Goodthoughts Gold

"Gold is money, everything else is credit"

[Boz @bozkaschi]

Warsh and the Fed will likely trigger the next major move in gold, #silver and related assets on June 16. An unexpectedly dovish Fed, leaving rates unchanged and arguing that AI is deflationary, would put pressure on the dollar (#DXY) and could trigger the next leg higher

[Feroce Research @FeroceResearch]

Hey I've seen this same exact scenario before!
Can Silver pull it off too?

making history the 1st time was so nice, I've got to do it twice

[Patrick Karim @badcharts1]

Silver will get another shot at glory as soon as the current congestion area resolves.

For those on the side lines, longer it takes, better it should be.

$200, $500 and higher targets are more likely found after important sequences of outperformance against the stock market.

[Aidan @BuyingMyFreedom]

GSR - Silver Bulls, you want this to take a slap downwards. Needs to happen soon.

[Breadman @BTCBreadMan]

7 years ago bitcoin hit 69.5k

Today bitcoin sits at 70k

It has done literally nothing.

Meanwhile, every asset class in the world has at least TRIPLED over that period.

At what point do we all just admit we’re retarded and move on to investing in real assets like adults?

[Boz @bozkaschi]

#Silver is currently searching for support. The break below the recent trendlines did not trigger a sell-off, which is why I think silver is more likely to move sideways for now perhaps with another test of the horizontal support around $71.👇2.text

[Sqeaky Mouse @TheSqeakyMouse]

On average Gold produces 23% percent moves when touching the bottom of its 2 year long channel. With the support now being tested yet again I’d expect Gold to regain the $5,000 mark within the coming months.

[Goodthoughts Gold @GoodthoughtsAU]

@RudyHavenstein He'll probably be right this time. Global deflation coming next year when everything bubble pops. THEN they'll print, and two years later... whammy: 20%+ inflation in 2030s

[Eric Spracklen 🇺🇸 @EricSpracklen]

Sellers are delusional and I’m tired of people pretending they aren’t.

Home prices need to drop 30% or more most markets or this number is going to keep growing.

[VBL’s Ghost @Sorenthek]

Silver Is Coiling Up For Its Next Big Move
$GLD $SLV $GDX $SPX

[Boz @bozkaschi]

#Silver next 96$ 🆙

[Jhinster1 @johnjhin7]

$SILVER, 3HR. LETS GO.
#SILVER

[JayGen 𝕏 er🇨🇦 @JayGenXer]

Islam has a problem with Gays, Jews, Sikhs, Christians, Buddhists, Hindus, women, non-Muslims, atheists apostates, beer, wine, bacon & dogs

BUT…. If I have a problem with Islam,
I'm the bigot & Islamophobic?

Can you see how ridiculous it is?

[Robert Bortins @TheRobertBshow]

The dual-income household didn't liberate women.
It inflated housing prices, created the childcare industrial complex, and turned every family into a tax bracket.
Two incomes later, you're still broke — just busier.

[Konstantin Kisin @KonstantinKisin]

There is something darkly amusing about the fact that selling victimhood to the most privileged people in history has become such a lucrative and big business.

When I was on tour with @jordanbpeterson he talked about many things, but probably the most common recurring theme was the "Spirit of Cain". It seems our ancient and sacred texts tell these stories for a reason: victimhood is easy, seductive and addictive. And now profitable too.

We are living through a perpetual victimhood escalation battle where people (and groups) now compete not on merit, but on the supposed disadvantages they face. Which makes perfect sense since this is the incentive structure our societies have been encouraged and forced to adopt.

[Gad Saad @GadSaad]

The only thing that stops violent men from raping you and your society are other men who are equally willing to be violent in stopping the rapists. The West has decided that the highest virtue is to quietly comply with the destruction of your civilization because to do otherwise is bigoted toward the rapists. It really is that simple.

[TBones @tbones2013]

The Invisible Hand is still at it capping Silver around the 210HMA and heading into a short term squeeze. We really need to get above $76.50 resistance to get out of this Groundhod Day like movement. LFG!!!

[LBroad @BroadLuis]

Silver is running out of room.

The weekly chart for silver futures has been telling the same story for months: bullish structure intact, channel respected, and price compressing tighter inside the kumo after the January 2026 peak.

That compression isn't indefinite.

From the 2023 lows, silver has built a flawless sequence: breakout of the lower channel, acceleration inside the red channel, extension toward 120 at the January 2026 peak, and an orderly correction back inside the kumo. The PMO confirms it: the oscillator is turning from positive levels, with the histogram still in negative territory but losing steam. The signal hasn't fired yet, but the setup is maturing.

Price is literally boxed in. Above, the dynamic resistance of the upper red channel. Below, kumo support and the long-term white channel. The lateral range narrows week by week.

The immediate resistance to watch this week is the 200-period moving average on the 4-hour chart. Until that level breaks cleanly, the sideways action could drag on a few more sessions. But the underlying context — weekly structure, range compression, PMO turning — points to an upside resolution that may arrive sooner than most expect.

Long consolidations inside bull trends aren't danger zones. They're loading zones.

Trends build wealth. Judgment protects it. — @BroadLuis | Miner Alpha Lab
#Silver #SilverFutures #PreciousMetals #Ichimoku #PMO #TechnicalAnalysis #MinerAlphaLab

[Wyatt Claypool @wyatt_claypool]

Can we declare that the era of the political operative is dead?

Campaign, consultants and political operators are not nearly as good at what they do as they claim.

If they were Caroline Elliott would have won.

These people are just professional networkers who are able to get onto what they assume are going to be winning campaigns but when things get tough, they all fold or start flailing.

They don’t actually know how to run a grassroots campaign, they just jump on the side of the person they think is going to get the establishment coronation.

[Sqeaky Mouse @TheSqeakyMouse]

I believe Silver has put in a bottom simultaneously with Gold. Silver held support just as the Bollinger band width re-entered a buy zone. Therefore it correlates with my timeline of a mid June-July breakout.