Gold & Silver Diverge as the Dollar & Stocks Prepare for Plunges! Bitcoin Near Bottom.
03-08-25 – “Stock indexes remain on track for overall declines into late-March/early-April as part of a larger setback. That would provide intriguing parallels to 2020 and also to 2008… the previous phase of the 17-Year Cycle… The Dollar turned its weekly trend down as the Euro turned its weekly trend up…
Bitcoin & Ether fulfilled analysis for sharp sell-offs into early-March with Bitcoin initially dropping right to its 50% retracement level (~79,000) and signaling a bounce. That rebound quickly took hold and saw Bitcoin rally 50% of its decline but quickly level off at that decisive resistance.
March 6/7th was projected to usher in a new wave down, reinforced by the fact Bitcoin repeatedly tested its declining daily 21 Low MAC and never closed above it. That corroborates the outlook for another quick drop into the coming week with Bitcoin still targeting 72,000 – 74,500/BT…
Gold & Silver rebounded after initial sell-offs – Gold from new all-time highs and Silver from a secondary (possible ‘B’ wave) peak. Silver remains in a weekly downtrend – an indicator that argues for a drop below the mid-December low before any new highs are seen. However, that indicator needs corroboration (synergy)…
Two key factors (among several) were/are expected to influence Silver’s action between mid-February and late-March:
— Silver could ultimately match the duration of its wave II (May – Oct ’23) correction, as wave 4s (IV) and wave 2s (II) often ‘tend toward equality’… Silver could again adhere to the ‘90/10 Rule of Cycles’ – experiencing a large percentage of the latest decline near the end of the cycle…
On a larger cyclic basis, a Silver low in March/April ’25 would reinforce multi-year cycles peaking in March/April 2026, including a unique ~5-year cycle evolving since 2001 (and before). The weekly trend indicator in Gold should also help hone expectations for late-March.”
Gold remains bullish as Silver remains neutral, rallying in a likely ‘B’ wave advance that is projected to give way to a ‘C’ wave decline below its Dec ’24 low and back to its early-Aug ’24 low (~27.60/SIK). A multi-month Silver low could/should stretch into April ’25 with the sharpest drop most likely in the final 1 – 2 weeks leading into that low.
Early-April ‘25 is also the time when a sharp stock market plunge could accelerate into a multi-month bottom. The final indexes – S+P 500 & NQ-100 – fulfilled their upside objectives on Feb 18/19th and quickly triggered weekly sell signals that reinforce the outlook for 20 – 25% plunges into early-April ’25 – with daily & weekly cycles most synergistic on April 3rd – 7th, ‘25.
The 40-Year Cycle of Currency War continues to impact Gold and its relationship to the US Dollar. Gold fulfilled major cycles in Sept/Oct 2022 when it perpetuated a 7-Year Cycle of consistent lows (2001 – 2008 – 2015 – 2022) that coincided with the onset of a new 40-Year Cycle of Currency War AND 80-Year Cycle of War and projected a multi-year bull market to follow…
Outlook 2022/23: A New Currency War Begins
Outlook 2023: A New Currency War & Inflation
Gold’s mid-November ’24 low projected a subsequent rally into late-April/early-May ’25, which remains on track. The Dollar peaked in January ’25 – fulfilling its 3 – 4 month outlook and ushering in the time for a sharp (projected) decline in 2025. Meanwhile, Bitcoin is fulfilling its related outlook for a major sell-off in 1Q 2025 that could attack decisive support near 74,500/BTC before a bottom takes hold.
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