So many questions submitted to me especially from users who are relatively new Dinar. The question is whether now is a good time to switch my investment into the Dinar?, And many similar questions.
My answer is always my aim to read the article I mentioned above, but also intrigued me to complete the text above with data that may also be useful as an additional consideration.
This data I gathered from Kitco for gold prices over the last five years and I regrouped based on four seasons of Spring (Spring): Summer (Summer), Autumn (Fall) and Winter (Winter). The season that I use are the seasons of the northern hemisphere, because the concentration of the gold market activity is much more prevalent in the northern hemisphere than the south.Then in order to compare consistently from different years, so I created the index at 100 for the month of June (early summer).
The results I present in the chart above; pretty impressive too. Consider the average line (average) that the golden; was indeed statistically significant price of gold dinar also tend to be low in the Spring and Summer. In contrast, the price of gold in the Autumn tends to increase and peak in Winter.
Statistics last five years in the graph shows the average world price of gold at the end of Autumn is 10% higher than the price at the beginning of the previous Summer. At the end of Winter, the average is even reached 20% above the price at the beginning of the previous Summer.
Incidentally if these numbers?; I still think nothing happened on this earth. In Winter humans have more needs at least in terms of energy needs, clothing and food.Because the gold price reflects the price of goods that people needed, then when the demand for these goods increased - prices rise, so is the price of gold.
From the statistics of 5 years we will be more easily understood if one of these days that coincided with the beginning of Spring in the northern hemisphere, world gold prices will tend to be low. Statistically, this low position will last until the end of summer is September. Then in late September until late March next year, world gold prices will tend to be high. Even so very important to understand that what happened in the market could be very different from the statistical anomalies can always occur by a variety of factors - both economic factors, political, security and various other global issues.
There should also note that the statistics that I use price is the price in U.S. Dollars; pattern gold price / dinar in amount may vary due to fluctuations in the rupiah against the dollar is difficult to predict. Allaah knows best.
