Government and corporations around the world continue to accumulate unsustainable debt. Since it’s unthinkable for developed countries such as the United States to default on the obligation, the only way out of this situation is to continue to debase currencies. This environment is very supportive for Gold and Silver in coming years. Indeed, Gold has […]

ASX 200 has reached 100% in 3 swing from Oct 19 peak and can see support for 3 waves bounce at least. This article and video look at the Elliott Wave path.

AUDJPY rally is expected to find sellers in 3, 7, 11 swing for further weakness. This article and video look at the short term Elliott Wave path.

Oil is doing an expanded Flat correction before it resumes higher. This article and video look at the short term Elliott Wave path.

Gold and related Index such as Gold Miners Junior (GDXJ) maybe ready to make the next move higher. The next important catalyst in the market is the US election and the second Coronavirus relief package. Nancy Pelosi and Treasury Secretary Steven Mnuchin continue to have discussion about the size and language of the stimulus bill. […]

EURUSD shows incomplete sequence from September 25 low favoring more upside. This article and video look at the Elliott wave path.