PaulDeep19131

PaulDeep19131

Gold is getting closer and closer to a potential larger break-out. The 44-45 day fractal is getting closer to completion and a close above or at 1578 would lead to further confirmation that the upside momentum has swung to the upside. Gold continues to find support and buyers at the 1565 level. Only a US daily close below 1560 could indicate (confirm) further...

PaulDeep19131

Silver will begin to work on the almighty Gold:Silver ratio that has been "out-of-whack" for many years. At this point in the near-term, specifically in February and March, I believe we will see an 80:1 ratio before a slight seasonal bounce come April/May/June. As we butcher our way through the latter portion of 2020, Silver will work on the ratio once more in a...

PaulDeep19131

The TSX has broken out of its range clearly, in early 2020 where the TSX has risen quite comfortably and has been one of the better performing indices thus far in 2020, around the world. The TSX will likely fall at some point in the near future to roughly 17400, however, the reaction of whether it follows its current longitudinal channel and thus bounces off that...

PaulDeep19131

Despite the market still remaining in a bull run until roughly the 4000 level on the SPX it appears the market is now looking for a reason to attempt a "real" sell-off based on many indicators. While last weeks sell-off was quickly erased by over 600B of liquidity from China, I believe that action artificially increased sentiment for algos bots to buy off of, but...

PaulDeep19131

Gold is currently undergoing a 44-45 total day fractal period of somewhat consolidation within a channel similar to what we saw this past summer. What we have our eyes on now is likely a very strong pre-breakout technical pattern that will ultimately break to the upside as early as next week. Based on many key indicators and technicals it appears that broader...

PaulDeep19131

Remember when Tesla was just $180.00 and Wall.St thought it was going to 10.00? Yep that was a prediction by some 'experts'. Now we have seen the stock form a massive shooting star and it has since retraced which was expected. Originally, Tesla was in a broadening wedge and eventually broke-out. As volatile as it is, the stock is still somewhat 'safe' UNTIL it...

PaulDeep19131

Around Christmas time I made two bold predictions: JNUG and USLV would be sharply higher by April (or before) and my prediction still remains. It appears both Gold and Silver have held support and are mirroring the move from this past Summer where both failed a break-out, maintained support, consolidated, and are now grinding higher slowly before a large...

PaulDeep19131

It seems that companies love going public when their balance sheet is absolutely abyssal. Nearly every company that gets exposure - PTON, FVRR, CHWY - and an additional list longer than a Lord of the Rings novel seeks money in desperation for a poorly run business where profit is no where to be found. Casper is in one of the most extremely competitive sectors...

PaulDeep19131

Despite the Coronavirus still well underway with no signs of letting up, it appears the recent injection of 175B yesterday and another 400B today from China is improving the "sentiment" (for the artificial good) of the broader market. This injection has came under the expense of Gold and Silver (particularly Gold) which has now undergone a mid-cycle correction....

PaulDeep19131

Investors must remain extremely careful and avoid investing in equities right now unless you are betting on pre-earning plays or huge momentum stocks like Tesla. Until there is at-least some form of slowing in the coronavirus, or at-least minor containment, all you will be seeing are dead cat bounces (which happened twice last week alone). If you long equities...

PaulDeep19131

Palladium is highly correlated to the SPX movement and Palladium's parabolic shooting star was essentially formed not only from manipulation, speculation and demand, but also, basically 6 months of upside momentum in the SPX. The SPX in my opinion will likely undergo a deep correction in February and March overall - with some bounces along the way - before rising...

PaulDeep19131

Virtually set in stone: its prime time for Gold and Silver. The fallen descending wedge from early January set the stage for the next rally that we are about to see before us. What started as a shooting star into a fallen descending wedge eventually formed a cup to handle to a Pre-Fed breakdown (fake-out) into consolidation. Now, we await the rally that will come...

PaulDeep19131

Anyone that has been following my ideas around Christmas time knows that I stated the fallen descending wedge from 1610 would eventually lead to a cup to handle and eventual break-out but I noted it would likely take 3-4 weeks or so, and here we are. Resistance area for accumulation and volatility is 1580-1588. Gold will hit 1700+ sometime in March and a rapid...

PaulDeep19131

The trend is your friend. This is one of the most promising, lucrative and top junior Gold stocks on the entire stock market. In terms of operational costs, margin costs, EPS growth, profit, and pure growth outlook, this is one of the best run juniors on the market, if not the best. With little downside volatility even as Gold moves down at times, insiders...

PaulDeep19131

As I noted several times over the past several days, weeks and months, 1700+ is in the cards either by March or sometime in early March. While yesterday (January 28th) may have scared many people off as Gold dropped about 1% and Silver dropped to roughly 17.45 ( for seemingly no reason ), the reality is, this was nothing more than speculators stopping out...

PaulDeep19131 Updated 

With a likely unchanged Fed policy on-tap, continuing fear of the Coronavirus, slightly disappointing earnings for the 'most important companies', and simply, a voraciously overbought market, a correction was inevitable and its happening before our eyes. While there remains considerable uncertainty with the virus and earnings, what we can say is Apple and...

PaulDeep19131

Hang Seng and major Chinese indices are going to be tested immensely with massive selling pressure as the virus continues to worsen; latest updates show contagiousness even before individuals show any sign of symptoms which is exacerbating the worry level in China and around the world. With rising cases, it is likely the WHO will declare a global emergency and...

PaulDeep19131

Highlights - GDXJ to 50.00 or higher by March - Yields to make new record lows in 2020 - DXY to rise slightly in Q1 to early Q2 of 2020 and fall sharply mid to late year - Gold to hit 1700+ in March; Silver to hit 21.50+ in March - Gold to reach 1900+ by year-end; Silver to hit 24+ by year-end - Gold stocks to outperform every sector in the equity market when...