Fake Internet Money & Real Money
April 9, 2024
I think we ultimately do get "Real" breakouts in the Funny Money above.
But they're definitely still stuck below those 2021 highs.
When you start to see them go on an absolute basis, my suspicion is that they will break out relative to Gold as well.
That will be a big signal.
Gold keeps breaking out relative to almost everything else.
So if BTC and ETH and make new all-time highs priced in Gold, that would be really impressive.
In the meantime, we're sticking with the yellow metal.
Click here to get my short-term targets for Gold & Silver.
Also See:
Trend Following - Energy Edition