Category: Weekend Newsletters


Sun, 10 Dec 2017

  Gold finally broke the October low, and prices should bottom within the next 1-4 weeks. A low is possible next week if prices suddenly spike below $1,215. In December 2015/2016 gold bottomed 1-day after the FED’s rate hike (see rate hike chart). Conflicting Data: Rate hike timing supports a low next week, but the […]

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Sat, 2 Dec 2017

  Gold jumped to $1,292.50 on Friday as the stock market briefly collapsed. Stocks recovered, and gold retreated. Precious metals will remain under pressure if stocks remain buoyant. Our primary analysis has called for a breakdown in gold. The ideal scenario expected a decline in gold below $1,262 (the October low) and subsequent bottom in […]

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Sat, 11 Nov 2017

  Metals and Miners declined Friday. They could be setting up to break the October lows next week. Gold dropping below $1,262 will sustain a drop to $1,180 – $1,205 over the next several weeks. If established, prices should bottom in early to mid-December. The weekly gold chart illustrates a low-profile “V” shaped basing pattern. […]

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Sat, 4 Nov 2017

  Gold is inching closer to the October low. It’s been 20-trading days since the previous low (October 6th), and I see two potential outcomes. Scenario 1- Gold formed a short-term top on Thursday, the 19th trading day. If so, prices should break the October low ($1,262) and proceed lower. Scenario 2- Gold is yet […]

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Sat, 14 Oct 2017

  Gold and Silver performed well after their October 6th reversals. Gold finished the week above $1,300 and produced a weekly morning star pattern (bullish candle formation). Silver rallied 3.70% closing back above its 200-week MA. Last weeks rally was encouraging but not enough to confirm meaningful lows. Miners were weak relative to gold and […]

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Sun, 3 Sep 2017

  I’d like to start the Weekend Newsletter with a big picture review of the gold and silver markets. It’s easy to get lost in the day-to-day fluctuations. When cycles stretch, I find taking a step back essential. Below is a snippet from the 6/17/2017 WEEKEND NEWSLETTER. -2017 BREAKOUT?- The multi-year correction is similar to […]

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Sat, 19 Aug 2017

  It’s been one fake-out after another in the precious metal sector. Investors have been awaiting a major breakout in gold once prices climbed above $1,300. Friday’s rally reached $1,306.90 and promptly reversed, potentially creating a bull trap. Likewise with miners. GDX gapped higher in the morning only to end below the previous days low. […]

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Sat, 5 Aug 2017

  Metals and Miners showed signs of topping after Friday’s employment report. Weekly dollar prices spiked down to the 200-week MA and reversed. If the dollar finally bottomed, we should see a 4-8 week recovery. Metals and Miners should soften as the dollar bounces. The dollar broke key technical support during the 7-Month decline. Consequently, […]

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Sat, 24 Jun 2017

  Metals and Miners are bouncing as the dollar finishes what appears to be a small inverse head and shoulder bottoming pattern. If our analysis is correct, the rebound in precious metals should end next week. A daily close above 97.50 in the US Dollar will establish a breakout. A breakout in the dollar should […]

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Sat, 17 Jun 2017

  Gold and Silver formed weekly swing highs, and prices should be working their way down into the 6-Month low. The bull market breakouts in 1986 and 2002 are similar to the current setup. If the correlation advances, we should see gold break above the long-term trendline later this year, confirming a bull market. Metals […]

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