Wheaton Precious Metals Corp., a mining company, primarily sells precious metals in Canada and internationally. The company sells gold, silver and palladium minerals. It has agreements for 20 operating mines and 9 development stage projects. The company reported adjusted earnings of 33 cents per share in the fourth quarter of 2020 final figure that increased...
The media has recognized and confirmed what we have been warning about for some time, that inflation was on the way. Well it is finally here. ‘The accommodative/bailout policies of Greenspan and his protégé Bernanke as figureheads of federal intervention and involvement into financial and monetary affairs and their ability to arbitrarily yield federal power have...
In some ways I feel this is a conservative estimate, and on the other hand it could get caught up on a lot of resistance on the way there. Nevertheless, gold has recently made a clear breakout of it's multi-month consolidation period (red lines), aka bear flag that started a few years ago. If this is the case, it is likely to continue a similar uptrend (green...
GOLD is overall bullish trading inside the red channel so we will be looking for Trend-Following Buy setups as (if) it approaches our lower red trendline. Knowing that GOLD can still trade higher from here, to test the upper red trendline. Here are the two strong zones where I will be looking for high probability setups: I call them War Zones, (highlighted in...
The fed will likely force a deflation crisis to protect the dollar soon imo...
Platinum looks the strongest, then silver and gold still needs some more work to do.
Silver leaves nice bullish clues this morning. The market has reached a support line of a rising channel on 4H. Moreover, the price has formed a local consolidation range and broke that to the upside. Now I expect growth. Next goal: 27.5 ❤️ Please, support this idea with a like and comment! ❤️ ⬇️ Subscribe to my social networks! ⬇️
Currently Gold is in a pretty bad spot right now despite the fact that it seems it wants to go up. It is below all key moving averages, has broken key support levels and there is a double/triple/quadruple bottom (depends on how you see it) that wants to get broken. Now this idea kinda contradicts my previous idea because if bonds go up, most likely Gold will go...
Looks like Platinum outperforms both gold and silver at this point and time. I am long all 3 metals
Might possibly have one more leg up.
Price of silver could double and still be within recent historic gold:silver ratio lows. #silversqueeze
Gold has reached a major supply zone at 1794 and bounced off it showing that buyers are losing momentum. Overall, on a bigger timeframe you can see that Gold is now in a downtrend and this current surge to the upside is nothing more then a retracement as market will need to grab liquidity before moving down again. It is possible market can move further up to 1820...
Similar to my latest Gold Chart, I believe that the final impulse (sub) wave of the first leg up will lead us into a correction before or just after breaching 28.5. This will be underway with a breach of 26.3 (confirmation) and then 27 (participation). Correction at the top will be deep (~25.8), as it will be part of wave two. The first (non-believer) selloff in...
Coffee is one of the most consumed and traded commodities on earth, and it's price is about to explode! FUNDAMENTALS: -Despite quadrillions of currency units (DEMAND) created over the past 50 years, coffee prices are only slightly higher...this is because of the massive amount of coffee production around the world (SUPPLY) keeping a ceiling on prices. Debased...
DXY is set to hit new highs before it crashes. This is going to crush all the noobs that are buying into this inflation narrative that the media is pushing. Best time to hold cash right now for the best opportunities ahead imo. CASH IS THE BEST OPTIONALITY THERE IS. HISTORY TELLS US THIS. NOT GOLD OR SILVER. AT LEAST NOT AT THIS MOMENT OF TIME. ALL THESE LITTLE...
Silver, up trend is continue. Do this ...
Gold just made a new 2-month high that indicates the end of the bull flag that started last August. It appears likely to continue to the 1900 level over the next couple of months. Depending on geoeconomic factors it may stall there or simply continue a 100% move to the 2600 level. This is not financial advice.