Silver has been languishing in terms of the fiat dollar for some 45 years. Recent record comex deliveries are hinting at something going on! Silver is actually very rare, with only four ounces above ground in recoverable form for one ounce of gold yet, and is being mined at less than a ten to one ratio with gold, yet is trading at over 80:1. Retail investor...
We see silver is now gaining over GB M2 expansion in GBP. Therefore it is being used as a hedge and offers real gains as well as keeping up with GB M2. With GBM2 doubling every 9 or so years (8.% per annum), by 2035 the bottom, mid and top of the channel will become £50, £92 and £170 is M2 doubles from now.
I think this is the bottom here (again)... We have 3 lovely MACD divergences, and it's just kissed and rejected off of the Fib extension 1.0. Good dividend, good cover, good support for renewables. I'm happy to buy again now.
The NASDAQ, price adjusted for USM2 has hit the DOT COM bubble levels. Could this be the top again, or could it reach higher? It looks very over extended, yet we haven't seen a parabolic, "blow off" phase telling of the end. Some FIB Extentsions indicate significant upside, although we are seeing significant RSI and MACD divergences, indicating a reversal may be coming.
Could we see a return of inflation erode the purchasing power of people's wages again? Potential stagflation scenario? Seeing USM2 exponential growth, it is a possibillity.
Here we see how, despite silver appreciating greatly since 2019, because of the enormous increases in USM1 currency, silver is currently the cheapest in 60 years relative to the M1 Supply (now 18 trillion). In the peaks of 1980 and 2011, where a nominal price of £50 was seen, if we correct that for the huge quantities of fiat currency printed, these adjusted...
If we look at the log chart of silver, we can see a beautiful cup and handle forming. The fib 1.6 extension $84. I am dollar cost averaging into silver currently. Wish I had bought a lot during the plunge in 2020! Could silver finally break out of $50 per oz?
Gas prices are at a multi decade low and consequently energy is very cheap! Yet, when there is a significant divergence from the mean we can expect a Regression toward the mean. Energy prices probably will come back up, and we can expect, unless the company goes under, a return in share prices back towards the VWAP. I'm putting a small amount of my portfolio in...
Here we see BATS cycles with VUKE (Vanguard FTSE 100 ETF). It appears to be the time to buy BATS, but BATS could easily slip out of this Decade long channel...
Here we can see that, although weak, the BATS is not yet recovering, and seems to be stalling. If there was demand we should have seen a good V shaped recovery, perhaps this is a bounce off of some buy orders, and once these have dried up, a drop to the next lot? The MACD Seems to be in a channel.
I missed selling my BATS for VGOV as the right time, so I'm looking for a good position, but am unsure if this is a pullback or reversal. I'm going to use the Daily MACD as my guide to balance.
The chart says it all. This is support, and in real terms, the cheapest the share price has been. I've topped up a little.
Oil is moving up, and, like in 2006-2007 during the hiking cycle, we saw oil jump, pull back and then spike up 150%. So we could be seeing $100 per barrel soon. This is bullish for SQZ, and the price action shows this.
If I held and VUKE (Vanguard FTSE 100 ETF) I would sell it now to buy BATS. BATS is down 25% relative to VUKE and offering 8% dividend yield compared to ~4% for VUKE.
BATS is still stuck in this downtrend channel. After taking some profits at 2900, I'm waiting for the next bottom!
I've been waiting for the reversal on Palladium for a long time! We are seeing green on the weekly, but it might be a failed reversal. Regardless, one has to be in it to win it!
Buying USD assets has been expensive for us Brits over the last couple of years, is this point another low swing, and a potential buying point or are we going to see the USD sell off against the GBP? I'm out of USD assets, besides some VUTY, but they may have to be sold if this is a rejection of this previous supprt.
With earnings contracting and the consumer tapping out, and earnings season being upon us, I'm taking a gamble and shorting SPX. We went to the shops yesterday and every store was utterly empty of customers. I have never seen it so bad!