The top chart is work in progress. I work out my wave positions from memory in the shape of pictures, then I try to confirm it (offline) by working on my paper print out wave positions. With difficult wave positions, I always work from paper as the rest of the world has their heads stuck in their computers or cellphones. If you were to test the wavers on the entire internet, I bet not a single expert waver can produce the same wave count offline and on paper in front of my eyes!
I have some huge important gaps in the USD wave positions but I’m very confindent, that the USD is in a much bigger bull market than any expert on this planet can presently imagine. The gold bugs are escpecially wrong if the the dollar remains bullish until 2101. (Submillennium Degree wave 3) GSC degree wave 3 would end about 2071.
It’s between major peaks of the USD and its corrections, that will produce wild gold bullish phases that will blow your mind.
Folks, there is a time when to invest in gold and there is a time when to “SELL” gold. Holding gold at the 2011 peak is the worst mistake that investors make as 2011 was a 30 year gold cycle mania peak. Not some correction in an ongoing bull market where they expect $5000 gold. This is not going to happen as gold will hit below $500 long before gold $5000. They got their zeros wrong! I was always scratching my head how the goldbulls can expect a super bull market, in gold when the USD has so little room to implode.
The 2018 low in the USD (89) was a critical clue in all this which turned my USD bearish sentiments into USD bullish sentiments. My 5 waves down I thought counted out great to the degree, but then when it took off, very bullish patterns started and I had to switch to a big bull market instantly. We can’t be asleep at the switch, as every major turning requires us to switch 180%.
I made up two of these but with the bigger trend lines that I see. Just the big wedge alone, for this length of time suggests a huge USD bull market is coming, which is deflationary to say the least. The USD has turned into a safe-haven currency and I for one switched to USD trading as fast as I could, and I have no regreats in doing so.
What do you think we will find if we hunt for a Golden Cross in the US dollar? On daily charts this has already happened so we have to use the Golden Crossings in a bull market. The rest of the world is sitting on Death Crosses, while the USD has just finished a Golden Cross in the daily charts. Sooner or later the USD should see a new record high, which will shock the gold investor, in how could this happen?
I just want readers to know that even though my wave counts are iffy at this point, I’m always working on the bigger picture. I’ve been at this for over 20 years trying to solve the USD Anigma code and I will not give up until I die. It is the world birthrate crash that is doing it, that all forecasters are ignoring. I have relatives that are going to get very hurt in the next 3 years, as they are all “invested” in real-estate! I’m a trader where cash flow is king, and nothing else matters. USD Capital preservation is going to be the key, as all other currencies are going to get crushed! I have to make a living from my wave positions, and I would be wiped out pretty quick if I can’t make a 180 degree turning when I need to.
I have recently told my client in what I see in gold, and he has no problem with it, even though he has a good gold silver stash for his son and grandson.
In the next few years we will see how financial advisors that got you into gold acually know where they are. How many of them will call up their clints and say, “I think that gold is going to crash, and we should cash out now!”