ConservativeOne1

ConservativeOne1

I see metals bottoming very soon....may get one more move down...but long is the way imo.

ConservativeOne1

Most are bearish on mkts right now....mainly due to dollar and yields strength. I see both the 10Y yields and DXY pulling back strongly from here...and thus metals and most likely stocks will rally into year end and perhaps well into 2024.

ConservativeOne1

I think most are leaning the wrong direction...I think yields and the DXY are pivoting and we will see a massive rally into year end for stocks and metals...

ConservativeOne1

Take a look at this ratio xau/spx...solid pivot in gold vs spx showing where gold is headed...note SPX may also rise with gold but at a slower pace...I suspect this is the case as DXY should pivot soon and start it's swoon down to 90

ConservativeOne1

Most are not seeing this version of the count...I think this count is dead on and earlier in the week we say the final pivot before we break $30

ConservativeOne1

It is pretty much do or die time for silver...I remain uber boolish, but the time has come for a major move or else we will dump hard imo...lets see which happens.

ConservativeOne1

Silver headed up to around $60 before major pull back next year....should get more than Double from here by year end!

ConservativeOne1

I see more down for DXY in the near term...through end of year...before a solid bounce...this will be boolish for commodities and stocks.

ConservativeOne1

This one looks overdone...If I am correct about the DXY and 10 yr yield pivoting then this should be a catalyst for the banks to pull back hard.

ConservativeOne1

looks like a reversal is about to start for the DXY...should lead to a swift pull back in stocks and metals...before we get another dump in DXY in the fall....I have closed most longs on stocks and metals expecting the change see below.

ConservativeOne1

Expect another move down then a significant bounce which will hit stocks and metals before a major reversal again.

ConservativeOne1

I see one more decent pull back in silver and gold before things really take off...I have raised some cash to take advantage of this expected move....

ConservativeOne1 Updated 

Take a look at this one...a real chance to get a 20x return if you ask me...a true lotto play in the junior miner space.

ConservativeOne1

Credit to Patrick of Badcharts...looks like gold finally broke out vs spx....a weekly close above 0.50 is the signal I have been waiting for...ALL ABOARD!

ConservativeOne1 Updated 

Silver pivot has happened...wave 2 is complete and wave 3 has started...hold on!

ConservativeOne1

Silver should run hard very soon for several weeks/months....all aboard the rocket to $40 Silver...or more!

ConservativeOne1

Either way I see DXY lower a year from now...perhaps much sooner. I see two basic paths right now...hard to know which will play out...but I am scalping short right now.

ConservativeOne1

Here is my primary alternate count on DXY....the last post showed one more major low before the hard pivot back up....this one shows that low is complete and we are now in the corrective ABC that should retrace 50-61.8% of the entire recent move down....then a major move low follows. Hard to know which of these is correct...but the longer term picture is...