Oil's road maps to 200$ - 400$. Monthly historical chart used and 7 year rate of change.
Daily defined "lines in the sand" for the Nasdaq. Weakness in Tech stocks will eventually fuel precious metals.
Nasdaq entering a hibernation period. How long will the dragon sleep this time?
Silver's next move tied to Nasdaq's momentum. Resolution just around the corner...
Something BIG is happening in the cotton industries.. Thank goodness we don't use cotton in our day to day life!
Gold vs Silver Ratio Monthly Chart. See wicks as noise from smaller time frames. Will this end up being a wick?
My two path ways account for a 40% (2006) or 90% (2008) move.
Silver's bullish setup is there for the taking! The price structure is NOT like 2011-13, but more like 2004 -06 and 2006-08 moves.
Gold setting up the same way Ethereum did before it ran from 180$ to 4200$. HANG ON TIGHT!
If it wasn't clear previously, it's pretty clear now. The transition of capital flows from US equities to gold, silver & friends is under way. US equities preparing for a hibernation period when measured in gold or silver.
Do not fear the boogie man. Any upwards movement for Nasdaq vs Silver is an illusion of strength.
HUGE breakout for personal consumption expenditure price index on yearly rate of change. Back at 1974 levels. INSANE!
Even the PCE (personal consumption expenditure) is tempting a breakout! Check out the previous corresponding signals: 1968 & 2004. We all know what happened to commodities in those eras...
What do 1970, 2005, and 2021 have in common? I would say an EPIC move has just been unleashed...
Don't fool yourselves, it's coming. More impressive, sustained capital flows in commodity complex in 2022.
Year in review for US Dollar index. Momentum already broke down in 2020. Will we see the 7 year rate of change go negative in 2022?
Now, yearly review for US Dollar adjusted for producer price index tells another story... one of weakness.
Notice that the 7 year moving average smooths out silver's volatility. It actually has done higher highs since 1980, and if it's to follow gold again, will surpass it's 2011 moving average highs. I might need myself another coffee to review and better understand this chart.