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golds next leg higher


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#11 dharma

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Posted 20 March 2020 - 10:34 AM

jabat many planets go retrograde later in the year. needless to say these are very interesting times in an 8 yr period venus will go retrograde 5 x (note the fib) venus rules love and money and retrograde periods are not favorable for stock prices. frankly , i think the 1st 1/2 of the year sets the stage for the inflation that will rear its head into the 2nd 1/2 of the year and beyond. maybe thats why so many regular participants are not posting. anyway whats interesting 8yrs ago(2012) venus was in the exact place as it will be when it goes  retrograde this year.  so a fractal may a great way to guide through that upcoming period.  i still use the 70s as a fractal for todays market. the 70s was more condensed then todays action, so on a daily basis i have not been able to navigate using that as my compass.  no doubt venus is a powerful indicator for finances.  what i see is the fed is going to try to keep the governments and banks from imploding  they are going to provide liquidity= they are going to print the resources to keep the system afloat. which is going to debase the currency. at present the synthetic short position in the dollar (coined by r russell back when) is providing great strength in the dollar exacerbating the problem trump needs a weak dollar for the usa.   

i feel like i tend to be verbose.  so i will end it there.   also mars goes retrograde. which i believe will lead to conflict in the middle east

now what i was going to say is 1496 breaks into the next higher price cycle a couple of closes above there and gold is indicating higher prices after a 5 wave wave advance , if that is what we get then a 3 wave correction is in store. and that should occur while venus goes retrograde

dharma



#12 dharma

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Posted 20 March 2020 - 10:44 AM

hadik-


March 16 - 20, 2020 is the culmination of a 70-week low (July 10 - 14, ’17) - low (Nov. 12 - 16, ’18) - low Cycle Progression

March 16 - 20, 2020 is also the latest phase of a 14- week low (July 10 - 14, ’17) - high (Feb. 18 - 22, ’18) - low (Nov. 12 - 16, ’18) - high (Sept. 2 - 6, ’19) - low (Dec. 9 - 13, ’19) - low Cycle Sequence

March 16 - 20, 2020 is also the midpoint of the 28- week low-low-low-(low) Cycle Progression that helped pinpoint the Dec. 9 - 13, 2019 low and ushered in the bullish period into late-Feb./early-March ’20. 

March 16 - 20, 2020 is also the fulfillment of an overlapping 28-week high (Feb. ’19) - high (Sept. ’19) - low Cycle Progression

March 16 - 20, 2020 is also the fulfillment of a 7-week high-high-low-(low) Cycle Progression that was discussed in mid-Dec. and late-Jan. - when the two preceding lows were forecast. A low on March 16 - 20, 2020 would divide this 7-week web of cycles and the overall 70-week low-low-low cycle into a proportional 42 weeks up & 28 weeks down. Once again, this 7-week web of cycles comes back into play and could time a much more significant bottom in Silver.

 

note mars goes direct monday, which could ignite rallies in the metals

dharma

i thought folks might find this interesting since hadik is astute



#13 dharma

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Posted 20 March 2020 - 11:08 AM

gold dsi =35%

hgnsi =-14%

fed is now buying munis

dharma



#14 Smithy

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Posted 20 March 2020 - 11:50 AM

Thanks, dharma, all grist for the mill.



#15 gannman

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Posted 20 March 2020 - 10:36 PM

i think gold is going to unimagined levels. the physiclal is the thing to hold imo

 

we are witnessing an unraveling of the economic system 


feeling mellow with the yellow metal


#16 Russ

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Posted 20 March 2020 - 11:49 PM

Eddie timing trades cycle chart from the Tria days showing  late April for a Gold low  (hit reload to get it to run).... https://stockcharts....27150212137.png


Edited by Russ, 20 March 2020 - 11:50 PM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#17 dougie

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Posted 21 March 2020 - 01:08 PM

if gold does not run on these trillion dollar packages...

so what do the power brokers do? They MUST supress gold here. Anything less is a threat to national security



#18 Russ

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Posted 22 March 2020 - 06:49 PM

Eddie timing trades cycle chart from the Tria days showing  late April for a Gold low  (hit reload to get it to run).... https://stockcharts....27150212137.png

Correction, chart looks more like mid-April for the low,  I have around April 3 for the spx low and Armstrong just wrote his computer sees March 23 and the week of April 6th as important. " The computer has been projecting the two target weeks of March 23rd and April 6th since the start of the year. I believe we then see is the dust settles. But Anthony Fauci will go down in history as the Destroyer of Worlds. I have never in my long career ever witnessed such absurdity as this man has created. Yes, it is true if we all stayed at home we can beat the common cold.  For this guy to only look at his field and say that is the solution is beyond comprehension. He is clearly a LINEAR THINKER and the press has been a coconspirator because they have ONLY been interested in selling advertising by hyping this to insane levels but they are foolishly destroying the very people who advertise. The medical profession which just follows orders is unknowingly losing their pension money. Some states may even use this to justify seizure private pensions for the people’s own good.

I have spoken to a fairly large company that is still not in what we would classify as “big business” and the solution that they have come to is they will stop paying bills to preserve cash. Others have said where they had been looking at reducing high paying jobs easing them out over the next year, they have brought that forward and are using this crisis as the excuse. These decrees that small business must shut down, has anybody bothered to decree that their rents must also be suspended?

Unemployment-2023-1024x785.jpg

Anthony Fauci has created a Great Depression and unemployment will jump from the lowest since the 1960s and may retest the Great Depression high of 20%. There was a forecast that unemployment would retest the lows going into 2019 and then rise into the 2023 period where it could be a slingshot up to retest the Great Depression highs. It has always been my job to just report what the computer projects. Some people try to challenge me on a personal level. You cannot fight the message, so attack the messenger. I have said every time that I second guess the models, I am the one who is wrong. This was one such forecast I was uncertain about. I could not see fundamentally how the economy could collapse so fast. But low and behold, fate has given us Anthony Fauci which I believe will have destroyed more businesses and wiped out more jobs than any economic event historically surpassing the Great Depression and war."


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#19 dougie

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Posted 22 March 2020 - 10:21 PM

Armstrong have a plan to prevent mass deaths other than Faucis? this aint the common cold.

 

it is true that the cure MIGHt be worse than the disease...might be. But faced with an italy like situation what do you propose>



#20 dharma

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Posted 23 March 2020 - 11:04 AM

mars the "trigger" into capricorn where it is exalted  gold goes to 1543 i am waiting to see the structure of this advance i am looking for 1596 or 1584 as targets for this advance.   then my best guess is a retest of the lows. what the government/fed is doing is similar to what i have been waiting for expecting all these years.    they are no longer the lender of last resort , they are the buyer of last resort.  how much money they create will determine if this is stagflation or hyperinflation. i am in the stagflation camp.  

as gannman said above gold is the thing to hold. the other areas of the sector will gain life.   this all makes me sad.  life here has changed so quickly. bombed out shelves @ the markets.

dharma