Here is what you want to watch when gold and silver prices retreat.
Another Email From A KWN Reader
September 30 (King World News) – Email from King World News reader Michael Holler: Hi KWN! My name is Mike Holler. I am 76 years old. I just read the email from Kevin W posted 9/29/25. He is singing my song. You folks have done a great job of explaining how gold and silver function in our economy.
When I was little, back in the 1950s my mother would give me a quarter and send me to the bakery in our little Colorado town. With that quarter, I would buy two loaves of bread and get change back (which mommy let me keep). Today with the silver that was in that quarter, I can still buy two loaves of bread. The older I get, the more I am impressed by that fact.
Thanks to you all! Keep up the good work. Some of us are listening.
Mike
The Golden Slingshot
Graddhy out of Sweden: Gold is in a 45-year parabolic slingshot-move.
Moved 64% (..!) since I shared the blue breakout in chart.
KING WORLD NEWS NOTE: $15,000 PRICE TARGET: Gold’s Massive Multi-Decade Slingshot
Hope you caught the whole move.
When the chart looks right, it probably is.
Target is $15,000 since years back, and might raise it further.
It is happening NOW, not later…
Listen to the greatest Egon von Greyerz audio interview ever
by CLICKING HERE OR ON THE IMAGE BELOW.
Stay Focused During Gold’s Huge Up-Move
Graddhy out of Sweden: I got many questions about the COT (COT = Commitment Of Traders Report) during gold’s huge up-move the last 20 months. Many were contacting me about that other analysts were focusing on it and saying gold looked very bearish and would drop. It did not.
My experience is that the COT does not have the best track record at major turns. And it is not a good tool to use during larger up-moves either. This is simply because if you follow the COT, you follow what others are thinking and doing, and most have to be wrong all the time for big moves to happen.
During the last few decades, I have systematically tried all meaningful technical tools out there, and I have only kept around 10-15% of everything I have ever tried. And, to be honest, my experience with the COT tool is that it is fairly useless at major turns, which is where it is supposed to be the most useful. For example, at the gold 8 year cycle lows back in 2008 & 2016, they were still overwhelmingly short a long time after the two major lows where confirmed with other tools. So if one followed COT back then, you missed each major low by a mile.
And, where I called the big breakout in gold, I even referenced the COT and said that it cannot be trusted.
Also, following the COT is following someone else’s opinion on where price is going. And since sentiment needs to be at the wrong extreme at major turns for the turn to happen, most have to be wrong at major turns. Furthermore, following someone else’s opinion as a technical analyst does not make any sense whatsoever, if you know what you are doing.
We go our own way. And we do not copy other analyst’s chart ideas (which is very common, and my charts plus notation style is copied a lot). We are not copycats. Plus, we never move the goal post.
The result of all this, and more, is in the chart below. Decades in management consulting taught me to focus on what really matters, plus real evidence, improvement, facts and results.
KING WORLD NEWS NOTE: BIG MOVES: You Must Be Strong Mentally To Catch The Really Big Moves In Major Markets
Silver Preparing To Explode Above $50
To listen to James Turk discuss his price targets for silver as it prepares to explode above $50 as well as what to expect from gold and mining stocks CLICK HERE OR ON THE IMAGE BELOW.
JUST RELEASED!
To listen to Alasdair Macleod discuss silver approaching the $50 all-time high set in 1980 as well as gold’s surge along with the mining and exploration stocks CLICK HERE OR ON THE IMAGE BELOW.
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