Category: Weekend Newsletters

WEEKEND NEWSLETTER 8/4/2018

Sat, 4 Aug 2018

  Commercial gold hedgers reduced their short holdings by nearly 25% last week – a sharp reduction. Their combined positions (futures and options) dropped an astonishing 37%. Speculative shorts remain at or near record highs. For example, managed money is short 153,108 gold contracts. During the July 2017 low, their shorts reached 100,397 contracts (see […]

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WEEKEND NEWSLETTER 7/29/2018

Sun, 29 Jul 2018

  Gold was unable to make any headway going into next weeks Fed meeting…not surprising. Nevertheless, multiple factors continue to support a low. Both the weekly RSI and MFI are deeply oversold. The COT numbers are incredibly bullish. More bullish than they were last July when prices rallied $150+ in 8-weeks. Sentiment is bearish and […]

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WEEKEND NEWSLETTER 7/22/2018

Sun, 22 Jul 2018

  The persistent 3-month decline in gold cut much deeper than I anticipated. As the cycle extended, gold broke key levels at $1280, and $1238. This renewed calls for a bear market and imminent collapse. I remain firmly bullish on the yellow metal and believe the washout period is over. Member after member reached out […]

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WEEKEND NEWSLETTER 7/15/2018

Sun, 15 Jul 2018

  Will the 6-Month cycle ever bottom? It seems like the assault will never end, investors (including myself) are beyond their breaking point. I’ve seen this many times, and I can assure you prices will bottom. It’s been 30-weeks, and gold is yet to confirm a low. However, miners remain stable and are just 6% […]

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WEEKEND NEWSLETTER 6/09/2018

Sat, 9 Jun 2018

  There is a cyclical nature to almost everything in life and gold is no different. During the good times (2001-2011), gold rallied year-after-year, and everyone was excited. In tough times (2011-2015) prices declined year-after-year and dreams were crushed. Where are we now you ask? I believe we are transitioning into another run of “Good […]

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