Rollover Beethoven
As I was about to pen(type) this post the title of the Beatles song popped into my head. As we are two days away from the new month of September the charts are speaking volumns about most major asset classes. I see a significant rollover about to occur in most. It has already started with equities from their summer rally and the non asset class of Bitcoin and the cryptos . Soon, we are about to see oil, and the dollar join in on the downside, as well. So what about gold and silver. Their bases and bottoms are just about completed and will be turning higher in September with an upside acceleration in October and November.
NOT the Dollar CM
Definitely NOT the Dollar
The Dollar goes counter to EVERYTHING
See Rambus recent post
Read it yesterday. Although it doesn’t really matter what the dollar does from here, since it only refects relativity to 4-5 other worthless fiat currencies, I believe it is going lower. Even if it doesn’t, it isn’t going to stop gold and silver from going higher. Might affect the speed of the moves but not the direction.
Those remarks tell me everything I need to know. As if I didn’t know already.
Totally oblivious.
Might want to try being clear about what you are saying. Saying totally oblivious tells us NOTHING. Are you referring to the fact that I don’t really care what the dollar does from here because I said it will only reflect the speed not the magnitude of any move higher in gold and silver or are you referring to something else you believe. Try being specific so you can’t be pinned down when we actually see what happens. At least when I make a comment or post you know what I am saying. I may not get them all correct but you know where I stand. Saying “Those remarks tell me everything I need to know. As if I didn’t know already.
Totally oblivious.” Is just nonsensical gibberish.