XAGUSD
→ The silver triangle keeps paying.
We flagged this pattern weeks ago, and the breakdown has not stopped since. From the E point near 74, silver has dropped all the way to 56. The waves now point to one more leg, toward the 44-46 zone, before this correction finds its floor.
Big pictures like this do not change every day. They guide the whole month.
The new week starts tomorrow, and we are ready. The maps are drawn, the levels are set, across 27 instruments.
🩸 ABSOLUTE BLOODBATH
EVERYTHING IS SELLING OFF AT ONCE.
GOLD. STOCKS. CRYPTO. OIL.
HEDGES ARE FAILING.
RISK ASSETS ARE FAILING.
THE MARKET IS LIQUIDATING EVERYTHING.
Dammn...
$1.65 Trillion has been wiped out from gold and silver in the last 18 hours.
This is more than the entire market cap of Bitcoin and ETH combined.
Stocks are dumping.
Gold is dumping.
Silver is dumping.
Crypto is dumping.
Bonds are dumping.
Even Oil is dumping.
If everything is dumping, where the hell is money going?
When Bitcoin is back at $20,000 that's still a lot of money to pay for nothing. Don't be fooled by meaningless benchmarks. 84% off a ridiculously high price is not a bargain.
If you held Ethereum for exactly 5 years
You would have made 0% returns and also lost 35% purchasing power of those dollars to inflation
Eth has consistently failed to innovate and has become a fossil
Buyers of silver at $88-89 are getting wiped out after 7-9% sell off. They are rightfully getting punished. While most investors are going to refuse to buy now after a sell-off, the same investors will eagerly and convincingly buy after a rally. Again and again same mistakes as humans in generals have hard times controlling their emotions…
$125,000 invested in $ETH 5 years ago is now worth $73,400.
$125,000 invested in Potatoes 1 month ago is now worth $1,000,000.
ETH is getting outperformed by Potatoes.
Every asset is making new highs, except for Crypto.
Live Cattle are up +525% since 2022 and just hit an ATH.
We are getting outperformed by Cows.
You can’t make it up 💀