Gold is on the cusp of signaling a possible intermediate cycle low. A daily close above the trendlines at xxxx (subscribers only) would be a good start to confirming that.
Including 5 holdovers from last week, there are now 13 open picks on the list, all longs.
A 10-12 month cycle high is now ideally due within xxxxxxxx (in subscriber report), with a final projection of 4440 and a 13 week cycle high is ideally due on xxxxx, this week.
We know when the Treasury will run out of cash. Congress will then be forced to raise the debt ceiling.
The Treasury will need to issue immense amounts of new debt to repay the internal accounts it raided, and to rebuild its cash account. It won’t be pretty, but we have situational awareness. We’ll be prepared.
We know when the Treasury will run out of cash. Congress will then be forced to raise the debt ceiling.
The Treasury will need to issue immense amounts of new debt to repay the internal accounts it raided, and to rebuild its cash account. It won’t be pretty, but we have situational awareness. We’ll be prepared.
Gold is on the cusp of signaling a possible intermediate cycle low. A daily close above the trendlines at xxxx (subscribers only) would be a good start to confirming that.
This Friday’s screens had 27 buy signals and 3 sell signals. This indicates no thrust for the market as a whole. But it shows even…
A 10-12 month cycle high is now ideally due within xxxxxxxx (in subscriber report), with a final projection of 4440 and a 13 week cycle high is ideally due on xxxxx, this week.
Primary dealers have offset their losses of last August through February in the recent rally, and they have reduced their net long exposure somewhat since their highest levels of a year ago.
It’s too soon to tell if this is repair or consolidation, but the risks are high, and the downside targets remain in place for now.…