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Palisades Gold Radio: Charts Point to the Endgame for the Dollar (w/ Kevin Wadsworth and Patrick Karim)

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Palisades Gold Radio
Mar 15, 2022

Tom welcomes back the dynamic charting duo Kevin Wadsworth and Patrick Karim. They highlight some rather alarming charts while making market forecasts that are quite concerning.

Kevin discusses the breakout in European electrical prices and natural gas. He believes this is a clear indication that hyperinflation has begun. The U.K. has had a four hundred percent move in electrical prices, which is unprecedented. We see the same thing with natural gas. If you calculate from the March 2020 region, we are up 4600 percent and 320 percent above the previous all-time high. The charts have been hinting for some time that something bad was occurring.

The U.S. and German PPI indexes along with oil are reflecting a paradigm shift in global markets. All fiat currencies are trending towards zero.

Kevin looks at the dollar index and shows us why he expects a rather sharp decline from here. The seven-year rate of change for the dollar looks very bearish and maybe a better indicator than price alone. They believe the dollar index is now due for a sharp decline. The inflation-adjusted dollar chart shows a steady decline following a long-term trend channel.

Be prepared, when the dollar declines and most investors realize it, you will want to be ready for the big move in metals.

Commodity currencies like the Australian dollar appear poised for a breakout versus the US Dollar.

The miners appear to be out of a rough patch and now we’re heading toward a final breakout line. Now is an excellent time to be buying silver to protect your purchasing power. Anyone making minimal wages is losing purchasing power rapidly.

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Patrick shows several charts including a possible road map for gold. It appears that it was about to break into a new seven-year-long bull phase. Take the big picture view and consider buying into weakness.

Lastly, they discuss silver and where the rate of change indicates we could reach the coming bull market.

https://www.youtube.com/watch?v=cqzCdGIY9w0

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