Weekend thoughts
no penny for my thoughts
This is a weekly digest of unassociated pictures (graphs mostly) I saw during the week. Not much context is given.
Current economic conditions… Not looking good
BTC vs gold:
MOVE index (treasury volatility)
Oil, the new contrarian play? I’m sticking with silver for now, but oil is starting to be interesting at these levels.
Thanks to my reader Charting The Fourth Turning :
Silver log scale:
Did silver run too far?
Inverse head & shoulders
Precious metals:
Nvidia: one more bounce?
CAD/USD:
Gold in Turkish Lira: chart trading works (on the longer terms)
Interest costs could double
Previous silver bull runs:
DXY: now or never…
Back to basics
Silver vs its miners:
You are here.
Possible targets (in due time):
A potential setup
Silver miners are trading back to where silver was $38:
S&P to GDP
Silver vs M2:
Gold/Silver ratio back to average historical (>1970) range
Annotated GSR:
Recession incoming
Either a meltup in silver, or a huge drop in the S&P. Or a combination:
Run on the (silver bullion) bank
Silver broke out (for those living under a rock 😋)
Did you miss the silver move? Don’t worry… There’s still more value in metals:
Charting is only going to tell so much of this story, as it involved *massive* fiat currency/debt creation that sought velocity of currency outlets to *pump* up the volume...
In reality, this is the long overdue cra$h of western paper bullion scams & frauds being foisted upon humanity for 50+ years.
And now, modern civilization, all of it, is reliant on silver's conductivity, but due to misallocated profiteering the big banks captured the profits from the platform, when it should have been invested in locating new mines & refinery related capital expenditures...
The whole fake & gay manipulation (paper) can not stand in the face of this now *generational* shortage of physical reality, now their fun & games are called out ~ The Emperor was naked the entire time.
"For you are the children of your father the devil, and you love to do the evil things he does. He was a murderer from the beginning. He has always hated the truth, because there is no truth in him. When he lies, it is consistent with his character; for he is a liar and the father of lies."
We'll see how the Western Elite decides to proceed, but they've run out of *easy* options that won't make the situation much worse & worser, it's far, FAR past time that Ag miners/refineries/investors are justly paid for their part in this brave new world awash with tech billionaires, that have playing legitimate actors for chumps & marks ~ It's time for the bullionaires, it's only *fair*, right?
Got Ag?
I wonder if any of the silver shorts are bonafide hedgers (i.e., miners)?