This Is It – Right Here, Right Now
What happens in the next few weeks will be decisive. Two hugely important trendlines are converging exactly here. Exactly on the curved base. Exactly whilst we are in a bullish descending wedge formation. Exactly whilst we are seeking out an ICL. Exactly as our 8 and 16 year cycles are pointing up. Exactly when the technical indicators are bullish. Exactly when we are on the cusp of the biggest failure in global monetary experiments ever. Exactly as North Korea has confirmed new weapons tests. Exactly as central bank gold buying hits a new high. Exactly as the GSR has hit historical highs, tested long term resistance and failed at that level. Exactly as we see the Dollar trying repeatedly and failing to break through the Fib level around 98.3
You forgot: Precisely when gold/silver bullishness disappears, replaced by bearishness and despair…as Plunger would say, do you have the cajunas to step up and buy?
Cojones? Claro que si!
Balls
gondolas might work for some…
Lol 🙂
Northstar, you make it more fun to watch the markets.
If you give academic presentations on meteorology, I bet yours tend to be each session’s most popular.
Thanks for the kind words Karl. I do try to inject some colour and enthusiasm into my training sessions/seminars etc. As I’ve always said a (good) picture paints a thousand words.