Looking at a longer time frame that starts at the end of the gold standard. Gold has made what I believe is an ascending broadening wedge. If this pattern sets up. My favorite TV show Gold Rush Alaska will probably be cancelled.
Gold https://www.tradingview.com/x/Go8Qv5gy/
Silver has spend probably more time towards it´s bottom trendline, would not surprise me a reversion to the mean for silver.
Silver https://www.tradingview.com/x/lEPH7D5w/
I am probably wrong and hope these numbers do not trade. For gold trading sub 500, silver towards 5 would hint we would be in the midst of a major deflationary event.
Interesting, TG. I've seen similar charts like yours. Harry Dent rings a bell.
I look at dollar in terms of the dilution of a stock pool where legacy investors must feel really confident in a company's business plan, financials, leadership, etc. if they are to decide to remain and ride out the dilution. Such is true with the dollar. Until trust is lost en mass, it still remains the strongest piece of diluted paper fiat on the face of the earth.
I believe it depends on the euro. While Macron winning the French elections has quelled rumors of an EU breakup. All of Europe´s problems have not gone away, and they will persist. I have no clue what will be the catalyst to drive the euro off the edge of a cliff, or when. With an invasion of young muslim men to northern Europe, socialist policies that sucks money out of off existence, looming pension crisis with an inverted population pyramid, the Brussels and their autocratic government, could all be the cause for the euro to crash, or a combination of all. I would not be surprised to see a false breakout on the euro. Usually false breakouts are the moves to catch the majority off guard, where the algos create a stop run, forcing investors to cover.
euro https://www.tradingview.com/x/usbbe8eW/
I believe, with the US dollar as reserve currency, wealth will seek out the dollar. US stocks could be another safe haven, as contrary as it sounds. With low interest rates, loss of confidence with the US government (not Trump) smart investors would look at stocks, (APPL, Goog, AMZN) like they would look at bonds. Plus, they are denominated in USD.
Speculating, all it would take for bond investors to decide to park their money in US markets. A few big states going broke and defaulting on their bonds. Smart investors might go private for wealth protection, as in US dollars and the stock market.
The CME has a Central Bank incentive program. Central Banks are actively buying US markets. Do they know something we do not know? Usually big institutions, and central banks are stealth buyers. I believe this could be the case, but am probably wrong. This is all guessing and total bs.
I have no clue how Trump plays into this. Some are trying to read tea leaves he is a hand of god, others say he is evil. Trump has support from the majority of American voters. The msm are trying their best, to make us all think otherwise.
Trump already told us what he wants to do. 2018 is a key election for Trump. The american voter will vote Trump again, by voting for vocal Trump supporting candidates running for congress. This is baffling career politicians in DC, Republican and Democrat, where both dislike Trump. The day he mentioned "term limits", they hated Trump. For that would impede their daily ongoing corruption, you and I would go to prison for.
Looking at History, which is a skewed metric, however, it´s all we have at the moment. Trump is more like Lincoln. Both were hated by the Democrat party, Lincoln freed the slaves, Trump fought for blacks to be allowed into private white country clubs in Palm beach, Lincoln had to sneak into DC, because there were real assassination plots against him, Trump was greeted at his inauguration with riots and death threats on twitter, Lincoln was assassinated by a famous actor, Trump recently was threatened by Johnny Depp.
Looking at wars and Presidents. I believe Trump will not preside over a World War. Using pseudo reasoning, WW1 and WW2 were under a Democrat, where the Civil War was under a Republican. If we see any kind of conflict under Trump. It would come from the left not willing to accept they lost in 2016. If leftists lose again in the 2018 and 2020 elections, either election could be the catalyst to start something more than localized civil unrest.
Another event that could cause civil unrest within the US. A disruption of the food supply/chain. Look at all the inner cities with huge black populations. Community agitators could really stir up the race pot, where we see blacks attacking whites in massive numbers. Of course the MSM would blame it all on Trump. Inner city liberal whites are sitting ducks with their flawed ideologies. However, rural America where the majority of whites live, are probably more knowledgeable with weapons, and probably have way more guns. That is where we could see some real battles. I believe we would see blacks who are not propagandized, fight with people from rural areas. Then you have the latino gangs and ex military from Central American wars. Americans would have to deal with them too. I believe just 1 month would turn many into animals.
This is probably all bs, where I hope it is bs too.
With states going bankrupt, the career criminal politicians will shake down citizens, for every penny they can get. Instead of realizing, they are the problem. Whereas, they are not mentally capable, of managing the millions, they already rob us every year for. Career Republican politicians, are just as corrupt, as the career Democrat politicians. https://www.armstrongeconomics.com/world-news/pension-crisis/illinois-on-brink-of-default/
Maestro! get cliff high on your show!
Looking at a longer time frame that starts at the end of the gold standard. Gold has made what I believe is an ascending broadening wedge. If this pattern sets up. My favorite TV show Gold Rush Alaska will probably be cancelled.
Gold https://www.tradingview.com/x/Go8Qv5gy/
Silver has spend probably more time towards it´s bottom trendline, would not surprise me a reversion to the mean for silver.
Silver https://www.tradingview.com/x/lEPH7D5w/
I am probably wrong and hope these numbers do not trade. For gold trading sub 500, silver towards 5 would hint we would be in the midst of a major deflationary event.
Interesting, TG. I've seen similar charts like yours. Harry Dent rings a bell.
I look at dollar in terms of the dilution of a stock pool where legacy investors must feel really confident in a company's business plan, financials, leadership, etc. if they are to decide to remain and ride out the dilution. Such is true with the dollar. Until trust is lost en mass, it still remains the strongest piece of diluted paper fiat on the face of the earth.
I believe it depends on the euro. While Macron winning the French elections has quelled rumors of an EU breakup. All of Europe´s problems have not gone away, and they will persist. I have no clue what will be the catalyst to drive the euro off the edge of a cliff, or when. With an invasion of young muslim men to northern Europe, socialist policies that sucks money out of off existence, looming pension crisis with an inverted population pyramid, the Brussels and their autocratic government, could all be the cause for the euro to crash, or a combination of all. I would not be surprised to see a false breakout on the euro. Usually false breakouts are the moves to catch the majority off guard, where the algos create a stop run, forcing investors to cover.
euro https://www.tradingview.com/x/usbbe8eW/
Very true. Where does wealth go then? Yuan? Dollar? Precious metals? Cryptocurrencies? All of the above?
Another question: Where does Trump fit within world affairs?
I believe, with the US dollar as reserve currency, wealth will seek out the dollar. US stocks could be another safe haven, as contrary as it sounds. With low interest rates, loss of confidence with the US government (not Trump) smart investors would look at stocks, (APPL, Goog, AMZN) like they would look at bonds. Plus, they are denominated in USD.
Speculating, all it would take for bond investors to decide to park their money in US markets. A few big states going broke and defaulting on their bonds. Smart investors might go private for wealth protection, as in US dollars and the stock market.
The CME has a Central Bank incentive program. Central Banks are actively buying US markets. Do they know something we do not know? Usually big institutions, and central banks are stealth buyers. I believe this could be the case, but am probably wrong. This is all guessing and total bs.
CME Central bank Incentive Program
https://www.cmegroup.com/company/membership/files/CBIPFAQ.pdf
CME international incentive program
http://www.cmegroup.com/company/membership/international-incentives.html
I have no clue how Trump plays into this. Some are trying to read tea leaves he is a hand of god, others say he is evil. Trump has support from the majority of American voters. The msm are trying their best, to make us all think otherwise.
Trump already told us what he wants to do. 2018 is a key election for Trump. The american voter will vote Trump again, by voting for vocal Trump supporting candidates running for congress. This is baffling career politicians in DC, Republican and Democrat, where both dislike Trump. The day he mentioned "term limits", they hated Trump. For that would impede their daily ongoing corruption, you and I would go to prison for.
Looking at History, which is a skewed metric, however, it´s all we have at the moment. Trump is more like Lincoln. Both were hated by the Democrat party, Lincoln freed the slaves, Trump fought for blacks to be allowed into private white country clubs in Palm beach, Lincoln had to sneak into DC, because there were real assassination plots against him, Trump was greeted at his inauguration with riots and death threats on twitter, Lincoln was assassinated by a famous actor, Trump recently was threatened by Johnny Depp.
Looking at wars and Presidents. I believe Trump will not preside over a World War. Using pseudo reasoning, WW1 and WW2 were under a Democrat, where the Civil War was under a Republican. If we see any kind of conflict under Trump. It would come from the left not willing to accept they lost in 2016. If leftists lose again in the 2018 and 2020 elections, either election could be the catalyst to start something more than localized civil unrest.
Another event that could cause civil unrest within the US. A disruption of the food supply/chain. Look at all the inner cities with huge black populations. Community agitators could really stir up the race pot, where we see blacks attacking whites in massive numbers. Of course the MSM would blame it all on Trump. Inner city liberal whites are sitting ducks with their flawed ideologies. However, rural America where the majority of whites live, are probably more knowledgeable with weapons, and probably have way more guns. That is where we could see some real battles. I believe we would see blacks who are not propagandized, fight with people from rural areas. Then you have the latino gangs and ex military from Central American wars. Americans would have to deal with them too. I believe just 1 month would turn many into animals.
This is probably all bs, where I hope it is bs too.
With states going bankrupt, the career criminal politicians will shake down citizens, for every penny they can get. Instead of realizing, they are the problem. Whereas, they are not mentally capable, of managing the millions, they already rob us every year for. Career Republican politicians, are just as corrupt, as the career Democrat politicians.
https://www.armstrongeconomics.com/world-news/pension-crisis/illinois-on-brink-of-default/
Good interview...lots of questions I had were answered...thanks guys
Awesome interview