Takaki Kabuki? Actually the Japanese name appears as "鏑木 高明" which reads as "Takamiya Takaki" or more commonly "Kamidoki Takaaki"? In Japanese names, the surname first: "鏑木" = Kabuki or Kaburi? The given is ambiguous without furigana. A common reading for
The president and representative director of Investment Daily News Co., Ltd., and a master of cycle analysis,
this is a gold price outlook report written weekly by Takaki Kabuki.
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On the 9th, following the Liberal Democratic Party's large victory in the previous day's House of Representatives election, the stock market was very lively. The Nikkei stock average recorded a high of 57,337 in the morning. It significantly surpassed its previous high. On the other hand, gold seems to be somewhat sidelined. However, the physical market has recovered to around 5,000 dollars. As a result, from the recent high on January 29, it fell 21% to 4,403 dollars on February 2, and the decline appears to have halted for now.
Last week, during the trough of the drop, as I noted, “Looking at recent steep declines in gold, this mirrors the plunge after the all-time high in September 2011; at that time, the first fall dropped 20% from the high, but the decline lasted long, taking 14 trading days (three weekly bars). This time it is only two trading days so far. If it were to fall 20%, it would reach the 4,476-dollar level, but although there is still about 250 dollars to go, given the large price range, it would be difficult to buy large futures unless funds are readily available.”
Please see the continuation in the PDF file.
【Takaki Kabuki - Profile】
Graduated from Kwansei Gakuin University, Faculty of Economics. In 1995, partnered with the world-renowned American market analyst, Raymond Meriman, and issued domestic first-market cycle and astrology reports. Known for cycle and astrology-based market analysis. Representative Director of Investment Daily News Co., Ltd., Representative Director of Investment Daily Publishing Co., Ltd., member of the Japanese Technical Analysts Association, editor-in-chief of ‘Investment Daily α’.
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