This chart has #stagflation written all over it. If initial claims are back at 50 year lows. Seriously, do you think it's going down even more? What did gold & silver do in the 1970s?
Gold ran 250$ (from 1100$ to 1350$) in 99 days last time this happened... #fintwit #gold #yields
Confirmed breakdown for #bitcoin vs #silver. One more support line to go...
#Cryptocurrency followers should really consider the #bitcoin breaking down versus #PPI chart. It just doesn't matter what you think, when the macro defined capital flows rotate out, it's game over. #fintwit
Gold & silver miners are once again historically cheap. That thick black line with multiple touches is the go-time breakout line. Precious metals complex will be much higher by the time we get a chance to test it. #silver #gold #spx #fintwit
Looks like oil has put in a capitulation bottom vs US equities back in March 2020. Note silver tracked the VERY well this ratio back in the 1970's. Forget the narratives, follow the charts. #fintwit #silver #dowjones #Oil
Silver possibly setup like 1971. Next move could bring us above 37$. #fintwit #silver
Silver's reaction to its 8 year moving average is quite compelling. Possible 84$ in 2025. #fintwit #silver
During 26 days, silver went down. Most of my Tweets had low retweets & likes. Even the famous 900$ gold call came back to life. Then in the last 4 days, this happened... #fintwit #silver
Very bullish reaction on critical support defined on silver's monthly chart. Next step is an actual breakdown of the gold vs silver ratio. Hang on! #patience #fintwit #silver
The Nifty is fighting for it's life versus India's inflation (India's producer price index as proxy). Stay clear until either that "wake up line" is breached OR the "Wall" right below fails. #inflation #Nifty
BREAKING OUT. It's happening on the smallest of time frames.
Non greedy measured move not reached yet. When it does get reached, that's the 1st intermission in commodity bull era.
Why are some still talking about #bitcoin and #cryptos? Capital flows are what drives price, which drives the narratives in the #cryptocurrency. Not the other way around.
For those wondering why gold was able to breach all-time highs... but miners & silver haven't? Easy answer, capital flows haven't shifted yet (as defined by gold vs spx). Note, they have broken out for ppi vs spx, which has always led to a subsequent breakout for gold vs spx.
#Gold vs #silver ratio chart still needs to get resolved downwards for silver & miners to thrive.
Confirming it's now time to #buythedip for gold & silver miners. #stagflation
August 1976. How many had given up on gold & silver miners? How bad do you think sentiment was? It then reversed on support, moving up 550% in 4 years. #stagflation