1. Same story, different day...........year ie more of the same fiat floods the world
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Charts from the Lunatic Fringe.

Discussion in 'PM Trading/Stocks/Technical Analysis' started by Zed, Oct 21, 2014.



  1. Zed

    Zed Size doesn't count! Midas Member

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    Parabolic moves need an increasing amount of money at an increasing rate... at some point they conceivably use all the money on the planet as is the nature of an exponential move. Obvious we fail well before that, failure is assured at some point whatever they do... even if they print flatout... in fact that would be the death nell for the USD. I guess we have crypto hanging in the background but I don't think they risk destroying the USD, at least no faster than they currently are.
     
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  2. Zed

    Zed Size doesn't count! Midas Member

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    Bills observation may well mean that the market resolves it regardless of .gov's desired. We've not seen the bond vigilantes in a long time, rumoured to be dead, but... what if they make a come back? All bets could be off... seems like a long shot. $64Q... does the market meaning anything at all any more?

    Watch this space I guess!
     
  3. Zed

    Zed Size doesn't count! Midas Member

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    PS> Good to see you Funny!
     
  4. louky

    louky Silver Member Silver Miner

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    [​IMG]
     
    Last edited: Jan 10, 2018
  5. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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    Hopefully better than SpaceX liftoff...?

    Higher interest rates will slow housing sales.
     
    Last edited: Jan 10, 2018
  6. louky

    louky Silver Member Silver Miner

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    Overnight gold move was a surprise :)

    Needs back test of 1305, and dancing around it....pivot
     
    Last edited: Jan 10, 2018
  7. savvydon

    savvydon Gold Member Gold Chaser

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    Overnight the dollar got crushed. I think this was largely responsible for the $POG move up. As the day wore on the dollar came up some and POG withered.
     
  8. louky

    louky Silver Member Silver Miner

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    updated TNX monthly, with goldies overlay

    [​IMG]
     
  9. louky

    louky Silver Member Silver Miner

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    [​IMG]
     
  10. savvydon

    savvydon Gold Member Gold Chaser

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    Yeah, will be interesting to see how POG holds up if the dollar makes the rise into your grey bubbles.
     
  11. louky

    louky Silver Member Silver Miner

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    It will wake up soon and unleash the fury of amazing power ;)
     
  12. louky

    louky Silver Member Silver Miner

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    My crypto targets suck, only about 50% vs gold 99.9%. They're going to smoke this range quickly and it will be spectacular
     
  13. louky

    louky Silver Member Silver Miner

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    Zed and perry like this.
  14. perry

    perry New Member

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    That explains WHY the dollar is now TRASH. I expect other countries to follow suit with this cryptocurrency mess. Why USA promoted this idea is beyond me.
     
  15. louky

    louky Silver Member Silver Miner

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  16. louky

    louky Silver Member Silver Miner

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    buy or sell this chart?

    [​IMG]
     
  17. louky

    louky Silver Member Silver Miner

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    on the move

    [​IMG]
     
  18. louky

    louky Silver Member Silver Miner

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    above 3.15 is like bull market territory

    and look how move started off bottom of box couple of weeks ago at 2.79ish

    [​IMG]
     
    Last edited: Jan 12, 2018
  19. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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    I'm no expert trader, but it looks like up from here...

    Screen Shot 2018-01-12 at 10.50.20 AM.png
     
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  20. louky

    louky Silver Member Silver Miner

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    You mean down?

    :) :)

    If it hits that trend line, looks like you've got a potential fall to 1251 planned too :)

    [​IMG]
     
    Last edited: Jan 12, 2018
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  21. louky

    louky Silver Member Silver Miner

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    I post targets when I have them, of course, but next major move is definitely down. Here's retrace levels and potential pattern/theme for funzies.

    [​IMG]
     
  22. louky

    louky Silver Member Silver Miner

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    Maybe SLV starting around 15.40 area will look good
     
  23. louky

    louky Silver Member Silver Miner

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    [​IMG]
     
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  24. louky

    louky Silver Member Silver Miner

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    [​IMG]
     
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  25. louky

    louky Silver Member Silver Miner

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    gold's at the point when you get like queasy feeling in the pit of your stomach

    [​IMG]
     
  26. louky

    louky Silver Member Silver Miner

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    [​IMG]

    [​IMG]

    anyone seen kingpin?



    :belly laugh:
     
  27. louky

    louky Silver Member Silver Miner

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    finkel is eignhorn, finkel is eighhorn!!!

    [​IMG]
     
  28. louky

    louky Silver Member Silver Miner

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  29. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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    Like I said... I'm no expert trader! But I do appreciate you's guys smarts!

    I'm on the sidelines because I don't trust the market isn't rigged....
     
  30. louky

    louky Silver Member Silver Miner

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    Haha, you got it right. I just inverted the gold chart to make a point. So Up, like you said, will be down.

    Looks like a bearish over throw (if chart rightside up), but who knows. I guess if gold break above bottom of the box 1359, then no puke fest
     
    Last edited: Jan 12, 2018
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  31. louky

    louky Silver Member Silver Miner

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    If/when gold does dump again, I think it will be wise to start buying.
    Definitely going to test top of upper box this year, imo 1395.
    Silver for me
     
  32. FunnyMoney

    FunnyMoney Silver Member Silver Miner

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    Parabolic moves and illusions can go on a lot longer than people expect. As the market cap grows, it becomes heavy, it can even reach too heavy (as in can no longer support its own gravity - the making of a black hole) but in reality to move just a little further still only requires a lack of sellers willing at that price vs number of buyers willing. The CBs can always skew that equation since they hold the denominating instrument (the medium of exchange being used). They are the house and we only hold some of their chips.
     
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  33. louky

    louky Silver Member Silver Miner

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    h&s on the dolla targets 89.88, or green TL double bottom at 90.67

    [​IMG]
     
  34. louky

    louky Silver Member Silver Miner

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    copper

    [​IMG]
     
  35. louky

    louky Silver Member Silver Miner

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    another look at $, price poked through lower BB. usually = pop

    [​IMG]
     
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  36. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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    There's always bitcoin....

    One of the Biggest Crypto Exchanges Goes Dark and Users Are Getting Nervous
    By
    Camila Russo
    January 12, 2018, 12:39 PM MST
     
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  37. louky

    louky Silver Member Silver Miner

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    Just saw this. Fast forward to 1/13/2018. One year to the day, Gary has called confirmation of end of the $ bull in his most recent video




     
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  38. jelly

    jelly Seeker Seeker

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    You guys beat me to the dollar. Definitely not looking pretty for the dollar! Makes me think of gold in 2013.
    USD breaking the 91 - 9.50 level. Has plenty of room to fall. Should be good for the metals in the near term!
    USD1-13-18.png
    5- year view of the dollar. Long ways down to strong support at 85....

    USD5-year.png
     
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  39. jelly

    jelly Seeker Seeker

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    Silver isn't going to stop until it gets to $18. And even then, it will probly just be a pause.
    Silvertarget.png
    COT Chart shows room for lots of upside.
    Silver2017.png
     
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  40. louky

    louky Silver Member Silver Miner

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    here's a chart showing dollar vs gold with a one year lag time. in other words, the dollar often follows what gold did last year

    [​IMG]
     
    Last edited: Jan 13, 2018
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