Volatility – Cancer Full Moon – this intense Full Moon hits on December 26th and provides the completion of some important cycle. It can also lead to some intense weather patterns emerging over these next months with heavy snow in unexpected areas and NONE where it should be. This winter will be wild with lots of unexpected weather taking place.
The Stock Market is still pushing to new all time highs and HIGHER. It can get something of a pullback and then it will push even higher – just like Crypto. The big breakdown, blow up, explosive crash is not going to happen yet, we have a few more big moves FIRST. So be ready, but also prepared to take out the profits at the peak.
Here’s this week’s video: Volatility – Cancer Full Moon
Gold and Silver – Precious Metals are in about the same state as last week. Our BIG moves on PM’s won’t happen until those events that unravel the stock market and crash the dollar are underway, and even then we will get some backwards moves before our full breakout starts.
GOLD SILVER RATIO – I have been telling you for months that we would see over 100 to 1 on the Gold Silver ratio. We are heading in that direction now because Silver dropped a lot faster than Gold today and the ratio is up over 86 to 1. As I’ve said before, once we cross that 90 to 1 threshold I will trade my own Gold in for Silver and get over 90 oz of Silver for that 1 oz of Gold. I am not going to be greedy and wait for 100-1 even though I do expect it to happen. It’s also possible that as I am heading over to the coin shop at the 90 – 1 ratio it can continue to drop and I can catch it closer to 100. Either way I will be very happy with the exchange.
People who expect to always hit the tops and bottoms of every price swing always wind up getting themselves slaughtered. It’s a good idea to remember the age old trading wisdom: Bulls make money, Bears make money but Pigs get slaughtered. This means that those who have a strategy to make money on the way UP profit. those who have a strategy to make money on the way DOWN also profit but those who are looking for the MOST EXTREME edges of both directions wind up losing big.
BTC – This week we either continue sideways for a few days before we drop OR we get a decent upward push before we drop. Either way we do have a drop coming and there are NEW HIGHER PRICES incoming for BTC over these next few weeks. So this is neither the peak nor a low in the market. I expect to see a pretty good further move up from here.
ALTS – Some are doing pretty well. This is to be expected when BTC hangs out in a sideways pattern for a while because the ALTs have cash sloshing into them during this time. This is why I purchased a few things last week with the small amount of cash I still had on the side in this market. Even if we get a bit of a pullback this won’t hurt me and I am holding these for shorter term trades. We can still get a last chance to buy things on a pullback this week.
BTC Chart:
