icybergey

icybergey

With more testing facilities coming online with the continued spread of COVID-19, I expect far more cases to emerge. The exponential growth potential provides a low-risk, high reward trade over the next few weeks.

icybergey

Negative news and coming from such oversold levels will likely keep downside momentum intact for the next few weeks/months. A break below Dec 2018 lows would push the market down even further to retest more significant longer-term levels.

icybergey

FED money printing will send Gold and Silver through the roof with much higher inflation expectations in the future. This is an incredible buying opportunity and I believe it will be looked at as a major inflection point in the precious metals space. Large players might be pushing the price down and force others to sell, so they can load up on long positions...

icybergey

From a fundamental perspective, the dollar is looking weak due to FED actions, likely requiring larger and larger doses of stimulus. Gold is looking strong here as an inversely correlated asset.

icybergey

I've been looking for a market top for awhile due to many macro and fundamental reasons. Further downside can be accelerated by the odds increasing that Bernie Sanders may be the next US president if the market trump claimed credit for falls apart before the election. We don't seem to come into solid resistance until we hit the August trading range. If we...

icybergey

Markets are overbought and primed for an extended selloff. Gold, on the other hand, is breaking out and ready for an extended run, with prices exceeding $2,000/oz not too far away.