If you are reading this, it is because you have followed my gold forecasting for some time and you also realize we are at A SUPER CRITICAL INFLECTION POINT for both gold and silver as precious metals attempt to reclaim their rightful position in global asset allocations. That is to say, the possibility for wealth accumulation in the incoming 7-year window in the precious metals market is a "once-in-a-generation" opportunity.
I am writing this because the opportunity is so gigantic that it is too hard for me to walk away from this and I would regret it for the rest of my life should it come to pass and I did not express my view on it at the outset. So for the people who have followed me in the last five years, I am here to finish this journey with some preconditions.
But before all of that, let's clarify where we are first. Like usual, I will add as we go. However, be aware that I am much less concerned with daily price action as I usually am. At least until I have resolved "the silver question" first. And let me be absolutely clear, as of RIGHT NOW THIS IS STILL UNRESOLVED. I would be lying if I said it was resolved. I would also be a fool if I didn't recognize the the counter argument. So let us get everything worth saying on the table. Will add soon.
I am writing this because the opportunity is so gigantic that it is too hard for me to walk away from this and I would regret it for the rest of my life should it come to pass and I did not express my view on it at the outset. So for the people who have followed me in the last five years, I am here to finish this journey with some preconditions.
But before all of that, let's clarify where we are first. Like usual, I will add as we go. However, be aware that I am much less concerned with daily price action as I usually am. At least until I have resolved "the silver question" first. And let me be absolutely clear, as of RIGHT NOW THIS IS STILL UNRESOLVED. I would be lying if I said it was resolved. I would also be a fool if I didn't recognize the the counter argument. So let us get everything worth saying on the table. Will add soon.
Note
06/03/2025 - PLEASE SPREAD THE WORD FOR ME1) please like/boost this post
2) please refer this work to people who are interested
3) because despite reaching the height of my forecasting ability
4) I cannot continue indefinitely if this work does not lead to a career
5) the best you can do to help, is raise awareness/views of my posts
6) once again thank you for your help
Note
22) in chart above 23) that is if and only if we consider gold by itself
24) in this situation
25) we can no longer do so because we have a conflict
26) between gold and silver
27) that requires silver to move to 44+ in...
Note
33) 06/03/25, 6:34 PM ET, SO LOOK AT CHART AT TOP 34) I marked with 2 RED LINES ONE BOLDED, ONE DASHED
35) at what happened IN THE ONLY SCENARIO WE HAVE IN HISTORY....
36) where gold broke out massively
37) and silver actually dropped in that window
38) this marked first the silver high and then the gold high in 2011
39) this is why the past two months have been so annoying to me
40) because this fits further into the popular "reset" thesis with SPX dropping by 45-55%
41) and gold dropping 1000 to test its 45-year line that...
42) on this scale of time, has not been tested
43) am I supposed to believe gold move for 5100-5200 without testing 45 year line?
44) because since gold moved from 1610 in November 2022 to 3500
45) silver moved from 17.xx to 34.xx almost 35
46) so silver is saying now that it's moving for 38.xx in June, 39.75 in July, vol in August
47) but followed by 44 in October to what looks like 48.50 in November
48) but again if I have to call it, I would say 51.50
49) what that means is gold will go to 5000+
50) I would put gold at 5175
51) why is this important?
Note
52) THIS IS A SERIOUS SERIOUS TECHNICAL DISAGREEMENT 53) that has produced one outstanding view...
54) a bearish case FOR EVERYTHING AS A LONG TERM RESET
55) with SP500 dropping 45-55% and gold dropping 1000, 1100, or more etc...
56) but I have been writing been about that "1000" point reversal since December
57) AND TODAY I HAVE EVIDENCE FOR GOLD 5175 AND SILVER 51.25 THIS NOVEMBER
Note
58) 7:26 PM, back in January-February window if you remembered59) my very first reaction to gold's break of 2790 ceiling was to call the daily route to 2950-ish
60) during which I stated that this would mean gold's high for this rally is 5100
61) and then ball-parked it at 4700-5500
62) but having all gold's explosive routes past 3850 shot down before
63) I stated that I would make price action prove it
64) I am at that juncture where I can call gold 5175 in November with strong conviction
Note
06/04/25 - 1:11 AM ET NY time and 13 hours ago BofA came out with its dual 4000 gold 40 silver in 2025 forecast...65) I am not impressed because that's the easy call...
66) calling gold for $4000 after it tagged 3500 and got bought successively at 3150 and 3240 and 3330....
67) it would obviously make 3760-3770, and natural extensions would bring you to 3970
68) at 100:1 that would mean $39.70 silver
69) now if they call it in July or even August, I would be impressed
70) meanwhile...
Note
10:05 PM ET, NY time, 06-05-25, I don't like what happened with gold today...1) it failed to hit 3410, which in itself not terrible
2) but the the drop to 3340s again is a signal for something else
3) and this despite silver's move to 13 year highs
4) what gold is saying is that ...
5) NOTHING PAST 3765 is obvious this month, or July, August, September, October....
6) so I started at the top describing gold's chart
7) and BY ITSELF, it's still saying the same thing
8) so be aware
9) in the mean time, 3760 should get hit in June
10) but I could see how this could get pushed "sideways to up" into mid-July
11) long story short
12) we are going to have to see
13) which chart is right come end of June and into July
14) for the record, until silver crushes gold's momentum on the way up
15) we cannot say gold has to respect what silver is saying it's going to do...
Note
16) furthermore, if we move to 3500 come Sunday night or Monday17) I see this hitting 3525-3535 before stalling
18) maybe even a bit more
Note
8) the case of red vs black in chart above9) can only managed "continuously"
10) I am not doing that, but at 8:51 AM ET NY TIME, BLACK IS BASE CASE
Note
3:22 PM ET, SUNDAY, 06-08-25, all around update1) first, I will not update continuously intraday
2) so please don't send intraday questions
3) I will simply ignore them
4) second, Friday ended up with red route
5) the problem is that silver did not complete its check down
6) we know that despite what silver is doing
7) and what it says its going to do
8) meaning 38.50, 41.50, and a 45.00 as the outlier...
9) we know gold will not respect silver strength
10) so IMMEDIATELY that means that gold's floor is 3235
11) I noted before Thursday that if gold held under 3350-60
12) that meant a route to 31xx was possible
13) however unlikely
14) but gold did hit 3405+... before checking down
15) so the realistic floor is 3235
16) and bears have 16 hours to tag or its not going to hit...
17) so gold looks like this:
Note
18) I had noted previously in last post19) that hold would have trouble with 3400-3410
20) before higher and higher
21) but with silver taking no prisoners
22) it was difficult to call for lower than 3333
23) unless that moved was covered continuously
24) I had also said that
25) 3750 would hold for June July August September and October
26) let's make that 3775
Note
27) that 3235 should be 3245, just a tad higherNote
28) and that's an IF inside 16 hours or around NY OPEN mondayNote
3) so what does that mean for us??4) it means that $25000 gold and $700 silver for year 2032 ...
5) is off the table
6) because August 2026 would be an extreme for both metals
7) on very long time scales
8) that I have to believe that gold would need a 10 year correction
9) before moving for the final run to 25000
Note
10) so what we have in front of us is the blow off for this cycle11) which began in January 2016
Note
12) in chart above, silver is a "get in now"13) with few realistic check downs for re-entry
14) the notable part here is silver has a June high WITH another high in August
15) the next big check down doesn't like it will happen until $44 to $48
16) for example: $48 to 41.50 in October
Note
4) continuing in chart above on 06-10-25, 2:21 PM ET5) first silver on the right, the arrow points at $37.50 worst case scenario in October
6) price is trading UNDER THAT NOW
7) so hence, the entry for silver is BASICALLY NOW
8) for gold, it's going to be a complicated few months
9) I am looking for an irregular quad top
10) the specific thing is, FROM HIGH TO LOW
11) gold should CORRECT MORE THAN SILVER
12) about 6:5 in percentage terms
13) so for example if gold corrrects 18%, then silver would correct ONLY 15%
14) I this scenario is not what I thought it was going to be
15) meaning some setup for a really long run to 25000 and 700 respectively
16) so that's a wrap for this, I won't update again until 6/25
Note
17) one more thing to watch out for18) when gold and silver diverge, it's generally a bad situation for the one going down
19) I recognize this, so with today's close at 3322.xx
20) the level you want to go in is 3333 with t a stop RIGHT BELOW IT
21) especially if this remains the case until 8:30 AM 6/11 (CPI RELEASE tomorrow)
22) I added this because I see the need for continuous coverage for the next 18 hours
23) so be aware
Note
6/11, 8:12 AM ET, 3333.XX AND I HATE THIS LOOK NOW, here's what it's trying to say1) the odds no longer favor this route
2) so if CPI reaction forces under 3333
3) this means 2877 DUE JULY 30TH FOR GOLD;
4) so almost 18% correction
5) that implies silver would move to 31.45
Note
6) this has the effect of squeezing the calendar forcing the highs to come IN MARCH 20267) so the highs would change like this:
8) gold would cap at 6655 in March 2026
9) and silver, hold on...
Note
10) $144.55 in March 202611) that places gold's entry END OF THIS SEPTEMBER
12) EVEN THOUGH THE LOW COMES END OF JULY
13) nothing would happen July to September
Note
8:32 AM, REACTION TO CCPI at 3349.xx, 14) so it looks like we have a decision
15) but gold is late, so it if it wants to keep 3775-3100-7250 route
16) it must go vertical up today, tomorrow, Friday, and Monday
17) to catch 3575
Note
18) but gold is trading 3355 above 333319) yeah, and it needs to keep going to prevent blue outcome
20) there's only 2 outcomes left
a) bull case means 3775-3100-7250
b) bear case means 2877-6655
Note
21) that means silver SHOULD DO THIS: Note
22) so that's a wrap for this post 23) if those targets hit, I will see you END OF SEPTEMBER
Note
24) that post is what needs to happen for me to get involved in September25) I am not going to update it
26) if it hits, see you in September
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.