Category: Free Updates

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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WEEKEND GOLD FORECAST NOVEMBER 15, 2020

Sun, 15 Nov 2020

  There is a significant uptick in coronavirus cases, and lockdowns are resuming. The likelihood of a double-dip recession is increasing, and we could see another sharp selloff in stocks. The 1980 pattern in the Dow is very similar to what’s transpiring now. If the stock market peaks next week like it did in 1980, […]

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THURSDAY GOLD FORECAST NOVEMBER 5, 2020

Thu, 5 Nov 2020

  Gold prices closed above their October high, and I see the potential for a divergent 6-month low. With COVID cases hitting new highs, the potential for lockdowns and a double-dip recession are climbing. Congress is unlikely to reach a stimulus deal unless the markets are tanking. How prices finish the week is crucial. I […]

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WEEKEND GOLD FORECAST NOVEMBER 1, 2020

Sun, 1 Nov 2020

  The US elections are next week, expect a significant uptick in volatility. The markets hate uncertainty, so a close or disputed election could send stocks reeling. Covid numbers are on the rise globally, and we are starting to see more shutdowns. This could impede the recovery and disrupt supply chains. I see a generational […]

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WEEKEND GOLD FORECAST OCTOBER 4, 2020

Sun, 4 Oct 2020

  Gold is dropping into the next 6-month low. If everything continues on schedule, we should have a bottom in the first half of October.    A Multitude of Outcomes Several variables, from the stimulus negotiations, to the elections, and now the President’s health, could alter gold’s near-term trajectory. Not to mention the potential for […]

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Silver Near Major Buy Signal

Thu, 24 Sep 2020

  I believe silver prices confirmed a bullish breakout in July 2020. The initial surge has paused, and prices are pulling back into the next significant buying opportunity.    Silver Bull Market After lagging gold for some time, silver finally broke above the long-term trendline and confirmed a new bull market. The global health crisis […]

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Gold Prices Nearing Major Buy Signal

Thu, 24 Sep 2020

  Once or twice a year, we get a significant buying opportunity in gold. The next buy signal is rapidly approaching, and prices could bottom any day.  In this article, I will lay the groundwork for the next low in gold and touch on the emotional pitfalls we face as investors. Why is it that […]

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WEEKEND GOLD FORECAST SEPTEMBER 20, 2020

Sun, 20 Sep 2020

  The triangle pattern in gold appears complete, and prices should continue to work their way lower and eventually break support surrounding $1900. It may take another sharp selloff in the stock market to get a second round of stimulus through Congress. If my theory is correct, we could see a selloff in the stock […]

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THE COMING GOLD BUBBLE

Fri, 11 Sep 2020

  Gold Forecast – Are You Ready for The Bubble in Gold   Asset bubbles are a repeating theme. In 2017, bitcoin entered a bubble driving prices from $1000 to $19,000. The recent Bubble in Tesla marked a rally from $70 (post-split price) to over $500 in less than 6-months. Our work supports a bubble […]

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WEEKEND GOLD FORECAST SEPTEMBER 5, 2020

Sat, 5 Sep 2020

  The last few weeks have been challenging as metals and miners consolidate. When prices are on the verge of a breakdown – they stop and suddenly reverse higher. That happened several times around the $1920 level in gold. Eventually, the $1920 level in gold should break and trigger a speedy decline to $1750 – […]

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