Short US purchasing power. Long #gold, #silver and #oil. 1970s type of purchasing power destruction incoming?
Don't tell me this silver chart fails to get your attention! 2023 can be an EPIC year for the precious metals. #fintwit #xagusd #silver #inflation #recession #gold
Gold & Silver miners (priced in gold) are just TERRIBLE! Do not let anybody tell you otherwise. #fintwit #gold #silver #miners
...Silver follows! Silver's "Reverse symmetry move" defined roadmaps. Close above 28$ enacts a fast move to 35$. Close above 35$ enacts a fast move to 48$. Expect violent overshoots. #fintwit #silver #gold #inflation #recession
This is what it could have looked like if that Livermore Accumulation Cylinder busted upwards for the #Nasdaq. Maybe then #Bitcoin could of ramped up to 1 Million. However, breaking down 7 year rate of change was a huge clue that wasn't going to happen.
While everybody is talking recession, the chart is telling me something else. Got silver? #fintwit #silver #xagusd #recession #inflation
Saturday morning coffee required. You see, even bear market rallies for US equities are an illusion, when you price them in gold. #fintwit #gold #inflation #spx
Silver Futures Quarterly Log Chart Silver getting squeezed... price action trapped #fintwit #silver #inflation #recession
See how well sugar tracks gold's 4 year rate of change... When one goes boom, so does the other! #sugar #gold #inflation #recession #fintwit
Silver is also a recovery metal. Look for it to rocket when FedEx starts outperforming US equities. #fintwit #gold #silver #inflation #recession
coiling price action, above inclining IMPORTANT support (18 year moving average)
Where is the #Tesla "fundamental metric" defined exit? #fintwit
Home prices in US still undervalued versus US equities. Note, they also track same capital flows as #gold (defined by ratio vs #spx). Oh yeah, also breaking out! #fintwit
How are you going to take profits if you are simply looking at fundamentals/narratives/stories? Please don't ride all the way back down, use charts! #bitcoin #fintwit
Total Public Debt multiplied by increasing Fed Fund Rates equals trouble! #Recession along side rocketing initial #jobless claims right around the corner. #Gold and #Silver also have a high probability of rocketing.
What does #FedEX and #Bitcoin have in common you might ask? Same price action.
"EXTREMELY BULLISH OUTLOOK" massive wick below support (noise from smaller time frames)
#Bitcoin is down 75% versus #Silver since peak. It has been underperforming for over 400 days now... Who cares about the brilliant marketing stories around #cryptos. Why are you still #hodling again? Follow the price & evidence.