Loading ...A BLAST FROM THE PAST
In a March 2013 Rambus Post…. he called “Dollar Bears Prepare to Hibernate” .
https://rambus1.com/2013/03/10/dollar-bears-about-to-go-into-hibernation/
He included a chart he has called his Epiphany Chart.
I remember vividly he emailed it to me before posting and he was very excited about it.
So was I. This Fractal blew me Away !
Here it is
And NOW what has happened since that post these past 7 years ?
(My representation)
The Dollar is in a Bull Market !
The Uptrend Line is the First line in the sand
Unless that line is taken out …Prepare for D FLation
Yes I am Biased BUT there is nobody on the Planet who saw this comming in 2013 except for the Wizard of Rambus !
Apparently this chart is out there on the twitershpere with no credit to where it came from.
So now you know
PS…looking at the present chart…for the first time in Forever the 200 Month MA is not declining ..it is flat and poised to start rising.
So one holds USD’s, gov’t bonds, and maybe Bitcoin. I suspect Bitcoin is more deflationary than the USD.
This is all true, unless the FED intervenes, which they would be crazy not to. Unfortunately, they are stuck in hard place. They have already pumped 100’s of billions of liquidity to banks and no inflation. I think they sit this out until the economy literally crashes — again. They have no clue how to manage an economy.
If the whole house of cards falls down, I will blame them.
Come to think of it…There’s a Political Component to this too .
IF were are near a deflationary “episode” as the Commodity charts are suggesting
Powell ( who can’t be a Trump Supporter with all the flak he has taken) can just let things go to hell before the election.
That’s a Good Conspiracy Theory …pass it on to Zero hedge to get the word out.
🙂
Sometimes Good Politricks is the best medicine.
Remember this like yesterday!!!
I guess we could have a Gold Bull Market at the same time as a Dollar Bull Market !!
This, of course, implies gold didn’t bottom at $1050, but has much further to fall.
I don’t think so
As you have shown NS Gold is breaking higher in all currencies..Even now in US Dollars
I think that continues
I know that is rarely seen but it’s time IMHO
It’s my view that we’re in a PM bull market. My primary expectation is for the US Dollar Index to fall significantly, but I’m happy to change that view. A move above 100 would remove any remaining doubt in my mind. A move to 104 would then be highly likely and then 120. My comment about gold falling was relating to the labels on the chart above saying ‘gold bottomed’ and ‘gold all time high’, which I took to mean the next big move up would take us to new lows in gold. Given the Fed’s actions, I think it unlikely gold can fall very far, if at all.