Platinum
US 10YR: Will Fall to Record Lows in 2020 Before Rising in 2022The recent rising wedge we saw since the bottom in around September has broken down and will continue to break-down as we move through mid 2020. In the shorter-term, yields will fall faster than people think. In my opinion, US data has certainly not "bottomed" yet and will continue to weaken enough to provide further rate cuts in 2020 despite what the Fed 'wants'.
Domestic manufacturing continues to be dreadful in the US.
The combination of geopolitical issues involving the US, weaker/weakening domestic US data and a weak DXY in 2020 will send the 10 year to at-least 1.464 re-test, a reasonable potential of testing 1.375 and likely could challenge 1.200. In fact, one cannot rule the possibly of a 10 year around 1.000 by late 2020 or sometime in 2021.
I do not forecast a stock market 'crash' as a result of a recession until at-least mid to late 2021 (but likely closer to, or in 2022), and as such, yields could continue to weaken tremendously until 2022. Once the recession hits, the bubble for the bond market will burst and people will lose total faith in governmental treasuries (hence, yields rising).
As I have stated for 6 months, look for big moves in oil and precious metals this year again, but look for parabolic moves sometime in 2021 into 2022 and beyond. You have already started to see this, and therefore, my predictions have been correct.
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SPX: Be Careful Shorting in 2020; What to Expect OverallIn this idea I'm going to explain why for those who are hoping for some big crash in 2020 won't see it and what to expect in 2020.
Firstly, to begin, let me say that the recent issues between US-Iran is short-term noise. A pullback was bound to happen early in 2020 and it just-so-happens this was the trigger to cause it. This will not impact the long-term 2020 sentiment of the market even if the market drops another 1, 2, 3, 4 or 5%. Generally this will be an excuse for precious metals to form a new base, and for oil to remain elevated for the entire year.
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One of the most prominent reasons the crash won't happen in 2020 is based on monetary and fiscal policy around the world. Central banks around the world are incredibly supportive of easing and money-printing at current time. This will continue to push markets higher for the next 12+ months (overall) until interest rates are too low to reduce and/or when monetary money printing loses its high. Will there be pull-backs and corrections? Yes, but these will be bought in-time.
Secondly, often times as the economy is in a weakening stage around the world this is bullish for stocks even though it is incredibly counter-intuitive. Why? If the economy shows signs of strengthening, investors and big whales believe this means rates may rise, but on the flip-side if economic data weakens drastically, that gives the sign that some big recession is near. Economic data will indeed weaken (again) by mid 2020 (and yes, yields will fall significantly again), however, it will remain afloat enough for big whales to continue to push markets higher.
Thirdly, on a technical level, the end goal of the SPX is roughly near 4000 which represents the highest peak on the longitudinal channel based on EW theory. The key is when do we get to the 4000 level? The answer is it seems that sometime in 2021 is the most prominent bet based on micro/macro-economics, technical analysis and pure logic. Therefore, as we move closer to 2021 and through 2021 investors should monitor their portfolios very carefully.
Fourthly, put simply, is Trump. Trump has done a remarkable ability to manipulate the market for algo-bots to buy off of. 2020 will be yet another year of more trade deal talks and hype around future phases. This will continue to work in 2020 before too weak of economic data and the top region of the longitudinal channel outweigh the manipulation as stated above.
In reality, 4000 seems like a super-high level but in reality it represents only an 18-19% gain from where we are at the time of writing.
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In 2020 the way you want to hedge equities during any correction or pullback is through precious metals not by holding shorts. Contrary to what any naysayer believes, precious metals are on the verge of a historic and parabolic run for the next 4 or 5 years. 2019 was the beginning of the run, 2020 will see slightly more upside than 2019 (especially for Silver and Platinum), and the run will really start to move in 2021.
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Top sectors to buy for 2020 --
1) Energy stocks : be patient as it will take 1-2 months of oil above 60 for money to flow into the sector - this will happen so be patient. Oil will rise steadily this year and many people have been shorting it to death and likely blew their accounts wide open. 68 is in the books for oil; 76 is also in the books in-time. If there is any Middle East tension oil could reach 90 or higher.
2) US tech : certain companies like Amazon, Apple, Tesla, Facebook, Baba, Bidu and so forth will have an excellent year. Look for Amazon to break-out; Apples run to continue and Facebook to be the dark-horse of the tech sector where 40-50% gain is possible this year.
3) Precious Metals : if you haven't invested in metals in 2019 you want to make sure you buy on pullbacks in 2020 - make sure you don't neglect Platinum!
Look for many Chinese stocks to have a solid year.
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Platinum struggles with $1000 levelI've been watching the $1000 level in #platinum since the Sept blow-off. This morning we ticked that level, plus the top of the channel, and we are getting a hard rejection (shooting star candle so far). Big supply area. Needs a hard break above $1000 before next big move. $PL
JNUG: Bye Bears: JNUG to $130.00What I called back in mid November has came to fruition:
Gold is finally gearing up for its 'true bull run'. What we saw this year was a premature run based off USA-China trade, however now, we will start to see the real bull in the making.
A re-test of 155-1560 is very likely before between late January and early February with new multiple year records thereafter.
2020 will be a fantastic year for Gold, Silver and Platinum.
Don't forget about Platinum! PPLT (etf: bullion) and Impala Platinum (IMPUY) are the top Platinum picks.
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GCM: Technicals Point to Continued Huge Momentum RallyGran Colombia is one of the more promising mining stocks in the Gold industry that represents a solid small-cap type of choice to tag along in this impending precious metal rally.
There have been a number of investments including that from Eric Sprott a while ago pouring several million dollars into GCM. Moreover, the company actually has growing production and sound management which is hard-to-come-by in the mining sector.
This stock is forming a massive cup and will continue to gain momentum as Gold continues to shine through 2020. Not all mining stocks are winners and my top 2 picks for small-cap stocks are GCM and GORO. For seniors my top stock is Franco Nevada (which I have been rating as a buy for the past 6 months).
As I have said numerous times as well, do not forget about platinum - you want to be in Impala Platinum (IMPUY).
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Platinum to Blow Higher in 2020 in a Big Way: Don't Miss It!Platinum, alongside Gold and Silver are one of my top outperforming sectors for 2020. However, Platinum is incredibly undervalued and has ALOT of catching up to do.
I believe Platinum will do what Palladium did and quietly run up at-least 35-40% in 2020 (possibly 50-60%) with very little slowing down until it reaches at-least 1700-1800. In fact, I wouldn't be surprised if Platinum and Gold finish close together by the beginning of 2021 nearing 1700-1800 USD/oz.
One of most attractive parts of Platinum (technically speaking) is Gold and Silver move together, however, Platinum can move independently. Further, Platinum is "rarer" and "harder to mine" than Gold and Silver but typically doesn't act as a monetary hedge like Gold does. What this means is when its "time" for precious metals to run, Platinum can run parabolically at any-time.
In my opinion you can't go wrong investing in Gold/Silver/Platinum bullion and choosing 1 high quality mining stock of each.
A lot of people have messaged me asking to post my top performing sectors for 2020 and my list are as follows:
1) Canadian energy (Enbridge, TRP and Canadian Natural Resources)
2) IIPR (Cannabis REIT)
3) Precious Metals (Gold, Silver, Platinum)
4) US Technology
For Platinum the only stock you want to be in is Impala Platinum. And for Platinum bullion you want PPLT.
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Franco-Nevada: Range Break-Out; Capital AppreciationFranco-Nevada continues to be one of my top stocks to be apart of for this impending precious metal run that I have forecasted for 2020. Whats interesting about FNV is it is fairly low in volatility and has none of the risk the mining sector can bring alongside, including that of high short interest.
With a portfolio also expanding into the energy sector, which is another one of my top performing sectors picks for 2020, I believe Franco will continue to post record numbers quarter to quarter and I am targeting at-least a $150 TP in the near-term.
This is one of the few stocks in the entire precious metals market where you can be comfortable investing tens of thousands of dollars in and not have to worry about losing 10% of your investment when God or Silver 'takes a break', unlike mining stocks.
We have recently broken out of quite a beefy-looking range and will race towards Franco's ATHs which will inevitably be broken.
If you have not already done so, I recommend investing in precious metals as soon as possible. Do not avoid Platinum, as it will be one of the forgotten assets that will soar in 2020 by at-least 25-30%.
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We hit XPT with 944. What's next?After our successful plan last time and hit even more than we anticipated. So what now? Our short term plan is to have a small correction as low as 915. Then we go up again for the midterm. As Platinum is quite volatile, short term against the main trend is very risky so we refrain from entering it.
With low leverage, it can be tried like this:
Entry: 935
Stop: 944
Final target: 919.
Remember that the bigger time-frames signal us that it will surge but the likelihood of correction before moving up is pretty high.
Silver: Descending Wedge Break-Out; Strong Upside 2020Silver and Gold formed descending triangular wedges and have broken-out of them recently. Gold changed its course from downside to neutral to upside back in November, while Silver has been meandering for longer. As of now, the trend for Gold, Silver and Platinum is up.
I am targeting quite a good year for the precious metals in 2020 and expecting Platinum to make a surprising surge at-least +25-30% to the upside before the end of 2020.
Look no further than the senior Gold stocks that have changed its course off a 180 degree sinusoidal pivot back from November. Unlike the "trade war" hype that pushed Gold and Silver up prematurely, this time in 2020, the real run will slowly commence.
Its time to begin loading up on precious metals if you have not already done so.
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PLATINUM PLAY WITH PENGUINS TOO ;) XPTUSD 14/12/2019
Hello Traders!
We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a crosshair.
Heart in the box - a place to jump in/out
Sign with exclamation mark - places to be aware of a few different types of reactions from this level
Target sign - the first target to focus on
Thunder sign - spot to react - possible jump to push into reversal
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy.
Like it if it was helpful to you. We appreciate the likes and comments.
Provided feedback helps us with the future service. Got questions? Feel free to PM us!
Thank you for your attention,
GOD BLESS U ALL!
PLATINUM: Metal To Invest In 2019
hey traders,
this year gold was and remains the most advisable precious metal for investment.
while everyone is looking at gold and wants to jump in an overheated market, I want you to have a look at platinum
three major things to know about platinum:
the market is bearish since 2011
the market has reached 2008's low this year
the market has broken above the major falling trendline
we have a great chance to buy platinum on a huge discount.
technically we see a lot of different signals indicating a shift in a market trend
and I would consider platinum to be a good alternative to gold (based on its current prices)
Let me know what you think!:)
XPT long entryWith the issues in South Africa ongoing, and the generally bullishness in the wider PM market (even if gold and silver are taking a breather here) this may be a good entry.
There has been a habit of lower highs and lower los since September when the initial PM bull run backed off a bit so a conservative target for XPT is around $950, more aggressively the $982 figure is also a possibility.
A stop at $860 or so is generous, but a tighter stop just under the 200 day moving average around $871 is also reasonable.