printpdfimage

Gold Seasonals and T Theory Cycle Review
Created on: 6/17/2021 4:03:44 PM   Last Update: 6/17/2021 10:51:35 PM Posted by: RTT

gold-seasonals-and-t-theory-cycle-reviewGold tends to slump at the start of the US summer, and will Basel 3 make a difference this year?

Basel 3 has removed a large chuck of paper shorts off the LBMA, of course this is for the banks only, the hedge funds can continue to suppress gold with paper shorts. The true effect of Basel 3 may not be known for some month. 


A typical pattern in the metals is a smash down just before a major rally, consider this:


POINT 1: IRD recent post did say this

..."I’m wondering if the entire 'Kabuki Theatre' production is being staged to torpedo the price of gold derivatives and thereby help the bullion banks cover a large portion of their unallocated gold liabilities (gold derivatives) ahead of the implementation of the Net Stability Funding Ratio provision of Basel 3."...



POINT 2: Gold & Silver Smashed On False Narratives, Fed's Balance Sheet Up By $112 Billion In Only A Week!





The video highlights seasonal patterns and some fixed period cycles of interest. 






Chart in Video

Gold





Divider




NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.

Changes in the world is the source of all market moves, to catch and ride the change we believe a combination of Gann Angles, Cycles, Wyckoff and Ney logic is the best way to ride the change, after all these methods have been used successfully for 70+ years. This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.


NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

..“What beat me was not having the brains enough to stick to my own game – that is, to play the market only when I was satisfied that precedents favored my play.”..

Jesse Livermore


After a question on how to become a better investor professional Mr Munger responded, ..“Read history, read history, read history."..

Charlie Munger

.."October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February."..

Mark Twain


.."Money can't buy you happiness but it does bring you a more pleasant form of misery"..

Spike Milligan


In the short run, the market is a voting machine, but in the long run it is a weighing machine.

Benjamin Graham




© Copyright 2022     www.readtheticker.com (or 'RTT')


Source URL: https://www.readtheticker.com/Pages/Blog1.aspx?65tf=4247_gold-seasonals-and-t-theory-cycle-review-2021-06

Public Disclaimer