Bitcoin - I showed you this chart a few months ago. Objectively, Bitcoin seems to be 'dying on the vine' as gold & silver have made much larger gains this year. Momentum is in decay.
Rate Savage a lot, but I believe he is years out on his overall outlook. He believes this secular bull started back in 99/00. I think it’s clear as day a new secular bull started in 2022. When the dollar also topped its secular bull. Gold built a 15 year base. Silver a 45 year base. Absolutely 0 chance January was the secular top. Central banks still accumulating. Fiat declining. The world is falling apart. This is probably just the 4 year cycle low. Maybe a cyclical bear market as the dollar finds some short term support on war inflation. As long as the peace deal holds, data will begin to ease and the dollar becomes as worthless as it was pre war. We have many years ahead of us. Metal/miners vs tech chart only just broke out. Stock market in its bubble phase, still have a capital rotation event ahead. Commodities will own the next decade! Fear not all, ride it out and accumulate 🫡
@ryan_peoples@spann Used to have a place on Cape San Blas. One time a real estate guy showed me an aerial view of the beach there. Bull sharks as thick as you could imagine all within 50 yards of the beach.
People forget, but in the early stages of liquidation breaks, Gold always sells off hard.
Once those liquidity needs are met, Gold invariably rips higher.