Author: admin

WEEKEND GOLD FORECAST JANUARY 17, 2021

Sun, 17 Jan 2021

  Much of the stimulus money sent out to Americans has made its way into the stock market. This is creating the divergence we see between “the markets” and the “real economy.” The bubble in stocks could end badly, for some investors. In April 2020, the personal savings rate for Americans spiked to a record […]

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GEORGIA SENATE UPDATE (THE RACE TIGHTENS)

Mon, 4 Jan 2021

  The Georgia Senate race has tightened to nearly a coinflip compared to the 68% to 35% reported Tuesday. If the Dems win both seats (currently 47% odds), that would change things from a divided government to one that’s united. The Dems, if in control, would increase spending and stimulus, but with that comes the potential […]

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WEEKEND GOLD FORECAST DECEMBER 31, 2020

Thu, 31 Dec 2020

    I’ve grown a little bearish over the near-term, given the excessive bullishness I see in options buying and retail trading. High flyers like Tesla and Bitcoin are not driven by fundamentals, but by speculation and excess liquidity. This extreme risk-taking leaves the markets vulnerable to a sharp correction, in my opinion. It seems […]

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US DOLLAR UPDATE

Wed, 30 Dec 2020

  -DOLLAR DAILY- I think the dollar is experiencing a meaningful devaluation. Prices are extremely overdue for a bounce, but the trend pushes persistently lower. The final area of support arrives at the 2018 low of 88.15. If that level fails, I believe the USD could collapse to 80 by April/May 2021. -DOLLAR MONTHLY- We […]

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TUESDAY GOLD FORECAST DECEMBER 29, 2020

Tue, 29 Dec 2020

  It is looking more and more like gold prices probably bottom in November, and we are climbing a wall of worry. Silver and platinum are beginning to lead the sector higher, suggesting a rotation out of gold and into the more leveraged, smaller sectors. This theory also explains the underperformance in GDX. It looks […]

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GOLD UPDATE 8:55 AM

Thu, 24 Dec 2020

  Reminder: U.S. Markets close at 1:00 PM today and won’t reopen until Monday, December 28, 2020.  Because Markets are closed Friday for Christmas, tonight’s report will act as the Weekend Newsletter.      The stimulus saga continues. President Trump is asking for $2000 payments to individuals versus $600. Congress could amend the bill and vote […]

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GOLD UPDATE 8:20 AM

Tue, 15 Dec 2020

  We have a Fed announcement tomorrow at 2:00 PM, followed by Chairman Powell speaking at 2:30. There is some speculation the Fed will increase their asset purchases. I don’t think they will do anything until the employment numbers get much worse. Either way, it will be important to monitor gold’s reaction following their decision. […]

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WEEKEND GOLD FORECAST DECEMBER 6, 2020

Sun, 6 Dec 2020

  After painting a somewhat dire picture in my global depression article, I wanted to expand on the developments that have me concerned. It’s clear to me that the retail trading frenzy is reaching extremes. Typically, this type of behavior precedes a collapse. I don’t know what, and I don’t know when, but the market seems […]

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FREE UPDATE – POSSIBLE GLOBAL DEPRESSION BY 2022

Thu, 3 Dec 2020

  As an analyst, I am continually looking for rogue waves and black swan events. In my experience, it is the crisis we do not see coming that hurts us most. Over the last few months, I have seen and heard some things that now have me concerned. I will describe them below, and you […]

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WEEKEND GOLD FORECAST NOVEMBER 22, 2020

Sun, 22 Nov 2020

  Gold prices are rolling over, and I see the potential for a bearish breakdown as soon as next week.  If gold breaks below $1850 sooner than later, that could open the door for an extended correction into December.  Overall, precious metals are in structural bull markets, and sharp pullbacks are considered long-term buying opportunities. […]

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