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Gold & Miners: Key Investor Tactics

  1. Debt worship and the simple rise of the citizens of China and India are two of the main reasons why the US government’s fiat currency is in trouble, and the trouble is likely here to stay.
  2. Please click here now. While these analysts note that falling rates can drive capital out of the dollar, rising rates can do it too… if inflation rises faster than rates or it does significant damage to the economy.
  3. Please click here now. On the one hand, Trump’s latest tariff tax “tantrum” is pretty tame; he’s lowered some of the rates.
  4. On the other hand, those taxes are not making the government “rich”. Ominously, they barely cover 20% of the government’s monthly interest payments.
  5. Please click here now. Wharton analysts suggest the US government has about 20 years before the debt problem becomes “unfixable”.
  6. Please click here now. Click to enlarge. The dollar has broken down from a broadening formation on the monthly chart.
  7. Broadening formations suggest a loss of control in the market, and the US government has clearly lost control of its financial situation.
  8. Horrifically, the above chart is simply that of US fiat versus other government fiats.
  9. Please click here now. Click to enlarge. When viewed against the supreme currency, gold, it’s clear that the US government doesn’t have 20 years to fix its debt problem.
  10. The time to do that was 50 years ago, and the government failed. The dollar is now in a never-ending death spiral against gold… and so are the rest of the fiat currencies of the world.
  11. What is the solution for a person who is gagged and tied to a terrorist’s chair… when the terrorist tells them it’s time to die? Unfortunately, there is no solution, and that’s akin to the situation the world’s fiat are experiencing today… with “Queen Gold” holding the gun.
  12. Even if a miracle occurred and the US government did shrink itself dramatically to fix its hideous fiscal situation, the world’s focus is moving to China and India. The population there is vastly bigger, and the citizens love gold.
  13. In the “fabulous fiat fifties”, investors had to work on getting more fiat by investing in America, because its spectacular growth was the biggest theme in the world.
  14. Today, the focus needs to be on getting more gold, because that’s the focus of the huge populations of the new “growth engine” nations of China and India.
  15. Please click here now. Click to enlarge this fabulous daily gold chart. A bullish consolidation is in play, and the target is a closing price of $3650. An intraday high of $3700-$4000 is likely to be hit as gold breaks out and begins to rally.
  16. The $3300 zone is a decent area for small fresh buys.
  17. With gold looking so strong, investors need to take a close look at the miners. On that note, please click here now. Click to enlarge this weekly CDNX chart. The inverse H&S base pattern is helping to create one of the most bullish setups in the history of markets.
  18. Many individual component stocks trading in the sub 10 10cents/share zone could become not simply “ten baggers” but hundred baggers… and more.
  19. Clearly, junior stock investing isn’t for everyone, especially with size, but as the gargantuan gold bull era rollout continues, these miners look set to outperform everything.
  20. Please click here now. Click to enlarge. Senior mine stock enthusiasts should like the bullish technical action:
  21. A 14,7,7 series Stochastics oscillator buy signal is in play, and while the price action around the $55 area highs looks timid, a close above $3440 for gold could see GDX surge to $65, and perhaps to as high as $85.
  22. Please click here now. Click to enlarge. The mathematical target of the C&H pattern is about $60 but…
  23. Patterns of size that are incredibly aesthetic (like this one!) tend to see the price rally significantly above the target zone.
  24. With silver, platinum, and palladium all finally beginning to move like gold, metal bugs of the world are in great spirits, and rightly so. The miners look ready to stage a spectacular “seasonal inversion” rally, where rather than swooning into October, they surge (basis GDX) to all-time highs!

Thanks!   
Cheers
St

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