Silver Weekly Chart 2011-2018 Update.

The silver bulls think that silver is in a bull market, yet all my best wave counts and indicators like the Death Cross tell me an opposite story. The sideways decline in silver is doing the opposite of what gold has done and at this point, silver only has to fall about $2.90 and it will break to new record lows. Below $13  silver will have confirmed that this so called bull market is nothing but a fake, or a bear market rally. All bear market rallies retrace themselves and have been doing that since the 2011 top. We are in a 5 wave decline and we are not finished by a long shot. A crash of more than $3.00 will end all this silly debate between those who can tell what a bear market rally is and those that can’t. The majority will never want to take the time to learn. Every single counter rally in this silver bear market is just a mini bear market rally and they all have been completely retraced. Each mini bear rally attracted the gold bulls back but their bullish views were quickly dashed as being wrong!

Folks the majority always get fooled and in the case of the 2016 top they are getting fooled by an Intermediate degree rally!  If they are so easily fooled then a huge silver “B” wave bull market in Primary degree will fool many more.  Are you ready for silver to crash to $8.00 because if your not your going to miss the biggest counter rally in silver that you have seen since the 2011 peak. I’ve been actively planning my future bull ride already with my friend but I will use GDX for that.

What we see above is called “Waiting” for the trade to come to me, as everyone else chases bull markets which I never do. When you chase a bull market your too late already and those that are late will already have missed huge gains. We had a huge Death Cross and then a Golden Cross and then several little crossings which should end with a small Death crossing when silver plunges. In the weekly chart this looks much worse, and I for one see silver as a short bet not a long bet. I would “NEVER” knowingly park my bullish positions on-top of a Death Cross. When you do your are going to suffer huge losses very quickly when the bottom gives out.

The world is going to deflate when the big one hits so no gold, Silver or oil can handle that and they will suffer the same fate as the markets. This has all happened before in the 20o8 crash, where everything crashed together in a deflationary spiral. 2018 is also a very special year for earth as it hits it’s 30 year cycle, of slowing rotation.

This rotation slowdown they say will cause massive earth quakes as the earth twists and turns. The metals all run on this cycle as major peaks are 30 years apart. Cycle degree wave 5 will not finish until 2041 and I still need to work on what the price of silver will be by that time. Short answer is $89 for silver!  In gold Supercycle degree wave three will be about $2225.

I also use the 100 year cycle as a forecasting tool. I time travel back to 1919 and look forward. 1919 was the peak of a major silver bullish phase so being long at that time would shred all our gold and silver investments.  Some of the greatest shorting opportunities are also going to come, so if you can only bet one way then you are running at 50% efficiency or less.

I look for high-efficiency trades for myself and my friends and they are found in 5 wave runs. Looking for trades that will contain any Minor degree 5 wave run should never be missed as they can be great winners if you can ride the bull!  The object is to find your personal best in a single trade and then try and beat it. If you try to beat the market it will surely come back and beat you up! 🙂

I’m short gold stock ETFs and have no intention of freaking out and selling in a panic. As long as I have funds in active real money positions, I’m constantly testing my wave positions with real money.

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