The W-bottom in miners, silver, and platinum is remarkably similar to what transpired in late 2015 and early 2016 as we started a new Fed rate hiking cycle. The correlation may hold some good news and the potential for an explosive rally starting soon in precious metals. GDX 2015 & 2016: We […]
Continue Reading →The popular Meme Stock AMC is rolling over, and a breakdown below $20.00 could lead to a panic profit-taking event, in my opinion. As novice traders see their 2020 profits turn into losses, they could begin to panic. Prices dropping below $20.00 within the next 48-hours could trigger the panic – this could get […]
Continue Reading →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 […]
Continue Reading →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 […]
Continue Reading →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 […]
Continue Reading →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 […]
Continue Reading →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 […]
Continue Reading →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 […]
Continue Reading →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 […]
Continue Reading →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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