Gold to Humble Down in 2008
Based on model: Functional Solar Energy
By kanti Mohan Pandit
Director, Center Business Intelligence & Forecasting
You have witnessed a long drawn up trends in global gold market. The price of gold, which was just $272.80 at the start of 2001 gradually moved up to the height of $1011 in middle of June 2008.Gold has moved up 270% since 2001. It has substantial upward movement in 2008 as well. Many expect a definite correction after this great height and this is coming true gradually.
How much the correction would be and for how long that will sustain is a matter of different assessments by different analysts. I am presenting hereunder an analysis based on a totally innovative model ‘Functional Solar Energy’ I have developed this model after a prolonged research work done on the subject of solar energy that is not the physical one in terms of light and heat but electrical. Solar Functional energy is a function of Solar Protons (A) Electrons (T) emanating from two cosmic bodies that transform the solar energy into electrical energy absorbed by earth to produce resources and products with the help of human tools. This Solar Functional Energy is subject to retardation by Dark energy (R ) that causes growth and decline cycles in the world economy. The strength of these trio keeps on varying in course of time and causing unlimited changes in the economies worldwide.
It is possible to register their presence and potency to measure the scale of ups and downs likely to be in the future. The functional soalr energy C (f) T.A./R. The gold price is the function of solar functional energy determined by T*R for rise and R*A for fall. There are number of variations of this simple formula that we analyse and present the results to you from time to time. In case you want to study the basic theory in detail you may refer to my blog ‘Business Cycles in Making’ in my Microsolar’s blog or enquire at kanti.pandit@gmail.com
According to this model the gold market has already touched its apex for the year 2008 when it touched $1011 in this month. There would come up trends and downtrends in between but wont be able to cross this figure. The module ot T*R described above is already broken. That forced the gold price tumbling down. Since the stage of R*A has not set in that can lead to bigger falls for long. However there would be not less than 5% fall in the price from the stage of $890 per troy ounce in the coming months to settle at $845 by the end of July 18.
This is only an indication of the price trends of gold and we donot take risk for investment based on this forecast. Best of luck!
