radix
Oct 1, 10:32 PM
$TRX $GLD.X
$GDXJ
$GDX
Before software, one major gold analyst of note (J.S.) famously drew long-term trends by laying a French curve over a paper chart. This is the modern version: a fixed-stiffness trend curve through every monthly LBMA fix since 1971, fitted with a Kalman smoother and carried forward 36 months. The error bands are sized to how far gold actually strayed from past projections since 1990, not to a textbook formula.
The curve shows the 2000s bull run, the 2013-2015 plateau, and an acceleration from 2019 that today's prices sit right on. Carried forward, it reaches about
$8,600 by Sep 2029, with an 80% range of
$5,200 to
$14,000.
This is a trend projection, not a forecast with proven skill, and the tip of any curve gets redrawn as new months arrive. Full chart in The Doctor's Daily. Not investment advice.
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