When Platinum out performs Silver, it's GAME ON for inflation.
Newmont, Barrick, XAU index, HUI, and AEM. Mixed bag of which top first...
Looks outright ridiculus on linear chart... oh well. It'S been done before. Human behavior after all. If you do not learnt from it, you are doomed to repeat it.
30 year real yields up back above breakdown line... creating headwind for precious metals. This needs to breakdown convincingly for silver turbo mode... back in waiting mode... again!
Silver's inflation defined +1140$ Target. Goodness for this epic chart... everything moves faster in end game fiat currency regime, so the analog move identified might be, let's say, more explosive! #silver #debt #gold #fintwit $slv $gld
Forget the noise, this is THE chart to tell you what's about about inflation expectations.
So even after 16 years of going sideways in the 60's and 70's, the Dow was still (in real terms) down 53% when it broke out of that HUGE multi decade consolidation in 1982. Yikes!
Dow vs Silver's HISTORICAL Ratio... this is why. Silver will out perform Dow for many years to come once this breaks down. Just turning right now.
Melt down or not, US Equities are set to hibernate for a long time. As seen with Dow vs Silver ratio or this chart, next 10 years (maybe more)... you'll be losing wealth EVEN if your portfolio numbers remain the same. #silver #gold #fintwit #sitfolio
Good things can happen above 12 month moving average
Distance from moving average defined targets. Sliding scale concept. Remember, good things can happen above 1 year moving average.
Rio2 Limited on monthly log chart consolidation right below take-off platform. 10...9...8...7...
There I go again with targets and time to reach them! I have some help from real yields braking down. Should help move along fast.
Monthly close above 4.60$ confirms 12$ target. Are you ready?
US Equities last strong hold, morphing into a top pattern, never reproducing the out performance it once did in the dot com bubble vs hard assets. This time around, silver not getting fooled twice.
Gold's daily defined 2130$ upwards scaling target. Everyday it moves up. Also add a volume defined vacuum starting after 1945$. Enjoy! #gold #silver #fintwit $slv $gld
consolidation ABOVE breakout line = check price action still close to 50 day moving average with lots of room up = check stoch bounce off pivot line = check above volume defined wall = in progress
Silver's correlation .94 indicates price is mostly a currency (very high correlation to US Dollar). When this correlation drops, to very low levels, then you can be afraid we are in the end game melt-up.