Category: Reports

THURSDAY REPORT 1/10/2019

Thu, 10 Jan 2019

  Today, I wanted to take a look at the bigger picture and consider certain trends we may see over the next decade. Jim Puplava from Financial Sense thinks the next decade may favor tangible assets and commodities, I agree. I think deflationary pressures are waning and we are transitioning into an inflationary period. Major […]

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TUESDAY REPORT 1/08/2019

Tue, 8 Jan 2019

  Fairly uneventful day. I’m studying correlated and uncorrelated assets to get a better view of where we are in the economy. I need to look deeper into bonds and interest rate differentials for clues. That’s what I’m working on tonight.   -GDX VOLUME STUDY- On Balance Volume and MFI support a topping process instead […]

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THURSDAY REPORT 12/20/2018

Thu, 20 Dec 2018

  Are US stocks in a bear market or is this just a correction? I can’t recall a bear market in stocks topping like this. It is almost always a process. Generally speaking, prices don’t just top and then plunge into a bear market. For that reason, I’ve viewed this as a broad, intermediate correction. […]

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TUESDAY REPORT 12/18/2018

Tue, 18 Dec 2018

  Tomorrow will be a volatile and decisive day. Sometimes the initial reaction after a big Fed announcement is misleading. It can take a day or two to read between the lines and acquire the correct market direction. I’m a little surprised by the bidding up of miners heading into tomorrow’s announcement. However, there was […]

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TUESDAY REPORT 11/13/2018

Tue, 13 Nov 2018

  Gold, Silver, and GDXJ are at critical support while the dollar appears to be breaking out of a 3-month bullish consolidation. Oil is down 28% in just 6-weeks; prices are approaching support. The decline has been relentless and taken on a life of its own. I think oil is capitulating and I’ll look to […]

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THURSDAY REPORT 11/08/2018

Thu, 8 Nov 2018

  The seasonal pattern in gold supports an October high, a November decline, and a December Bottom. It looks like we got the October high at $1246. Next, we should see a November decline. I figured Tuesday’s elections or today’s Fed statement could trigger a potential selloff. If prices aren’t heading lower tomorrow, then we […]

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WEDNESDAY REPORT 11/07/2018

Wed, 7 Nov 2018

  The stock market has been a little easier to forecast lately than gold and silver. I’m not sure why…maybe it’s because metals are so easily manipulated. Nevertheless, I think the market provided some clues today. Tomorrow’s price action could confirm. It looks like the stock market is heading higher and precious metals are about […]

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MORNING NOTE 8:15 AM

Wed, 7 Nov 2018

  The Democrats had a good night and took back the House. The Republicans maintained control of the Senate. The market’s response thus far has been mixed and somewhat tempered. Gold is at $1233 up roughly 0.54% overnight. It would have to clear the $1240 level to support another attempt at exceeding the October $1246 […]

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TUESDAY REPORT 11/06/2018 (ELECTION DAY)

Tue, 6 Nov 2018

  Tonight’s report will be brief. I’ll release a full summary tomorrow.   -GOLD- Gold finished below the 10-day EMA. It doesn’t mean much until we see how markets respond tomorrow. -SILVER- Prices moved back to the middle of the range. I imagine we will see prices break free within the next 72-hours. Which direction […]

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THURSDAY REPORT 11/01/2018

Thu, 1 Nov 2018

    The price action remains crazy before the midterm elections. Metals and miners have endured several explosive days up and down over the last 2-months. Significant follow-through lacked in every case. Will this time be different or was this another convincing trader trap? Whatever the case, I think things will get easier after next […]

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