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Just starting its 3 Yearly Bounce.
Like clockwork…every 3 years for the last 8 cycles ….Just starting the 9th !
Bouncing a tiny bit late but look where it bounced right on that breakout downtrend
Warning: For Mature Audiences Only , May cause Violent Seizures and bouts of F$%^K You Fully , Viewer Discretion is Advised.
This Chart is either Very Bullish or Fully is Full of Bull
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Just found another old chart I haven’t nursed
17 year Cycle Tops ? Like cicada…every 17years the bugs come out
🙂
Well played Sir.
But I see a 16.5 Y/Y top but a definite possibility of a 17?
The differences being this time the US can’t raise interest rates to 22% as in 81-85. And there is nobody for there War Machine too pick on that is gonna roll over like 2001. The US economy doesn’t manufacture much of anything anymore. They are running out of ammo for their financial hegemony. The only thing holding up the dollar is the disaster going on in the EU. I don’t know what looks weaker the Dollar or the Euro?
You may be right Fully
Couldn’t agree more with the last couple sentences in this comment. Don’t forget about the third leg in the Central Bank shell game – BOJ. IMO it is the NIKKEI that holds the key to Gold’s future.
Amazing PONZI scheme I agree print the Asian Peso buy your own SM lend at 0% or less to short Gold and Silver to stabilize the rest of the G20 currencies. Same thing going on with the EU. China just wants in on the game don’t expect them to stir the pot unless they can’t get in on the action. Sideways Gold until the house of cards crumbles.
Buy the lows sell the highs IMO.