We're still of the view that if gold has a major bull market that it's
already in the process of in this is just merely been a two-year
Interruption, which happens by the way in many of the gold bull
markets.
That there's a major Interruption that last for a couple years.
Then silver will Whiplash far greater on the upside on a percent basis
than gold.
It's a situation also that a lot of people are looking at the stock
market and they they're recognizing finally and we got bearish in
January of this year, by the way, on NASDAQ 100 and February 4, SP
major long-term bearish.
So literally, a few months off the high and since then we've seen a
significant decline, not a collapse, the significant decline in
layers.
We think you could pick up some speed here soon in recent months, gold
is joined in on that.
Okay.
Now the same kind of thing happened back in October of 2008, when the
stock market had already been a year off of its high is October 2008.
Heck, you did peaked in October 2007, their October 2008.
It had a crash like event in the SP we went down like thirty-some-odd
percent during the month of October at that, that same month, Gold,
finally decided, I think I'll join in so gold for a matter of several
weeks within the month of October collapsed with The SP and everybody
thought, oh, it's going to continue down the SP.
Within a few months goal was back at its high and a few months later,
recipe was continuing to make new lows.
So totally divorced, despite that breakage the scared.
So many people in October 2008, which we think to some extent is very
similar to what we've just seen in gold now with a price charts.
Look terrible.
The momentum chart say, Uh, something's wrong here.
Don't believe with the price charts telling you so we shall see.
But over the coming weeks I think a lot of the evidence that we're
looking for is going to come into play.
Such that Paper asset category which is a broken bubble.
Now, we had a Sevenfold bull market, the S&P over the prior Dozen
Years up to 2021 promoted by Q.
He's Q.
He's and zero rates and you had a 16-fold bull market in the
nasdaq-100.
You've never in the history of the United States, had a stock market
paper asset bubble of that Dimension, even the 1923 to 1929 bolt, is
like a trip.
The.com bubble was nothing compared to what we've just seen the 2003
low to the 2007 High.
When we came down in 2009, we thought it was the end of the world.
It was only a Dublin that we'd seen between 2003 and 2007.
Here we have a Sevenfold in a 16-fold and people don't acknowledge the
difference.
Thing comes apart, it's going to be horrendous, we're seeing it in
other assets as well.
Like that markets, not just the US government, t-bonds Muni, bonds are
collapsing high, you'll corporate debt ETFs like H YG, J and K, then
collapse mode, the going down with the stock market but they're
they're pushing level such that the muni Bond ETF in the high-yield
corporate debt ETF closing the month whether you are now take out ten
years worth of Prior low closes 10 years, The only thing left on those
is the 2009 lows, so it'd be like the S&P now down at about 2000 or
something.
It's it's a major collapse.
And so the paper asset bubble is broken, the question, then is for
those who believe that the FED is, you know, somehow the wizard that
maintains control over the universe, are they going to continue to
allow this to unfold and unravel?
They prick, their bubble, their own bubble.
They picked it with a big pain.
And instead of the default, Leading inflation.
They're deflating the inflation bubble that they created paper assets,
and once they recognize the consequences of that.
For instance, we're seeing some of that in the UK with their having to
come in and defend their bonds.
Europe is in Dire Straits.
China is not doing well, so a lot of paper assets are employed and
around the world.
Do you think the central bank here will continue to posture itself in
such a way that it doesn't come to the defense of these assets?
Because if they don't come to the defense of these assets, then you
can have cities and states and Dire Straits, very quickly, you can
have Pension funds unable to meet their requirements because the
assets that they bought over the years recently to get higher yield or
killing them, not helping them.
So we have a crisis at hand.
That's likely to pick up.
Read in a way that the chaos theorist would say, aha, we've gone from
incremental Trend to a chaos resolution where things unravel quickly.
It's during that time that we expect to see gold and silver the bottom
out of this situation and go contrary to the paper asset bubble
breakage.
So, it's something we're monitoring at MSA constantly.
We think that's going to be the outcome, we Going to see some of the
evidence of that already.
And so that's, that's our function, their first off, we're coming up
on the end of the month, in the end of the quarter, whenever these
timeframes change, we moving averages, we measure versus now.
I mean overlaying them on a price chart, but oscillating, price in
relation to these moving averages, we're going to get some up, turn
signals and silver and gold, they will.
We're looking for layers of bicycles.
In other words, not just one magic number, but it's likely to be
Several starting Gates and we're effectively right now trading at
levels.
If we're trading here next month, you're going to start to engage.
Some of these even around current price levels of silver and gold.
And I think you're going to start to see that divorce to wear even
price.
Chart folks will be able to say Hey you know, stock markets continued
down, but gold is somehow anchored.
In Sulfur, is flipping up.
Now, what's going on here?
It'll confuse them because a lot of people believe in that assumption
that if stock market goes down, gold has to go down.
It's not historically valid.
Technically speaking, going back to history, the correlation between
the To is not that good at best.
A coin toss.
Yes.
Their points in time where you might get a panic in the stock market
like March of 2020.
You had a panic and gold as well but quickly gold reversed out of that
and exploded and so did silver silver went from like $19 to 30 in a
matter of months.
So we're looking for that divorce again.
And our focus is not on precious metals as such meaning Palladium and
platinum.
But on gold and silver monetary metals because we think we're facing a
monetary crisis here and it's it will be evident not in just Emerging
Markets which are suffering badly right now because of the dollar
situation which by the way we think is turning the other way.
But the major economies, the UK, the EU Japan.
And we've already seen some intervention that we've never seen before.
The UK is, In the Japanese Bank of Japan has intervened, wouldn't be
shocked if the treasury Department intervenes at some point.
If they haven't already without announcing it, but it's a monetary
crisis and I think gold will reflect the opposite of that and frankly,
it in silver will be the preeminent places to be as that unfolds the
miners are we defined them in silver to some extent is this way too.
The screaming babies of the mama, gold.
Okay, when gold is going up, they scream ahead.
You know, it's like have a dogs on a leash that Russian ahead of you,
okay?
And when gold was down even modestly, they go down a lot more.
It's just the way they behave but if in fact, gold is turning here.
And again, the evidence is not in yet, it will be defined in our
report.
Specifically as each day goes by expect the miners and silver to
snapshot Whiplash back to the upside, not just in terms of price.
But in terms of relative performance, to Gold percent gain, and we're
still of the view that if gold has a major bull market that it's
already in the process of in this is just merely, been a two-year
Interruption, which happens by the way and many of the gold bull
markets.
That there's a major Interruption that last for a couple years.
Then silver will Whiplash far greater on the upside on a percent basis
than gold.
And I remind your viewers and listeners that in 50 years going back
and gold in the early.
1870s.
When it was only in the bullion Market, not in the Futures Market, the
u.s.
gold would up Sevenfold by 1975 when it was legalized here.
Sevenfold to other bull markets.
Since then, we're Eightfold moves in the price of gold.
The 1976 load of the 1980 high and from the 1999 S price levels around
250 and went to 1920 by 2011 took a dozen years but it was an
Eightfold move.
So goal, going up seven to eight fold in Bull.
Markets is hardly irregular.
It's done it three times in the past 50 years, okay?
Our bear Market low was 1050, you do the math.
If it merely has another replication of the prior 3 and goes up, eight
Volbeat thousand dollar gold frankly, given the fundamentals in the
macro technicals that we see.
That wouldn't surprise is whatsoever.
In fact, even more would not surprise us because we're in a different
world now than we were in the late 70s.
And then we were between 1999 and 2011.
There's a lot of stuff going on here.
That is Major unraveling and the unraveling is likely to spark, great
Panic, greater than we've ever seen among the central banks, which
means what Ongoing destruction of the real value of the money in it
period.