Weekly Report July 7, 2018
Weekly Report July 7 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Gold So far so good. Intermediate cycle lows in gold tend to be very frustrating as we’ve seen in the past two months. As with investing in general, patience is the key to success. If you have […]
Weekly Report July 1, 2018
Weekly Report July 1 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Gold As I’ve been saying for weeks now, the best opportunity on the market at the moment lies in the precious metals sector. We saw a big up day in the miners on Friday and as the […]
Smart Money Enters As Dumb Money Exits
Smart Money Enters As Dumb Money Exits If you follow the action in gold and silver closely, you’re about to learn something pretty soon. Banks are mostly option writers and so when retail traders see golden skies ahead and buy long call options for gold, the banks take the opposite side of the trade. If you […]
Weekly Report June 16, 2018
Weekly Report June 16 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Gold As I mentioned in the previous Weekly Report, the precious metals sector is one of the most manipulated sectors there is. We saw a prime example of this on Friday. First the banksters manufactured a fake breakout on […]
Weekly report June 10, 2018
Weekly report June 10 For new readers of the blog, I recommend reading the terminology page before the weekly reports. Currencies I’ll start off with the currencies. The euro has formed a weekly swing low which is a strong indication of a larger degree bottom. I tend to think that the euro is about to […]