Category: Free Updates

WEEKEND GOLD FORECAST JANUARY 31, 2021

Sun, 31 Jan 2021

  An epic battle between institutional and retail investors is unfolding in the shares of GameStop (GME). Prices finish the week 400% higher and are up over 1600% in January. Robinhood and Reddit advocates are exploiting a massive short position in the stock. The pressure is building and will likely continue into next week. It’s […]

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TUESDAY GOLD FORECAST JANUARY 26, 2021

Tue, 26 Jan 2021

  The speculation in today’s market is incredible. Millennials seem to be the driving force behind these bubbles. They stampede from one hot-stock to the next, looking to get rich. Currently, they have their sights on Gamestop (GME). The stock was up 92% today and 685% in January.  -GME- The momentum traders have turned to […]

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WEEKEND GOLD FORECAST JANUARY 24, 2021

Sun, 24 Jan 2021

  Gold remains stuck in consolidation/correction mode, and this can be frustrating to some investors. At times like this, it is crucial to remain focused on the long-term goal. Our primary forecast still expects a minimum target of $8500, likely by 2028.   The financial crisis that began in 2020 is far from over. It […]

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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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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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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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