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
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. 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! 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 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! 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. TheZebergReport.com
#Stocks #Equties same. Horrendous performance! TheZebergReport.com
#Bitcoin performed horrendously! 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 TheZebergReport.com is: UP, DOWN, DOWN, DOWN, DOWN! Question is only BY HOW MUCH! 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! 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 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? 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! 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. 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 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
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! 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?
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! TheZebergReport.com
Stay tuned at TheZebergReport.com. Every week, we follow up on where we are in this major event. At bottom of Deflationary Bust, some FANTASTIC Buying Opportunities will present themselves! We will get subscribers on right side of DEFLATION - before new INFLATIONARY REGIME
That is all from this update! If you like these updates - then try out our subscription at TheZebergReport.com. You will be able to ask questions on the Live Show - and we will identify some FANTASTIC trades as #Deflation unfolds! Have a great Sunday!
#Bitcoin Bulls hope USD #DXY does not strengthen! Weaker USD - stronger Bitcoin. Stronger USD - weaker Bitcoin. Soaring USD - Crashing Bitcoin! USD to strengthen during Deflationary Bust! TheZebergReport.com

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More from @HenrikZeberg

24 Aug
Dear all. Please read following: My friend @officialwazzan is looking for software developers to join his startup pofty.com
👉 an ecosystem for labour and services, serving every professional and every profession (the legal ones of 😁)
....Thread 👇👉
👉Ecosystem for physical and virtual labour and services
👉 All professions, not just an area or a niche
👉For the wide use, no boring categories or questionnaires just down to the point
👉Searching for senior developers for equity in return
👉Developers who are experienced with:
Swift(IOS), MySQL(or other DBs), Ruby on Rails, Python Flask, Java, Good with API, Mentality of a founder
Read 4 tweets
9 May
These are the "events" we experience during Kondratiev's Winter. We have seen some of these but they will play out a range of times. First in 2000-03, then worse during 2007-09 and now the big one 2020-23(?). Some major dominoes are about to fall - before we reach end of Winter
Major events still to be seen (apart from rest which will be repeated and become much worse than before!): 1) Pension fund crisis 2) Run from paper money 3) War (hope not!) 4) Debt resolution (Monetary Reset?). We are NO where near end of this major crisis, which ends K's Winter
My LT #Copper chart tells me, that we may very well see the crisis (with various phases) continue until end-21 or beginning of '22. That is for the bottom in the economic activity which means, that repercussions may be felt way into 2023-25. No where near the end of this crisis!
Read 19 tweets
30 Apr
Some investors, analysts seem to think, that #Equity Bear Market is over and we will rally to ATH. Imo this is naive taking the severe blow to economy into consideration - and the size of the equity bubble which has burst. Some comparisons to earlier Bear Markets provide heads-up
First, Bear Market 2000-02. Rather mild recession due to burst of IT-bubble (somewhat confined) despite extreme Market Cap. to GDP of ~141%. Monetary stimulus had effect as Fed Funds rate >6% at entry of crisis. Still Bear Market for ~638 days and decline of ~50% before bottom
Second, Great Recession 2007-09. Strong recession. Close to Financial World collapse driven by Housing bubble bust. Market Cap. to GDP only at 109%. Monetary stimulus opp. were stretched - QE was introduced. Yet Bear Market for ~517 days with a ~57% decline in stock market value.
Read 6 tweets
25 Apr
This is a MASSIVELY Bearish pattern. No question about it! #Gold can rally higher from here (yellow) or it can break from here. But there is nothing Bullish about this. And the speed by which this will be resolved.... whoa!! The resolve is for entire correctional move since 2015!
And we have this for US 10 yr. Bullish C wave coming!
And we have this MASSIVE Bear Flag (wave IV) since 2015 on GDX. Gold will crash!
Read 4 tweets
24 Apr
Dear all. I will soon launch my website and Macro & Market services. Stay tuned! 🙂As part of the launch, I will arrange a get-together with everybody who wants to join in person. I will do a presentation and we can exchange ideas over lunch and a beer. Free entrance! #HZupdates
It will take place in HAMBURG at my friend @KlitgaardEgon's hotel in Hamburg. egonhotel.com/en/ Of course we need to get to other side of #coronavirus. Hence, I cannot be specific about the dates yet. But - we will do 3-4 sessions, or more if needed.
Free entrance! 👍 All you need to do, is to book a room (voucher) at @KlitgaardEgon's hotel in Hamburg. Please write in reservation, that you want to participate in the session with Henrik Zeberg. egonhotel.com/en/ Hope I will see you there for a chat and a beer!!
Read 4 tweets
23 Apr
French PMI - Ouch!!
#EUR does not like it either. Crash could set in from here!
German PMI - Ouch!!
Read 4 tweets

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