Clive_Thompson

Clive_Thompson

What will happen to the bitcoin price after the next "Halvening" on April 15th 2024? What is the bitcoin halvening? The halvening is an event which happens approximately every four years. It effectively halves the number of bitcoins which can be mined going forwards. It's a bit like closing down half of a gold mine. Future production halves. The date when this...

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Argentina had been suffering many years of hyper-inflation. The inflation rate was well over 100% throughout all of the 1980s. By 1989 it was over 3000% and the following year over 2000%. In 1992, the old currency, the Argentine austral, which was only nine -years old, had become nearly worthless. A new "stable" currency was introduced. It was known as the...

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SITC International Holdings Company Limited (1308). Price 25/3/2022: HKD 27.65 SITC is a US$10 billion market cap transport and logistics company, quoted in Hong Kong, doing business (i.e. shipping goods), from China 39%, South East Asia 31.2% and Japan 24.8%. They have 96 vessels delivering to 74 ports, including ports in Russia. Shipping and logistics...

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Interfor Corporation IFP - Canada (IFP) Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in British Columbia, the United States Northwest and the United States South for sale to markets around the world. At the time of writing this on, 19/3/2022, the share price at $42 is just a whisker...

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Take a look at the chart of GET. After spending ages going nowhere its price is starting to wake up. It still hasn't reached the $7 peak seen in 2017. GET is used to prevent ticket scalping (The practice of buying up 100s of tickets to an event and re-selling them at an egregious profit). It is invisible to the typical event attendee. They just see a ticket...

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Get Protocol - a crypto currency which might do 1000x GET Protocol is a crypto currency with a very small market cap (less than $20 million). When it did its ICO a few years ago investors paid paid from €0.29 to €0.35 and it immediately mooned to $7 per GET. Today, the price sits at one-tenth of its peak. However, a lot has changed for GET since 2017, and the...

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Get Protocol - a crypto currency which might do 1000x GET Protocol is a crypto currency with a very small market cap (less than $20 million). When it did its ICO a few years ago investors paid $7 per GET. Today, the price sits at one-tenth of the ICO price. However, a lot has changed for GET since 2017, and the project is stampeding forward with new ideas...

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You just need to know where we are in the cycle. There are times to leave it alone, and times to mortgage your house and go all-in with a leveraged bet. If you don't know if we are at the top or bottom of the hill or neither up nor down, then, like the Grand Old Duke of York you are bound to be neither up nor down.

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Look at my previous forecasts. You will see that I get my calls right. Here is my latest bullish call on gold. We have started moving higher, and there is room for the rally to extend for a number of weeks within the coloured box.

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Flag-pole patterns often lead to a large sea-change in the recent price. Here we see a flag-pole pattern emerging in gold. Next week could see a surge in the gold price (currently $1575. The rally could come at any time, but most likely anytime from today (Friday 14th Feb 2020, until Friday next week. Based on the past experience, the rally could easily be...

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A flag often signals a big move, with the direction depending on where the flag is pointing. In these cases the flag is pointing upwards signalling that a rally is not far away.

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S.E.B. SA (SEB) (Symbol SK.PA), is a global supplier of Kitchen and household equipment. (White goods) Brand names include include All-Clad, Krups, Moulinex, Rowenta, Tefal and WMF Group. They make non-stick cookware, bakeware, stainless roasters, coffee machines, tea machines, juice squeezers, meat cutters, food vacuum packs, bar-tender equipment, beer...

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Flag patterns tend to lead to upside breakouts. Today gold is $1545. A breakout of at least $10 could occur at ant time. I am looking for a new trading range close to $1560, then we’ll see.

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The above chart shows the price of gold in US dollars (blue), GBP (green), and EUR (red). As you can see, the price of gold has appreciated considerably more since 2007 in Sterling and Euros than it has in US dollars. Put this another way, it means that the British pound and the European Euro have been relatively weak currencies compared to the US dollar. Given...

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Personally I am expecting the Fed statement to be fairly neutral, with a quarter point cut in interest rates (in line with market expectations). If so, the gold price should stay within the yellow range. The words about the future will be more important. If the statement is more hawkish or more dovish than expected, or if the interest rate change is different...

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Have you noticed how the gold price tends to rally then stop and go back down? Isn’t it frustrating? What if you could predict the movement of gold one day in advance? Have a look at the chart. Nearly every eighth day gold puts in a positive performance, which has recently been taking it to new higher trading ranges. It seems like a good idea to trade on...

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Trends are trends until they break the trend. As a general rule many sophisticated investors only buy things in the up-trend. Gold has moved into an uptrend as indicated in the yellow channel. Remember - the trend is your friend until it’s not. For the time being you can buy at the bottom of the trend range and sell at the top of the trend. The pattern is...

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It is easy to spot flag patterns. They look like a pole followed by a triangular flag. Here you can see on the hourly chart how we reached the pivotal point at the end of the flag, before the price soared.