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 […]
Continue Reading →Gold, Silver, and Miners are moving within a larger correction pattern, and prices will eventually break lower. I wanted to spend some time explaining why I continue to look lower in precious metal prices. The majority of the Thursday report will be spent illustrating the positive correlation between the Japanese Yen and gold prices. […]
Continue Reading →I sometimes look at the money flows for clues regarding potential turning points in price. These numbers aren’t always accurate, but scores of buying or selling can influence short-term market direction. Three of the last six trading days had moderate selling into strength numbers pop up in miners. This action supports prices dropping a […]
Continue Reading →