Sorry politicians, sorry Trump! Oil is doomed to collapse, and the US Dollar has one way to go, up, it'll increase in value too much and kill American economy. Look Brent Oil chart above, do you see the three peaks it formed? Three peaks each one is lower than the previous, $147 in 2007, $100 in 2014, $70 in 2019. Look again, see the two bottoms in between,...
Hi there; I try to see precious metals through different lenses, happy for you joining me and see things differently. The above chart is the Palladium / Platinum Ratio, it shows how Palladium is expensive, and how Platinum is cheap. The Palladium / Platinum Ratio rose from 0.2 to 1.7 today. Buy Platinum, it's very cheap. Avoid Palladium for now, it's very expensive.
Hi everyone; Did you see Palladium monthly chart? Palladium price is forming a rising wedge. Till now, five subwaves were counted, I expect additional two subwaves to come before the wedge complete. Why? It's a natural behavior to corrective waves to unfold in seven subwaves. Also look at PPO Indicator ( Percentage Price Oscillator), it forms a contracted...
Cheap, Platinum is cheap. Today, we look at Platinum from an other angle, the Platinum / Silver Ratio. As the chart above show, the Platinum / Silver Ratio began above 130 and decreased down to 39 in 2011, then back up to 80, then down to 50 today. Also note the down trend line. The chart speak: "Platinum is cheap relative to Silver." The Ratio may decline to...
Hi There. A bright Decade ahead for Platinum. The above chart is for Platinum priced in terms of gold. Platinum / Gold Ratio . It shows a falling wedge, and it's almost completed. The Platinum/Gold Ratio had fallen from about 2.4 at 2007 to 0.6 today (2019) forming a wedge. The lower part of the chart is the Percentage Price Oscillator PPO, it's a momentum...
Gold / Silver ratio went from 100 to 30 in twenty years, a length of 70. Then, retraced back 80% up to 87 in 7.5 years. If next leg down to become as length as first leg (of length 70,) we'll reach Gold/Silver ratio 17.
As the chart show: 1) Double Bottom. 2)Inverted Head and Shoulders. 3) Wave v of wave 3 just started, it'll be strong. 4) Wave count 1 - 2 - 3 may be better replaced with A - B - C , to indicate it is a corrective wave that all Dollar Index history is corrective waves. 5) Each two consecutive waves consumed 3 years to complete. 6) This means the final...
The chart of Sensex index in terms of gold. It don't give a long history, only 11 years. I ran this chart to answer a specific question; Will a nuclear war happen? At least, will India participate in such thing? A country with booming market reflect a very positive social mood will not engage in a war. I don't have long enough historic data to get the big...
1000 shares of Osisko (OSK.TO) in terms of Gold ounces. OSK.TO is in a new phase up ( will outperform Gold in the coming years.)
Pan American Silver (PAAS) underperformed Silver Wheaton (SLW) for long time now, Pan American Silver (PAAS) will outperforme Silver Wheaton (SLW) for the next 3 years at least