surprise. yes, we are in big resistance the area that caved off the 11 highs. i can wait. and i dont think i will have to wait long
i have stated my fear.@some point as the next leg gets going ,silver will assume leadership. and platinum shouldnt be far behind silver
xi talked about raising tariffs on american imports. powell said little to nothing new. which is what i expected. the broad market is set up here.
much like weimar,i expect the next leg up in gold to be accompanied by the us stock market. after this crash in the market i see a new leg to new highs
stocks are real assets and will benefit from stagflation up to a point. when that point is reached the last man standing will be gold. in cycle theory there are 80/20 and even 90/10 moves that occur ie that is 80%of the move in 20%of the time.i believe that is the set up here after the excruciating long consolidation in gold, which ate up years.
well said amigo, fully agree. As I mentioned a few days ago just look at the MONTHLY charts - we are in the EARLY innings