Always take a step back a focus on the big picture during times of volatility. Here is the big picture for gold and silver.
Gold’s US Dollar
February 12 (King World News) – Graddhy out of Sweden: Here is another view of what many calls a triple top for gold.
That’s not a triple top, it’s a perfect bullish expanding falling wedge.
Gold Will Break Above Pink Line To Kickoff Next Major Unplug
And it had 6 attempts to break above upper pink line, and the more times a resistance gets tested, the more likely it will break…
Listen to the greatest Egon von Greyerz audio interview ever
by CLICKING HERE OR ON THE IMAGE BELOW.
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Silver vs Tech Stocks
Graddhy out of Sweden: This very big picture ratio chart shows how undervalued silver really is vs the stock market technology sector.
Silver Is Coiling To Skyrocket vs Tech Stocks
When this chart starts to rise, the global capital flows into precious metals from stock market, USD, bonds etc should start for real.
Silver
Graddhy out of Sweden: Always have the very big picture at the back of your mind. The big breakout level for silver using the yearly time frame is $31-32, and not $38/50 that is on lower time frames. The blue tightening arrow pattern means a breakout is coming.
Despite Extreme Pessimism A Historic Upside Breakout For Silver Is Coming
45-year bullish chart, let that sink in!
***To listen to Gerald Celente discuss why 2024 is going to be a wild year and what to expect from major markets CLICK HERE OR ON THE IMAGE BELOW.
***Alasdair Macleod’s audio interview was just released discussing the Chinese public buying close to all-time record amounts of physical gold. To listen to Alasdair Macleod discuss the near all-time record demand for gold and what this means for the price of gold in 2024 CLICK HERE OR ON THE IMAGE BELOW.
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