And silver at $34 is a triple top on the point and figure chart, with the current momentum if it hits $35 it would break the triple top. Michael Oliver brings this up here at 11:58 https://youtu.be/-T_N0ms-T3I?si=YAUv3J6iiH6A7k2I I Expect explosive move at that breakout since it went down to $29 during the correction creating a double bottom that held https://stockcharts.com/freecharts/pnf.php?c=$silver,P
okay Vince used the Search function for YCC and found some links. Listened to the first one will hit the others later. Why can't all professors live in the real world as you do, LOL?!!
i hadn’t seen anything about the unwinding of the yen carry trade other than a smart post on reddit last week. but kitco just pointed out that its happening. would be chaotic for stocks, fx and treasuries ($ & bonds down a lot today as well fyi). and of course very strong gold scenario
And silver at $34 is a triple top on the point and figure chart, with the current momentum if it hits $35 it would break the triple top. Michael Oliver brings this up here at 11:58 https://youtu.be/-T_N0ms-T3I?si=YAUv3J6iiH6A7k2I I Expect explosive move at that breakout since it went down to $29 during the correction creating a double bottom that held https://stockcharts.com/freecharts/pnf.php?c=$silver,P
Love the point and figure angle thank you
okay Vince used the Search function for YCC and found some links. Listened to the first one will hit the others later. Why can't all professors live in the real world as you do, LOL?!!
They hired me because I’m not a PhD professor because the PhD professors couldn’t explain the stuff that I can explain. That’s why I got the job.
the best line: "Let's pretend for a moment that they're not evil."
When I heard that, I actually laughed out loud Enjoying a beer with dinner....
you track spot gold @vbl - right? whats your resistance level above?
and silver is trading at its high also ($33.73 for the july contract) creeping closer to massive round number resistance at $34ish
therefore of note that gold looks like it may be getting ready to break thro on the upside
does anyone follow japanese interest rates.
i hadn’t seen anything about the unwinding of the yen carry trade other than a smart post on reddit last week. but kitco just pointed out that its happening. would be chaotic for stocks, fx and treasuries ($ & bonds down a lot today as well fyi). and of course very strong gold scenario
https://www.kitco.com/news/article/2025-05-21/unwinding-yen-carry-trade-could-crater-treasuries-drive-gold-prices-new
HA! -- "Trading Places II" is unfolding, as an exchange-driven story
MCGA ??
If I remember correctly, narrowing bollinger bands channel (as seen in the silver chart) resolve explosively up or down. Let’s see what happens next.
Yes, and there are subtlety that tell you what’s real what to fake out
Duke and Duke... nuked again?