This is in a strong bearish monthly trend, and appears to be targeting around $800, with support on the downside to $740. Although market is Bearish now, Platinum is going to get a lot of demand boost in the coming decades! The supply/demand dynamics are overblown. Expect $1200 + in around 4 - 5 years (2022 - 2023)
Although this ratio implies stronger Oil versus NAT GAS, the longer term picture implies stronger prices for NAT GAS vs Crude OIL. OPEC can't sustain this kinda market forever !!!! Please leave your thoughts and comment below
Assuming 4% annual at 25k, YOY growth, and we have price target of around 55 000 Dow Jones in 20 years (2038)
Dow measured in real commodities, like XAGUSD, and XAUUSD is very strong right now. One can interpret this chart two ways: First, measured in PM's the DOW has been in a downtrend since 1999 - 2000 and this rally is a in fact a bear market rally or ......
www.zerohedge.com
Morgan Stanley argues that the market is setting up for a run at, or above the top, and may target and reach 2950 - 3000. Trend reversal should occur around 2780 - 2800. 20% downside on 2950 is 2360, but S&P may inevitable test multi decade support at 1475 - 1560 in an ideal bear case scenario
Possible highs this year
$69
$70
$71
$72
$74
$75
$77
Expecting next low around $16 - 22 in and around 2022 - 2025. OPEC is setting up for another oil crash, it's very obvious because there's no other reason they would allow to run out of control like this ... OPEC knows the market is shortest it's ever been and it's trying to squeeze. Expect new oil bear from this
Everyone is very bearish on natural gas because of the rising production coming out of Canada, and the United States. Although natural gas is bearish to moderate in price action, I believe that over time it will play a more pivotal role in the energy system than crude will. Natural Gas is holding up fine, and the price action in 2012 may prove to have been a...
RED ARROWS ARE LOWS. IMPORTANT DATES ARE OCTOBER 1990 LOWS of .104 SILVER OUNCE / BARREL OF OIL and ALL TIME LOW in AUGUST 2005 of .095 SILVER OUNCES / BARRELS OF OIL
GREEN ARROWS ARE HIGHS. IMPORTANT DATES ARE AUGUST 2011 HIGH OF .523 and ALL TIME HIGH in FEB 2016 of .584 SILVER OUNCES / BARREL OF OIL
BLUE ARROWS ARE HIGHER LOWS
Speculate on the next move in...
Same story as Silver, but this is for my richer viewers. Many wealthy people have too much fiat to buy silver, as it's a small market! Could Gold go back to 1 : 1.25 ? Give your thoughts and opinions below!
Many pundits would acknowledge that in 1982, after the Volcker shock, the capital markets in the US started a bull market that continues to this day. This also coincided with the greatest decline in interest rates, and the largest bond bull market witnessed in the modern era. During this period credit expansion, technological development, and cheaper and cheaper...
Last few years has been tough on silver bullion investors, but thankfully I only started my investing at 2013 bottom. Silver continues to consolidate, and underperform. I expect momentum on the downside, but I advise long term investors to take it as opportunity to buy. In 2019 - 2020, consolidation ought to be coming to an end and the momentum on the upside...
