BYD and china is shifting the game. with all those batteries which will require charging we need need electricity. Burning coal is cheap but uranium is better expect a secular bull run in URANIUM. get exposure to this trade by this ETF PDN also had a good run recently. also you can make bombs with it and USA is itching for another war with brown ppl.
big pharma ETF looking close to breakout im watching the monthly and daily charts. now that the masses have been educated to get a regularly jibby jabby, I expect higher profits to these drug companies. They are good for society as shown by "dopesick" movie. anyways. Lets come back in 6 months to check if this breaks out.
URA ETF is close to second level breakout daily chart shows a breakout already. monthly chart is at resistance but can move higher in the next month. Cup and handle pattern has formed on the monthly chart. Electric cars will need to be charged and BYD is going to overtake Toyota and Volkswagon in the next decade. While the empire was busy occupying, China was...
PDN is following the uranium breakout nice breakout for PDN. phase 3 Elliot wave now in place. target in the coming years will be $3.63 which is Fibonacci level. US just bombed Yemen today. As i recently said. USA was itching for another war .
Its only mid month but this month could end with a bearish evening star candle stick pattern......
When pricing the ASX200 in Gold instead of paper AUD. you can see the XJO hasnt gone higher but stay within a trading range. its important to measure things with the right measurement and not to measure things in something as unstable as paper money.
French empire still exists secretly in africa. french equities moving nicely within a channel I expect asset prices to fall in the coming years but i give the central planners credit for maintaining inflated asset prices for so long. But then again adjusted for real inflation equities havent gone anywhere in years.
SP500 has peaked again and will starting dropping like a brick. US 10Y yield is @ 4.6% today and the govt must try and save the $USD. they dont want interest rates to rise but they risk the collapse of the currency. target will be circa 3500 in the next 12 months. the collapse will being when the big players have already got their bets in.
Wars are inflationary. so expect interest rates to keep rising in 2024 (even tho they are negative in real terms) higher rates means lower share prices. lets see how the central planners react to the war and the goal is always to inflate asset prices but the problem now is the inflation can not be hidden by cheap asian labour anymore. The rise of Asia means...
now the price of this chart is rising. This means the yield of 10Y bond is rising harder then the 2 year. which means debt is more expensive. which means less cheap money. money is still cheap in real terms but now less cheap than a year ago. what will the central bankers do? inflation is hidden but still high and if your smart you know the govt numbers are...
price breakdown. fibonacci shows a price target of $18. Cathy wood is selling a dream.
short TSLA, price has broken down. still waiting for the truck. where is it?
elliot wave theory suggests that CBA is done. interest rates will continue to rise in 2024. Not because the central bankers want it but they have no choice.
BTC broke down out of a rising wedge pattern. OMG, the bounce is over. money is still cheap but buyers have exited (the big money has) the young generations have not seen a bear market yet but they will now have their lesson in a REAL bear market. now the B wave up is completed, now get ready for the C wave lower. FWB:13K is the next target. what ever...
Silver in its 3rd congestion phase. I estimate another 5 years of sideways movement before a giant break out. markets even though manipulated will find their true value in the end. just like the housing market worldwide is centrally planned. Eventually it will crash and burn. while some people hold 5 houses and others rent for life. real wealth comes from...
AUD is weak and historically it will bounce at this level of 64 cents. Unless directed by the US the RBA will raise interest rates soon and in 2024 to protect it from being a banana republic but they also risk crashing the housing bubble which they are also protecting at all costs. Wait for the big money to move out of housing before the collapse...
ASIA's century. the decline of the empire and imperialism. place your bets now. daily chart shows inverse head and shoulders setup. It can breakout but will it?
buy SBM @ support easy trade.. price is at the lower bound.