 Disclaimer: These forecasts are indications only and I don’t take responsibility for losses if any incurred based on these indications.