RE: RE: Queenston still rolling along!My short term prediction was bang on! Just be patient, my long term prediction will come true!
Gold holding onto $1200 range for this time of year is incredible ( tradtional seasonal low for gold).
QMI will time press releases for Gold Season (Sept-Dec).
They should have tons of positive news, they've been drilling all spring and summer!
Gold Futures (GC) Seasonal Chart
The above chart represents the seasonality for Gold Futures (GC) Continuous Contract for the past 20 years.
- Date range: January 1, 1990 to December 31, 2009
- Type: Commodity Futures – US
- Symbol: GC
Gold Futures Continuous Contract Seasonality
Analysis has revealed that with a buy date of September 13 and a sell date of May 23, investors have benefited from a total return of 183.61% over the last 10 years. This scenario has shown positive results in 9 of those periods.
Conversely, the best return over the maximum number of positive periods reveals a buy date of September 16 and a sell date of May 20, producing a total return over the same 10-year range of 159.82% with positive results in 10 of those periods.
The buy and hold return for the past 10 years was 125.11%.