Sunday, November 30, 2014

GDX (Gold MIner's ETF) Dec. 16 Low??

Dec. 2nd Update after Gold's reaction to Japan's debt downgrade on Dec. 1 I have exited my short positions. The lows may be in for gold and a rally into early 2015 could happen. For now I am sitting on the sidelines. Here is a very important cycle chart posted on traders-talk.com by Tria... http://stockcharts.com/c-sc/sc?s=GLD&p=W&yr=4&mn=5&dy=0&id=p34961293120&a=285699619&r=1365955504497.png Recently predicted the Nov. 21 high for gold on traders-talk.com gold forum, now am seeing a probable low around Dec. 16, 2014 which should lead to a rally going into 1st quarter 2015.

Tuesday, November 25, 2014

Gold trendline update with pi cycle turn Oct. 2015

This chart shows the current rally is most likely going to fail and the final low will be next summer down around 850-900.

Tuesday, October 28, 2014

Copper Major Low late summer 2015, minor high Jan/Feb 2015

Copper high looks like early February...

Wednesday, October 15, 2014

Oil April-May 2015 low

This looks like a very important low coming up next spring...




Tuesday, October 14, 2014

Gann Swing Indicator Gold Buy Signal

Here is an interesting indicator, above the pink line is a buy signal with green line giving support. This indicator can be found on Tradingview.com and was created by Chris Moody.


Monday, October 06, 2014

Newmont Gold Bull Flag

This pattern looks quite bullish if it can punch through the upper line with conviction and volume...


Gold Triple Bottom Pattern

Note the declining volume on each new bottom...


Saturday, October 04, 2014

US Dollar Index high Oct. 7th. (Oct. 20th chart deleted)

This is my original post for the dollar high on Oct. 7th, the second chart for a high on the 20th of Oct. has been deleted as it has now been proven wrong.  Gold should rally into January 2015 before resuming its decline as well as the US dollar continuing up into Sept. 2015 after a correction now. I note that Tria from Traders-talk.com is now (Oct 13) predicting Gold will keep going up into November, I am seeing January but I respect Tria a great deal so Nov. will be worth paying attention to.





Friday, October 03, 2014

US Dollar Index Sept. 2015 hi, Jan. 2020 low (longer term projections)

This ties in with the pi cycle model, with Sept. 2015 being the peak in the model and early 2020 being the low.  This also implies that after a powerful rally the dollar is going to get beaten down which means more trouble in the USA, by 2016 as Marty says the pension crisis is going to start to rear its head and will be a bigger crisis than the last banking crisis.


Euro late 2015 Low

This is further confirmation that the US dollar will keep going up into 2015 and Gold will go down into probably Sept. 2015 in line with the Platinum chart below this post.





Thursday, October 02, 2014

Friday, September 26, 2014

Gold Wave Form

This chart was inspired by Tiago from Elliottwavetrader, note the fractal like nature of what is happening compared to the earlier ABCDE pattern and this ties in with my Platinum chart below as well as Martin Armstrong's 'ideal' time and price in 2015...




Thursday, September 25, 2014

Gold Miners High Jan. 2015 (update)

If you look further down the page in the July area you will see a NUGT posting indicating a high the first week of Sept, while not the absolute high it showed the momentum was stalling out and of course led to the big decline in the gold stocks and metals. (The Dust chart contradicted the Nugt chart and may have just inverted)

This gold miners chart (what Nugt is based on ) is now showing there should be a rally into Jan, 2015 Gold may keep going down into late Oct. from my latest work as of Oct. 3rd.

Sunday, September 21, 2014

Gold and Silver Sept. 2015 Pi Cycle Lows with Fibonacci levels

Notice how the 875 level intersects with the fib level on the Gold chart at the next pi cycle date of Sept/Oct. 2015.




Saturday, September 13, 2014

Gold in US Dollars (log chart) long term trend breach


Gold appears to have breached its long term trendline


Japanese Yen has reached major support

Gold has come down as the yen and euro have also come down. Also of note is that one of astrologer Merriman's students predicted the bottom for the Euro on Sept. 10, 2014, the bottom appears to be Sept. 9th if it holds.


Monday, September 08, 2014

Platinum September +/- 2015 Low

This means that Gold and Silver will likely bottom in 2015 too, the September projection could be out by a month or two or it might be exact, it will become clearer as the date approaches.  The high date on the chart for 2022 is possible, Martin Armstrong has written that Gold can keep going up into 2032 which is the Phase Transition time when he thinks western civilization in general will "Crash and Burn" from its debts.




Sunday, August 24, 2014

Tuesday, August 12, 2014

Dust (correction) Oct Low

This chart was mislabeled by accident earlier as being NUGT, it is Dust.

Monday, August 11, 2014

Gold chart wedge should be bullish

The fact that the last down move on the chart stopped before the bottom of the wedge shows the bullish bias and it should therefore breakout above the upper line soon as it is approaching the apex and charts usually break out before the apex.


Possible target for gold from wedge breakout...



Friday, August 01, 2014

Gold Bullish Wedge

This shows some positive divergence in volume and should lead to an upmove...despite Marty expressing bearishness recently!


Sunday, July 13, 2014

GDX Gold Stocks ETF High late Oct/Nov 2014

I am getting two possible targets for the high in GDX late Oct or mid Nov.

Forks give possible targets, if top green line is breached strongly then bear market should be over which I doubt will happen, more likely this will be a 4 wave up and then the final 5th wave will bottom in mid 2015 in line with Martin Armstrong's ECM model peak in Oct. 2015.


Monday, July 07, 2014

Bullish Interpretation on COT report for Gold

http://thedailygold.com/gold-cot-analysis/

the daily gold site is saying that long speculators can be much longer than they are, the market was coming off of a very bearish sentiment level, if the long specs get up to 60% then it would be time to worry


NUGT heading for 169 to close the gap?



Monday, June 30, 2014

Commercials are heavily short Gold and Silver

Commercials as they say are usually right,  while large and small speculators tend to be wrong and both those groups are quite long now, especially the large specs. Despite this I still thing the precious metals will go up into autumn 2014.  Stops should always be used in case the market disagrees with the analysis.


Longer term chart seen first shows the commercials have been more heavily short Gold in the past few years than now though...






Tuesday, June 24, 2014

Silver's Descending Triangle Breakout Projection

left side width of triangle should equal right side breakout level...

Sunday, June 22, 2014

SILVER - BEAR MARKET APPEARS TO BE OVER!!!

"It’s important to keep in mind that this historic breakout in silver is coming from the most oversold levels ever. So this has the potential to be an extremely explosive situation. The last time silver rallied from such oversold levels it soared 320% in just 8 months. A similar move would take the price of silver to a new all-time high of $65." David P... Europe http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/6/17_Historic_Breakout_Will_Launch_The_Price_Of_Silver_To_$65.html


Thursday, June 19, 2014

Dust Update... confirmation that gold will keep moving up into Oct. 2014

With the speed that Dust is collapsing it may break below its wedge formation by Oct.


Saturday, June 14, 2014

Platinum Projection for major low in mid 2015


Gold long term map - big volatility coming...

This chart shows possible gold price levels based on time projections which are highly likely imo. The final low in mid 2015 is in line with Martin Armstrong's view based on his ECM model, after that all hell will start to break out in the world of government debt and loss of confidence by the public, the high in gold will be at least $5,000. The Marxist idea that government can pile up debt and live beyond the taxpayers ability to pay for their lavish salaries and pensions is going to die. This is going to be a very difficult time in history.


Wednesday, June 04, 2014

Junior Gold Stocks appear on verge upside break-out

Note the GDXJ inverse head and shoulders pattern with positive divergences in the indicators...



Saturday, April 26, 2014

Dust headed for the dust in Sept-Oct 2014

This chart of the Direxion 3X Bear Gold Stocks fund is showing a very powerful signal especially on the monthly setting, this of course means Gold and Gold stocks should see a huge rally  into next fall, the channel on the arithmetic chart therefore should be the correct interpretation...can you spell Ukraine?




Thursday, April 24, 2014

Gold sees reversal, Eric Hadik issues buy signal.

Today saw gold have a bullish reversal  with a 20 dollar range in trading, gold should move up for awhile now, I am not sure if this invalidates my call  for a june low in gold at this point,  I am seeing gold form a high in Sept still.

From  Erik Hadik.... Gold Drops to 1270.0/GCM, Fulfilling Downside HHL Target;
Silver Reaches 1895.5--1897.0/SIK Objective... on April 23/24th Cycle Low...
Set Stage for Multi-Month Bottom; Gold Buy Signal Triggered!!

Wednesday, April 16, 2014

Gold Channels suggesting more downside into June 2014

Could Gold be knocked down into Armstrong's 1000 area this June?

Monday, April 14, 2014

GDX update

I have deleted the forecast for a low in the gdx gold stocks index for next Sept., the current forecast is in agreement with nugt and dust, the gold stocks should bottom in mid to late June as they did last year.

Thursday, April 10, 2014

Saturday, April 05, 2014

Gold/Xau Chart

This chart shows interesting relations between gold and the xau (gold and silver stocks index) Based on the position of the CCI at the top this indicates gold going lower if the past behavior repeats.


Sunday, March 30, 2014

US Treasury Bonds headed for big low in late 2015 or early 2016

This means interest rates are going  to go up lots which is going to make servicing debt harder leading to a crisis of liquidity and civil unrest as people start to realize that the government is broke and they will not have pensions as Martin Armstrong has been warning. Can energy self sufficiency save the system? Armstrong does not think so.


Silver Standard 2019 Hi


Silver Wheaton March 2014 low


Saturday, March 29, 2014

Friday, March 28, 2014

Gold Bull Flag with support trend lines

Gold should now start to move back up going into the summer, Hadik is looking for 1425 initially, Stockcharts.com pnf is projecting 1440.


Thursday, March 27, 2014

Silver (slv) Coiling

Slv should find support on the lower trend line and eventually break above the upper trend line producing a summer rally.