Right now we've had a bearish rising wedge, which usually
breaks down to the downside as a continuation move, but when it breaks
up to the upside, usually see, this is as creates as a violent explosion.
When I did this charger, like I was infatuated with long-term view is
ripe in Silverton vantage's.
That we have data going back to all the way to the seventies even
before.
So these are yearly candles.
Whenever you look at the chart, always look to see what time frame.
It is. So each of these, it just one year of data.
And then when you look at that chart, you just see beautiful that
reverse symmetry salt, like emotions at church, like a blow-off top in
the eighties.
And then that this is just that everybody sign into it.
And all that damage from that Paragould melt-up.
You need a huge long, long-term baseball team old to your base.
Nobody wants over until eventually, there's no more buyers.
There's no more back holders.
And then after that, you could do practically a reverse image remove
guys, like from one end to the other.
It's practically repeats and we're having the same type of move right
here. So, I'm 20 and 2019.
We had disclosed right here above this neckline, very ninja breakout
on the yearly close.
Not many people, take me to Silver in 2019, even if gold broke out
here in March.
So this is the kind of the 2020.
And here's the March Madness.
Everything going down.
Nobody wants silver, but it just ended up being a witch.
So right now, we're no threat to anyone.
This chart actually went all the way back up here to 29.
And when you see those type of patterns, these are the lowest
countries when you were on the right side of the art.
When do you start a card in higher lows?
And as soon as I saw this, I said, man, something specials happening
with the silver.
Futures on the long-term and then whenever we break out above 31 or
$28 on a yearly basis, then we should vacuum up there to it, like a
$58 Target, which is the measure move.
We've had that multi-year consolidation.
So there, the more, the amplitude, the morning move with exaggerated
the Mormon Powerball ticket in the seventies.
A really like never never let go except for a small Paws and then
whatever that time it took to go up.
Then you need a multiple that are both know, talking trash to
Where to heal, but right now, we've already had the trash and who's
Heather a basin for 1 2, 3 4 5 years if gold would have not done a new
all-time high last year.
They did.
I would have said, I would have had a doubt, I would, if I can keep
adding to evidence.
It's always about seeing what's happening.
But I'll show you a chart later on at the fact that God has done an
all-time high and it moves so much out of its 2015 or 16.
Oz that the odds are that the consolidation on these long time, frame
is done and whatever we're leaving right now is draw Downs, going to
be a temporary and just noise on route to desire up here.
You see the doll with its peak versus Silverback epic in late, 2018,
and since then, even if it is volatility where the battles are
performing, silver up and down the chair.
And right now, it's time to get down and hear you have this huge
pattern.
Since 2011, here is where silver top and gold T-top, vs.
US equities.
This is a bearish rising expanding wedge.
So essentially you say buy rice, even if it still go.
Yep, cuz it's ultimate Target.
Once it once it breaks down below that that bottom boundary The
Targets in the beginning of that pattern.
And right now here is it in August wear, silver really are performed
at the Dow at.
Right now. We've had a Rite Aid in various writing which, which usually breaks
down to the down side as a continuation move.
But when it breaks up to the upside, usually see, this is Chris, I can
find explosion.
But once that's done to chat some other people and then you have a
reverse move that goes back down and goes and thing is not working.
So I'm hitting hear some overhead resistance.
I'm hitting here this back to rest of this critical low grade online.
So this is a clue that.
Unless this breaks up words.
Silver should be a performer in US equities going forward.
If we break up words like in the following weeks or month than it
should start up, performing the US, equities are starting now.
So yeah, of course, I could be some daily volatility, but I'm
expecting this to go back down through the Apex of this move and just
continued.
Its trajectory downloads are performing at the doubt.
There's everybody liked has narratives and all these narratives today.
Everybody has money behind these narratives, you know, it's at the
market Aggregates, all these theories are all the sentiments.
So as a chart Raider, I just have to look at the chart and see where
my risk-averse is my reward.
So even if that's a silver, is closer to a being so undervalued, vs.
US equities than being overvalued.
Do if interest rates would be down here, David back to 2011 highs.
I kind of be worried, you know, if somebody screaming ass over to $500
or $100, what was
Far off in this ratio that I see this as fuel consumed, Scoville
chart, break out to the upside than that.
I'm expecting there is either that, you know how Rachel's work, right?
Either people go down the same direction, but went up from the other
or silver goes up in the Dow goes down, or darkest, a flat and still
we can just go up, you know, about the phone ring.
So this is how I told investors should see.
And the silver that the drawdowns the potential down four Silver
Surfer had this huge base, and now you're starting to hire Lowe's in
this in this charts pretty important.
Because this is a big picture chart of cordially chart.
I put a fine-tuned 18-month Moon average, so I try to find a moving
average where if we ever close below that on a quarterly basis.
We were trouble that means silver needed.
Three six months a year to recuperate, and I know right now that that
18-month we never see that $23 sixty.
So how close is silver?
Can't close a quarter above 2368.
So that means in September,
Indeed I could be worse than for.
So investors, even for me and all you want to step away and just let
the best at all.
Does that mean that you went to court?
He's going to keep on performing at Silver and then that's what I told
you before it's going to bus to be outside.
So you really don't want to see that close below that 18 Bucks moving
average for Stover.
There's a whole bunch of importance critical like the support right
below. But I do want to buy an asset where you get stuck for for, for many many months.
You know, what you want to be there at when it just breaks out, right
for that, supporting Tikka.
So sore, right now, since molding in between two, two, critical levels
here, we have to get it to
The credit score does not like people think.
I'll go it's lagging but it did its all-time high 2 broke out in June
of 2019 and the way Goldsmith.
Whatever, a macro technical Jose inflation or whatever, go to stepping
out. When it broke out back in, 2019 and silver.
It was just a catch-up move.
And I what I loved about that break out in July of like that Echoes of
the candles in the 2019, or even this will pick up.
Nobody was talking silver screws back.
Then, there's no narrative even people here for many months here.
I just compared to hear the basic process of 2003 to 2009 and 2003 and
he was like that Bad Brains.
You just told me about that David didn't show any emotion.
This fact was nobody wants over for many many years.
It's not doing anything, goes refuses to breakout go down, but here we
haven't like a Breakout
I'm just just above and after that we just Consolidated and it showed
up but we don't need new was actually I'm happy when there's no news
and all this information.
Talk as a contrarian that narrative is kind of scaring me a little bit
song. I don't want to hear.
Nobody was talking inflation back.
Then, everybody was still talking, heavy deflate deflation.
So lit.
Look at listen to the charred, get in earlier as to when you just
break out these huge vases.
And there, you'll be way more well-situated having bunch of silver at
$18.
And right now we're in consolidating and you're not quite sure if it's
going to break to the upside or break down and consolidate some more
know you were on the sidelines right now. You, wait.
I'm definitely wait because they're the power of the charges to give.
You opportunity cost minimize whipsaws if you want to go and silver
until you get a weekly close above $20, you stay away from that.
If you're not in, if you want, if you if you bought at $18, you're still in.
Its you close below that 18.
Moving average.
There's a, you could, you could probably take some profits that long
for What, from what I've seen from, where we are in a cycle and all
that, like the back of the evidence right now, right now, today, if
you tell me you put it put it put them in all my money in.
I would definitely load up on gold for just because we're on the
cycle, the rest for it verse in US equities at the it's much much in
favor of a gold right now.
So definitely definitely I said hold on to gold.