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 […]
Continue Reading →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 […]
Continue Reading →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 […]
Continue Reading →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 […]
Continue Reading →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, […]
Continue Reading →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 […]
Continue Reading →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 […]
Continue Reading →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 […]
Continue Reading →Gold Is Entering The Buy Zones Gold, silver and miners are quickly approaching their respective buy zones. Moreover, an exceptional bottom is rapidly approaching. The move down into an intermediate cycle low is often terrifying. Investors that are unfamiliar with cycles are caught off guard by the sharp moves, and suddenly, turn bearish. Instead of […]
Continue Reading →Gold Prices: Looking Like A November Bottom Our works suggest that gold, silver, and miners are approximately 6-weeks away from making a significant low. Originally we anticipated an intermediate degree bottom in late September. However, prices churned sideways through all of August and September subsequently postponing The Next Great Buying Opportunity. The price […]
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