Category: Weekend Newsletters

WEEKEND NEWSLETTER 7/15/2018

Sun, 15 Jul 2018

  Will the 6-Month cycle ever bottom? It seems like the assault will never end, investors (including myself) are beyond their breaking point. I’ve seen this many times, and I can assure you prices will bottom. It’s been 30-weeks, and gold is yet to confirm a low. However, miners remain stable and are just 6% […]

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WEEKEND NEWSLETTER 6/09/2018

Sat, 9 Jun 2018

  There is a cyclical nature to almost everything in life and gold is no different. During the good times (2001-2011), gold rallied year-after-year, and everyone was excited. In tough times (2011-2015) prices declined year-after-year and dreams were crushed. Where are we now you ask? I believe we are transitioning into another run of “Good […]

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WEEKEND NEWSLETTER 5/12/2018

Sat, 12 May 2018

  We are in the worry stage surrounding 6-month lows. Prices may have bottomed, but it’s unconfirmed. If metals and miners remain buoyant next week, I’ll give the all clear and confirm the 6-month lows. If prices weaken and close below key support, we may see one more dip. Miners are diverging positively from gold […]

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WEEKEND NEWSLETTER 5/5/2018

Sat, 5 May 2018

  Gold is approahing an important low and I see two potential scenarios. Scenario 1) Prices formed 6-month lows on Tuesday, and a new rally is just getting started. Scenario 2) This is just a 3-5 day bounce and prices will rollover and bottom within a week or two. The COT for gold is neutral […]

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WEEKEND NEWSLETTER 4/21/2018

Sat, 21 Apr 2018

  The dollar rallied on Friday and gold finished lower. We will find out next week if this is just a pullback or the beginning of a more profound correction in gold. The evidence isn’t overpowering, but I see subtle clues supporting a basic pullback. Over the last year, we’ve been conditioned to expect little […]

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WEEKEND NEWSLETTER 4/7/2018

Sat, 7 Apr 2018

  Gold’s COT improved with commercials reducing their short positions by 32,330 contracts. However, it remains moderately bearish at 351,473. The non-commercial (large speculators) in silver increased their net-short position for the third straight week. Again, the last time we saw this was in 2003 (see bullish silver chart). There was mild selling on strength […]

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WEEKEND NEWSLETTER 3/18/2018

Sun, 18 Mar 2018

  Metals and Miners rolled over on Wednesday, but the ensuing decline was lackluster. I was expecting a substantial breakdown before the weekend. Gold dropped below $1313 on Friday, but it was unable to crack the $1309 zone. To setup a low next week, gold needs to drop below $1300. The probabilities for a March […]

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WEEKEND NEWSLETTER 3/4/2018

Sun, 4 Mar 2018

  The dollar should rally and peak around the time of the March 21st Fed meeting. However, prices reversed at the 50-day EMA and are exhibiting the initial signs of a top. It could turn out to be nothing, but if the dollar peaked, then gold may have put in a premature bottom. Next weeks […]

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WEEKEND NEWSLETTER 1/13/2018

Sat, 13 Jan 2018

  The dollar broke sharply lower Friday and closed below the September 90.99 low. Breaking that low, in our opinion, confirms a new bear market in the dollar. Our cycle work suggests the dollar should trend lower into 2023/2024. A multi-year dollar bear market should propel gold and silver to new all-time highs. I reinforced […]

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WEEKEND NEWSLETTER 12/17/2017

Sun, 17 Dec 2017

  We believe 2018 will be the breakout year for metals and miners. The initial bull market advance occurred in 2016. Miners exploded off their 2016 lows and needed 2017 to recover. The consolidation phase in nigh complete and they are positioned for the second advance. Prices are close to a low: We may have […]

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