Share this page!

Gold Ventures Profile picture
Twitter logo
25 Sep, 4 tweets, 1 min read
$GSR Gold to Silver fibonacci madness

three legs down - every leg had a clear retrace to 0.382 (last had a spike to 0.5) - we are ready Image
$GSR Gold to Silver fibonacci madness

structure is valid to spot bottoms

unfortunately measuring the extensions to find tops upfront i find nothing. Image
$GSR top spotter March-August PM leg
ultimate targets where defined by the first 1-2 down Image
If this structure repeats we could nail the top to the tick.

If...

We can measure soon.

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Gold Ventures

Gold Ventures Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @TheLastDegree

Gold Ventures Profile picture
25 Oct
for new followers, we are looking at 2.5 years of big compounding % in #gold #silver stocks, mostly in the juniors

since April 2019, we made 400% in the first 2 violent upwaves (sept 2019 & july 2020)

(1)
we started goldventures.org which outlines are our leveraged & leveraged PF in detail, no investment advice

currently long "movable" assets

8.6Million in 60 junior positions (90% silver, 10% gold)
1.2Million in leaps on Silver majors

(2)
and physical, now 85% silver (1000 kilo) and 15% gold

no uranium, no copper, no wheat, no BTC

while all commodities and crypto's will do great, we focus on monetary metals for 100%

(3)
Read 5 tweets
Gold Ventures Profile picture
29 Sep
what's coming (1)
The last few months, we broke ath’s.

We saw some press articles popping on SI & GC, also in very mainstream papers.

We got first awareness.

on Belgium public national radio: you lost 13% on savings accounts over 10Y

reactions: the move is probably done
what's coming (2) When silver breaks 30 next, and gold goes beyond ath’s:

FOMO will kick in on a very different level.

Momentum will mount to another scale. wave 5 scale, which is still missing and the only reason I have my seat early

I am expecting a major first top coming
what's coming (3)

after this 2 year run, bigger than we might imagine.

Most expect a longer consolidation, but expect it fast & not so orderly.
It’s doesn’t matter, I am positioned for both.

made 400% in the last 15months, expecting the same next but in HALF the time
Read 5 tweets
Gold Ventures Profile picture
12 Sep
THE chart of the WE (1)

if we are heading for high inflation due to monetary policy, without economic growth, we should dig deeper on the $gold cycles of the 70ties.

and not, what most analysts are doing, expecting the same cycle behaviour of the 2001-2011 bull market
THE chart of the WE (2)

during the 2001-2011, we had clear +-6 month intermediate cycles. (@badcharts) showed it in a podcast 9 months ago. 3-5 monthly white candles followed by 1-3 red candles, repeating forever.

or 12-20 upweeks, 4-12 downweeks.
THE chart of the WE (3)

Now look at this. #gold trading behaviour during 1976-1980

4 years long, we NEVER exceeded 8 correction weeks.
that's massive.
don't get left behind guys😉

retweet this log chart.
Read 5 tweets
Gold Ventures Profile picture
23 Aug
Tradeplan/Bias: PM are hugely bullish, currently in consolidation/correction mode.

My main models are starting to 'line up'.

i have been sleepless last few days putting all variables into a tradeplan that covers different scenario's.
Any drop to $GDX 37-39 would cover my hedges. (all together)

i see a 90% probabilty we get further corrective action, only the path (direct, fast) or pennant (longer fustrating) is very troubled.

(2)
My preferred scenario would be a fast drop scenario, with a flat month after and a soft retest on lower volatility. That would align all methods.

Correction in price directly, correction in time after.
Metals could trade slightly lower, while miners find bottoms next 1-2 weeks
Read 8 tweets
Gold Ventures Profile picture
20 Aug
on my next leveraged long (thread)

i will be focussing on #silver and #silver majors miners - going all-in with call options (no spreads, i need unlimited upside)

timeframe to get in: within 2-7 weeks
#silver just had an EW wave 3.

after this correction, we should get the most powerfull advance, a wave 5. These can take very long, as they subdivide in another 5 waves

conclusion: around 40% in SLV calls
next #silver targets will depend on this correction and can be set after we have a low in place (evolving dynamics)

if we take 21 (also retest of the 2016 highs) for now to work with, my targets are $42 to $55
Read 8 tweets
Gold Ventures Profile picture
5 Aug
How to trade this #gold bull market the coming years.
(thread)

6month’s old bull, it’s KEY to look back if any assumptions into how to trade this $silver $gold bull market can be adjusted & improved, as we just have the 1st inning of a lifechanging event.
Some key takeaways. In April, I made the assumption volatility in the biggest monetary debasement since WOII would be the hardest thing to handle from a trade execution part:



Which makes option trading far less interesting than holding penny stocks.
So 1st big conclusion: we went 90% all-in on junior penny stocks, kept only 10% in options;

Juniors are lifetime options without timevalue.

Avoid majors and midtiers for maximum upside, BUT spread out to a lot of positions.

Results are extreme, yesterday another 9.27%
Read 8 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

Like this author's thread?

Get email notifications when new thread is out from this Author!

Check out other threads from this Author!

Read all threads by @TheLastDegree