I Spy With My Little Eye Something that begins with “D”
RAMBUS WEEKEND REPORT : BLOCKBUSTER
I have been with Rambus for 15 years now …Managing his website. Actually that was the original reason for AuDept and I starting Goldtent …to help promote a Community of Precious Metals Technical Analysis Enthusiasts.
Obviously the last 3 years we have deviated from the original purpose and have been more focused on Politics and Medical and Climate Tyranny and all the Horrors that go along with all that.
However Rambus is The Pre -eminent Chartist on the whole www IMHO . He tends to be the first to spot Huge Important Sea Changes in markets…which usually pop up when we least expect them . He has an uncanny ability to shut out any and all “Fundamental” analysis and discussion and focus only on the Charts .
Tonites Post is HUGE …so it has been made accessible here at Goldtent First .
I Spy With My Little Eye Something that begins with “D”
https://rambus1.com/2023/03/19/weekend-report-deflation-coming/
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I admit I haven’t been as confused about markets as I am right now
DEFLATION only happens when the US Dollar Is Rising…but I just posted a Bearish US Dollar Chart
I expect rambus to address the dollar at Rambus Chartology Soon …so maybe he can clear up this confusion
AND…Gold is breaking out in most currencies and close in US Dollars…
I have heard it said Gold actually does better in Deflation than in Inflation…I suppose we may be about to find out .
PS…RAMBUS IS LONG THE GOLD ETFs AT THE MOMENT…GO FIGURE
SHEESH
PS…At any rate if you really want to follow whats going on in these crazy markets I suggest you subscribe to Rambus Chartology ( even if you do not trade…BUT especially if you DO ) Treacherous times !
For a Sample of what I mean …see the Sidebar under “The Wizard of Rambus” “Greatest Hits”
Then sign up here…or you will continue to wander in the fog 🙂
https://rambus1.com/membership-subscription-service-via-paypal/
Makes sense to me. There are so many deflationary forces at work! I have never been in the inflation camp. We have inflation caused by political forces, not economic forces. Even the gigantic covid spending that sent too much money after too few goods was political at its base. This is a brilliant report, in my opinion. Send it to Powell please. I’d bet at this moment he is standing in front of a mirror, smoking a stogie, pretending he’s six foot six and saying, “I’m looking at you, Volker! Fifty points it is.”
Once Powell pulls himself away from the mirror, it’ll be .25, and the last rate hike until real inflation appears. Any guesses?
If this report is prescient, perhaps a star is born. There are not many on that side of the boat. It might be von Rambus in the near future!
Great report.
Have to follow the charts.
Wow. Had no idea.
Time to be cautious…
I have a lot of energy/uranium etf’s I have to consider putting on the sidelines…
Great Report and confirms my view & posts.