Category: Weekend Newsletters

WEEKEND NEWSLETTER 8/19/2016

Fri, 19 Aug 2016

  I’m flying out of town for a wedding in a few hours, so I finished the Weekend Newsletter early. The alternate scenario still has life, but we need to see some downward progress next week. Silver is closest to breaking down, and it may bring gold and miners with it. The dollar is key. […]

Continue Reading →

WEEKEND NEWSLETTER 7/16/2016

Sat, 16 Jul 2016

  Gold prices corrected after being up for six straight weeks; prices should turn back up soon. Silver and Miners had mild corrections compared to gold but should also turn higher next week. We expect prices to climb for another week or two before dropping into the second common cycle low of the larger 6-Month […]

Continue Reading →

WEEKEND NEWSLETTER 4/30/2016

Sat, 30 Apr 2016

Gold aborted the head and shoulder pattern and made new cycle highs Friday. This development severely dampens the chances of new lows in gold and silver as previously forecast. I would say the odds support an 80% chance that the 8-year cycle in metals bottomed, and a new bull market has begun. However, buying now […]

Continue Reading →

Sunday Newsletter 02/07/2016

Sun, 7 Feb 2016

  There was a short-covering panic Friday as underwater traders covered their positions before the weekend. The buying back of shorts caused prices to climb higher and higher which in turn provoked even more short-covering. Sequentially, this action pushed gold and GDX well past my targets areas; silver and GDXJ remain within their designated territories. […]

Continue Reading →

Sunday Newsletter 01/17/2016

Sun, 17 Jan 2016

Commodities are under pressure as the global economy slows, gold is finding some support while fears increase, and gold prices should turn higher soon. Oil is cheap, and the bears have full control, the $30.00 level was breached during the week.   -US DOLLAR- The dollar needs to fall below the trendline or close above […]

Continue Reading →