Category: Updates

HYMC UPDATE

Fri, 12 Nov 2021

    HYMC UPDATE      On April 3, 2021, I featured Hycroft Mining as a top 10-speculative stock. At the time, it was trading at $3.95 with a $237-million market cap (chart below).  With a market cap now of just $63-million and with approximately $150-million in debt, they are technically insolvent. Their only hope of […]

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GOLD FORECAST NOVEMBER 11, 2021

Thu, 11 Nov 2021

      HAPPY VETERANS DAY   In this report, I cover a potential meme stock that meets 4 of my 6 moonshot criteria. I bought a little today for the Metals Portfolio, and I will release this information publicly tomorrow – Gold Predict insiders are getting the first-mover advantage.       Meme Stock […]

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GOLD AND INFLATION

Thu, 11 Nov 2021

  Gold prices have languished after spiking to new all-time highs in 2020.   The Fed’s transitory inflation story is dead, as inflation spikes to 30-year highs.   Some estimate the Fed’s favorite measure of inflation (PCE) could double from 3.5% to around 7.0% in 2022.     Gold’s Bumpy Road Being a gold investor […]

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LATE MORNING UPDATE 11:45 AM

Fri, 22 Oct 2021

      Below is a quick update on crypto and gold. According to Bloomberg, Yesterday’s flash-crash in crypto was triggered on the Binance exchange. Below is a chart and snippet from said article  (link below).   https://www.bloomberg.com/news/articles/2021-10-21/bitcoin-appears-to-crash-87-on-binance-in-apparent-mistake?cmpid=BBD102121_CUS&utm_medium=email&utm_source=newsletter&utm_term=211021&utm_campaign=closeamericas     Bitcoin Crashed 87% on Binance’s U.S. Exchange Due to Algo Bug   The price of […]

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INTERESTING CYCLE UPDATE

Mon, 20 Sep 2021

    BARRICK GOLD 3-YEAR CYCLE: The 3-year cycle in Barrick Gold (GOLD) seems to set critical turning points every third September. With prices steadily declining for the past 12-months, the odds support a potential bottom brewing in the following days. Perhaps Wednesday’s Fed decision will force a low (possible spike low). From a technical […]

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QUICK GOLD UPDATE

Fri, 13 Aug 2021

  Gold prices stabilized after spiking below $1700 early in the week. A close on Friday above $1760 could trigger a bullish reversal and a potential double bottom.   Before we jump into the weekend, I wanted to mention the weekly chart of gold.   GOLD WEEKLY: A close above $1760 on Friday would create […]

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Must Hold Bullish & Bearish Price Levels for Gold and Miners

Fri, 9 Jul 2021

    Gold Forecast – Must Hold Bullish & Bearish Price Levels for Gold and Miners   Metals and miners continue to climb a wall of worry out of their June lows. In this update, I provide key prices levels to monitor into August. Overall, our long-term outlook remains firmly bullish.   Red Flag or […]

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CYBERATTACK UPDATE

Wed, 2 Jun 2021

  Cyberattacks are becoming more prevalent. A few weeks ago, bad actors attacked the Colonial pipeline and now the largest meat supplier in the U.S. I believe these attacks on infrastructure and the food supply will continue. We are no longer dealing with tech-savvy hackers living in their mom’s basement. These hacks are sophisticated and perpetrated by Artificial Intelligence. […]

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GDX UPDATE 12:48 PM

Mon, 3 May 2021

  Metals and miners are on the move, and it looks like the 40-day cycle bottomed in line with our expectations. We should be starting a new 40-day cycle higher. The next low isn’t due until late June, so we have some room to run. I’d like to see a 5%+ bullish recognition day in […]

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MORNING GOLD UPDATE 9:14 AM

Fri, 9 Apr 2021

GOLD 4-HOUR CHART: Gold (currently $1732.80) was unable to break above resistance surrounding $1760 on the first attempt. Prices are pulling back and should find support between $1720 – $1740. It would take a sustained breakdown below $1715 to propose a deeper pullback. Otherwise, I’ll look for prices to stabilize and prepare for the next […]

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