 Let's get over to our M. Mr. Tim or as we do every Tuesday and Thursday and don't forget folks You can reach Tim every trading day at odd or D hyphen Oracle or CLE.com. That's odd hyphen oracle.com Tim or what's going on brother? Well, we can we can start with the f&p's or we're gonna start with gold. I'm good wherever you want to go man Let's look at gold because I think something's happening here. Okay, cool I think on the bigger time frames is this kind of everything's kind of lining up so we'll just look through it Okay, I'll chart number one is the Yeah, it's a weekly inflation deflation ratio And so I put a ratio on it then I put an RSI on it, which is the top window Okay, and anyhow with when that inflation deflation ratio, which is the second window down from the top the top one RSI for that ratio and yeah, when we get down below 30 and turns up it's been a bottom and this chart goes back to 2015 or something 16 but yeah, that's I have red circles on the chart the bottom windows gdx next window up is XAU yeah, we want to point out here. We did give a bicycle. I think back in I Think was March probably mid-March. I don't have the exact date Bring out the RSI got down below 30 and turned up. So that's a bicycle But what I want to point out I have some let's look at XAU first which is okay I got a window up from the bottom. Yes, and I got kind of bold circles there. I see that yep the bold one Yep, right I really want to point that out because pretty much that made a double bottom When the signal is generated I see yes You got a bi-signal that market didn't do anything then you got another one then finally the market I mean you're looking at these folks. You'll see Tim bolder that those circles much bigger. Yeah, cool, man I got I got it soon. Yeah, great. Well, you know on on XAU that was proxmy There's a double buy about six months apart or four or five months apart. Okay, but it came pretty close the same price Now if you go into 2000 18 and 19 the next bold circle there you kind of same thing happened. You got a bicycle pretty close to same levels Yes, and a little bit lower over the second bicycle a little bit higher We're pretty close the same level and again you go in the current time frame We got a bicycle back. I think was like October and you got another in March about six months apart again And pretty much came at the same price again, right? And if you look at the prices, okay So that's like double bottoms there and the one off its 16th low that was a mega rally I mean it took off and never looked back right it didn't last real long went for you know Good six months or something and the one in 2018 2019 the kind of double bottom there at same price That will rally lasted you know close to You know a year and a half two years So now you got another double buy pretty much the same price level So either You know we don't have enough You know if we had 20 different examples, we don't really have three examples But you know either we're gonna rock it keep going up like we do in 2016 or it's going to be extended rally Something similar to what happened in 2019, you know, you know just an observation either way We're at a bicycle So I'm just trying to get conclusions going forward how big this rally is going to be yes So this is just a hint of what could happen. It's not saying it's going to happen So let's look on further here and you know, we also have I mean when you really dig into this folks What you're gonna see and this rally here Tim. We've had many more signs of strength. I Got the charts up. Yeah, I just remember that that market I mean it was that was almost a stealth one the one, you know, the the one prior to this one Actually, which is kind of wild. Yeah, okay. Go ahead. I'm sorry All right, it's a flip to chart We're gonna pump. Yeah. Yeah, flip to chart four. Okay You know, this is just cycles for gold gold's really pretty good at cycling. Okay, and anyhow, I got a I got a 16 year and eight year cycle So I could took it back further. It's a little bit messy that the software I used to do right Ideally here, but anyhow, give a major set Bicycle when both the AD and the eight year and 16 year bottom back in in 2016 and Then market went up and now we got the eight year bottom here just in Looks like late 2023 and so that this is on gold. Yes, so we're in that cycle and And I got some blue circles on there on the cycle to identify the mid cycle of the eight year cycle, so I got blue circles on there Yeah, so anyhow, the the eight year cycle Now there's four years later it peaked on the eight year cycle. That's that blue circle I got back in 2012. Okay. I see it. Yes. Am I okay? Then then 2020 there's a blue circle again. Yeah, that's a halfway point of the red circle the eight year cycle Right, you know, if this thing goes another four years, it'll be August 2027 We go another four years man That's gonna be fun So, yeah, but they peek out at the half cycle of the red the eight year cycle. Okay, so I want to point that out. That's the possibility So because I'm thinking we're doing something on the bigger time frames here not the smaller time frame No, you can see it. You can see it in the whole commodity complex actually which is pretty wild. I mean, you know This is you know, you know, this market's been terrible. Yeah for you know For a while now and so we're needing something other than terrible Yeah So yeah, I've got a short to okay skipping over here, but and this is where we are right now, you know, the Second window down from the top is a bullish percent index for the gold miners index And I don't know how many stocks are in that but anyhow what it majors is Percent of stocks is it that the music coming up? That's all right. Just stay right there folks Tim and I are gonna be coming right back. We have the Dow industrials right now trading Down 76 Nasdaq's up 14 S&P's are off six Tim and I come right back folks Welcome back folks that Tim or Tom over and we do appreciate the growl and a problem with us out there And you know Tim when you were saying that, you know, you feel like like something's happening with gold It is pretty amazing. I mean In the last two months the physical contract is up 15% I mean the equities are up beyond belief So it's pretty wild that we have something like this right now and That a very it may be the beginning of the move, right? Yeah, I'm thinking yeah, I think we're we're still early in the move. I can as we go along Actually, it's flip to chart three. No, I know because I'm keeping track of your that that monthly One that that we don't have that signal yet. This is really cool folks. If you've been following Tim and myself, I mean You know this monthly one is a monster and it hasn't hit yet. So that's really cool man. Yeah, right But it's good at three because this is a weekly. Okay. I have it It's the same thing You know, you got a daily weekly in a monthly, you know, the ones that this is the daily or this is the weekly one Yes, and the weekly is gonna have to fire before the monthly has to fire, right? But this is right at the money The bottom window is the weekly cumulative advanced decline for GDX. Okay, and it's just I got a circle there as signal comes When it closes above the mid Bollinger band, it doesn't try to pick out the bottoms Right where the dad catches the trend and so usually once it gets on a bicycle It stays there for months if not years and same with the cell signal It's thing give a cell signal back in 2021 on the weekly and we're finally now getting back to that mid Bollinger band And I think on the next one the bottom window is the up-down volume The second one up is advanced decline and we're right smack at that bicycle right now as we're talking So this is still or you know, even though the markets rallied really good over the last couple of months You know this thing kicks in you know the previous signals of this on the weekly time frame We're uh You know, I'm a little eyeballer here looks at it minimums a year Yes, so if this trigger this is at least a year and for the month trigger I didn't put the monthly in because it hasn't Hasn't generated signal yet, but I thought this was close enough to show that the weekly signal. So And this rally continues and I think a well the reason why if you look at the top window there. Yes I think this is a head and shoulders bottom with the October low of 2022 with the head and we're attacking the neckline right now, you know, you actually say we're above it But normally it doesn't stop if it's going to stop the neckline is going to do more Consolidation but you need a sign of strength through a trend line to confirm the breakout And I'm thinking we're doing the sign of strength right now on Gdx and it's probably going to go through this sign of strength or Through this neckline and it's going to leaf last another month and not a couple of months I think there were some other indicators I had that the current rally could last into September timeframe, I mean not every day is going to be an update but in general this impulse what's going on right now It's going to keep going. Yeah, and we definitely have more players in the marketplace because if you look at the futures market We're average in 280,000 contracts a day I mean that doesn't happen in the in the gold market the gold market normally does about a hundred and 10 to 125,000 contracts folks and we've been average in this for a good, you know, a couple months now So well actually, you know, which which which is exactly what you need Particularly coming up to those lines, which is so cool, right? Yeah, you need you need increased volume And you need a wide wide price spread. Yes And so we're we're attacking that what I drew there a neckline And I'm thinking the sign of strength is going on right now So I'm thinking a couple weeks from now Since there's a weekly chart or maybe you know Friday you might close above it But normally they don't whip above that mid-bowl in your band and whip back down and give you a kind of false signal throughout the You know the decline or the advance it gets below the you know or it gets above the line And you just stays there. So it's this momentum indicator So it's as we go forward, you know momentum is going to be important thing. Yes This is a good indicator to watch for momentum. It's not great for picking highs and lows because it's usually late You know getting out at the top, but when it turns down you better not be long I'll put it that way you bet. No, I ain't listen man when you showed us How long that what now we're talking to folks is that we're talking about the signal that We're waiting for right now on the weekly and monthly basis meaning for the bulge of being to get into the middle because when Tim showed us How long One has been on a cell signal and that cell signal was so correct. It's amazing Jesus. Yeah. Yeah Yeah, it got and it was pretty much, you know garbage market since 2021 Right because the advance decline was crappy and the up-down volume was crappy. Yeah, so even though stocks balance They didn't bounce much. They just basically One up came right back down again. So I'm thinking they're going to bounce this time and actually stay up If console they hit a higher high, you know, console they'd hit a higher high So I think that's what's going to come come from us. Yeah, well this particular point We haven't you know, you've only gone for about a month and a half You might have went down two days for the equities and then go sideways and go higher again sideways go higher again Yeah, so it's pretty cool. Yeah. Well, actually, I I'm not an Elliot wave pattern here, but I'm thinking this is probably a way three right now Then we'll probably hit away for probably the next, you know, month or so You know kind of go sideways and I think the boy five had to get into that stuff We don't have pictures of it, but so boy for another time, but it's like let's look at chart two. Okay This this is the the second window down from the top is a bullish percent index for the gold miners index Right, what this chart does measures a percent of stocks that are pointing figure buy signals Okay, so all the stocks in the gold miners index 70 the current price about 75 percent 75 percent of those stocks and the gold miners index are on point figure buy signals So that's usually a good area. So I got kind of a green area going across there as chart goes back to I said 2008 or something and that's kind of if you want to be you know above 60 But below 90 you start getting above 90 and I got that pointed in red. I see that. Yeah, and We're actually 95 and all those came at tops. So that's great to know everything's making money all at the same time It's usually not a good sign. No, no Let's just talk about this for a second because this is so with when you're looking at this chart folks This is what's really important to understand This is a point in figure when it gets be over 75 percent, okay Now point in figure also is late to the party So this is pretty cool Tim because that's showing that Well, I don't mean late to the party, but the the the signals are later Let's put it that way But this is really bullish because it takes a while for a point in figure folks to get bullish and all bearish either way So right that is really cool Tim. I'm digging it and I'm digging that 95% up the other side, too. Yeah Yeah, so when he out of that blue section on the bottom everything he gets down below 5% In other words when that everybody's heck out the door, you know You should basically step in and I point those things yes So, you know, but we could say anywhere above 16 below 90 You know Then you know, we got a person per virtually a strong market So I'm thinking it's really now to be in the gold market even though they gave some kind of rust signals over the last year a year and a half, you know Hear the music again. That's I just stay right there folks Tim and I come right back We get the Dow down 106 NASDAQ up four S&Ps down eight and a half Tim and I come right back for Welcome back folks that Tim would tell more Brian. We do appreciate your growl and problem with us I get chat number two up right now Tim Yeah, that's actually go to chart five. Okay. This is this is this is a real important chart It looks at the bigger time frames. We showed this chart on your last show. Yes, and The middle window is a monthly XAU gold chart and goes back to like 1984 and I got circled or that I got squared out where the current price is right now it's 0.059 and The line is you know, I tried to drive carefully the can the lines around 0.06 Nice, so so we're right there at that trend line, but it can be off. You know point over. No, I'm with you. Yeah, right Yeah, so yeah, we're there and if this rally continues It's gonna push that that XAU gold ratio most likely through that line Maybe we'll get it tomorrow. See any yeah, so I don't see any top in the XAU other than a minor Consolation yes over the next maybe month or so. There's no like top of any consequence here So I'm thinking this line is going to get broken here You know really really soon, you know this month is not this month probably next month And that trend lines when going down for the last 20 there were actually 30 years and so This is a big line up. Yeah, it would be a huge boon To the gold stocks, you know gold itself too, but probably gold stock sure And along the line folks, that's why Tim was the bottom window there. Yeah broke out So I wanted to point that out and the reason Tim was bringing up that line folks the longer that the line is The better if this breaks top side meaning then hold on for the ride man because That's about as good as you can get. Yeah, right? Yeah Yeah, this is good as it's good is going to get probably in our lifetime because right set up It'll probably be another 30 years or something like this sets up again. Yeah exactly this room this and then this reminds me of The beginning of our relationship when gold was 282 and that line Going across flat at the bottom. You know what I mean? That's that's that's that was Yeah Listen to you have a great one a safe one. We look forward to speaking to on Thursday Appreciate all the education man folks. Have a great night safe night come back and visit Jacob Tommy's off for the week. Jacob will be in tomorrow morning 9 o'clock. Have a great one folks. Have a safe one