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Predictions: Gold, Bitcoin and Stocks

T Theory Armstrong Bradley Gold

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#1 Rogerdodger

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Posted 02 December 2020 - 01:05 PM

Predictions make for fun reading.

But then again, like the fortune teller who got hit by a truck; She just didn't see it coming.

 

The Bradley Siderograph gold indicator for 2020 is December 2nd

 

Last week's T-Theory Thoughts: "Moving on to Gold, we are near a cyclical low" (May have nailed it)

More T Theory predicts market strength

The Present Shape of Things:

"The ‘improved’ chart that I am now following shows that January 6 is not the final conclusion of this present T. In fact, it appears that we have an even longer period of strength that should last until April 29, 2021."

 

Martin Armstrong: Analyzing Bitcoin
"Volatility will start to rise in December and scale into a Panic Cycle by next June."

 

Bitcoin news:

Visa will offer a credit card that rewards purchases in Bitcoin, rather than cash or airline miles, in early 2021

The card comes at an annual fee of $200
Users will receive 1.5% of their purchases back in Bitcoin and a bonus of $250 in the world's most popular digital currency after spending $3,000 or more within the first three months.
Cryptocurrency startup BlockFi, Visa's card partner, said it "offers an easy entry point, enabling consumers to accrue bitcoin through everyday spending."

 

BUT... A different market maven 4 months ago predicted: Chances For Big Bitcoin Drop

BUT... then Bitcoin went from $11,000 to $19,000+

Another "Didn't see the truck coming" fortune teller!

 

Gann used certain key dates to time tops and bottoms. He often advocated December as a time when assets bottomed and topped – the month exactly that Bitcoin both topped and bottomed in 2017 and 2018.

Bitcoin tops or bottoms in December, but it isn’t clear from the Siderograph which direction the trend will turn.


Edited by Rogerdodger, 02 December 2020 - 01:36 PM.


#2 sixpack

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Posted 03 December 2020 - 12:41 AM

I'm not a big Armstrong fan, but it is hard to argue against a reset in the future.  The real question is when? Years?  Decades?  Who knows. The fed has thrown in the kitchen sink and then some.  Market rises are unsustainable without inflation IMO.  Without inflation the market would simply rise and fall without any real upward trajectory over time.  So without inflation where does the market go?  Mathematically speaking, exponential moves towards infinity are simply not sustainable in the market. The forces that drive the market are finite.  So the fed has put it all on the line here.  Without inflation, we will likely see negative interest rates next.  I would become very concerned if international trading starts to trend away from US dollars.  The belief that somehow the whole world will learn to get along, especially with currency is naive at best.  Europe tried and is not working.  Greece?  Brexit?  Do I dare mention China and their bag of tricks? At this time it appears corporate America is running the world and it has gone too far to turn back now.  The international tug of war will begin there.  It's a good thing our country is rich in natural resources.



#3 Russ

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Posted 03 December 2020 - 07:48 AM

Last September on the TT Gold board I predicted Gold would go down into the end of November,  I refined the signal and later said on Dharma's post that it would go down until Nov. 27 and normally the signals are +/- a day so the low came on the following Monday Nov. 30.  The signal was first confirmed in August which I shared then with a programmer from Tradingview. I also predicted the low to the day on Nov 12, 2019 from the previous summer on the gold board. This is one of dozens of correct predictions I have made over the past couple of decades, including in early 2007 I predicted the housing market would crash into the spring of 2009. I am not perfect but can predicted months or years ahead when a strong signal appears. 

 

Original post on gold board: https://www.traders-...t-breaking-out/

 


Edited by Russ, 03 December 2020 - 07:53 AM.

"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/

#4 sixpack

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Posted 03 December 2020 - 08:53 AM

Last September on the TT Gold board I predicted Gold would go down into the end of November,  I refined the signal and later said on Dharma's post that it would go down until Nov. 27 and normally the signals are +/- a day so the low came on the following Monday Nov. 30.  The signal was first confirmed in August which I shared then with a programmer from Tradingview. I also predicted the low to the day on Nov 12, 2019 from the previous summer on the gold board. This is one of dozens of correct predictions I have made over the past couple of decades, including in early 2007 I predicted the housing market would crash into the spring of 2009. I am not perfect but can predicted months or years ahead when a strong signal appears. 

 

Original post on gold board: https://www.traders-...t-breaking-out/

 

 

Good stuff!  Thanks for posting it here.  Looks like a good area to nibble.



#5 Russ

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Posted 03 December 2020 - 08:59 AM

 

Last September on the TT Gold board I predicted Gold would go down into the end of November,  I refined the signal and later said on Dharma's post that it would go down until Nov. 27 and normally the signals are +/- a day so the low came on the following Monday Nov. 30.  The signal was first confirmed in August which I shared then with a programmer from Tradingview. I also predicted the low to the day on Nov 12, 2019 from the previous summer on the gold board. This is one of dozens of correct predictions I have made over the past couple of decades, including in early 2007 I predicted the housing market would crash into the spring of 2009. I am not perfect but can predicted months or years ahead when a strong signal appears. 

 

Original post on gold board: https://www.traders-...t-breaking-out/

 

 

Good stuff!  Thanks for posting it here.  Looks like a good area to nibble.

 

Gold has come into the .38% resistance with a bear flag on the 60 min chart, so any pull back here should be a good buying opp. Eric Hadik the cycles expert is looking for a bigger low end of year which I doubt but we'll see. 


Edited by Russ, 03 December 2020 - 09:00 AM.

"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/

#6 Rogerdodger

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Posted 03 December 2020 - 02:55 PM

If all of the market commentators were laid end-to-end across the country, I wouldn't be a bit surprised.  ;-)


Edited by Rogerdodger, 03 December 2020 - 02:55 PM.


#7 Rogerdodger

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Posted 11 December 2020 - 11:18 AM

T Theory from normpie  @  https://ttheorygroup.science.blog/

 

See chart on link:

GBTC Follow-up

there is an ending to the T. The period of strength that began in March is officially over.

Can we rally from here? Yes, this is still a bullish looking chart. RSI and MFI might stabilize at 50.

But the usual outlook for a move above the envelopes is to at least hit the bottom of the inside, grey band


Edited by Rogerdodger, 11 December 2020 - 11:19 AM.






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