Melt up: gold and silver soar, triggering a new Dow Theory bull market signal on 4/2/24
posted on: April 3, 2024
SIL and GDX are also in a Bull market since 4/3/24 Overview: On 4/3/24, SLV finally surpassed its 12/1/23 closing high at 23.33 and confirmed GLD, which had breached its 12/27/23 highs on 3/1/24. So, now, according to the Dow Theory, a primary bull market in gold and silver has been signaled. Today, 4/3/24, SIL […]
Unveiling the current trend: Primary bear market for gold and silver miners ETFs signaled on 2/28/24
posted on: March 4, 2024
Bitcoin soars, gold rallies, but silver and gold and silver miners refuse to confirm Overview: Despite the rally that gold has experienced in the last few days that brought gold to higher highs, the primary trend remains bearish because silver has refused to confirm. If/when SLV surpasses its 12/1/23 high, the primary trend would shift […]
Unforeseen CPI Jump Rattles Markets: A Deep Dive into Gold and Silver and their New Bear market signaled on 2/13/24
posted on: February 15, 2024
Gold and Silver are in bearish trends according to the Dow Theory Overview: On 2/13/24, January’s Consumer Price Index (CPI) exceeded expectations, triggering significant market upheaval. The Headline CPI saw a 0.3% month-over-month increase compared to the previous month’s 0.2% rise. This unexpected development led to widespread turmoil: Stocks plummeted. Precious metals and their mining stocks […]
Gold’s Downturn? Dow Theory Signals Market Risk Ahead
posted on: February 6, 2024
Setup for a potential primary bear market for GLD and SLV completed Mark Hulbert, known for his keen market timing insights on MarketWatch, recently shared concerns about the longevity of the current gold bull market in this article. It’s worth noting that excessive bullish sentiment can sometimes signal a bearish outlook. Check out his 2/5/23 […]
Primary bull market for SIL and GDX signaled on 12/27/23
posted on: December 28, 2023
The table below summarizes the current state of the trend for the precious metals and their ETF miners. There’s a buzz in the air about the USD. Precious metals making notable strides, the Swiss Franc following suit, and both stocks and crypto appear overextended but with a clear eagerness to climb further. General Remarks: In […]
Setup for a potential primary bull market in SIL and GDX completed on 12/11/23
posted on: December 12, 2023
General Remarks: In this post, I thoroughly explained the rationale behind using two alternative definitions to appraise secondary reactions. GOLD AND SILVER MINERS ETFs A) Market situation if one appraises secondary reactions not bound by the three weeks dogma. The primary trend for GDX and SIL turned bearish on 6/20/23. You may find an in-depth […]
Dow Theory Update for November 30: Secondary reaction for SIL and GDX signaled on 11/28/23
posted on: November 30, 2023
General Remarks: In this post, I thoroughly explained the rationale behind using two alternative definitions to appraise secondary reactions. GOLD AND SILVER MINERS ETFs (GDX & SIL) A) Market situation if one appraises secondary reactions not bound by the three weeks dogma. The primary trend for GDX and SIL turned bearish on 6/20/23. You may […]
Primary bull market for gold and silver signaled on 11/27/23
posted on: November 27, 2023
General Remarks: In this post, I thoroughly explained the rationale behind using two alternative definitions to appraise secondary reactions. GOLD AND SILVER A) Market situation if one appraises secondary reactions not bound by the three weeks dogma. I explained HERE that gold and silver have been in a primary bear market since 6/21/23. Following a […]
Bull or Bear? Unveiling the Current State of Silver with YouTuber Alessio Rastani
posted on: November 13, 2023
In our latest episode, Alessio Rastani and I discuss the current state of the silver market. After rallying from its October lows, silver has experienced a recent pullback, prompting us to analyze whether the silver chart is currently exhibiting bullish or bearish signals. To watch the video, click on the image below.
Dow Theory Update for November 11: Setup for a potential Bull market for SLV & GLD completed on November 8
posted on: November 9, 2023
General Remarks: In this post, I thoroughly explained the rationale behind using two alternative definitions to appraise secondary reactions. GOLD AND SILVER A) Market situation if one appraises secondary reactions not bound by the three weeks dogma. I explained HERE that gold and silver have been in a primary bear market since 6/21/23. After the […]
Dow Theory Update: The primary bear market in gold and silver reconfirmed on 9/29/2023
posted on: October 7, 2023
Gold and Silver miners ETFs (GLD & SIL) bearish trend unchanged General Remarks: In this post, I thoroughly explained the rationale behind using two alternative definitions to appraise secondary reactions. GOLD AND SILVER A) Market situation if one appraises secondary reactions not bound by the three weeks dogma. I explained HERE that gold and silver […]
Dow Theory Update for September 19: No changes in trends but something is going on with gold
posted on: September 19, 2023
All the last updates I produced for gold/silver, GDX/SIL, and TLT/IEF and the U.S. stock market remain unchanged. Markets are like a coiled spring, and the final breakout will likely carry out significant follow-through. However, while markets remain range-bound, something is going on with physical gold. I recently found a Bloomberg article indicating that Shanghai’s […]
