I have no doubt President Trump will win re-election in November. Landslide victory.
When this happens, expect previous metals to (really) explode as fiat goes (further) into hyper supply and tensions with China escalate further.
Fun times ahead.
Might see a small pull back to $1630-1680 first though.
Looking at SILVER, the price is nearing the end of this triangle.
In my view, poised for a break out. Some other interesting allignments also taking place.
Fibbonnaci time, when measuring the last wave, indicates the potential reversal zone around Sept 28th.
I would consider that more of a range though. Figure sometime between End of August and early December,...
Major deflation is ongoing. People are hoarding cash and there is a US dollar shortage. Stock market is soon ready for another vicious leg down, which will due to margin calls decimate precious metals. Silver will most likely go back to 2008 levels.
I was watching this last week and it has completed the pattern as of today. Watching this closely as the measured move is around ATHs in gold. Closing above the structure and ill be adding to longs.
Happy trading traders!
I see bearish divergence and a rising wedge in front of me right now. I am waiting for a 0.618 retrace to put my capital to work for the next year.
QE to Infiniteeeeeeee
TVC:GOLD
In March - October 2008, gold was slowly crushed under the weight of an economic recession in full swing and sold off approximately 25% from the highs in February 2008. As counter-intuitive as that may sound to gold bugs, it is clearly shown that gold did not begin to perform well until near the lows of the Great Recession. As we approached that time,...
Rational of Recommendation
1. Bullish pennant formation on the daily time framework
2. Price trade-in a range bounded take the opportunity with favourable risk-reward ration.
3. Buy on a support level of Pennant pattern and Sell on Upper range of resistance with respective stop loss level of previous daily High/Low.
I ended up being one of the most bullish investors with respect to Palladium for 2020 but even I was a little wrong! Many people called Palladium tanking in 2020 with 2000.00 being the absolute peak. Nope! My forecast was 2500 but I have revised the outlook, and here's why.
While most Palladium mines are in South Africa (which I already knew in my previous...
The DXY has been rejected off a key level from the 2 year uptrend, however, continued weakness will ultimately push the DXY lower and allow precious metals to surge beginning in 2020.
The weakness in the DXY is mainly in anticipation of a deteriorating economy sometime in 2020 as well as a massive expansion in the balance sheet (quantitative easing).
Once we...
Platinum was the king of metals just a few years ago (in terms of price, not at all market cap!)
Gold has since then delivered a knockout to platinum and showed once again that gold = the true king.
The gold/silver-ratio shows that silver and other alternative metals are outpacing gold in this recent rally and that a shift might be emerging.
With all the global...
Platinum has been on a nice uptrend. If Gold and Silver rally more i imagine platinum could see some of the highest % gains out of them all. I'm long but not too heavily invested. Some ETF's and Physical platinum wouldn't be a bad idea though just for a long term suicide stack. What do you guys think of platinum long term?
Checkout my youtube channel too if...
common earth. news.mit.edu
The solution is multifaceted-
the conditions are deplorable, for huge populations of the world, while there are techniques to create in a lab setting unique minerals, RAE has bottomed out and has taken a steady bargain at the .140 ish zone from 2005, All things considering it is safe to assume that the price will not go past the .211...
I entered GDX & SLV data into my models today (eue-te.wb) and found that both daily models suggest that Christmas 2020 will be the next optimal buy point for the precious metals & miners.
brschultz aka markettimer777
The last eight weeks had been nothing short of exciting, or painful to some. Meanwhile, let's look into a potential asset class/sector that could be the next to move... UP. Gold is one that appears to be coiling for a spring up. Having consolidated after a downtrend since September, gold indicated a slight bullish effort during the current correction in most...
