• 5 hours Rhodium Climbs Reaches Record Highs
  • 22 hours Tesla Tumbles After Battery Day Fails To Impress
  • 1 day Three Energy ETFs To Watch This Decade
  • 2 days What To Do With $2 Trillion In Suspicious Bank Transactions?
  • 3 days How The Stock Market Predicts Electoral Victory
  • 3 days Tesla's "Battery Day" Could Deal A Blow To Cobalt Miners
  • 4 days New TikTok Deal Hopes To Bypass National Security Concerns
  • 4 days Where Will Gold Go From Here?
  • 5 days COVID-19 Is Fueling A Pastic Waste Crisis
  • 5 days Gold Output Set To Decline
  • 6 days Uber And Lyft Look To Go Electric
  • 7 days COVID-19 Is Crushing Palladium Demand
  • 8 days This ‘Once-Boring’ Tech Company Is Now Super Hot
  • 9 days Will Air-Based Protein Be Our Future Food?
  • 9 days Google Pledges To Go Carbon-Free By 2030
  • 10 days A New Twist In The TikTok Saga
  • 10 days Gold Inches Closer To $2,000
  • 11 days Delivery Drones Are Coming Sooner Than You Think
  • 11 days Traders See More Volatility Ahead For Commodities
  • 12 days How COVID-19 Is Transforming The World's Sovereign Wealth Funds
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

The Short Term Bottom In The Precious Metal Sector Is Almost Here

This Monday we will see a sharp drop in the metals. I expect GDX to hit 20.5 (or a little lower). Gold and silver will probably retest the late June lows. The good news (for the bulls) is that this will mark a short term bottom. By 1/5/2014 I expect GDX to go to 25-27 by that date. I expect GLD to go to around 130 and SLV to about 22.

After that I expect another retest of the lows by 2/11/2014. From there I expect another sharp rally to about the same point as 1/5/2014 with GDX to 25-27, GLD to about 130 and SLV to about 22. After that I again see another correction but am not sure how low it will go. So it seems we may be forming a large base from here that will last until July of next year. Then (and only then) will we be "off to the races" higher. Then there will be a long and powerful final (and eventually parabolic) 5th leg higher. These predictions are based on my analysis using vedic astrology.

This info is for traders. Of course if the gold/silver is not in your posession -- YOU DON'T OWN IT.

 

Back to homepage

Leave a comment

Leave a comment