A large financial & currency crisis is looming that should see the Nasdaq bottom around 80% from the top. The march 2022 bull trap rejected around the 30 week moving average and I am very confident in this forcast.
next few year outlook on the HUI
My 5-7 year outlook. Amazing fundamental and technical picture for precious metals and for the gold & silver mining companies. They are very undervalued relative to the underlying metals they mine and the fundamental picture gets better and better. They're growing cash flows and making very large margins of over 35% on average. Inflation is here and the Federal...
My 5-7 year outlook. Amazing fundamental and technical picture for precious metals and for the gold & silver mining companies
My 5-7 year outlook
Downtrend Break & Horizontal Breakout
This indicates long term outperformance of Gold and Silver Stocks against Gold!
The Bond Market will continue to sell off as this inflationary cycle continues! These are my next target but I think this is just the beginning.
This commodity index has broken multiple downtrends and is now taking out the horizontal resistance that goes back over 20 years! Explosive moves ahead. The MACD contains bullish divergence while the RSI hasn't been this high since 2011!
The combination of bearish technicals and bearish fundamentals cause me to believe the next US Dollar bear market is underway. The combination of massive fiscal & trade deficits will drive the US dollar much lower!
Gold should outperform the s&p500 based on this trendline and the TRIX crossing the middle line indicates a large trend change!
Potential Roadmap for the Gold Juniors over the next 18-24 Months!
Expected future outlook for the HUI using trendline analysis