What Happens Next? Economists describe inflation as “too many dollars chasing too few goods.” When you have too many dollars chasing the same thing, the chase will drive the price up. Things will become more expensive. If you look at the following chart of the U.S. Stock Market 1945 to 2021: www.macrotrends.net you will notice the stock market chart from the end...
My long time followers and readers know two things about the bond/credit markets: 1) They are by far the largest markets in the world even dwarfing the Stock/Equity Markets. 2) If you want to know where the Stock Market is going, look at the 10 Year Bond Yield (TNX). Of course, some argue that things have changed due to central bank money printing propping...
I always look for rounding bottoms. Gold is consolidating here, but I think the miners will continue to catch a bid, especially the microcaps.
If we break below the black multi-year support line, and if we test it's underbelly successfully by bouncing off the white 0.25 level of the Schiff pitchfork, which we seem to have done already, we need to fall below the white 0.25 level and turn it into resistance. If this happens and if we stay decisively below it, for several weeks, after multiple...
Total crypto market cap in blue and SPX500 in red. There’s a very clear correlation over the last year. Maybe this has something to do with the fed interventions that began around that time (repo markets). As the fed continues its course of “unlimited” action will we see prolonged correlation or is a divergence imminent? Only time will tell if unlimited and...
This is why fundamentals don't matter anymore. Can this end well? I think it's time to collect debt and use it to accumulate assets...
I was monitoring this ratio throughout 2019. Anyone following this could've seen that Gold was beginning to take US stocks's lunch money. You can clearly see that US stock outperformance over Gold ended in late 2018. You can then see that a series of lower highs and lower lows were formed, and you can also see that multi-year rising trend support was violated...
These (linear) charts show end of 2023 something has to happen. I suspect that we will see a new structure/change to USD as the reserve currency and the next 30-40 year evolution of reserve currency as uncovered by Mike Malone in hidden secrets of Money. Look at the exponential growth of the USD currency supply shown on the left, the fed balance sheet in the...
LOGARITHMIC CHARTS: These charts show end of 2023 something has to happen. I suspect that we will see a new structure/change to USD as the reserve currency and the next 30-40 year evolution of reserve currency as uncovered by Mike Malone in hidden secrets of Money. Look at the exponential growth of the USD currency supply shown on the left, the fed balance sheet...
RED DASHED PARABOLA IS ON LINEAR CHART. I will publish Log charts next. These charts show end of 2023 something has to happen. I suspect that we will see a new structure/change to USD as the reserve currency and the next 30-40 year evolution of reserve currency as uncovered by Mike Malone in hidden secrets of Money.
If this economy is doom, $JPM will take a serious hit. Short from $102.
On our way down to the final support floor of the untested double top from 2000 and 2007
Back in early October I posted a commodities chart. On that chart I shared my thesis that Gold's 6-year breakout in May would retest and commodities would follow on the next leg up. I later posted that "unofficial QE would add fuel into inflationary forces". With Gold breaking out of its healthy correction, inflation hitting 9-year highs, the Fed saying they will...
Once again, notice how orderly and well-respected the trendlines are throughout a 21 and 24-year expansion. Show these US stock market charts to anyone who tells you that technical analysis doesn't work. Study these time periods and become well-acquainted with the stock market parabolas throughout history.
In July of 1982 the S&P 500 bottomed and began its next bull market. It made a parabolic attempt in 1987 but was smashed down. Notice how orderly and well-respected the 13-year rising trendlines were. The SPX then made a 2nd parabolic attempt in 1995 but this time it was successful and lasted for 5 years. I'm sharing these analyses of previous parabolas in the...
Spanish mountain has very little debt and is highly leveraged to the price of silver. Very little downside here, tons of mid & long-term upside potential. Intrinsically undervalued company & assets. They're sitting on a literal mountain of silver trading well below their 2016 peak. Conservatively I see SPA / SPAZF increasing 150% in 2020. All this requires is...
This is just to track my purchase of AUD today. I expect it to appreciate vs the EUR and USD over the coming months; Australia is significantly exposed to commodity prices, which as showing signs of recovery, and Australia has government debt at lower levels than most of the rest of the OECD (I have seen % levels ranging fro 40.5 to 66% - depending on the source)...