I'm told that the Chinese consider The Year of the Rooster (which has
just started) as bad news but, for some reason, Gold always 'does
well'.

Why the Chinese can't start their New Year on 1 January is a mystery
to me. C'mon guys ... This is the 21st Century!

Anyhow, can someone correlate Gold Price Movements during 7 previous
Rooster epochs AND also forecast what the price will be when the
current Rooster stops crowing?

Ideally, several Researchers (or Commenters) will hazard a guess
although of course only one Researcher can answer ...

Then twelve months hence, someone can proudly place their paws in wet
cement outside Graumann's Chinese Theatre ... Where else?

My thanks!

Bryan

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Clarification of Question by probonopublico-ga on 11 Feb 2005 11:07 PST

Hi, All

Well I've now got more than I bargained for both here and elsewhere.

So my thanks to all.

Bryan

The Chinese calendar, which dates back thousands of year, is based on
the the astronomial movements of the sun and the moon.
In one sentence, the Chinese New Year is the second New Moon after the
winter solstice.
It is based strictly on astronomical observations, and has nothing to
to with the Pope, emperors, animals or myths. Due to its scientific
and mathematical nature, we can easily and precisely calculate
backward or forward the Chinese New Year for thousands of years.

In contrast, the current calendar which most of us are famialiar with
is the Gregorian Calendar. However the Gregorian Calendar, is an
"artificial" calender, due to its many artificial fixing, including
those of its predecessor calender, and it is only about 400 years old
and much less older in many countries. It has been used for less than
100 years in Russia, China, etc.

If we try to find the date of the Chinese New Year on the Gregorian
Calendar, it will of course be a different date each year. The same
problem arises if we try to find New Year's Day (1 Jan) on the Chinese
Calendar. The dates of Chinese New Year on the Gregorian Calendar and
New Year's Day on the Chinese Calendar will not fall on the same day
each year, because the two calendars are based on different systems.
To put it crudely and simply, we can say that the two calendar systems
are different because the Chinese Calendar is based on the
astronomical movements of the sun and moon, while the Gregorian
Calendar is an "artificia1" calendar.

One last remark, although we often refer to the Chinese New Year, it
should be noted the Chinese New Year is also celebrated by many other
people apart from the Chinese, including the Koreans and the
Vietnamese.

As for the gold price, well I'll leave that to the expert Researcher!

The price of gold is highly variable, for example, what currency are
you referring to?

The price of gold in $ may rise while it falls in other currencies
(such has been the recent case).

As the dollar is steadily being devalued, look for both oil and gold
prices to continue rising on the average because we normally see both
priced in terms of the $.

That doesn't necessarily mean their intrinsic value is increasing, it
can merely indicate that the dollar is becomming weaker.

If you would like a quick analysis of the best ways to invest in gold,
post that question to my attention and I'd be happy to provide the
latest information which is very different today than a year ago
because there is a new way to invest in gold.

Whether or not it is a good investment is up to you to decide, I'm
offering to show you the best ways to invest if you decide to.

YES Siliconsamurai!

Long time no see ... I will post you a special ...

And my thanks to pkuanko for the calendar stuff.

Bryan

long time - I am actually a rather busy reporter in my other life and
also operate a ranch. That means that there are certain times when I
can work on answers here and others when I am too busy elsewhere.

Glad to be back during a rather brief slow period here (lambs have
stopped comming for now.)