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  • » Expect typical Gold Run-up in Price January?

#1 2016-12-28 23:23:49

goldenspike
Member
From: Victoria, Australia
Registered: 2016-08-10
Posts: 29
Trades :   

Expect typical Gold Run-up in Price January?

Historically January has been the 2nd best performing month for gold.

Reasons suggested is the Chinese Lunar New Year in February, and residual demand from the Indian gold buying season that ends in December.

March is traditionally been the worst month for the gold price.

Will the trend continue?

26881_averagegoldperformancesince1975.png

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#2 2016-12-29 03:27:29

Pirocco
Member
From: EUSSR
Registered: 2011-05-24
Posts: 4,814
Trades :   
Website

Re: Expect typical Gold Run-up in Price January?

Crises tend to contain values that deviate most from the average.
Take for ex 2008's bottom, $750, was in september, in your chart being the month with the biggest average gain of the year.


Silver won't save you if you act as clueless and careless as with your bank account.
Get in- not disinformed. Last is easiest, visit www.zerohedge.com & Co and hurry to their bullion shops.
Futures: http://forums.silverstackers.com/topic- … ilver.html #9
Central Banks inflict you less gold and fiat: http://forums.silverstackers.com/topic- … tners.html #19

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