https://thegoldandoilguy.com/wp-content/uploads/2019/08/121.png 470 850 admin http://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.png admin2019-08-10 01:04:352019-08-10 01:04:35Part II – Metals and VIX Are About To Pull A “Crazy Ivan”
Part II – Metals and VIX Are About To Pull A “Crazy Ivan”
In the first part of this multi-part research post, we highlighted what we are calling a Crazy Ivan price event (borrowed from the movie Red October – (source). The one thing we want you to take away from this article is that August 19, 2019, should be a major price inflection date where the price is very likely to begin a new downside price trend in the US and global stock markets. This will likely push commodity prices to extremes and may very well push Gold and Silver into the stratosphere as fear and greed take hold across the planet. Part I we highlighted how the VIX and the NQ are set up to react to this Crazy Ivan pricing event and how we believe many traders/investors are simply unaware of the potential for this type of large reversion price move. We want to be clear, we believe the US markets will be somewhat immune from extended downside risks. This does not mean there won’t be a downside price move and this does not mean that the markets won’t experience the Crazy Ivan reversion trend. It will likely happen just as we are expecting, yet we believe the US stock markets will quickly recover from this move – like it has done many times in the past. Our research that highlighted this August 19, 2019 date and the potential for what we are calling the Crazy Ivan price move is rooted in our super-cycle analysis, predictive modeling tools, and other specialized proprietary price modeling solutions and utilities. We believe we’ve identified a key inflection point/date that will start what we are calling a “breakdown move” which will lead to the Crazy Ivan event throughout the globe. As we stated in the first part of this article – we don’t know the exact composition of this event yet, but we do know that is should begin to happen near or after August 19, 2019. Now, let’s get busy digging into the Gold and Silver charts for all our followers.