Fiat Currencies

Bank & Fin. Shares (charts)

Note: We have a breakout and bull trend in almost all bank shares.

Bank Index
Bullish objective	na
Resistance	5200
Support	3800
Bearish Objective	2200
Technical pattern	BEARISH WEDGE!
		Bank Index in Gold.	Banks have landed in a similar but MORE DANGEROUS situation than in the 1970s


Short-term candle	Chart comments: TECHNICALLY SPEAKING, THIS IS A STILL BULL TREND, FUNDAMENTALLY A BANKRUPT SECTOR!
	Jan 16, 2016: BREAKOUT STALLED and BEARISH it is... Jan 17, 2017: Expect a (minor or flat) correction Dec 23 - Feb 26, 2018: A Canary in the Mine for Higher Interest Rates. Jan 15 - 28, 2019: The 3500-level barrier is breached, and the backtest is over. Dec 24 - Jan 10, 2020: Repos SPELL BIG DANGER! Jan 18, 2021: Beware of a FALSE HOPE of HIGHER interest rates! Oct 21 - Jan. 6, 2022: CRAZY...CRAZY Jan. 20 - Feb. 20: Breakdown and SELL. June 21 - Dec. 8 - Jan. 20 - Mar. 8, 2023: a bear trend. Jan. 20 - Feb. 18, 2024: Short-term is OVERSOLD. Mar. 24: The fact is that most Bank Shares are breaking out = bullish! Aug. 12 - Sep. 19: The breakout points to LOWER INTEREST RATES. Oct 27: BANKS ARE BANKRUPT, AND BANK SHARES MUST BE AVOIDED BY ALL MEANS. Nov. 30 - Dec. 26 - Feb. 7, 2025: overbought + strong resistance May 25: Mind the HUGE, long-term bearish formation. 23 Aug.: ALMOST ALL BANK SHARES have broken out...and are technically a strong BUY...or how a bankrupt sector can be praised into heaven, VERY DANGEROUS. 21 Sep.: overbought! 30 Oct. - 23 Dec. - 13 Jan., 2026: Sideward and BEARISH
Long-term candle

European, Swiss & Canadian banks are in a deplorable condition; Canadian Banks are in trouble in Paradise: the deflation of the Canadian Real Estate bubble will affect them. Note: The Big 5 Financial groups manipulate the share prices of Canadian Banks to their current levels. Green and gold-colored charts indicate bullish trends; red indicates bearish trends; and white indicates sideways movement, where the trend is not yet clear. Yields as of May 2025
Goldman Sachs (GS) - USA	Morgan Stanley (MS) - USA	Citigroup (C) - USA Bankrupt!	Bank of America (BAC) - Bankrupt!	Truist Fin. Corp (TFC) - USA	Wells Fargo (WFC)

2.00% yield	2.93% yield	3.06% yield	2.41% yield - The Bank has severe problems.	5.30% yield	2.20% yield
Canadian Bank shares are dangerously 100% rigged!
CIBC (CM.TO) - Can	AIG - Insurance	Scotia (BNS) - Can	PayPal	BITCOIN

4.15% yield	2.21% yield	5.86% yield		Standard Climax Top & SELL


Law & negative interest rates are death sentences for banks, pension funds, and insurance companies. Alice in Wonderland and BANKRUPT BANKS keep paying dividends?!
Deutsche Bank is Bankrupt!	HSBC = Bankrupt!	ING = Bankrupt!	UBS = Bankrupt!	Barclays = Bankrupt!

2.59% yield	3.38% yield	5.44% yield	2.84% yield	2.40% yield

AXA	Commerzbank (CRZBY) Bankrupt!	BNP Paribas (BNP) Bankrupt!	Credit Agricole (CRARY) Bankrupt!	Société Générale (GLE.PA) Bankrupt!

5.25% yield	2.48% yield	6.32% yield	6.46% yield	2.39% yield

Banks expressed in Real Money or Gold: click here

The Bank index in Gold (click to enlarge)

Our Opinion:

There is NO WAY authorities will risk bankruptcy for any bank. They will PRINT MORE FIAT MONEY and bail them ALL out until Hyperinflation hits.
The exact process is happening in Europe, but there are fewer banks, and it's done more subtly. Spain is a good example.
The long-term trend doesn't look good. Why take the risk of investing in Financials? There are far better, safer investment instruments.
There is NO WAY you can trust the financials, as they are absolute masters at defrauding investors.
The central bank's direct involvement moderates the credit markets, and the Fed's balance sheet resembles a leveraged junk bond fund.
Just look at Greek banks. You can see how fast problems unfold and how they impact a country's debt situation.
Cyprus shows the way...of what we expect: MASSIVE BAIL-INS.

December

2011

January

2008