Category: Free Updates

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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GOLD FORECAST SEPTEMBER 3, 2020

Thu, 3 Sep 2020

  Metals and miners continue to consolidate ahead of tomorrow’s employment report.  Overall we continue to look for a breakdown in gold below $1900 in September.  The stock market is finally showing signs of weakness, and an interim high is possible. Stocks should remain under pressure into the November election. Expect increased volatility. The dollar […]

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DOLLAR UPDATE

Tue, 18 Aug 2020

  For gold to drop into the next 6-month low, we need the dollar to stabilize and turn higher. After consolidating for 2-weeks, the dollar is once again slipping to new lows. The trend is incredibly oversold, and prices are down more than 10% since March…we are due for a bounce. I see the potential […]

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GOLD UPDATE

Mon, 17 Aug 2020

  Is gold starting another leg higher, or is this just a news-driven (Warren Buffet – Barrick Gold), potential Bull Trap before the next decline? The next 48-hours are crucial.   Gold and miners are rallying on news of Warren Buffet’s stake in Barrick Gold (GOLD). Is this story enough to extend the already stretched advance […]

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