Natural gas vs DJI. Cheap and looks the same as the last bull market.

Crude oil vs m2 money supply ratio.

Chilling at the moment after it has broken out of a consolidation period.

Gold to M2 money supply is making progress higher. If the right market condition come (which I think they are) we could see gold really revalue itself against the money supply like the 1970's.

The chart is a double bottom on this ratio. Long way to run.

Silver to m2 money

Silver on the short term timeframe. Hitting up against some resistance. Going to break out again?

This Saturday for members of the website. I am going to walk through our next Q&A session this saturday at 7AM mountain time the real estate cycle and commodity to stock ratio and pattern recognition of technical analysis and how it all ties together.

I get a lot of questions

Drain America First

Shale gas plays have begun to decline as U.S. becomes biggest world LNG exporter
#energy #NaturalGas #shale #fintwit #oilandgas #Commodities #ONGT #natgas

Silver rallies in China as investors drive prices to decade highs, betting on increased demand.

Shanghai's yuan-priced futures surged over 6%, hitting a record 8,733 yuan per kilogram.

That's $39/oz

Number of new #Bitcoin wallets drops to lowest level since 2018. Only an avg of 275,000 addresses were added to Bitcoin network each day in the past week, compared to 625,000 6 mths ago. Bitcoin nevertheless rises by 2% in the Everything Rally to ~$67.5k. theblock.co/post/295279/nu…

2022: Selling $CCJ at $21 'because Westinghouse'
2024: Buying CCJ at $54.90 'because Westinghouse'

WEC was/is the best deal of the cycle.

looks like a rising standard of living to me

Homebuilder supercycle in one chart, as gross margins trend well above normal three years running.

A lot of debate lately on whether builder margins reset to an elevated 'new normal'. Many seem to think we're not going back to 19%-20% anytime soon.

JUST IN: The Biden administration announces it is releasing 1 million barrels of gasoline from a Northeast reserve.

These reserves were established to supplement in times of a natural disaster.

However, the Biden Administration said this is a move to lower gas prices ahead of

Suncor $SU is pushing up against major decade-plus resistance. Is it time for this Canadian integrated oil & gas company to finally break out?

It is extremely important to really understand that nothing matters but price. Absolutely nothing. You are not buying the news, opinions in interviews, the why to intraday moves, or all the selling themselves narratives. You are always only buying price.

And, in order to get

Always great to chat with Ken McElroy.

#Silver has broken the inside yearly candle of 2023 and is poised to go to $50. The long-term silver chart does not need any explanation as it is clear.

'Kazatomprom is going to make an announcement at some point in the next month about their 2025 production ability ... and that could set off another huge, chaotic move upside in uranium prices.' Leigh Goehring from Goehring & Rozencwajg on #uranium . Interview up TOMORROW, May 22.

Don't sell any of your #gold or #silver . It's easy to sell out of a bull market. The hard part is buying back in. Just sit tight and enjoy the ride. It's likely just getting started. Good things come to those who wait. We've waited a long time, so what's coming should be great.

Shanghai and global freight costs are surging again.

We just experienced one of the steepest 2-week changes in history.