8
Nov

Current Thoughts 11/08/2017

We’ve got mixed signals in gold and silver right now. Part of those mixed signals come from the fact that we are bearish the micro move still in an overall bull move in metals. Gold and silver can still move down to the $1,240-$1,250 area and from there I would be making some purchases (anything below $1,250). Part of the …

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22
Oct

Current Thoughts 10/22/2017

Precious Metals and Mining Stocks Analysis USD/JPY took off higher and that is putting pressure on metals, knocking them down to the levels we have discussed. Further analysis below. It’s clear that Funds are not buying this rally in the dollar index because they remain net short. This means that the possibility of a massive short squeeze is very real. …

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17
Sep

Current Thoughts 9/17/2017

My latest article for the website in case you missed it last week; National Debt Surpasses $20 Trillion and Gold Falls There was an article last week that was somewhat bashing gold, asking if the metals still matter; Gold And Silver: Do They Still Matter? Two comments I posted in reply to it follow; 1. Gold never changes. You bury it in …

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6
Sep

Current Thoughts 9/6/2017

Based on DSI analysis there is a 60% chance gold will move higher right now and about a 35% chance silver will based on prior peaks before reversals in sentiment. In other words, silver may lead gold lower on a probability basis, but there still are North Korea issues looming over us. We did move lower in metals today but …

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29
Aug

Current Thoughts 8/29/2017

We finally got to the $1,310 level I was looking for in gold and have had a little pullback. Everything going to plan and you can see why it doesn’t make sense to write about the gold market every single day and still have a plan come together. Sure, there are day to day news, economic data, North Korean missiles, …

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22
Aug

Current Thoughts 8/23/2017

Today was about fake stock market moves based on fake Tax Reform as evidenced by the screen shots below.  CNBC have an agenda or what? Gold bulls at rest right now as once again the USD/JPY moves higher putting pressure on metals and miners. This is a rinse and repeat story that has gone on too long. I see us …

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16
Aug

Current Thoughts 8/16/2017

Below is today’s analysis for the ETF Trading Service I run over at IllusionsofWealth.com  Today’s Trades and Current Positions (highlighted in yellow): We were on the right side of metals and miners today. Some of you were locking in some good profit. Others just waiting for lift off. I think we are finally close. At least JNUG is over 18 …

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11
Aug

Current Thoughts 8/11/2017

From the Trading Desk The headlines surrounding tensions between North Korea and the United States continue to increase in frequency and severity.  Up until this week, the back-and-forth intimidation’s from North Korean dictator Kim Jong-un and US President Trump occurred, in general, a few weeks apart.  Now they’re occurring multiple times a day.  Earlier in the week, North Korean officials declared …

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