The Surge in Gold and Equities
#278 Latest Insights on Gold, US Indices and Key Trends in various Top 20 US Stocks
Introduction
Every so often, gold and equities surge together. I’ve always found this a strange coincidence, as if the fear of missing out (FOMO) drives investors to bet on both sides of the markets. I’ve often seen that when these surges reach an extreme high, they both tend to decline afterward.
In times of uncertainty, we trust in gold, and there is certainly enough turmoil in the world, with fears of continued inflation and a recession around the corner, to incentivize investors to invest in Gold. It’s time for an update on where Gold is heading. Looking back to as early as 1976, 49 years ago, it may be time to be careful for a correction in Gold.
The number "7" is the basis of time, and a panic occurs and depression in the stock market every seven years, which is extreme and greater than the three-year decline. Note 1907, 1917, etc. Seven times seven is fatal, which makes 49 years, and causes extreme fluctuations in the 49th to 50th year. W.D. Gann Stock Market Course
Certainly, if you examine the DJIA and Gold, you will find a consistent 7-year cycle, even in recent years. Therefore, I will review the 7-year cycle for both gold and the DJIA. I will show you an interesting Fibonacci Spiral that shows a hotspot in Price and Time. Additionally, in this post, I have updated the 60-year Gann Master Cycle Chart for the DJIA and the S&P 500, and provided an update on the top 20 US stocks.