


Badcharts
ExpertNO... Gold has NOT properly tested $3000 yet. Does it HAVE to be tested? Of course not. I have outlined TWO bullish scenarios. A failure to hold $3000 (or the 12 month sma) opens up a more nefarious type of correction. See 2008 where the 36 month sma got retested.
Gold still grinding. Gold still grinding. Gold still grinding.
V-shape bounce in progress for the Nasdaq. If we start getting closes above the 20-21K area, this should challenge all-time highs once again. Neckline to get bearish is still at 17K. Never front run a possible topping pattern.
For the last 5 times out of 6. Gold bottomed when the inflation rate lost a rising support line.
DISCLAIMER: YOU WILL NOT LIKE THIS !!! If you think we are heading into a 1970s type of stagflation environment... Don't expect miners to do anything spectacular. On the contrary they should underperform.
From 1966 to 1982, holding on to U.S. stocks was a painful experience, especially once you factor in inflation. But guess what thrived during that time? Gold, silver, uranium, crude oil & friends.
For gold stackers... Rarely have single family homes been so cheap.
Who else caught this ominous looking chart? Tech giant Apple (priced in silver) is breaking down after a failed move upwards. Warning signs appearing left and right...
Gold's OUTPERFORMANCE over silver is unrelenting! This ratio has a higher chance of unwinding AFTER the stock markets enter a bear market and bottom. Could take a while.
Purchasing power erosion is an important macro factor which helps carve out many charts we look at. The initial "Stage 1" decline is now complete. The next "Stage 2" decline is setting up right now. Are you ready?
Stress Test Debt Burden = Total Public Debt × Fed Funds Rate recession
Banks priced in silver. It's getting close. GOLD AND SILVER BULL ERA
Since 1861, silver and crude oil charts have trended together rather well. So, if you think there is a "cartel" which manipulates the silver, there must also be manipulating crude oil. Or, the more logical explanation is that capital flows are carving out these price charts.
Crude oil and silver ultimately go where gold goes. Oil's YEARLY log chart Silver's YEARLY log chart Gold's YEARLY log chart
It's just starting. You haven't missed anything. Get your popcorn ready.
If the US unemployment rate closes above 4.2%.. Things could get real ugly, real fast. See 2008 crisis.
For some, this seems a concept to understand... Yes, you can be BOTH bullish and bearish stock markets at the same time. It's all about TIME FRAME.
Stock markets STILL not out of the woods. The setup is there for an EPIC fail. But WHEN?