Preparing for Major Shifts in 2021 – 2025
Preparing for Major Shifts in 2021 - 2025
07-31-23 – “The latter stages of that interest rate cycle, as described in late-2022 and early-2023, are also often when the Dollar loses value as the perceived support of repeated future interest rate hikes – which help support its value – begins to wane. That creates a bullish ‘double whammy’ (a highly technical term) for a market like Silver… a carrot […]
Read more07-29-23 – “The Dollar Index rallied to multi-week resistance and is at a crossroads. The next multi-week cycle convergence arrives on Aug 14 – 25, ’23 – the latest phase of 23 – 24 week & 11 – 12-week high-high-(high/low?) Cycle Progressions. That had been expected to time a subsequent high… The Dollar Index extended its rebound, reinforcing that with a daily (but not a weekly) close above 101.50/DXU… Gold & Silver remain in multi-month consolidation […]
Read more07-29-23 Outlook 2023/24: The Dollar’s Farewell Tour – “2022/23 ushered in a new 40-Year Cycle of Currency War… and a likely multi-year peak in the US Dollar Index. One of the interesting aspects of that is when one removes the smoke and mirrors of comparing one fiat (paper; debt-based) currency against another… and assesses the Dollar’s value based on more historically-sound comparisons. The primary […]
Read more07-26-23 Silver’s ‘Sweet Spot’ Reinforced by Fed – “Today’s widely-anticipated Fed action and comments reinforced the developing ‘sweet spot’ for Gold & Silver… that unique period of time – within an inflationary cycle – when economic activity and price inflation are still much higher than normal (supporting ‘inflationary’ metals like Silver) BUT the threat of looming and repeated interest rate hikes is […]
Read more07-22-23 – “The Dollar Index is rebounding after fulfilling its weekly trend pattern by dropping to new lows. That sell-off also fulfilled its negative weekly 21 MAC signal and outside-week/2 Close Reversal lower on July 7. The ensuing rally has already turned the daily trend up, increasing the likelihood a multi-week low has taken hold. The next, more synergistic, cycle convergence arrives on Aug 14 – 25, ’23 – the […]
Read more07-19-23 – “Gold & Silver: When is Upside Breakout Most Likely? – In Sept/Oct ’22, INSIIDE Track and the Weekly Re-Lay detailed why and how Gold & Silver were likely bottoming (on a multi-year basis) and poised to enter a 3 – 6 month surge, a likely 6 – 12 month rally (into late-’23), and potentially a 1 – 2 year advance – lasting into 2024. That remains […]
Read more07-19-23 – “Gold & Silver: When is Upside Breakout Most Likely? – That wave structure was again illustrated in the April 11, ’23 The Bridge – Gold, Silver and Elliott Wave Structure, a copy of which is included above. Along with that were a couple of wave diagrams discussing Gold’s unfolding ‘triple top’ and the likely ramifications of that pattern (an ultimate breakout higher, […]
Read more07-15-23 – “The Dollar Index fulfilled its weekly trend pattern – projecting a drop to new lows – and its negative weekly 21 MAC signal… as well as its outside-week/2 Close Reversal lower on July 7. That was/is expected to spur a quick, sharp drop into July 14. It fulfilled that but, based on the corresponding price action, could see additional downside in July. The Dollar is still expected […]
Read more07-15-23 – “Gold & Silver rallied into mid-month and should see future peaks in early-Aug ’23… Gold & Silver remain in multi-month corrective/consolidation phases, entered after they fulfilled multi-month cycles that projected a decisive peak on May 3 – 5. Those highs fulfilled ~3-month low-high-(high) & ~4-month low-high-(high) Cycle Progressions in Gold & Silver while testing upside price targets at 2060 – 2080/GC & 26.50/SI. Those early-May highs reinforced the […]
Read more07-13-23 – “The Dollar Index is fulfilling its weekly trend pattern – portending a drop to new lows. The weekly 21 MAC corroborated that on July 3 – 7 after the Dollar Index rallied right to its weekly 21 High MAC (103.18/DXU) and reversed lower, generating an outside-week/2 Close Reversal lower on July 7. That was/is expected to spur a quick, sharp drop into July 14. The Dollar is […]
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