What is the next wave? No one can forecast the future exactly. Everyone has a different opinion. That is what makes a market. But by researching trends and investing at the right times, one can beat the market time and time again whether it is up/down or sideways. Adding tools like position sizing, using options, trailing stops according to volatility quotient for a given position, will enhance portfolio performance overtime. Ride the waves as an investor or swing trader. None of the information contained on any of the pages should be taken as financial advise as the information presented is an opinion only and and one should do their own research or consult with qualified advisors. (see disclaimer below)
Also check out the beginner guide below
https://www.youtubetomp3shark.com/5-most-useful-blockchain-videos-a-beginners-guide
G-doc: https://docs.google.com/document/d/1fk5XYRSwLy5po4fU9dH6QPnywMzlwsUgAqCCpPCFbYE/edit?usp=sharing
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Economic Thermometer
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_caoz_2.gif) |
Free Currency Charts and Indices link |
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MANY MINERS HAVE JUMPED 200% in 2016 after a 4 year correction and we have a LONG way to go up which is resuming since late may 2019 after breaking key support at 160 on the HUI, but is back in style bigtime. Select companies are working to deliver the goods both in production and/or exploration. Gold support at 1670. Resistance 1850 which would trigger new buy signal. So far that has played out with new targets now 2300-2700 into 2023. Bitcoin has strong support @9600 then 8600. Resistance 12k and small @10500 first. After that btc ran to 60-65k non-stop. Expect another buy point sometime in the spring of 2022 near 30k- 50% retracement- General market is still seeing foreign capital inflows but a fundamental shifts taking place as interest rates rise behind the stagflation narrative. Prepare for good action in the spring of 2021 and a volatile 2022. So far that has been the case- Look for some pressures to subside by summer- Oil price spikes are due to major policy agreements and geopolitical news- Play the waves and remember to sell in layers into strength and buy in layers on weakness. Trend is your friend. Don't fight it! The information could be outdated by the time you have read it and DYOR! (do your own research and consult professional advisor(s)).
What has made 16.3% per year in real terms, for the last 10 years?
1. Consider exiting all US Treasuries into strength. The US dollar is fundamentally weak but periodically will surprise the bears. Listen to what the trend is telling you. Asset prices movements and commodity swings are good gauges.
2. Consider small amounts of physical metal and selected mining equities but only those of producers or companies that have large proven resources and have zero or very low debt, and do not have the need to raise capital. Demand delivery of stock certificates in your name. This will prevent your broker from possibly plundering your stock at a later date. In the cutthroat environment that we are moving into it can be assumed that anyone who has the power to rob you will do so. For this reason gold and silver ETF's are no longer trusted - rotate out of these into "gold you can hold". Stocks can be very volatile so learn how to evaluate these properly. We have been in a bull market since March 2009 for the general markets but new investments should be geared to areas overlooked or hated and in an uptrend.
3. Buying out of favor investments in an uptrend always makes life easier because fighting the trend can be a painful way to learn some hard lessons. Always use good information sources and understand value in the marketplace.None of the information and links to other websites should be considered as advice. Please see disclaimer below.
Clearly the chart above is a clear basing formation for the mining sector and is an example of a coming positive move higher. Higher lows and positive divergence on the PPO. Many indicators were pointing to a value point and several companies made significant gains coming out of this consolidation Kl.to and Nvo.to as examples. Yes they were not in this index but with research one can look for these type of projects for the up cycle
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As you can see see the post made late 2018, the Xau index has made progress since the base in fall 2018 and broke higher in may 2019. Currently consolidating and any dips towards the 200 day moving avg is likely to hold. Longer term this chart is pointing higher. Once it clears 103 we should be entering a very strong period likely in 2020
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