I came across your work via Vince, and am a subscriber to your gold / silver / mining service. I would love to hear of any assumptions you make about us (your readers), and anything you want us to keep in mind when reviewing your work. What results do you most want / expect to be judged by? Thanks Justin
Back in August (360 Weekend Report August 18, 2024) MSA noted that a "normal price chart game" suggested resistance above $3000. It would seem the masses (CTA et al) are reacting as if that's the case. Yet, as MSA noted in the next paragraph, it's noted that gold moves in eight-fold moves (starting around $1050). Does MSA still believe the short-term outlook in gold will chop about, and how might the next five-fold moves...unfold, as it were?
I always see Michael talk about and show charts re: gold and silver. Would be interested to know his thoughts on and expectations re: platinum as the chart continues to show a narrowing price range. Thanks.
Q: If I believe gold could be range bound (or flat to lower) for some time here, but I still want to hold my miners — is it logical to hold a short in the Greyscale Bitcoin ETF against them?
Not sure if this is in your wheelhouse.... One of the largest policy changes of our lifetime is supposedly being discussed amongst Trump's economic advisors Miren, Lutnick, and Bessent know as the Mar-A-Lago Accord. Talk is that this could establish a sovereign wealth fund that would spark a sea change in our economic policy. Gold, besides other US assets, would be one of the funding sources for the SWF. The SWF could have 'bank-like' abilities. Gold wouldn't need to be revalued, just marked to market. With Treasury’s gold reserves valued at $841 billion at current prices ($2,850/oz), using this gold to capitalize the SWF could create $8.4–16.8 trillion in lending and reserve buying power. (To buy Tsy's and weaken the dollar?) Can you comment on what you know about this?
Q: In one of your podcasts last year, you stated that during significant market crashes/events, gold miners would not participate in this crash, or if they do, the percent drop of the miners will be materially less than the broader markets. Can you re-outline the evidence that supports this view?
Hi Michael,
I came across your work via Vince, and am a subscriber to your gold / silver / mining service. I would love to hear of any assumptions you make about us (your readers), and anything you want us to keep in mind when reviewing your work. What results do you most want / expect to be judged by? Thanks Justin
Hi Michael,
Back in August (360 Weekend Report August 18, 2024) MSA noted that a "normal price chart game" suggested resistance above $3000. It would seem the masses (CTA et al) are reacting as if that's the case. Yet, as MSA noted in the next paragraph, it's noted that gold moves in eight-fold moves (starting around $1050). Does MSA still believe the short-term outlook in gold will chop about, and how might the next five-fold moves...unfold, as it were?
I always see Michael talk about and show charts re: gold and silver. Would be interested to know his thoughts on and expectations re: platinum as the chart continues to show a narrowing price range. Thanks.
Q: If I believe gold could be range bound (or flat to lower) for some time here, but I still want to hold my miners — is it logical to hold a short in the Greyscale Bitcoin ETF against them?
Thank you.
Full disclosure — I got semi lit up by David Levenson when asking him this question today.
Ready for round 2 with Michael / Vince. Lol.
Sorry to be a Muppet on a Friday Evening in England but please share how I dial in to this/these session(s). Thanks!!! Brian
link will be resent to founders again tomorrow
Not sure if this is in your wheelhouse.... One of the largest policy changes of our lifetime is supposedly being discussed amongst Trump's economic advisors Miren, Lutnick, and Bessent know as the Mar-A-Lago Accord. Talk is that this could establish a sovereign wealth fund that would spark a sea change in our economic policy. Gold, besides other US assets, would be one of the funding sources for the SWF. The SWF could have 'bank-like' abilities. Gold wouldn't need to be revalued, just marked to market. With Treasury’s gold reserves valued at $841 billion at current prices ($2,850/oz), using this gold to capitalize the SWF could create $8.4–16.8 trillion in lending and reserve buying power. (To buy Tsy's and weaken the dollar?) Can you comment on what you know about this?
Q: In one of your podcasts last year, you stated that during significant market crashes/events, gold miners would not participate in this crash, or if they do, the percent drop of the miners will be materially less than the broader markets. Can you re-outline the evidence that supports this view?
Hello sir, thanks for joining us, can the dollar keep rising ( stay high ) with 10 yr seemingly falling?
Thanks for the opportunity to ask:
1) has the recent drop in the main indices triggered something bigger to the downside is coming? If so, soon?
2) same question for gold & silver
3) as I understand, your momentum analyses can help identify set-ups for breakouts up or down. Can they identify targets for moves/trends?
4) last question, in your analyses do you see any divergences hinting at major turns setting up?
(I’ll be sleeping in Thailand during your live video, but look forward to watching it later - thanks!)
Mr. Oliver,
Your opinion on the current status of the European Central Banks Balance sheets? In regards to Precious Metals... Tks
Jake