EmptyEternity

Silver will launch when USDJPY plummets from Dovish FED

Long
EmptyEternity Updated   
OANDA:XAGUSD   Silver / U.S. Dollar
SCENARIO 1: EVERYTHING hinges on the carry trade. If USDJPY goes down, so will yields - making inflation higher and commodities will boom. Of course this is a mistake and Japan (and the whole world) will feel the effects off inflation here since DXY will plummet also to 97. Then when everyone blows up in the summer sparking a u-turn and the FED realizes inflation reignited, the FED will be forced to hike rates, as the BOJ goes back to negative interest rates. This will spark the largest explosion of currencies as the DXY goes to 140-160+ - blowing up last in the process.
This will give central bankers the opportunity to bring out CBDC's as they go negative interest rates hinged on social credit scores. That's unless Donald Trump can overcome all the cheating and banana republic shenanigans (arrest or assassination). If he is able to become president then he will move the USA back to a gold standard when everyone else (BRICS) is being forced to swear fealty to a digital yuan (remnimbi) that's backed by social credit scores.

SCENARIO 2: IF the FED goes hawkish, that will spark the blowup in currencies and markets, forcing silver down before catapulting when the FED erases interest rates, but I believe we are in for scenario 1.
Comment:
PCE inflation comes out on Friday when the markets are closed the FED chairman Powell is speaking. It won't matter if he is dovish or hawkish because the BOJ is going to start selling treasuries to defend their currency which will push down yields, causing inflation to hit the dollar, pushing USDJPY down and pushing up commodities.
If Powell is hawkish then we could get one more bump down to 22 area before rocketing after the BOJ takes action.

www.zerohedge.com/ma...r-low-against-dollar
Comment:
Here's the stock idea Endeavor Silver - the options are crazy right now and the whole thing is explained in the post:


THIS IS NOT FINANCIAL ADVICE!
Comment:
Right on time, BOJ is threatening intervention aka selling US treasuries and supporting the Yen.

twitter.com/GoldTele.../1773887121268396146
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Comment:
twitter.com/i3_inves.../1776296146928832853

Silver miners are the next bitcoin!
Comment:
www.urbankaoboy.com/...il-the-battle-of-the

Is great weekend reading that covers all the major players and their potential chess moves. It weighs possible moves and gives you a clear outlook of the market dynamics right now.
Comment:
Silver hit $30 in China session!! That's $2 or 10% in one night!!

twitter.com/Nostre_d.../1777176459339284930
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Back on track to $30 with the fakeout out of the way

twitter.com/hajiyev_.../1777352379509137907
Comment:
twitter.com/GoldTele.../1777669438818394383

India's importing of Silver in February went up 250%!!
Comment:
twitter.com/Northsta...891316031894/photo/1

He's right - take profit is going to be around 42 imo. Have your trailing stops ready!
Comment:
Will this begin the push down?
Comment:
www.zerohedge.com/ma...llen-fx-intervention

Will Korea and Japan's Plaza Accord spur a Chinese devaluation? Yes if they actually do it. It won't work for long as the dollar will come roaring back as everyone defaults from hyperinflation. Ultimately I see 250 for the Yen, the Yuan will be 8-10 by the end of the year. This means that the dollar will lose ground before skyrocketing - which'll boost metals and miners to ATH's. But when the dollar comes back because of some deflationary catalyst and dollar shortage, risk assets will lose value cause no one will have enough dollars.
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