🚨 #COAL / #SILVER chart looks important.
Silver is just the proxy here.
The real signal = coal rotation 👀
Help get eyes on this
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I’ll share one quality coal name + short thesis with 20 people who engage in the next 24h.
When the dollar and equities disagree, ignore stocks. The currency market is usually the one telling the truth.
Blue line = VIX
White line = Dollar Index (DXY)
From the Iran war escalation, VIX and DXY moved with a strong positive correlation.
That made sense.
A rising dollar was confirming stress.
A rising VIX was confirming fear.
But now a clear divergence has opened up.
DXY is making higher highs, while VIX is making lower lows.
That means the currency market is still pricing increasing stress, while equities are behaving as if risk is fading.
This kind of divergence usually does not last for long.
And in most cases, the currency market is the one that gets it right.
So one of two things has to happen:
a) Dollar cools off sharply, or
b) VIX adjusts higher to catch up with what DXY is already signaling
For now, equities are showing complacency.
Currencies are showing caution.
My bet: VIX has to move higher.
Never has it been clearer that the U.S. is a plutocracy.
And ironically a plutocracy that doesn't even represent the interests of its own oligarchs, but those of a foreign ethno-religious state.
Interestingly, Massie was one of the only congressmen with a genuine engineering background: he studied at MIT and founded a pioneering haptic interface company from scratch that obtained 24 patents.
"China is run by engineers. America is run by lawyers" -> well, look what happens when an engineer tries politics in the U.S....
@great_martis At this point I think we’re dealing with an ancient, ice-preserved alien entity that’s been quietly studying market cycles for centuries. Thx for the guiding
@TheApeOfGoldST Waiting after Friday smack to get in again. Maybe I am wrong but time will tell... After seeing @DonDurrett today video &following @Silver__Santa and you. My shopping list is ready. My silver play: AYA 35%-AGMR 20%-AAGFF 15% -ALVR 15%-AGX 15%. Feel free to comment...
@TheApeOfGoldST Did a +/- 40% back to cash before the drawdown. I am now 100% in cash waiting for the Chinese new year smash to re-enter in AYA 35% -WPM10% - SSV30%-MMG 15%-SNAG 10%. Hope that plan works out AYA en WPM are my PF ankers and maybe this time I gonna skip WPM
Ladies and Gentlemens, silver is now 30% above its upper Bollinger Bands this month. The dire warning that precious metals are signalling should not be taken in vain but embraced.
My powerful discovery over the decades is that when the monthly price exceeds the upper Bollinger Bands by more than 10%, it is almost guaranteed that the next month will be met with brutality. Something is about to break....stay vigilant.
Eyes on my broadening patterns, and God bless.
Yours truly,
The Great One. ✨
@KingKong9888 It deserves to be repeated every now and then — thank you Eric for your ongoing contributions (time, efforts, etc.) to the precious metals