Sir Schism’s Masterpiece Recreated and Revived
Sir Schism created this long term masterpiece many years ago. One of my favorite charts of all time.
I recreated the recent stuff below. Feel like some sh@t will hit the fan this year. Feel like this year will see $28-$29,000 Dow revisited tapping that lower parabola.
Probably will hold when rates are dropped and money is printed to give us the hyperinflation we’ve been awaiting for decades… Perhaps hitting that top parabola above which would give us a Dow over $112,000.
Thanks. Those are great charts.
“rates are dropped and money is printed to give us the hyperinflation we’ve been awaiting for decades”
Incompatible. Real rates need not be positive (THAT’S BEEN THE PROBLEM ALL ALONG), but if they print, rates will follow (higher). Yes, with a lag, but you won’t find instances of 50% annualized with rates at 5%.
Hey Sir Chuck is Schism Still out there somewhere posting charts ?
Have not heard from him in like a decade
I told him I was posting this, and we did have a long text exchange today.
He was on X but got burned out with it. He felt he had to perform and he a profit and produce fancy charts.
He had so many people asking questions and calling him a hack if he got a single thing wrong.
He’s good though. Focusing on family and job.
He still charts cause he shared some with me recently.
He laughed when he saw the title of my post. He forgot we all called each other Sir. That was classic…
Sir Parabolic Chuck,
“He laughed when he saw the title of my post. He forgot we all called each other Sir. That was classic…”
No matter what the outcome of this gold bull be (more or less certain), or the timing (again, Sir Rambus has called the bottom of the market, so who am I to question), what you emphasized is what I also truly love about the Tent – RESPECT.
There’s NO OTHER FORUM where so much respect and so little trolling happens. It helps us/me take the trolls in a sense of humor, I guess. Not with vitriolic retorts.
Example:
The gracious Sir CM (not because he made a right bottoming call, which he did):
” Thanks for the kind words, Sir Buck. Appreciate the objectivity compared to critics and those who couldn’t find a bottom in a nudist colony.”
https://goldtadise.com/?p=612239#comment-133042
Here’s to all the Sirs and Ma’am’s!
Cheers,
GL
The next time Dow corrects 15-20-25%, I’m planning on some loading up on some COP, OXY shares.
Any thoughts?
GL