Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users.
Thank you for analysis. However you are looking at big picture on monthly chart, yet avoiding 1995-DotCom cycle. It has many similarities to what is happening now. Would be good to have a bull thesis along with bear thesis. And here is a question to ponder : where would the money flow? Bonds? ATH? Currency? -when the CBs are ready to print and ready to QE? So there is gold and stocks. Money printing can go much longer and that is not bullish for stock alternatives (bonds)
meatman00
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Phil what is your opinion on Gold? I believe we are consolidating for a push higher but wanted to get your thoughts.
PRO_Indicators
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@meatman00, you already know what I think about it.. I'm buying this trend and I started way before ppl start to catch interest on this!
meatman00
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@PRO_Indicators, Thanks Phil, really appreciate your content. What about Silver? That to me looks like it has a huge amount of upside if precious metals are moving higher. Gold/Silver ratio is also unusually low.
PRO_Indicators
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@meatman00, already buying gold for quite some time ! Trend is now set. I just bought a bit of silver on the recent breakout. But less leveraged as I don't have the speculative trades to back it up like I had on gold
transparent-fx
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learning is the biggest part of trading, and there is no learning without sharing so i really appreciate that you shared your idea, i also do my best to share the knowledge i accumulated in this years, i'm sure you would love it