@elonmusk Elon, Big fan of your invaluable free speech crusade,.. On this particular post though I have assumed that your reference to ‘liberate’ is only in the context of continuing to pressure this government in a suitably legal and democratic way,..
If this Precious Metals Move of last few months is the start of a major up multi-year phase then any corrective action here should IMHO likely prove to be shallower and quicker than most imagine (or are used to),.. Bullie travels fastest with few on his back,.. 😄
Gold/Silver in slow motion Monster Moves IMHO?.. Bullie travels with as few on his back as possible,.. I expect any corrections to be shorter and sharper than the vast majority expect leading to the entire pack of Wannbe Riders chasing Bullie up the track!..
@NorthstarCharts@KinesisMonetary Silver appears to me to be in cusp of making a major breakout back above the all important circa 28 Level!.. Bullie likes to run with as few on his back as possible, fuelled by wanna be’s trying to clamber on!.. Think good chance there won’t be much of correction here!.. 😄
Friday Afternoon at ‘The Races’!.. This particular stallion looks ready to run from where I’m sitting!.. Note 2 Hr Bollinger Bands squeezed in tighter that a Sumo’s Jockstrap and with this 2 hammers signalling what appears to be good support below 23,.. Taken a flutter!..
@ColinSt30481392 Punchy Malcolm,.. Just for reference from my memory a while back in one of your posts - you suggested Goldbugs we’re likely to have a good end of year from October,.. Assume you’ve changed your expectations on this if we are now into expect SIL down at Mar 20 Lows in late Nov?..
@ColinSt30481392 Malcolm,.. A month or so ago you implied (from memory) that Gold Bugs should have a good run into end of year from Oct,.. Are you still seeing it that way?..
Have we seen Dollar Top Out?.. Bulls are salivating on Chart Breakouts!.. My instinct senses this could be one last large inhale of breathe before a descent through 100!.. A resolution on Debt Ceiling brings a comfort blanket of sorts, but in truth just shows how broken model is!
Latest Thoughts,.. The Debt Ceiling Debacle is v likely to unwind in next week or so and I personally expect that to then trigger a reversal in Dollar from recent highs and start path to pierce through 100!.. Gold And Silver could then head higher from such scenario!..
Dollar Spiked Up and closed near the highs for week which puts Metals On Guard,.. Personally expecting this to be short lived,.. Too many in my eyes expecting Gold And Silver to correct here!.. I personally think Dollar soon to drop below Support At 100!..