Tuesday 23 November 2021

Gold and Silver still working higher

Using Gann Angles from zero we can time the next run up, and it is near.
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The last two days gold and silver are down on the back of central bankers talking the US Dollar higher in a attempt to off set inflation. A rising dollar is a form of tightening. Also the talk of a faster 'taper' has sent interest rates higher. But Luke Gromen knows this cant not last.

@LukeGromen Externally-financed twin deficit nations with insufficient external financing (ie the US, not Japan) cannot abide rising real rates for long.


RTT Comments: What this means a higher US Dollar makes it harder for those outside the US to buy the vast quantity of US Treasuries. 


US dollar based debt has jumped from $200T to $330T in one short year. Higher US interest rates will hurt those who have to pay on these loans. The US Government interest expense is sky rocketing, the interest expense is equal to the US Defense budget.

If the trend continues stuff will begin to break. Jay Powell has just been re appointed as Fed Chairman and you can bet a deal was done with the DEM's the FED must not let the markets blow up before US Mid terms late 2022. Interest rates can not go too much higher, the Feds fat finger is near. More money printing is near.   



Gold with Gann Angles from Zero

Gold




Silver with Gann Angles from Zero

Silver



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Date Found: Saturday, 21 August 2021, 12:40:59 AM



Comment: @TaviCosta Wild divergence. Major decline in Asian stocks suggests a systemic selloff in global equities ahead.



Date Found: Saturday, 21 August 2021, 10:23:51 PM



Comment: @crescatkevin With CPI understated and rising inflation unlikely to be transitory, the timing to buy undervalued small cap precious metals miners and sell overvalued large cap growth stocks is probably as good as it gets.



Date Found: Tuesday, 24 August 2021, 05:46:05 PM



Comment: Precious Metals At Their Cheapest Levels Relative To Other Commodities Since 2009 (@TaviCosta)



Date Found: Sunday, 19 September 2021, 12:39:37 AM



Comment: @TaviCosta You know something is wrong in China when industrial production of steel is at its lowest levels since the Global Financial Crisis. This is much more serious than the meltdown of a massive property developer. These are the signs of a countrywide debt problem now unravelling.



Date Found: Sunday, 19 September 2021, 08:10:50 PM



Comment: @TaviCosta Very important chart. Chinese growth stocks have led the changes in CNY. It now suggests that a yuan devaluation is still ahead. An illustration of how the shock in the financial markets of a highly levered economy tends to be the precursor of further monetary disorder.



Date Found: Wednesday, 22 September 2021, 10:34:25 PM



Comment: @BlackbeardRR The PPI 7y ROC may naturally augment each month from October 2021 - February of 2023 (as a result of a falling PPI from 2014-2016). Transitory, I'm sure. Where will all these input costs go?



Date Found: Wednesday, 22 September 2021, 11:31:31 PM



Comment: @OrdOracle FOMC meeting tomorrow, could produce move in markets. Monthly Inflation/Deflation ratio Bollinger Bands are pinching suggesting large move in Gold market may be forthcoming.



Date Found: Thursday, 30 September 2021, 09:03:23 PM



Comment: China Excess Reserve Ratio and Credit Impulse (Leading Indicator) – ISABELNET



Date Found: Thursday, 30 September 2021, 09:05:44 PM



Comment: More Chinese Juice Coming



Date Found: Friday, 01 October 2021, 09:57:44 PM



Comment: @TaviCosta Total capitulation. Silver miners’ ETFs just had their worst quarterly outflows ever. Almost 3x as much as what we saw during the pandemic crash. These companies have become insane deep-value opportunities. Time to step up.



Date Found: Saturday, 02 October 2021, 04:26:12 AM



Comment: @TaviCosta Silver has some major catch up to do. Overall commodities are leading the way and look ready for another big move to the upside after consolidating.



Date Found: Wednesday, 06 October 2021, 01:56:11 AM



Comment: (1) ISABELNET (@ISABELNET_SA) / Twitter



Date Found: Wednesday, 06 October 2021, 05:33:00 PM



Comment: @TaviCosta Repeat after me: The Fed is trapped



Date Found: Thursday, 07 October 2021, 04:31:15 PM



Comment: @IGWTreport #IGWTChartbook2021 One reason for the slow increase of inflation can be seen in “US Velocity of Money, 1904-2021” money velocity plummeted. This is about to change.



Date Found: Monday, 11 October 2021, 04:13:27 PM



Comment: Ready to move!



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Tuesday 16 November 2021

Dow Gann Angle Update

Blue skies are shining on the Dow. Dow 45,000 will be printed.
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The big boys need an investable rally to unload on the those coming to the party late in the game. This is now in play. This means a 'market mistake' odds are growing. The big boys know something is coming, they may not know what, but the probabilities are swinging towards market top in the next 12 months.

The US stock markets tend to peak out before US mid terms, as big whale investors get cautious, so lets say March to May 2022 is a time zone to watch out for a market top.



DJI



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Sunday 7 November 2021

Ethereum Strategy Charts

Time to review short and long term Ethereum charts, can bitcoin really get to $20,000?
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Ethereum is deemed to be the silver to Bitcoin (gold), as it has wide crypto industrial use. It is the hottest percentage gainer on the planet with size. A road runner! We are near a break out, and where will price go if it has one of Ethereum's glorious price runs. 



Chart 1 - The short term RED CYCLE is working well into 2022 Q1


ETH1






Chart 2 - Says a target of $15,000 to $40,000 is on the table.

ETH




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