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Elliott Wave View: Copper (HG) Correction in Progress
Read MoreCopper (HG) is correcting cycle from March 23 low before the metal resumes higher again. This article and video look at the Elliott wave path.
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$FXY Longer Term Elliott Wave Cycles
Read More$FXY Longer Term Elliott Wave Cycles Firstly the $FXY instrument inception date was 2/12/2007. The instrument tracks changes of the value of the Japanese Yen versus the US Dollar. There is plenty of data going back into the longer term 1970’s time frame available for the currency cross rate in the USDJPY. The foreign exchange […]
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Bitcoin rallies 34% since September. Will the Rally Continue or Fail?
Read MoreBitcoin has been rallying for the last few weeks and this week it managed to make a new high above August 17, 2020 peak. The low seen on 8th September 2020 was 9825 and last week’s high was 13235 which makes it 3410 and equates to 34.7% rally since 8th September 2020. In today’s article, […]
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Gold-to-Silver Ratio Suggests Further Upside in Precious Metals
Read MoreGovernment and corporations around the world continue to accumulate unsustainable debt. Since it’s unthinkable for developed countries such as the United States to default on the obligation, the only way out of this situation is to continue to debase currencies. This environment is very supportive for Gold and Silver in coming years. Indeed, Gold has […]