hypersonic78

hypersonic78

Very bullish if you turn the chart upside down. It has clearly made a major top. Due for a bounce soon but it will only be a temporary reprieve before much higher long term interest rates are seen.

hypersonic78

Similar to silver gold also appears to be in a lifetime diagonal. The 76.4% fib retracement from Wave I (1980 high) to Wave II (2000 low) is amazingly close to the actual low that was reached. I also believe Gold is well within Wave III, specifically Primary 3 of Cycle III targeting ~$3k before the next major corrective wave.

hypersonic78

Potential relationship between real estate (using VNQ etf as a proxy) and silver. I drew this several months ago and so far the arc and channel have held. I've heard of the 18 year RE cycle but wonder if that's only valid during a prolonged bull market. I expect at least a 10 year bear market in the SPX to begin in the next few years after a final top is made. ...

hypersonic78

My current view of Silver's long term Elliott Wave structure beginning from the 1960s fixed price of $1.29/oz. I currently believe it is in a lifetime diagonal and is marching its way up wave III of (III). Using arcs to perhaps get a better sense on timeline. With silver patience is key. Wave III can target anywhere between the 0.786 ($81) and 1.382 ($350)...