Summary
Akhil Patel’s August monthly update covers gold, which just reached all-time highs. In 2013, Phil and Akhil forecast gold would rise into 2019 — which it did. Now they address whether this is a double top and what gold does for the rest of the decade. Also covers major index pressure dates for August-October 2020.
Key Claims
- Phil and Akhil’s 2013 forecast of gold rising into 2019 proved accurate. — confidence: high
- Gold reached all-time highs in August 2020. — confidence: high
- Akhil’s forecast covers gold’s trajectory for the remainder of the decade. — confidence: high