Meanwhile in crypto:
I said a while ago I would see if i can get a medium to longer term projection to post here.
This does not work so well on the metals (on that scale) so I ran it on some stocks.
Here is Newmont NEM with the usual robust and responsive projections. There are two responsive projections shown, one in smoke blue and the other in grey, and neither of those have the reliability of the red, but they do show greater detail which is useful on the occasions when they apply to price action.
The fall in 2013 appears to have triggered an inversion, (or it was caused by an inversion, which could be a manipulation contra normal cycles) which ran for about two years. The inversion may have ended, but this is not yet clear.
I give dates for the next major inflections proposed by the robust projection.
There's a lot going on in that chart. It takes quite a bit of examination to check past reliability, times of importance, prices of importance, whether the future red projection is working normal or inverted towards the next turns/breaks, and to evaluate it for it's possible future value. (if any naturally!)
Anyway I said I'd do it and here it is for whatever it's worth. Long term projections are considered by many professionals to be worthless, but I do them for myself, apparently wasting time and effort for some strange reason.
I'll do one more in a long established silver stock bring it here during coming months. It takes a lot of work and won't suit www publication for a while. Maybe in Q3. I am considering Couer Mining, that one being around a long period and mainly silver, but suggestions for another stock instead are welcome. Only stocks with lengthy quoted history, eg well in excess 25 years, are stable enough for justification of the work involved.
Pretty much the same cycle pattern as the chart I posted here the 23 Dec. A final wave up before a greater correction. I am betting on a summer high instead of a high in 2-3weeks that Mr Fattal video predicted a couple of days ago.
This is a modified chart from AM's GLD chart, the cycles in gold are almost crystal clear.
Global financial crisis milestone/phase marker:
Royal Bank of Scotland (RBS.L) hopes to reach a settlement with the U.S. Justice Department over alleged mis-selling of toxic mortgage-backed securities this year, its chief executive said ....
Here is the way I look at an item like this:
The next phase of the GFC process can begin when an adequate number of issues from the previous phase have been cleared. Next phases can be loosely described as continuation, reversal or consolidation, but (usually) not the same as (kind of phase) which was already just finished.
This news just put in MSM ( if you can call it that)
Silver66 Rage against the dying of the light
Let me see ... during Macron's term in power, Sarkozy was arrested and possibly because he accepted money from Ghadaffi who was planning to use gold to oppose the Anglo-American fiat backed banking dominated cabal.
And Ghadaffi lost everything. But Sarkozy is still around.
Cleaning up French politics of bribery and corruption, or eradicating resistance? Hmmmmm .... I wonder ... it's so difficult to guess ........
I suppose you'd need to know who supported Macron to know that. For that we need to peek into Macron's past - the youth who made such an amazing speed of social ascent to lead France now. Where did he work before moving into politics at an surprisingly senior level under Hollande? A big bank. Which one? It's so hard to guess...
I was posting about them raising cash recently .... and reducing Austrian exposure .... here in this thread. Financial power is a surprisingly small world.
And why Austria of all places? What happened to the government in Austria recently? Did the cabal lose control there? Or some measure of its control?
The jigsaw's coming together and it has an ugly picture on it. Normies will be shocked. But as Antal Fekete said, (roughly) "Did you think the hydra would give up willingly?".
Speaking of cashing in their chips and going to cash. You are aware of Zuckerberg's ongoing insider sales of Fartbook? That place must have a beautiful future. Anybody ready to call peak FB yet? Or if peak is passed, call a low. I found this date early in Q4 2018 a few minutes ago that intrigues me greatly.
Seems to continue as mentioned in the stock market. This is a good sign from this person perspective. More Bears coming ot the market now. Looks like we continue the volatility for some time near term....the big trade is still ahead of us though.
Gold as mentioned not looking so good...we are not ready for prime time and unfortunately there is that chance we could go below 1150 at some point.
Does $1305 look important to you?
Much in target. Retest of the Feb low ? The bears coming out blaming this and that. Let them be the bears. The surprise will follow. But we must wait a little longer.
The gold play not yet. Could we have to wait to 2020-2021? printing has not done anything. Just a lot of bull horns and the battery has died.
no dow crash. Just enough to get everyone wild
Many years ago I met up with a lady who was with a big bank. I will not mention the name but it was one of the top 3 banks. We became close in some ways. One night we started talking about the inner workings of the economic landscape. The economic ecosystem is vast and there are many areas of workings that the normal person may not be inclined to be aware of. During this relationship there was discussing on the inner chamber of this certain bank that used different mediums to help uncover specific areas and trends that would help the bank with specific types of thesis and decisions. It was initially implied that multiple areas of explorations where being used that came from the chambers of the other echosystem--the one that many never talk about but exist. Outside of charting and trend analysis these methods that where being used where not of the norm. Esoteric underpinnings became part of the conversations. It soon became appearnt that viewers and projection methods where being used to help ascertain market next moves. Time fluctuation and other time methods where being used to help provide clarity to potential future events. As I became more aware of these methods I started my own study to see if some of these areas that my lady friend spoke of could be used to help me understand how the markets may move next or what economic dimesnions in the echosystem would be shifting.
To my surprise I started to uncover and expereience moments of insights throught internal communications that helped decode directions and patters that may yeild outcomes in my favor.
These insights came through different means, which I will not go into, but where provided to me in a way that at first didn't make any sense... I started discussing this with my lady friend who provided me some context to what I was observing and helped me decipher some of the language of the otherside. These otherside moments started to come into vision and i was starting to put to use the symbols that where coming in.
To my surprise I started to see and hear market moves before they would move a certain way. I learned that there are people that have perfected these inner language to help drive levels of income beyond are belief.
The markets are not so un-predcitable. Some use charts, some use certain methods to help -everyone is surprised by the movements up and down, steady as she goes, but there is a study that can help guide you beyond your wildest imagination as long as you apply ceratin rules and practice them.
The source is there for us to tap into. I once was told many interesting things from my lady friend who i do not have contact with anymore. But she drove me to a place that gives me the freedom to see things that are going to happen before they happen. Not to a specific target but to a genearl area....
The source is at your fingertips.
GV for end of March
V is rising - up today (23rd march) drops off for two days, then rises and moves into notable high level in 2 days time, remaining at peaks between 26th until end of March.
G is also elevated, mostly during the period from today 23rd to 28th.
So increasing power politics and violence across the board towards month end and end of Q1, with the violence persisting to some extent.
This will count as contracts roll over:
Constantin Gurdgiev of Dublin posted this article on QE by the BOJ, ECB, PBOC and Fed central banks. Tgis goes to evaluating probability that the recent stock downswing will or won't extend before a retracement takes hold. The combined balance sheets of the largest central banks shows they have been printing money as strongly as ever.
Just a gentle reminder... the QE is still going on, folks...
Was in downtown Toronto for meetings with a major Canadian investment firm yesterday. 4 one hour presentations by four portfolio managers and a senior economist was in one of the presentations. I love these meetings because when the public is not present they sometimes make a mistake and make unguarded comments. The economist was asked about QT and said the CB's have not stopped printing, they are just rotating thru each others so it is not as obvious. I just smiled when he said that.
Edit: they had the obligatory Inuit carvings lining the hallway to the board room. They were breathtaking
It's going to be a wild ride.
I bought my First Majestic Silver bet on Feb 9th during the vertical down capitulation. Up close to +30% and BelangPaul has figured it out too yes I also bought at 7.20 but that is my way to dip the toe into the water, to "feel" the trade, just a small bet before a larger one. My brain works a little bit better when I have a small bet in the game.
I'm liking silver as a speculation here. BTW, toward the end of the video I said "I have no skin in the game", what I meant to say was "I have no axe to grind". I have lots of skin in the game ;)
but how long will it last, is there a deflationary spike down lurking in the wood work? I don't know ...
I know I don't draw my trendlines where I am supposed to, so they can be debated, but I have reasons.
Nonetheless, let's see how this one works out:
Yes, the conventional triangle is already broken out. But this one remains in the future. I think it could be worth watching.
or there is a risk/chance that Solsson/Belangp both are contrarian/contradicting indicators and we will experience a drop from here.
That is what Ronnie F is expecting, let the market decide.
some folks to buy gold -depending on your currency you are in? things could start heating up.
More wild rides for the markets. be ready for a low coming
Violets are blue. The markets are about to do something for you. The big trade. Yup. There is a big trade waiting for you
sugar and spice does not make rice.
Juice is goose.
Crazy is wild.
Volatility I said. And it will continue to be
The market is your friend if you chose to open your eyes
In your chart, the lower blue support line is thicker than the resistance line. Is that your way to say in a subtle/riddley fashion that support is stronger than resistance.
Put up my Russian play for sale yesterday didn't get filled, will have another try today ... don't trust them.