Category: Free Updates

TUESDAY GOLD FORECAST NOVEMBER 23, 2021

Tue, 23 Nov 2021

  There will be no Thursday report due to Thanksgiving.  Markets close at 1:00 PM on Friday.        TUESDAY GOLD FORECAST NOVEMBER 23, 2021   I see the potential for increased volatility surrounding tomorrow’s economic reports. The FOMC minutes come out at 2 PM. https://www.marketwatch.com/economy-politics/calendar       Vaccine Effectiveness According to Public Health […]

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HYMC UPDATE

Fri, 12 Nov 2021

    HYMC UPDATE      On April 3, 2021, I featured Hycroft Mining as a top 10-speculative stock. At the time, it was trading at $3.95 with a $237-million market cap (chart below).  With a market cap now of just $63-million and with approximately $150-million in debt, they are technically insolvent. Their only hope of […]

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GOLD FORECAST NOVEMBER 11, 2021

Thu, 11 Nov 2021

      HAPPY VETERANS DAY   In this report, I cover a potential meme stock that meets 4 of my 6 moonshot criteria. I bought a little today for the Metals Portfolio, and I will release this information publicly tomorrow – Gold Predict insiders are getting the first-mover advantage.       Meme Stock […]

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GOLD AND INFLATION

Thu, 11 Nov 2021

  Gold prices have languished after spiking to new all-time highs in 2020.   The Fed’s transitory inflation story is dead, as inflation spikes to 30-year highs.   Some estimate the Fed’s favorite measure of inflation (PCE) could double from 3.5% to around 7.0% in 2022.     Gold’s Bumpy Road Being a gold investor […]

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LATE MORNING UPDATE 11:45 AM

Fri, 22 Oct 2021

      Below is a quick update on crypto and gold. According to Bloomberg, Yesterday’s flash-crash in crypto was triggered on the Binance exchange. Below is a chart and snippet from said article  (link below).   https://www.bloomberg.com/news/articles/2021-10-21/bitcoin-appears-to-crash-87-on-binance-in-apparent-mistake?cmpid=BBD102121_CUS&utm_medium=email&utm_source=newsletter&utm_term=211021&utm_campaign=closeamericas     Bitcoin Crashed 87% on Binance’s U.S. Exchange Due to Algo Bug   The price of […]

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THURSDAY GOLD FORECAST OCTOBER 21, 2021

Thu, 21 Oct 2021

  Metals and miners continue to steady after forming September lows. Continued upside into November would be bullish. I see the potential for a buy rumor and sell the news event regarding the long-awaited bitcoin ETF. Bitcoin prices spiked lower this morning. Not sure if it was a glitch or actual selling. Either way, it […]

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POTENTIAL CRYPTO CRASH UPDATE

Fri, 24 Sep 2021

China declares all crypto-currency transactions illegal   Below is a snippet from the above article. China’s central bank has announced that all transactions of crypto-currencies are illegal, effectively banning digital tokens such as Bitcoin. “Virtual currency-related business activities are illegal financial activities,” the People’s Bank of China said, warning it “seriously endangers the safety of […]

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INTERESTING CYCLE UPDATE

Mon, 20 Sep 2021

    BARRICK GOLD 3-YEAR CYCLE: The 3-year cycle in Barrick Gold (GOLD) seems to set critical turning points every third September. With prices steadily declining for the past 12-months, the odds support a potential bottom brewing in the following days. Perhaps Wednesday’s Fed decision will force a low (possible spike low). From a technical […]

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GDX UPDATE

Fri, 3 Sep 2021

  GDX 15-MONTH CHART: If GDX stays above $33.00 in September, I see the potential for a Double Bottom (March/August 2021). An advance above $40.00 would confirm a bullish breakout and support new highs in 2022.   GDX 8-MONTH CHART: Ending the week above $33.00 would be bullish. However, stiff resistance lies just ahead at […]

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GOLD CYCLE UPDATE

Thu, 19 Aug 2021

  The intermediate cycle in gold (chart below) has formed turning points roughly every 128-calendar days (4.2-months). That cycle just turned again, triggering an intermediate low on August 9, 2021. Gold must now stay above that low to prevent a breakdown to the $1500 to $1550 area.   KEY PRICE LEVELS A sustained breakdown (more […]

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