Is Gold Preparing For A Parabolic Move?

Consider this monthly chart to see gold's action over the past few years:

Chart courtesy of
Notice that gold is exhibiting parabolic behavior when we look at the monthly chart.

Fiat currencies are declining.

The final move will be into gold.

We do not know the timing of the move, only that it will happen if, as seems likely, central banks continue printing and governments continue overspending.

$1375 is our next target for gold.