Category: Free Updates

COT AND SILVER UPDATE 5/2/2016

Mon, 2 May 2016

I rarely mention the COT (commitment of traders) positions in my reports but felt it necessary to highlight recent developments. In the world of commodity trading, the commercial hedgers are viewed as the “Big Players” or the “Smart Money”, as a rule, it’s best to align your trading strategy with their purview. The commercial short […]

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WEEKEND NEWSLETTER 4/30/2016

Sat, 30 Apr 2016

Gold aborted the head and shoulder pattern and made new cycle highs Friday. This development severely dampens the chances of new lows in gold and silver as previously forecast. I would say the odds support an 80% chance that the 8-year cycle in metals bottomed, and a new bull market has begun. However, buying now […]

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FED MEETING UPDATE 4/27/2016

Wed, 27 Apr 2016

The Fed held steady today and didn’t change their forecast in a dramatic way; Gold dropped slightly but was overall unchanged. Their next meeting will be in June; odds support a 20% chance of a rate hike at that time. The Bank of Japan meets tomorrow and will make an announcement regarding monetary policy; their […]

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DID THE 8-YEAR CYCLE IN GOLD BOTTOM?

Fri, 22 Apr 2016

I learned a long time ago that pride and arrogance prevent profits. Consequently, I would much rather make money and preserve capital than always be correct. Experience has also taught me that when my analysis is challenged at every turn, then the trend has possibly changed. And therefore, I need to stop fighting it. We […]

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MINERS UPDATE 4/20/2016

Wed, 20 Apr 2016

Prices made an outside reversal candle today (higher high and lower low than the previous session) while also managing to close below yesterday’s low. This development is an excellent opportunity for prices to begin dropping sharply, and a close below the 10-day moving average tomorrow will imply the rally is most assuredly fading, and that […]

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APPLE STOCK UPDATE 4/18/2016

Mon, 18 Apr 2016

A while back I used APPL stock, as an illustration, and how the Steve Jobs movie may have marked a significant cycle top. Our services are precious metal focused, but we received several requests to keep members up to date regarding this potential shorting opportunity. I don’t like shorting a stock with a P/E ratio […]

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Gold Targets And Potential Debt Issues

Fri, 15 Apr 2016

Investors have the tendency to get distracted by the daily market movements and short-term noise. Occasionally, I like to step back and evaluate things from a big picture perspective in an attempt to keep myself grounded. Last week I covered the potential of a $500 silver target, now I’d like to look at potential debt […]

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Silver Update 4/13/2016

Wed, 13 Apr 2016

During the last cycle top, silver peaked long after gold topped and made somewhat of an angled ascent. Prices touched the trendline three times before terminating. The current topping process could be following a similar pattern with the third and final touch arriving today. If that’s indeed what’s happening, then I would prefer to see […]

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UPDATE 4/12/2016

Tue, 12 Apr 2016

Prices tend to overshoot in the precious metals sector making analysis difficult at times. The next few sessions are incredibly important, and if prices don’t top soon, I will be forced to reanalyze. Silver is overshooting the right shoulder target; gold is still on track and the more important pattern of the two. It looks […]

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IS $500 SILVER POSSIBLE?

Fri, 8 Apr 2016

  I’m reasonably conservative and crafting such a bold title could become hazardous to my reputation but before you dust off the straight-jacket and have me committed, take a few moments and consider the possibility.   I’m a contrarian, and I thoroughly enjoy technical analysis. I spend thousands of hours every year studying charts and […]

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