RE:RE:Gold update: Big move coming In regards to the 48 month moving average for gold prices and other cycles.
Go to Kitco.com or most any other gold dealer.
At kitco click on the tab Buy/Sell Gold & Silver
Scoll down the page to Buy Precious Metals Shop Now
Click on that Tab.
Click on Gold Products
You will see a list of available gold products for sale :
It currently lists only two items available for sale in Canada 100oz Bars for US $172,823.20
or 400oz Bars for US $690,692.80
All smaller items listed on this page , 43 types of coins and bars of various sizes are listed as
Out of Stock
I really don't think the 48 month average and other price cycles take this into account so you might a well throw that idea out at least until inventories get back to a more normal level.
Gold will go up but by how much and when it turns down are not so easily determined by ordinary moving averages.