Unfortunately, the stock market down-turn as I have been discussing from over 6 months ago is clearly happening and even though one would think Gold and perhaps Silver should rise, as I have said numerous times, Gold and Silver sell-off during bear markets.
Now that we are in an equity bear market, Gold and Silver will continue to sell-off. Silver will not...
To gain an edge, this is what you need to know now.
1) Yields on 10 and 30-year Treasury bonds stayed way above their lows as the stock market fell to new lows. This is a big positive.
2)Oil held way above its Sunday lows. This is a big positive.
3) The Fed is providing unprecedented liquidity of as much as $1.5 trillion. The stock market first rallied 6% on...
The DJI fell shortly after I called it out.
It is acting very closely with the fib retracement.
20k by EOW followed by 18k is near future. Hold tight as there is no clear asset class that is showing to be acting like a safe haven. I wouldn't by shy about buying a little bit of precious metal as well as crypto and diversifying within the market as it is...
Great opportunities may come once in a lifetime, but small opportunities surround us every day. This opportunity comes once in a lifetime. It's a risk we are willing to take. This happens once in a lifetime-Remember timing is everything!!
I posted quite a lengthy idea recently regarding my thoughts on Gold and where I believe Gold is going; to avoid repetition, I will attach the idea below for those that are interested in background analysis.
As for JNUG, I believe within the next 10-14 trading days we may see JNUG explode to roughly $140 with only very small to small pullbacks. Towards this level...
Wow!
The last time there was as large a disconnect between gold and silver was never, the closest we have come is briefly in 1991-2, and again in 1941. The gold silver ratio has now seemingly surpassed those previous peaks.
Over the previous few years, silver has loosely tracked the rise and fall of gold - while consistently under-performing. However, last week...
Gold of course is long-term exceptionally bullish as I have noted in the past, however, I recommend in this environment people refrain from leveraging Gold and Silver and rather hold straight 1:1 bullion, and only buy leveraged funds off corrections.
While in reality Gold should be near-term parabolic, the reality is, when equities tank violently, Gold falls...
It is now safe to enter longs in Gold and Silver.
The recent sell-off in Gold for those following my ideas was due to massive 100:1 liquidity issues from equity losses (in margin accounts). As a result, highly liquid assets like utility stocks, Gold and Silver sold-off to cover for massive losses.
The Federal Reserve just recently announced an emergency 50bps...
Monthly chart with a huge breakout and retest of the 83 level. Target is about 130 on the gold/silver ratio if this is correct and we don't return under 83 anytime soon.
This means that Gold will outperform silver long term - but keep in mind there are two possible scenarios to this
1. Both rise but Gold rises much more than silver
2. Both fall but Silver...
