Gold, The Big Picture

The bottom line for gold is: Retrace, lower

No-one in the inflation camp wants to hear that … it’s uncomfortable to face the potential of being so wrong.

Albeit wrong in the short term but probably right later … after it’s too late. More on that farther down.

Just like the lazy (and complicit, we might add) financial journalist publishing the standard (speck blaming) propaganda for the day, so too are the hyper-inflationists, jumping on the most popular bandwagon in town.

Not even considering the potential for a retrace; admittedly, which could be short and sharp but significant nonetheless.

This site has presented several times, we’re in a situation similar to that of Genesis 41. It’s the corn and grain first … then gold and silver.

Just to back that up a bit before getting to the charts, we have the following:

Crop failures world-wide

Systematic destruction of the food supply chain

Systematic elimination of farms and viable (for millennia) ranching practices.

Solar minima activity (decreased sun-spots) causing erratic weather patterns, shifting growing zones; even as far as sub Sahara, Sudan.

Those so focused on stacking metals will likely be using that stack to pry much needed food, food staples, seeds and fertilizer out of the hands of those not willing to sell … at any price.

Why are the oligarchs not worried about the ‘little guy’ stacking metals?

Because there’re going to make it irrelevant … at least for just long enough to completely bankrupt, starve or ‘inject’ the middle class.

Moving on to the charts:

The title header said ‘big picture’. Here we are with monthly gold charts going back to the 1950s, time-frame.

It’s been a long … long bull market. It appears to have made a top at ~1,972 and is retracing … if only just a bit.

The second chart is the one that gives us pause. Consider the potential for a more substantial pull-back.

Markets like to retrace and test. It’s what they do.

That second chart is scary. It’s plain, the 760 – 780 area is a long time (monthly) support level that goes all the way back to 1980.

Absolutely no-one expects, or is planning for gold to get back to $800/oz, or lower.

Think of the irony. The ‘stackers’ (and maybe the rest of us), having to exchange actual money, gold and silver, for worthless fiat just so they/we can buy food to stay alive.

After the middle class stackers have exhausted their metals hoard, that’s when gold and silver will launch into the next bull phase.

It has been done this way (keeping the peasants under control), literally for millennia. The method works … why change?

Summary:

The intent here, is to at least recognize the possibility for the above scenario. It’s clear and becoming more clear every day, food is the weapon of choice.

The objective is to have enough food ahead of time; be in position to take advantage of once-in-a-lifetime metals prices should that opportunity be presented.

Stay Tuned

Charts by Macrotrends

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

Another Brick … in Biotech

4:36 p.m. EST: Updated with additional data below in red

10:26 a.m. EST:

If the adverse event database can be trusted (a question in itself), the number of people recently injected with ‘speck’ protection, has fallen off a cliff.

The April 16th update linked here, had this to say:

“You would think it’s just a matter of time before this reaches some kind of tipping point; where enough of the herd realizes all at once, the lie.”

The abrupt halt in reaction uploads would indicate a jump in collective awareness the ‘speck’ is a lie … just in time for the next ‘event’ (likely to be food supply or cyber disruption).

Before we get to any market analysis, there’s one more thing concerning biotech … the masks.

Since investigative reporting has been usurped by controlling entities pushing false narratives, information now has to come from the individual(s).

That data is typically in raw form; unlike the slick presentations (i.e. lies) we’ve grown used to on the mainstream.

It’s now up to the researcher to do the leg-work on what’s real or not.

However, this link, appears to be above-board. Download the file if your viewer will not work.

A medical professional has investigated (internet rumored) mask contamination and has found disturbing results.

She is visibly shaken by her findings … probably realizing for the first time, the level of evil that’s directing controlling interests, world events.

She can’t fathom that someone would intentionally put parasites in a product that’s being pushed by the mainstream for us (and children) to wear ‘two … or three’.

Unfortunately, that’s where we are.

This author knows for a fact, a certain big-box home improvement store, handed out boxes of these same (type of) masks ‘for free’ to its employees.

When those employees for the most part, refused to wear them …. it then became a corporate directive, subject to termination.

Most of those employees eventually replaced the paper with a nylon-based covering. However, looking at the video, it seems like just one exposure to the paper masks is enough to inflict unknown levels of harm.

Intentional parasitic contamination … one more brick, in biotech.

Update: A contrary opinion is here:

Harmless textile fibers.’

You’ll have to make your own call. Both sides (parasites non parasite) are presented in this update.

Since the author of these posts has never worn a toilet-paper mask (or any mask), what’s on them does not apply from a personal standpoint.

Nonetheless, many in the public can be seen using this type of so-called protection.

Either way, the technical condition of biotech remains …

Moving on to the markets:

The chart of LABD (3X Inverse SPBIO), continues to move higher.

Our project position is being maintained (see table) and the stop has been moved up as shown:

Obviously, there’s a lot going on in the markets and elsewhere. There’s no telling when or if it will all break loose.

No matter; If that happens, we’re positioned (not advice, not a recommendation) in a market that’s already moving lower … pushing LABD higher.

Stay Tuned

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

Corn in New Trend, Higher

1:53 p.m. EST, Yesterday’s update finished with this:

To wit, CORN has just pivoted to the up side in a new trend; rising at over 437%, annualized.

If and when this news hits the mainstream press, it’s likely to be painted as ‘signs of inflation’.

It’s easy to be a lazy mainstream financial press writer these days.

All one has to do, is write some financial drivel and blame ‘The Speck’, inflation or climate change for the crisis du jour.

There … done.

The next day will be the same. Except maybe we’ll throw in something about the direction of interest rates; how they too, are somehow controlled by ‘climate change’. There … done.

The hard part then, is to dig into actualities.

What’s really going on.

As the systematic dismantling of the food supply infrastructure continues, prices will naturally rise. There’s plenty of documentation supporting this assessment.

The best site identified thus far, that includes supporting data is iceagefarmer.com.

Moving on to the chart:

It’s never been the same for CORN since the Drecheo of last year (highlighted below).

After the drecheo, CORN moved steadily higher. It then morphed into a trading range around mid-January this year. Then, on April 31st, there was a major breakout to the upside.

We’re now trending at above 430%, annualized.

The dashed arrow on the middle of the chart is the exact same trend. The right side arrow was just copied and moved over to the middle area.

Markets have their own characteristics.

At this point, CORN’s characteristic is to trend, rise aggressively (dashed arrow), go into a range, then break out higher again (solid arrow).

With that, we can expect at some point for CORN to go into another range … but it’s not guaranteed. Panic may set in way before that.

My frim is not trading the grains but using them as a proxy for how much time is left to prepare. At this point, it looks like time’s very short.

All we need is another mid-west (growing area) weather ‘event’ such as an unexpected freeze or persistent flood; launching corn and grains to nosebleed levels.

That would give the oligarch’s their chance to sell it as ‘climate change’.

It is, in a way:

However, they’re the ones making the climate.

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

Finally, Inflation Shows Up

Its been nearly twelve years exactly since the market bottom of March 9th, 2009.

At that time gold tracking fund GLD, was trading around 90.

Today, it’s at 167, a gain of about 85%.

Gold futures for April ’21, closed this past Friday at 1,777.4

Either way, it’s a far cry from the $10,000/oz. that has been bandied about for what seems like forever.

Prices for energy and food are rising because of reasons not discussed in the financial media.

That media is certainly not going to educate the public.

In turn, that public has shown there’re certainly not going to educate themselves. If they were awake, news channel ratings (in the link) would be at zero.

Unfortunately, this time around, the game’s up.

The ongoing collapse will decimate those who refuse to wake up and will probably take some of those who are, with them.

Which brings us to the so called inflation, at hand.

What can be said? We can call it lies, misinformation, propaganda but none of those really get to the root.

Input prices are rising not from inflation, but from supply constriction and disruption.

For example, the corporate (big-Ag) food supply chain as reported on many times, is intentionally being destroyed. The result of course, prices go higher.

We’re also in a quiet sun-cycle period that only serves to help with (cold) weather extremes. The only discussion from the media concerning the weather is that’s it’s getting warmer, right? Opposite of reality.

So we’re taking that ‘opposite of reality’ as a contrary indicator.

Whatever inflation we’ve got after nearly twelve years, is probably at or near a peak … ready to head lower.

That includes the market as well. The likely outcome:

Market down, bonds up.

The daily close of long bond TLT, has it in a support zone. One attempt has already been made to position long via TMF (not advice, not a recommendation) as detailed in this report.

Once again this past Friday, another TMF entry.

Both bonds and the markets (i.e. S&P 500) are at opposite extremes. The risk of loss in bonds may have reached its nadir.

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

What, When, & Where

This update will not contain any financial market analysis.

As the food supply noose tightens, this report shows one man’s approach to the disruptions as described by Christian at Ice Age Farmer.

MP3 file inserted below.

The photo at left was taken today in the early morning at a private garden; located in North Central Texas.

It’s been a mild day thus far at 57-degress, with a slight rain overnight.

The remining droplets of water can be seen on the cauliflower if one looks closely enough.

The brassica looks beautiful but it does not tell the whole story.

It took nearly three years to get the result shown.

Planting this type of cauliflower in Texas during the usual spring season, would later subject the burgeoning plants to a vicious attack from stinkbugs; a well established predator.

The bugs decimated the leaves and then multiplied exponentially to invade other plants in the garden as well as nearby peach trees.

After the bug attack, whatever skeletal remains of cauliflower were left, got incinerated during the Texas summer.

From the get-go, the cauliflower never had a chance.

For sure, this bug smorgasbord did attract natural predators like toads.

But after they gorged themselves on the well available supply, they were content to sit out the summer underneath some other garden plant that had been less susceptible to attack.

The corporate controlled food supply is being destroyed intentionally.

Faulty thinking like “No problem. I’ll just grown my own”, could result in starvation while still in the learning curve.

(to be continued)

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.