EmptyEternity

EmptyEternity

Yuan is a ticking time bomb - and is squeezing. BOJ is devaluing Yen because dollar is exporting inflation to other currencies forcing stronger currencies to hike first before easing, and forcing EM's to ease immediately to stop them from blowing up their economy from deflationary tendencies. Yuan competes with Yen for labor competition - so Yen being devalued by...

EmptyEternity Updated 

Double Top, watch Powell pull out a 1%+ rate hike tomorrow instead of the .25%. This will crush oil and commodities (Russia and China) while also causing inflation in Russia and China as we tighten. Their economies won't be able to take that double whammy. I predicted a rise to 2,100 area, and then a descent to $1,575 and possibly $,1350.

EmptyEternity Updated 

Dollar is going up, due to EM currencies destructing like Turkish Lira. They will all go that route, blowing up the dollar. Gold will take a bath and it'll be the best time to add to your gold/silver pile - unless dollar keeps going...

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Next year will be the year where stagflation turns into deflation. The dollar will roar and destroy Emerging Markets. This will cause a rush to the dollar as their economies blow up. The debt bubble will finally collapse as Central Banks resort to even more money printing pushing up the dollar in response past 120. Precious metals will capitulate worse than ever...

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King dollar is going to start getting heavy handed when you have: 1. Treasury soaking up money from FED's reverse repo 2. FED's reverse repo 3. FED's taper If China devalues the Yuan $USDCNY $USDCNH - then $DXY will soar to godly highs while pm's $XAUUSD $XAGUSD take a shit.

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I can see this taking a run up before crashing down in an epic fire due to deflationary forces seeking a haven for dollars. Good place for a straddle or married put scenario with a miner like Barrick or Newmont. Notice various run-ups before had a large run-up day, followed by a slightly higher day, before correcting hard (Friday or Monday). If it doesn't, $1,900...

EmptyEternity Updated 

Republishing this from my USDCNY post. 1. Head and Shoulders pattern 2. MA's + PA show a bottoming pattern 3. China will devalue the Yuan (Remnimbi) 4. Dollar $DXY will go over 106 5. Gold $XAUUSD will go below $1,500 oz. 6. Silvere $XAGUSD will go below $15 oz. Trade idea related to this currency pair that goes through other macro factors twitter.com 10, 20,...

EmptyEternity Updated 

1. Head and Shoulders pattern 2. MA's + PA show a bottoming pattern 3. China will devalue the Yuan (Remnimbi) 4. Dollar $DXY will go over 106 5. Gold $XAUUSD will go below $1,500 oz. 6. Silvere $XAGUSD will go below $15 oz.

EmptyEternity

Until we have UBI - gold won't attain ATH, since we're in a deflationary spiral. We will achieve 1575, the question is, will it go down to 1385? Afterwards, gold will go to the moon, but I anticipate miners will have to deal with ESG/Climate Change policies that will put a damper on profits. I wouldn't be surprised if gains from gold/silver/miners will be taxed to...

EmptyEternity Updated 

We are in a deflationary spiral - the FED is powerless to stop it unless they release UBI...

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PA blowing through Golden Cross formation - bottom of trading range it goes...

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Dollar is bouncing off of the 15 and 200 daily ema. Going up to 95, test down to 92 - up to 97-102+

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Can never count out the dollar!! The market will capitulate this year, the dollar will be the cause of it. I see a replay of it's rising, circled on the chart. You can see my targets for the dollar - which are mandatory to hit, to cause enough damage to make the FED institute YCC formally. I'll be posting charts and links to update this idea to show why the...

EmptyEternity Updated 

Please check out my thoughts (links are on that article) on Gold XAUUSD below - but I anticipate a market correction that will have people pile back into the dollar and have it shoot off, while gold gets hammered down.

EmptyEternity Updated 

On the daily we see a TTM Squeeze about to happen, we have a TTM Squeeze on every chart below the daily the potential for this set up is a huge move up or down in addition to 200mva cross-overs on lower charts and retracement starting on 15 minute chart.. Overall I still see a reset in sentiment before we see HH's - so I would like to see this go down. The...

EmptyEternity Updated 

Double top on the hourly - we are about to see this get smashed down. Please read my updates on my last XAUUSD call - links to everything can be found there. But to sum up - Volatility skew flashing like it did the day before the dot com burst, Market melt up for Apple and Tesla all shows that gold will be going down from here. Also, there are so many bulls in the...

EmptyEternity Updated 

Jackson Hole has spoken. Whenever the FED now prints more money it will cause deflation which pushes the dollar up. Consequentially other countries will devalue their currency to stay competitive putting further pressure on the dollar as it's the only game in town. I see gold going to 1700 area. That huge spike up and then slam down was just clearing stops. The...

EmptyEternity Updated 

After the beautiful whipsaw - dollar bulls are now fighting back. Whenever the FED prints it will be deflationary for the dollar and other countries will devalue to stay competitive with us and will push the dollar back up. Gold is going down imo...