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Why do I think #Gold, #Bitcoin 
are about to tumble? Because of my cross-market-analyses approach with >100 charts pointing to a deflationary bust AND the Elliott Wave structures for Gold, Bitcoin and USD. Let's try investigate 1) Deflationary Thesis and 2) Elliott Wave-structures
are about to tumble? Because of my cross-market-analyses approach with >100 charts pointing to a deflationary bust AND the Elliott Wave structures for Gold, Bitcoin and USD. Let's try investigate 1) Deflationary Thesis and 2) Elliott Wave-structures
The Deflationary Thesis is due to the patterns shaping up in all commodities. Commodities drive inflation. First GSCI Commodity Index - a very clear Ending Diagonal Triangle (Descending Wedge). Calls for DEFLATIONARY BUST before MAJOR SECULAR BOTTOM. http://TheZebergReport.com
#Wheat which is part of #Commodities setting direction for Inflation. Same pattern! Descending Wedge. Calls for Deflationary Bust - before Major SECULAR BOTTOM. Deflation before New Inflationary Regime! http://TheZebergReport.com
Same patterns over and over again in all #Commodities. But how can we have #DEFLATION when Fed is printing insane amounts of money? Because of VELOCITY OF MONEY. Circulation of money coming to halt due to ... well LOCKDOWNS! Velocity dropping like a stone http://TheZebergReport.com
So - deflationary Bust is very likely according to our thesis at TheZebergReport. Not for years - but likely for 2-4 months of quick developments just like in Feb-March 2020. Which assets did well during this period? Well - USD soared in few weeks! http://TheZebergReport.com
#Gold performed horrendously! #Silver ditto. This is understandable. When Deflations soars - #LIQUIDITY ( #USD) is in severe demand and shortage. Gold and Silver provide an access to liquidity - but must be SOLD to get USD. http://TheZebergReport.com
So... if we are to see another #Deflationary Bust - likely due to Lockdowns - what are we to expect of #USD, #Bitcoin , #Gold, #Silver, #Equities? 
Well - our thesis at http://TheZebergReport.com is: UP, DOWN, DOWN, DOWN, DOWN! Question is only BY HOW MUCH! http://TheZebergReport.com
, #Gold, #Silver, #Equities? Well - our thesis at http://TheZebergReport.com is: UP, DOWN, DOWN, DOWN, DOWN! Question is only BY HOW MUCH! http://TheZebergReport.com
Now - this is where we zoom into the charts for the respective assets. First #Equities - defined by #SP500. We have MAJOR Broadening Top + extreme Valuation PE-levels. Elliott Wave gives us bottom of wave 4 as target ~1800. This is a major move! http://TheZebergReport.com
Now ONLY place we have seen inflation is in assets or equities. Is it unlikely, that assets will decline strongly if #Delfation is soars? ASSET DEFLATION?! Didn't we see the prelude of this already in Feb-March - the speed? We think this is very likely at http://TheZebergReport.com
So - #equities about to drop hard during Asset Deflation! Much harder than in Feb-March according to the Broadening Top pattern. But - surely #Gold will do better during deflation than #equities which may see ~50% drop, right? http://TheZebergReport.com
No #Gold will likely follow #Equities in strong move lower as in Feb-March! This is where we turn to Elliott Wave structures. Gold has rallied higher than 2011-top. But is it still in an EXPANDED OR IRREGULAR FLAT CORRECTION STRUCTURE. Major decline ahead! http://TheZebergReport.com
But #Gold is in a major BULL MARKET (or this is what I'm told
). Well tell that to #Silver, #Miners, #Platinum etc. All these have only been CORRECTING since 2015-bottom. Ex. Silver(below)has only retraced 38.2% of 2011-15 decline. Gold is only one above. http://TheZebergReport.com
). Well tell that to #Silver, #Miners, #Platinum etc. All these have only been CORRECTING since 2015-bottom. Ex. Silver(below)has only retraced 38.2% of 2011-15 decline. Gold is only one above. http://TheZebergReport.com
Also - observe MAJOR Topping Patterns shaping up in both #Gold and #Silver. Are you really sure....that illiquid Asset Deflation cannot bring Gold and Silver down hard? We think it will at http://TheZebergReport.com
But #Bitcoin will do better. Will not be affected to same degree by deflation and it has disconnected from #Gold? Sorry - but this is gibberish!! Bitcoin dropped ~63% in a matter of WEEKS during first Deflation phase in Feb-March. NO REASON TO BELIEVE ANYTHING DIFFERENT THIS TIME
will do better. Will not be affected to same degree by deflation and it has disconnected from #Gold? Sorry - but this is gibberish!! Bitcoin dropped ~63% in a matter of WEEKS during first Deflation phase in Feb-March. NO REASON TO BELIEVE ANYTHING DIFFERENT THIS TIME
Remember the EW-structures? We are currently seeing final phases of either REGULAR, IRREGULAR OR RUNNING FLAT develop in #Bitcoin . #Lumber and #Rice (below) have provided the path for what we will see in Bitcoin as wave B is in. Strong decline! http://TheZebergReport.com
. #Lumber and #Rice (below) have provided the path for what we will see in Bitcoin as wave B is in. Strong decline! http://TheZebergReport.com
Really..... a strong decline in #Bitcoin during an ASSET DEFLATION event? Who would think so...? When it dropped ~63% during Asset Deflation in Feb-March 2020. How can "We expect Bitcoin to rally" to be the correct expectation?
during an ASSET DEFLATION event? Who would think so...? When it dropped ~63% during Asset Deflation in Feb-March 2020. How can "We expect Bitcoin to rally" to be the correct expectation?
So - back to beginning! 1) Why DEFLATION? Because of the structures in ALL Commodity charts! 2) Why #Equities, #Gold, #Silver, #Bitcoin down? Because that is what they do during Asset Deflation. AND THIS ASSET DEFLATION EVENT WILL BE THE BIG ONE! http://TheZebergReport.com
down? Because that is what they do during Asset Deflation. AND THIS ASSET DEFLATION EVENT WILL BE THE BIG ONE! http://TheZebergReport.com
