Silver is going to EXPLODE HIGHERTake a look at this chart showing the disparity between US stock market prices, gold prices, and Silver from the end of the US Gold Standard (1971). All you have to see on this chart is the rally in Gold and the SPX recently. This is the EVERYTHING BUBBLE created by global central banks over the past 8+ years.
There has never been a time when FEAR and ASSETs have risen together like this. Global central banks have pushed debt/credit levels to extremes. Traders understand the risks and are already shifting capital away from stock market assets in preparation of a Fed rate hike. They know what comes next.
Silver has been so undervalued over the past 15+ years that the disparity between these price levels shows Silver has at least 150% to 300% upside price potential over the next 24+ months (or longer).
Now you know why so many people are talking about how the global central banks have fooled people into believing paper has any real value. Gold/Silver are value. Paper is just paper.
Learn from the Chinese. Over the past 6000 years, there have been numerous paper currencies pushed out as forms of value by rulers. Eventually - all of them collapsed. The locals realized this and continued to collect Gold and Silver (trading their paper for Gold/Silver when possible).
The unraveling of this EVERYTHING BUBBLE will be epic.
Follow my research.
GOLD-SILVER
GC - GOLD appears to be following IndicesWith the DX looking at a potential breakout on Overbought conditions, this appears to be shades
of 2008 May Timeframe.
A period where, against all odds then, Gold collapsed, seeing a similar pattern for GC now.
Silver appears to be leading the way as Gold in almost every Currency is breaking out.
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Daily Gaps below, a MACD that illustrates deep divergences.
A break of 1850 on volume will provide a better indication.
AUMN - The Best 3-Year Setup I've Ever SeenIMO, Golden Minerals, AUMN , has arguably one of the best and most bullish setups I have ever come across. It will be fun watching this one play out. Amazing risk/reward play with easy invalidation levels as well to protect yourself in this trade.
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REKOR İÇİN SON ALIMLAR XAG/TRYGGümüş bugünkü düşüş ile birlikte 11.30 seviyelerine iğne bırakıp 11.50 seviyelerine çıktı. Bu büyük ihtimalle son alım fırsatıydı. Önümüzdeki hafta 11.20 desteğine düşürebilirler. Büyük yükselişe hazırlık neredeyse bitti!
11.60 seviyesinin geçilmesi ile birlikte 12 den aşağı düşmesi mümkün değil gibi.
SNX big announcement and current price actionFull disclosure: I am long SNX with a current holding of 3,035 tokens held on the Celsius Network. I am currently grandfathered in and still earning 14.05% APY despite the recent SEC ruling inhibiting non-accredited US investors (like me) from earning interest. Damn big government bureaucracies. Here's a recap on SNX price action since yesterday's chart as well as SNX news release on recent upgrades and additions.
Price-Action: The last two days of price action have been tough on SNX, but it still remains above its 20-day MA (moving average), meaning we are still within the overall recent bullish trend. If SNX falls significantly further from here, then the 20-day MA becomes another level of resistance on the way back up. Let's hope that doesn't happen. Hopefully, with the recent changes/additions to the Synthetix Network, a rebound will occur sooner rather than later.
From the E-News Release:
As part of the "Nunki Release...eight new perpetual futures markets were launched onto Synthetix Futures. Not only were Crypto markets added, but commodities such as Gold and Silver were also added. Synthetix is excited to be the first on-chain futures platform to support these exotic markets. The new markets are as follows: SOL, AVAX, MATIC, AAVE, UNI, EUR, GOLD, SILVER."
"SOL, AVAX, MATIC, UNI, and AAVE markets will join a growing list of supported cryptocurrencies available for leverage trading through Synthetix Perpetual Futures. These assets have been available for spot trading for a few months now, and Synthetix is excited to allow traders access to leveraged perpetual futures in these markets."
"GOLD, SILVER, and EUR will be the first supported commodities and forex markets available for leverage trading through Synthetix Perpetual Futures. There is nowhere else in DeFi where you can trade Gold and Silver futures fully on-chain. Synthetix is the first on-chain protocol to support these exotic markets."
"An automated keeper was developed to automatically open and close GOLD, SILVER, and EUR markets when real-world markets open and close. Due to this development, there will be no manual intervention needed from engineers to open and close these markets."
To read further details visit their blog (sythetix dot blog dot io) or visit their Kwenta platform to check it out live.
Closing thoughts: To me, these are tremendous strides forward and takes SNX to another level. The token is scarce, the platform requires its utility, further enhancing value. And the project is beginning to blossom into full maturity. I know I am biased, but I will say it again... I predict new ATH (all-time highs) by 2023... beyond $30, perhaps $50 to $100 range. My free predictions are always worth every penny. --Garry
BULLISH OUTLOOK STILL PREVAIL ON BRENT OIL, MOVING ABOVE $100?Hello Fellow Commodities Traders!
From technical perspective, UKOIL has broken out of the pennant pattern. The price action also indicated a potential bullish movement on the long run.
All explanation will display on the chart.
*DISCLAIMER:
This isn't a recommendation to buy or sell Brent Oil, only an Outlook from technical perspective.
*FOLLOW and LIKES FOR MORE CONTENTS AND UPDATES*
GOLD LONG TERMHello everyone,
What I see on the chart is a movement from 1780 to 2074 (294$) (old resistance) and its 61% correction to 1890.
There are some minor resistance ofc but the main resistance is 1965.
If this level breaks what we ganna see is a correction with a double bottom which most likely means a "NEW GOLD HIGH".
If gold breaks the 1965, ı will be watching 2040 - 2074 and 2184.
1811 is the support however I dont think we ganna test there. There is really good strong buyer on the 1890 levels.
Strategy, Support and Resistance 4/10/2022The cryptocurrency rally in Bitcoin, Ethereum, and Solana has stalled but Monero is actually continuing. The stock market this week will open at critical support. There may be one more opportunity to get into the Google and Amazon split rallies before they happen. Gold and Silver bullish breakouts have failed. Oil is sitting at a key support level.
Vox Royalty - Good updateAnother positive update from Vox Royalty Corp. ,
We just need to see the price action reflect the momentum on the ground.
Precious metals are holding up, so producers are able to make more money. Though inflation will hit them with larger CAPEX.
Royalty companies don't bare any of the extra costs but can a slice of the revenues.
Strategy, Support, and Resistance - 4/3/2022The Cryptocurrency rally continues but should you jump in? I have fielded a lot of messages this week that are pure FOMO. I think traders and investors need to be patient going into this week as most cryptocurrencies have now hit a key resistance from this rally. The stock market is also bullish but where to? Has Oil topped out? Will Silver and Gold breakouts continue or have they failed? Are we about to see a run in EV stocks and Pot stocks?
Gold Cup and HandleCurrently a lot is going on in the world thats why i expect a huge rise coming year for precious metals
Since they always held strong during hard times i guess its still seen as a safe heaven.
Thats why i see demand going up and supply going down more eventually.
I believe in the future that crypto will play in this inflation story to.
''Stay safe out there''
Arc in GDXJ / GDX ratio points to junior mining bullmarketIf you make a ratio of Gold Juniors to Gold Majors, you will find that there is an arc in the making since 2010.
It looks like we are about to enter the fun side of the arc, where juniors outperform majors.
This is historically often a sign of liquidity and luster returning to gold, in the form of rising gold prices, and risk securities outperforming.
Got Juniors?
US10Y - Caution highHi everyone,
The chart is valid since 1986 and there is only one person who trades that channel is Warren Buffett. Now its on really good resistance and as you know there is a counter correlation with the 10Y Bond Rates and Commodities (not always ofc, the real interest is also impartant bla bla).
My expectation is that market has priced most of the FED's interest rate decision for the May and June. If quantitative tightening (QT) doesn't kill the markets, I expect the GOLD and SILVER to go higher levels. They also on the support lines. We will see..
BNB Chart with Whole World
SHORTLY;
There is no problem with the market's current situation. Most crypto charts are doing well. I chose to explain it with BNB TA. I don't talk about it for a while. I want to talk with a different perspective and then we can see a lot more for the future.
Again, eyes should be on Asia-Pacific's political events. I want to talk with different perspectives to the whole world.then we can apply it whole market include oil, gold, silver etc.
(China-Taiwan-India-Japan-Australia)
WHY EYES SHOULD BE ON ASIA-PACIFIC?
(with a simple and short way to explain)
Most reports now (and in previously shared reports), say, China's GDP will reach approximately $33-40 Trillion by 2030.
HSBC Long-Term Global GDP Rankings by 2030 (first 3)(which is published September 2018)
-China
-USA
-India
Lowy Institute World GDP Forecast by 2030 (first 3) :
-China
-USA
-India
Standard Chartered Largest Economies by 2030 (first 3)
-China
-USA
-India
etc..
Please scroll up and read results of reports again (first 3) because I think you didn't understand it, yet.
So, I don't believe Pentagon (which annual budget of $752.9 billion in 2022) will let it be. If USA will let it -I think won't- China's Silk Road (which is starts in China to (with Bering Strait) USA, even Africa! you confused, right? Most institutions (and current drawed maps) think this road only starts in China, ended in England-Rotterdam but it's not) take everything on the world..
I end this with a quote "you become what you understand" -Soren Kierkegaard.
Take Care Everyone.
ATTENTION:
This is only my forecast, don't take this as any financial advice, it's just my research and opinion. always do your own research! not financial advice.
WPM: BREAK OUT OF HUGE WEDGEWheaton Precious Metals Corp ., a mining company, primarily sells precious metals in Canada and internationally.
The company sells gold, silver, palladium, and cobalt deposits. It has agreements for 24 operating mining assets and 7 development stage projects.
The Russian invasion of Ukraine has brought some tensions in international markets.
With Russia being a major source of raw materials, metals and other commodities, the Russia-Ukraine crisis could affect the supply of these materials to the world and cause major inflation.
WPM seems to be a good hedge against inflation and market volatility for the following months .
Technically WPM is coming out of a huge wedge and could start a strong uptrend. Risk/reward ratio is good because u can place a stop loss below the breakout level.
All levels/resistances are on the chart.
Trade safe.