Loading ...New Gold & Silver Targets
The charts are now, slowly turning positive. New, much higher targets for gold and silver for the summer rally. I was looking for a positive June, July. That may have been pushed to more of a July, August timeframe, BUT the big news is the targets are much higher. Gold targets, 1900(my original target) followed by 2000. Silver 23.50(my original target) followed by 24.75 and then 27. Maybe, nothing happens until the calendar flips to July. That is a week from Friday. Use any weakness in these remaining days of June, to get All In!
Sir CM,
Gold showed its true safe haven status over the past few weeks.
The bankers’ suppression of any 1-2-3% spike is losing its mojo.
I have never paid much attention to the COMEX positions’ significance.
IMHO this aligns with what you are forecasting …
https://twitter.com/DerGoldreport/status/1538801749590523905
GL
I agree, been building out a position in silver stocks and royalties. Mon 27 Jun is gold options X so it might get deferred until after this event.
Any oversold names, Sir Plunger?
Any that are not oversold that you are buying which you see jumping more than some oversold ones?
I have seen relative strength in BBBXF, SBLRF, SZSMF lately. Did not buy any more at their respective recent lows, but on hindsight, I should have.
GL
GL, You might look into Michael Ballanger’s favorite and largest position, Getchell Gold(GGLDF)