Contributor's Links: GoldPredict

AG is the editor-in-chief of the Gold Predict report and creator of the Gold Predict Buy Zone indicators. His members receive frequent reports and timely updates concerning gold and silver as well as the various mining sectors. He is a technician by trade who prides himself on making his ... more

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E Gold Bull Market Merely On Hold
It’s time to revise my big picture outlook for gold. I don’t believe gold is entering a new multi-year bear market nor do I think prices will drop to $700. I believe the bull market was merely suspended and lower prices should be bought.
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Precious Metals Need Catalyst
Precious metals and miners need a catalyst to find a sustainable bottom, and I just don’t see that right now. To catch a bid, there needs to be a psychological shift from risk-on to risk-off.
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E Miners Confirmed Yesterday’s Gap Reversals
Miners performed well today and confirmed yesterday’s gap reversals. We should see (at least) a 1-2 week rebound.
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Markets At Turning Point
Several markets could be at significant turning points. The stock market is pulling back with potential for a bull trap top and intermediate-term decline. If established, that could trigger an accelerated breakdown if key levels begin to fail.
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Gold Needs Catalyst To Break Out In 2018
For some time I’ve expected 2018 to be gold’s breakout year. Although it is still possible, the odds have declined severely.
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Tuesday Gold Report
If this is just a short-lived bounce, then prices should rollover in a day or two.
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Comments

Latest Comments
Gold Prices Are Overdue For A Bounce, But Prices Continue To Trade Lower
1 year ago

Gold drops into a major cycle low approximately every 8-years. The last cycle low was in 2008. Prices should bottom in the first quarter of 2017, and a new bull run will begin. The dollar should make a significant top in the first half of 2017.

In this article: GDX, GDXJ, GLD, OILB, SLV, TLT, UUP, XAU
A Strong Rally Tomorrow?
1 year ago

Hi Gary - I agree that the destiny higher is sealed. My cycle work is at a critical turning point, and if prices are going to correct even further, we will know soon. What a fantastic opportunity to invest if they do!

In this article: GDX, GDXJ, GLD, OILB, SLV, SPY, UUP
Miners Are Making An “Outside Reversal”
1 year ago

Hi Aleh,

Precious metals and miners are currently at a fork-in-the-road. The bullish view would have a low form around this level followed by a rally above $26.00, and then to new highs. However, the bearish view maintains a breach of the October lows followed by a 30% decline into January/February. The direction they take likely hinges upon the US Presidential election results. Therefore, I would hold off on investing in miners (GDX is a diversified precious metal mining ETF) until we know what track prices have chosen.

In this article: GDX
The 8-Year Cycle In Precious Metals
1 year ago

Hi Cynthia,

No- I haven't noticed much deviation. Sometimes the cycle arrives before the election but more often than not just after. However, this cycle may have terminated early because of negative interest rates in Japan, Germany, Switzerland, etc. The month of November is key: If gold prices are unable to sustain a move above $1,315, then we risk rolling over and dropping into the standard 8-year post-election timing window.

In this article: GLD
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