Hyperbolic Gold Price

Time to jump in?
Or time to sell?

History says that when a chart goes hyperbolic, it is soon going to go down a lot.
Gold recently moved up about 20% in about 6 weeks.

This should be the end of the gold bubble.

I still expect gold to decline over the next few years back to around $500 an ounce.

So far I have been way early as far as the end of gold. So I could still be way early.
What I see is the big players sucking in all the little guys now and dumping gold so the little guys are left holding the bag.

We will see.


Of course in the long run, if gold does what it did in the last 40 years, it will go to $50,000 an ounce. But what will that buy in the year 2050? And who will be there to do the buying and selling?