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I think gold can go a lot higher in the next few weeks, likely to a new all-time high.
That being said, I think a large pullback will play out that will bring gold back to its then rising 100 day moving average (this will constitute the next intermediate cycle low), which should probably be around $1980 to 2000. That’s target is just a guess though.
I also think while gold will be making higher highs and higher lows, it could be until the middle of 2024 until we kiss the $2100 level goodbye for good.
I am hoping that this bull leg lasts at least 2 years. There is a chance it could last up to 4 years, which would be better for the miners IMO, since they tend to start discounting major tops in the metals sometimes months to a year earlier.
Enjoy the ride Sir Naut
speculating is fun but Personally I thin we take off for the Moon now
I am not planning on trading at all during this run within the two year window that started in October.
I am going to play it completely by ear thereafter.
The only trading I’m doing is in options. The stocks are sitting tight. Like a drum. Unless, of course, this is yet another false flag operation designed to clean our financial clocks once again.
If “we take off for the moon” now, we might be the first humans to make it there!
Soon after it was written, I happened upon a lengthy but entertaining account about the moon project. I happened upon it for good reason, because like so many other well-known ‘facts’, there are so many things about the moon landings that don’t make sense. I still don’t know what actually happened, but I have no need to believe or disbelieve that we went to the moon.
For anyone interested in taking a deep dive into Dave McGowan’s work, here are links to his ‘Wagging the Moondoggie’ series and some other related stuff, with much more stuff that can easily be found if that isn’t enough!
https://centerforaninformedamerica.com/moondoggie/
https://www.youtube.com/watch?v=frjaJWkI1u8
https://centerforaninformedamerica.com/laurelcanyon/
https://www.winterwatch.net/2022/06/laurel-canyon-military-intelligence-family-backgrounds-of-the-iconic-60s-counterculture-rock-stars/
Jeff Childers wrote a piece today about the Moondogle …lots of folks skeptical
https://goldtadise.com/?p=601326
There you go again with that damn jinx thing you do.
All bets for “to the moon” are now cancelled.