Category: Free Updates

POSSIBLE TRADE SETUP

Wed, 9 Nov 2016

  I might buy a little DUST if prices manage close above the trendline. Buying right now would require a stop below today’s low of $31.50 and that equates to a 20% risk; too high for me without a breakout. IF GDX drops to the bearish scenario target of $15.00-$16.00 (just a possibility right now […]

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GDX HEAD-AND-SHOULDER TOP UPDATE

Wed, 9 Nov 2016

  THE BEARISH HEAD-AND-SHOULDER TOP IN MINERS I think we can safely say we have our line in the sand. If prices drop below $23.43, they will likely break beneath the $22.50 neckline and continue to around $20.00 before bouncing. IF the bounce is unable to retake the $22.50 level (neckline), prices will drop to […]

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MEMBER UPDATE

Wed, 9 Nov 2016

  Trading is still dangerous until gold takes out $1,337-$1,348 and therefore invalidating the correlation pattern between the 2000 chart and now. Miners are going to gap up sharply this morning, and I would consider waiting for better prices or a pullback to enter positions. I don’t see this as a time to be fully […]

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ELECTION UPDATE

Tue, 8 Nov 2016

  Early polling shows key victories for Trump in Florida, Ohio, and North Carolina. With close races in Virgina and Pennsylvania. Wisconsin has unexpectedly turned Republican, and Michigan slightly favors Trump. These numbers give Trump a significant lead. Gold traded down to $1,267 and is now rallying sharply (currently $1,328), it may reach $1,400 this […]

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TUESDAY REPORT 11/08/2016

Tue, 8 Nov 2016

  Tonight’s election results and tomorrow’s response will likely determine where gold and silver are headed for the balance of the year. A strong rally tomorrow and we can probably take the head-and-shoulder topping pattern off the table for GDX and HUI. Whereas, a significant decline tomorrow will boost the odds of an even further […]

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BEARISH POTENTIAL EXPLAINED

Wed, 2 Nov 2016

  I’d like to take a moment to explain the bearish possibility I laid out in the November update. A few members were surprised, feeling that I had somehow grown pessimistic. I assure you that is not the case. Pessimism implies a personal bias based on individual emotions. I learned a long time ago that […]

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GOLD PREDICT MEMBERSHIP UPDATE

Sat, 29 Oct 2016

  In 2016 our service moved away from emailed reports to our current website with an article archiving provision. We upgraded the site to include the current member data center with enhanced color codes. Prices were reduced during this transition period, and membership fees will normalize in 2017. 2017 Rates: 1-Year Premium- First year $199.95, […]

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THURSDAY REPORT 10/27/2016

Thu, 27 Oct 2016

  The miners appear to have broken down today; the final move lower should be underway. As the formation develops, we will refine our targets and timeframe. I will advise members when I begin to enter positions.   -US DOLLAR- Prices bounced off the 10-day EMA and are attempting another push higher. -YEN CHART- The […]

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STOCK MARKET UPDATE

Fri, 14 Oct 2016

  Prices may be setting up for a sharper decline than I previously expected. Prices breaking below the 211 level could send things lower quickly. -SPY- Similar to the gold setup a few weeks ago if prices break below recent support (211) prices could move sharply lower. Median target would become 204.50 on a confirmed […]

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FRIDAY UPDATE 10/14/2016

Fri, 14 Oct 2016

  Metals and miners can’t seem to get enough traction for a bounce and may be setting up to break lower sooner than I expected. If prices drop next week, I’ll be watching for signs of a bottom and reversal. One more drop should complete the intermediate-term decline, and a new up cycle will likely […]

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