Sunday 25 April 2021

Gold Stocks Ready Set Go

Lets review gold and silver stock charts, which look ready to shoot higher.
image1

The Richard Wyckoff logic applied to GDXJ (below) suggest the demand and supply accumulation phases are set up for higher prices over the next 6 months. Note the minor pullback (LS = Last point of Supply)  fails to break down into prior prices, this suggest strong demand is present. Also note the terminal shake out (or stop busting run, COVID spike) has allowed the informed to rid the weak hands out of long positions. 


NOTE: This chart is via RTT PLUS membership, from the RTT Wyckoff Campaign (RTT WC) watch section.


GDXJ




The longer time frame BLUE cycle suggest the gold stocks index (!XAU) is near a major peak, but not yet (RED cycle) and there is a window over the next 6 months for higher prices.


XAU



This video cover more readtheticker.com chart studies on the GDXJ.







Original Post: https://ift.tt/2QR46P7

Thursday 15 April 2021

Money Printing Asset Price Targets

The FED giveth and the FED taketh away. Right now the FED is giving a lot into 2022 US Mid Terms.
image1 

Unless the FED breaks the market, here are some BRRRRR asset price targets, not normal price targets but money printing adjusted price targets. 


BITCOIN 175,000 to 500,000 USD

BTC





DOW to 40,000 to 50,000

DOW1



More DOW

DOW2



And why not!

Original Post: https://ift.tt/3sgO2mQ

Tuesday 13 April 2021

RTT browsing latest..

Please review a collection of WWW browsing results.
image1 The information here is delayed by a few months, members get the most recent content.



Date Found: Saturday, 31 October 2020, 07:10:55 PM



Comment: Black line could chase the orange line..higher asset prices for 2021. Post US election pop!



Date Found: Saturday, 31 October 2020, 11:32:25 PM



Comment: Just like gold ...



Date Found: Thursday, 05 November 2020, 06:11:11 PM



Comment: The implications of PayPal stepping into Crypto youtu.be/_rmMlMwfQQs



Date Found: Wednesday, 11 November 2020, 02:17:47 AM



Comment: Financial conditions back to normal removing the worry from markets, XMAS rally ready seedy go!



Date Found: Wednesday, 11 November 2020, 04:34:12 PM



Comment: @MI2Partners 4h “We stand on the cusp of a new #USD cycle,” says @JulianMI2 Our long-term #USdollar model, which measures the number of dollars in the global system, shows just how low things could go... Potentially a 40% decline over the next few of year



Date Found: Friday, 13 November 2020, 10:09:45 PM



Comment: Bankers are rolling back tight leading standards.. they see good news ahead!



Date Found: Friday, 13 November 2020, 10:10:46 PM



Comment: A 10% to 15% drop in the dollar will send risk on assets to the moon!



Date Found: Friday, 13 November 2020, 11:05:56 PM



Comment: Are They Coming For Your Gold, Silver and Bitcoin?  - Martin Armstrong youtu.be/kF2NtwDdobM



Date Found: Saturday, 14 November 2020, 03:24:20 AM



Comment: Here's a thought experiment. What if the CBO's base case is as wrong about the next 10 years as it was about the last 10? And then the same for the next 20. Shouldn't that be the real "Base Case"? This does not include interest on add'l debt and assumes CBO correct on coupons



Date Found: Monday, 16 November 2020, 07:01:02 PM



Comment: Inflation cycle



Date Found: Monday, 16 November 2020, 07:02:18 PM



Comment: Do they matter!



Date Found: Wednesday, 18 November 2020, 03:47:21 AM



Comment: Everyone or Almost Everyone's Doing It? Japanification (New Zealand) youtu.be/eb50QPSBkDA



Date Found: Wednesday, 18 November 2020, 06:59:33 PM



Comment: @100trillionUSD I see no lengthening cycles, nor lower cycles in the data. I see stock-to-flow price patterns similar to last 2 halvings.



Date Found: Thursday, 19 November 2020, 05:45:26 AM



Comment: Blow-Off Period: Ending With A Disaster -Jim Rogers youtu.be/CU7KQ350HRM



Date Found: Sunday, 22 November 2020, 05:46:40 PM



Comment: Target $100,000 by mid 2021! WTF!



Original Post: https://ift.tt/3deMSUM

Friday 9 April 2021

Gold Gann Angle Update

The Biden Yellen team have made their play, and it is not US dollar friendly.
image1

Janet Yellen speech named "International Priorities — Remarks to The Chicago Council on Global Affairs" (here) can be summed to say (via Luke Gromen) 


POINT: The US is accelerating a move away from "subjugating the US middle and working class to support the USD", to "subjugating the USD to support the US middle and working classes".



Well the above is true, but as we all know large US deficits and the trend of the US dollar are joined at the hip, and that trend is down 'huge'.

Gold has pulled back recently and the question is: Is the low in?

Gold has pulled back to 1x4 Gann Angle, plus the 'T Theory' indicator suggest a low is also in, so this blog sides with the positive and continue to look for higher gold prices.



Gold Gann





Original Post: https://ift.tt/3tiKS32