DGR
Building on Neil’s Dow Gold Theory
Here is a 45 year monthly chart of the DGR with Gold and The DOW superimposed
Sometimes in charting weird unexplained things happen.
I AM NOT SURE IF THE CHARTWARE NORMALIZES THESE 3 PRICE CHARTS SO THAT THEY ALL TOP AT THE SAME EYE LEVEL
OR THIS REALLY IS HAPPENING !
I think its the later !
Crazy Sh!t eh ?
If this works out….The Dow has reached the top of its Parabolic Move , Gold has Reached a Halfway point
Both are set to Decline…
So here’s my theory
DEFLATION !….everything goes Down except the Dollar and Bitcoin / Crypto Stuff.
All the money coming out of the markets goes into Bitcoin !
Your Grand kids end up Gazilionaires and never have to work a day in their lives and You end up a Wall Mart Greeter.
and leave nothing to your heirs and they don’t care
🙁
You gotta admit this chart is pretty cool. Rotating Parabola/Crash Scenatios
…………
That does it ….I am selling all my Phys and PM Stocks and going into Cryptos !
hashtag “Can’t beat Em”
PS be nice to the grandkids ….you are going to need them
What no comments ?
At least someone
Tell me this scenario is full of %^&T
Why would the government and central banks allow the deflationary scenario to play out this time when they wouldn’t let it play out in 2008?
They don’t have much ammo left …Interest rates are still at historical lows and they have QEd aready
Not saying you’re wrong but my opinion is that we go the inflationary route. It’s politically more popular because it enables you to look as though you’re taking an active role in attempting to solve a complex problem in the economy instead of just sitting on you’re hands doing nothing while everything falls apart. Remember, Bernanke titled his book “The Courage to Act.” The inflationary route also makes it easier for you to blame a bogeyman for the rising prices, such as evil speculators and price gouging retailers. It also delays the day of reckoning, the ultimate crisis, for much longer than the deflationary scenario would.
Monday I’m spending my last $55 on RGR stock and if I can scrape together another $35 I’m jumping into OLN.
No seriously I’m looking at these stocks what do you think? RGR looks like it just broke out? OLN not so much looks toppy lol.