Category: Weekend Newsletters


Sat, 24 Jun 2017

  Metals and Miners are bouncing as the dollar finishes what appears to be a small inverse head and shoulder bottoming pattern. If our analysis is correct, the rebound in precious metals should end next week. A daily close above 97.50 in the US Dollar will establish a breakout. A breakout in the dollar should […]

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Sat, 17 Jun 2017

  Gold and Silver formed weekly swing highs, and prices should be working their way down into the 6-Month low. The bull market breakouts in 1986 and 2002 are similar to the current setup. If the correlation advances, we should see gold break above the long-term trendline later this year, confirming a bull market. Metals […]

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Sun, 4 Jun 2017

  The Dollar sold off, and metals rallied after Friday’s weak employment numbers. The April and March data was revised lower, adding fuel to gold’s rebound. Oddly, the softer than expected economic data didn’t affect the odds for a June rate hike which remain at 94.6%. The steadfast underperformance in miners contradicts the persistent rally […]

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Sat, 20 May 2017

  Our outlook for another decline in precious metals and miners will likely be confirmed or rejected next week. The minutes from the May 3rd FED meeting will be released Wednesday at 2:00 PM. From that, we can calculate the likelihood of a June rate hike (currently at 78.5%). On May 25th, OPEC will attempt […]

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Sun, 30 Apr 2017

  Gold prices are moving down into their third daily cycle low. Prices have met the minimum requirements for a cycle bottom, but the structure looks incomplete. Breaking below $1,260 next week should lead to another wave of selling. Miners have dropped significantly from their April highs. Prices are oversold on a short-term basis, but […]

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