Sit back... relax and enjoy. The rally just start
Post# of 123686
Sit back... relax and enjoy. If you worry in a bull market, I can't even imagine in a bear market!
Gold & silver's monthly defined 2021 road map still intact. Q2 and Q4 belong to silver, while gold will shine in Q3.
Silver's Masterpiece! We already have a yearly confirmed breakout for silver! Now, if you want to play it safe, wait for a 2020 close above 17.15$, then this could very well be the lowest risk, highest reward play of your lifetime!
https://preview.redd.it/7v7baqoioqz61.png?wid...e5d61968d1
This is Patrick Karim master road map for #silver. Silver will enjoy capital flows from disillusioned #FAANG stock holders... who will now seek the silver whale!
https://preview.redd.it/fu9zeapnoqz61.png?wid...ec964946d3
Silver's open interest (including options) MACD shows an insane setup for silver.
Question is... how high? Greedy analog move yields 73$ in Q4 2021.
https://preview.redd.it/bksrhsfdrqz61.png?wid...7e04bbd634
Tic toc ?
Assuming inflation not only continues to rise but accelerates to the upside while bond yields are capped, we have an asymmetric risk to the downside in real yields. Precious metals and miners have long-term inverse correlation to real yields. Said simply, if and when real yields dump, watch Silver and Gold and the metals soar. I estimate the time for that scenario to play out in weeks.
My assumptions : 3% -3.5 %, yields 2,70-3% , USA Growth 5 -6 % . There is no doomsday or hyperinflation !!!
As stated in my previous post this is not economic boom this is just recovery .
Being optimistic about the economy and the markets currently is far more entertaining than doom and gloom. However, it is the honest assessment of the data and the underlying trends, which help protect one’s wealth longer-term.
I am an ape as like you , This is not financial advise just my personal targets .
Thanks Patric Karim for excellent charts : https://twitter.com/badcharts1
You can also look also my previous posts at my profile u/kimaxw
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