Gold's bull era take-off platforms over the decades. Not quite the same, but definitely rhythms! Check out 3 important multi-year bases that create strong uptrend following it's breakout. Then the subsequent moves permitted to override previous highs.. and create news ones in the process. #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy $vix
Always nerving when volatility spike... human emotions are always stressed. Vix is the ultimate fear indicator. Need to watch and wait.. opportunity for silver junior miners being created. Look at the silver junior miners etf. For now, always correcting from higher lows. It's rinse and repeat but from a higher vantage point. Most will sell in fear, while patience...
We still haven't retracted to pre-March 2020 levels on the vix (12-18). Always the ominous presence of another black swan event. The crescendo increases in volatility is really highlighting the next critical catalyst for a strong move in markets. Combine to that a sustained US Dollar increase, confirms and signifies the threat is real. A simple point and figure...
Endeavor SIlver is destined to reach 8$. $EXK #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Alexco Resource is in a low risk & high reward situation... 7.50$ target, now at 3.44$ (Canadian Listed). $axu #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Fast recap for 3 important precious metals/commodity impact-full currencies... #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy $EURUSD $USDCAD
Bearish on 3 time frames... Enjoy those low "real" yields, bond holders and savers! #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Scenario where silver junior miners explode early November. #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Silver's logarithmic volume. Do you think prolonged reset OR imminent take-off? #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Gold's logarithmic volume to sync up with logarithmic price action. #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Silver Fantasy Sundays! Another case for 57$ target before mid 2021... then head into 2022-23 lows... before REAL meteoric rise to triple digits later this decade. #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Platinum approaching a bottom vs silver. Remember, platinum AND silver can both go up as this ratio keeps dropping OR rising, it just measures which one will go faster than the other. $PL_F #platinum #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
My brain seems to think on a different wave length before I have my morning breakfast... or 1st coffee! More CCI defined fuel for real rates to go down... and silver up! #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Newmont also waiting at the gates... watch closely where it closes 2020. A solid close above 61.50$ and the flood gates are wide open in Q1 2021 for ALL the precious metals complex! #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Silver's yearly chart is a work in progress. Lots of CCI defined fuel left before calling ANY type of bull market end or significant top. 2020 close above 31$ would trigger fireworks in Q1 2021. Enjoy the show. #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Arc's show the underlying momentum if you pay close attention... First Majestic's natural next target is 19.30$. $AG $FR #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Important base building in progress. Silver junior miners approaching point of recognition. Still early... 30$ target. #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
Okay, I went off the deep end on this chart... still no coffee! Inflation rate minus Fed Fund Rate and gold's reactions. Gold discounting in progress... #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy