Category: Free Updates

WEEKEND FORECAST MAY 8, 2022

Sun, 8 May 2022

  The Federal Reserve hiked rates 50 basis points on Wednesday, raising the Fed funds to 0.75% and 1.00%.   Powell took the potential for a 0.75% hike off the table and implied back-to-back 0.50% hikes in June and July. Markets reacted higher initially but rolled over quickly on Thursday and into Friday.  There is a […]

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WHY AREN’T STOCKS CRASHING?

Mon, 28 Mar 2022

  Market Update – Shouldn’t Global Stock Markets Be Crashing?   The move into risk assets over the last few weeks has been surprising. We were due for an oversold bounce in stocks and bitcoin, but this seems excessive. Are we about to see a rug pull? Why is gold down while stocks are rallying?  […]

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TESLA PRICE UPDATE

Wed, 23 Mar 2022

    Sometimes, I fear my obsession with Tesla prices collapsing borders on the unhealthy side. I’ve gotten to the point where I’m timing the rebounds of Amazon post the 1999 tech bubble.   POST TECH BUBBLE AMAZON COLLAPSE: In the first quarter of 2000, Amazon shares declined into late January, bounced into early February, […]

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IMPORTANT GDX UPDATE

Sun, 30 Jan 2022

  The W-bottom in miners, silver, and platinum is remarkably similar to what transpired in late 2015 and early 2016 as we started a new Fed rate hiking cycle. The correlation may hold some good news and the potential for an explosive rally starting soon in precious metals.     GDX 2015 & 2016: We […]

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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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