Setup I'm watching. It can't get more reliably bullish. As long as over $270, this is the blueprint. Timing is an estimate and not to be relied upon. Price targets can change based on the structure of the smaller moves.

So close....

Boom! Glad I bought calls yesterday

Like trying to push a beach ball underwater. Eventually, you just have to get out of the way and let it explode.

Importnat note here. This blast off is possibly the beginning the 5th wave in metals. 5th waves in metals are usually the strongest and can get very extended, but they usually either precede a major market selloff, or they happen after the first leg of the selloff has started. I need to see a little more breakaway juice in metals to confirm, but if it does, I will be turning extremely cautious on equities while preparing my sell targets for all of my metals trading positions, as the 5th wave ending in metals is almost always followed by an even stronger reversal.

Hell yeah. Well done man.

$3,000 gold tomorrow. Calling my shot.

Gold has been widening that lead it has against the S&P (since 2000) very nicely as of late.

In first at actual $3,000.

My precious metals "savings account" is looking pretty nice.

Last week, both the US House and Senate put forth something called "The Bitcoin Act".
The Act proposes that the US acquire 1,000,000 BTC over the next five years. How and with what funds?
Buried in the bill is the wording that you see below.
Is this why gold has been rushing… pic.twitter.com/tIgQudFp0M

— TF Metals Report (@TFMetals) March 15, 2025

https://www.lummis.senate.gov/wp-content/uploads/BITCOIN-Act-FINAL.pdf

So they will revalue the gold and monetize it. Then use the money to buy bitcoin?

Fitch said:

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Last week, both the US House and Senate put forth something called "The Bitcoin Act".
The Act proposes that the US acquire 1,000,000 BTC over the next five years. How and with what funds?
Buried in the bill is the wording that you see below.
Is this why gold has been rushing… pic.twitter.com/tIgQudFp0M

— TF Metals Report (@TFMetals) March 15, 2025

https://www.lummis.senate.gov/wp-content/uploads/BITCOIN-Act-FINAL.pdf

---

CNBC blames Trump tariffs. Poster blames something else. The reason gold is rising is because we've been printing fake money for 20 years.

General Jack D. Ripper said:

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Fitch said:

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Last week, both the US House and Senate put forth something called "The Bitcoin Act".
The Act proposes that the US acquire 1,000,000 BTC over the next five years. How and with what funds?
Buried in the bill is the wording that you see below.
Is this why gold has been rushing… pic.twitter.com/tIgQudFp0M

— TF Metals Report (@TFMetals) March 15, 2025

https://www.lummis.senate.gov/wp-content/uploads/BITCOIN-Act-FINAL.pdf

---

CNBC blames Trump tariffs. Poster blames something else. The reason gold is rising is because we've been printing fake money for 20 years.

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Gold hasn't become more or less productive.

What has happened, is the dollar has lost value significantly over time as far as its purchasing power, and continues to do so.

Nothing is more evident of this than comparing SPX to gold, the longest running store of value in the history of the world. Both have risen exponentially as far back as you can view on a chart.

Since 2000, gold has vastly outperformed the S&P500. 881% vs 568%. It's not even close. And yes, that's with dividends reinvested into the S&P.



buyupside.com/alphavantagelive/stockreturncalccomparegoldstockscomputeav.php?symbol1=spy&start_month=01&start_year=2000&end_month=02&end_year=2025&submit=Calculate+Returns

Some will say "derp derp you picked the point before a major top in the S&P derp"

Yes I did. And that's the point. Understanding when risk assets are overvalued and pivoting to safety IS THE ENTIRE POINT. And at this point in time, had you not pivoted back, even at the bottom of the GFC, you would STILL be far far better off with all of your wealth in gold.

And even if you had pivoted back to equities when they bottomed during the GFC, gold has outperformed the S&P 52% to 38% since Jan 2022 when it became evident that inflation was going to wreck things, and that's during one of the most remarkable unrelenting 2 year bull runs in decades for equities.

buyupside.com/alphavantagelive/stockreturncalccomparegoldstockscomputeav.php?symbol1=spy&start_month=01&start_year=2022&end_month=02&end_year=2025&submit=Calculate+Returns

And despite all of that, the only reason the values of both have risen so much, is because of the loss of purchasing power of the dollar. As mentioned in the post I quoted, this is BECAUSE of debt. But as we have now entered the period where borrowing to pay back the interest on the debt is a greater % of our deficit than the actual budget items that make up the deficit, this outperformance for gold is going to continue to expand.

But at some point, and its not an if but a when, we WILL enter a period of deleveraging. Whether its brought on manually through austerity or involuntarily through ALL OF THE BUBBLES naturally bursting, every single thing that is valued in dollars, including gold, is going to drop in price spectacularly. And it will likely happen over 1-2 decades before the economy bottoms, restructures, and begins the next multi-decade period of levering up again.

Most people don't think this can happen because it hasn't happened in their lifetime. They have no ability to understand the mechanics of the real, long-term economic cycles throughout history and civilizations. They have been gaslighted to believe that since MMT and central bank manipulation of the economy is all that has existed since any of us has been alive, that it will always be that way forever and ever. And they will ultimately suffer for that ignorance.

The current economic cycle started at the bottom of the great depression in 1932 with the first phase ending in 1937. The middle phase wasn't even getting going until 1950. And people think that de-risking during the final phase, which began in 2009, is a laughable position. It's been 16 years, less time than it took for the acceleration of this 100 year bull market to even truly get going. And the de-risking position has built more wealth than the "remain in the market forever" position.

Whether its ending now or still has years left doesn't matter. Smart people realize warning signs when they see them. COVID was the first. Mass social unrest was the 2nd. Bond yields bottoming and strongly reversing upward was the 3rd. Wars breaking out between major historical powers is the 4th. Gold vastly outperforming equities not only for 25 years, but for the last 2 was the 5th.

The last time we saw many of these triggers within a short period was the late 60's. Money was mostly unproductive in equity markets following that, in a DCA type of position, until Reagan in the mid 80's.

People that are DCA'ing into the S&P might find some success still. But they are ultimately going to get wrecked. And it will be decades before their money is even at breakeven, maybe longer once this event starts. People in gold will lose dollar denominated value, but less so than risk assets. This is because as i stated earlier, gold happens to be valued in dollars. A deleveraging would see the purchasing value of the dollar rise consistently for the first time in decades while everything valued in dollars falls against it. But gold is a hard asset. It will fall in the same relationship as it rose. It ultimately will be fairly priced minus some overextensions of sentiment and some supply and demand relationships in short term moves. Equities on the other hand will crash far more due to the productive capabilities of the companies dropping, the leverage in the system that has helped overvalue them being sucked out, and many possibly going bankrupt.

Your wealth won't go away in gold. It might not show as much of a gain on paper is it has the last 25 years, but if you were to convert it back to cash in a couple decades after this event concluded, that cash would have the same or likely more purchasing power than the point you originally converted it to gold. But it's wise to understand when you bought the gold. It's likely that any cash invested in gold in the last 5 years will be worth less in cash purchasing power should you hold it through the crash. During a deleveraging, cash is king, as long as its in a safe place. And that is to say, assuming its still around on the other side.

See my post above. Am I understanding what that is talking about correctly?

Yukon Cornelius said:

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So they will revalue the gold and monetize it. Then use the money to buy bitcoin?

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I have no idea.

BTC following the Nasdaq trajectory over time shows that it acts like a risk asset and not a hedge or wealth protection. I think it would be a costly mistake at this point in BTC's cycle, and this from someone that thinks it's going to $125k-$130k. Because I think it falls after that, like equities, by as much as 80%. Long-term I'm bullish bitcoin. But global leverage unwinding would force mass exits from BTC, not mass entries, as institutional positions would need to be unwound to cover losses elsewhere. And that would likely cause a mass panic and shakeout. But that's just a narrative that I'm willing to be wrong about at this point which is why I will keep a small exposure to BTC.

Yukon Cornelius said:

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So they will revalue the gold and monetize it. Then use the money to buy bitcoin?

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Possibly, but marking the balance sheet price of gold to current market would generate $774B in funds (they could always mark higher).

We already hold ~200,000 bitcoin. To get to 1,000,000 would mean +800,000 or about $68B in current pricing. That would leave $706B unspent.

Ya but that's what the bill was describing doing right or am I misreading it?

The bill states that as a means to offset the cost of acquiring the bitcoin, in addition to using other funds from the Fed banks, but as I'm pointing out goes well beyond given the potential scale. It's a back door way to justify the mark to market, buried in a bitcoin bill to give air cover.

Interesting. Keeps tracking to that video you shared a month ago

Boomers selling their gold for $3,000 after buying it in 1969 for 7 raspberries pic.twitter.com/NlA78hTFuQ

— Not Jerome Powell (@alifarhat79) March 15, 2025

What yalls thoughts on gold ETFs?

ETFs are paper gold. I buy physical gold to get away from paper.

If you want to trade ETFs, totally understandable. I just wouldn't buy them and hold them and think its an easy way to get *all* the benefits of holding physical, because they're not the same.

Yukon Cornelius said:

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What yalls thoughts on gold ETFs?

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Trade them only. Get out before the major tops. Paying a fee to hold a bag of a falling fund is the definition of idiocy.

Where you see gold topping at

Yukon Cornelius said:

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Where you see gold topping at

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Hard to tell. Gold typically extends the most in its 5th wave. It's been doing that since October 2022. How high it extends is anyone's guess. But $3k was a milestone. Maybe it gets to $3.5k this year. Right now resistsnce is $3,015 area. Above that, $3,080. It's pretty much at the point where it can top at anytime. But it usually doesn't happen until a final blowoff type of move. The alarm bell goes off for me when the gold to silver ratio falls below 70. And if the ratio spikes down under 40, you usually have a week to a month before gold comes crashing down.

https://www.cmegroup.com/notices/clearing/2025/03/25-098.html

Why CME delisting gold futures from London?

Yukon Cornelius said:

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https://www.cmegroup.com/notices/clearing/2025/03/25-098.html

Why CME delisting gold futures from London?

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Maybe a rules change?

Pumping

Any opinions on Palladium right now?.. Think it could go much lower?

It's an interesting chart. It was trading at $3k just recently... Currently below $1k

The fact that gold (Tier 1) and copper (Industrial) are up but, silver lagging is very, very telling.

Why do they hate silver so much?

According WS Silver, it's manipulated by the banks.

TTUArmy said:

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The fact that gold (Tier 1) and copper (Industrial) are up but, silver lagging is very, very telling.

Why do they hate silver so much?

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Not so sure about that. Ballpark, gold is up 38 percent and silver 35 percent since March 20, 2024 per my google price search.

3,050 gold just sounds much higher than 33.70 silver but percentage-wise it's comparable. Tracking the gold/ silver ratio over different time periods is interesting but the same is true about a bunch of different commodity ratios like fed cattle/ corn or corn/ beans, metals/ metals, etc. There are different uses for different metals for sure.

Trump signs XO for critical minerals

Mine baby, mine??

Need to start taking a closer look at mining stocks.

Mas89 said:

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TTUArmy said:

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The fact that gold (Tier 1) and copper (Industrial) are up but, silver lagging is very, very telling.

Why do they hate silver so much?

---

Not so sure about that. Ballpark, gold is up 38 percent and silver 35 percent since March 20, 2024 per my google price search.

3,050 gold just sounds much higher than 33.70 silver but percentage-wise it's comparable. Tracking the gold/ silver ratio over different time periods is interesting but the same is true about a bunch of different commodity ratios like fed cattle/ corn or corn/ beans, metals/ metals, etc. There are different uses for different metals for sure.

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Currently, silver is mined out of the ground at an 8:1 "silver-to-gold" ratio. The old standard of 16:1 no longer applies. The SLV and GLD paper markets are a dangerous, insidious fraud to all of humanity. I hope I live long enough to see paper markets fail spectacularly and the precious metals prominence restored as money. In general, I view fiat and ever increasing inflation as f-ing slavery.

We've all been warped into thinking, if we grind away for an 8-12 percent return in markets for 40 years, we will stay ahead of inflation and retire comfortably. Nah... As we enter retirement, we see retirements consistently chipped away at by government's poor fiscal policy, the Fed's poor monetary policy, causing many who worked hard and made sound money decisions -based in fiat- have to return to the workforce in their twilight years, simply because they chose middle of the road investments. The one's who saved little to nothing for retirement are in a worse predicament.

I don't know how others look at our fiat dollar. As gold rises in value, I see my dollar purchase power continue to erode. The only end to all of this is fiat returning to it's intrinsic value...which is zero. Which means, all the fiat we invested in stocks, bonds, CDs, etc @ 8%+ return for retirement will eventually go up in smoke. There will be a lot of passion to fix this mess, to keep the con going, but eventually, mathematically, it will end...and lot's of people will be hurt in the process.

Any suggestions?