Meant to be educational here, not insulting, but
Newbies to price charting have the tendency to make up rules as they go
The rules have already been written
Edwards and Magee, 1948
Richard W Schabacker, 1934
Some call Bitcoin a flag
But not the founders of charting, thus not me
The chart of Gold denominated in Aussie $ has led every move in Gold since 2002 and it is about to make another loud announcement for those who can read a chart $XAUAUD
https://t.co/gDeM5nTRIY
@Phil_J_Anderson https://t.co/Yop8ANBKta
Zeihan predicts an energy induced global depression if Iran drops sea mines in the Strait of Hormuz off the back of dow’s (old wooden boats) suggesting they don’t need mine laying ships 🤔
The King of Copper, Robert Friedland, full presentation at the Future Minerals Forum titled 'The dawn of the copper age'
"It's very clear that the copper
price must double to meet future mining
needs."
If the Copper Price doubles, Copper stocks will 10X.
Bringing back my Bitcoin cyclical chart that helped me call the Inauguration Day and October 2026 peaks, as well as the entire bull market on the way up
This is just one of a few Elliott wave counts that are supported by the Hurst cyclical waves
There's another where we are in an Expanded Flat, where (5) is (B) instead – I'll share those in the coming days
This version is a double-zig-zag correction
I spent 100 hours over the past week researching, writing and editing the piece we just put out.
It’s a scenario, not a prediction like most of our work. But it was rigorously constructed, dismissing it outright requires the kind of intellectual laziness that tends to get expensive.
And we’ve released it for free. Hopefully you enjoy it.
https://t.co/YK8E11GcDU
The long term secular bull market in metals is nearing the end. I'm expecting a DOW:gold ratio of 2 or less later this year or early next. We're in the final parabolic phase of this26 year bull market.