If you are frustrated with the action in gold, silver and the mining stocks read this…
Gold & Silver
December 16 (King World News) – Graddhy out of Sweden: I have been saying for a year that the manipulation broke one year ago when metals had their mega breakouts.
The proof for this is in gold’s character change since then = a runaway straight up move when broke free.
Silver & Gold Upside Breakouts
And, the crawling just below MA50 on the daily chart we saw for gold and silver the last few weeks, was just normal bullish price action, and not a sign of any manipulation breaking now. It was already broken 1 year ago.
Gold and silver are today the only counterweight vs the global fiat monetary system. That is the reason metals where manipulated. And seen from that perspective, one would really expect the powers-that-be to manipulate the metals, which they also have done for decades on and off. This because gold and silver rising hugely, is a clear signal to the world that something is very wrong with the monetary system.
With the present global fiat monetary system dying, it should be obvious not to expect this precious metals bull to be easy. Expect it to be hard. Very hard. And do not get “disappointed”, i.e. emotional, understand it instead. Getting the best guidance will be critical for most in order to be able to make good use of it.
Knowledge, experience, tools and mindset will be key. As will ignoring bias, emotions, opinions and narratives. Also, macro nowadays has way too many parameters for anyone to get direction right consistently based on that alone. That leaves us with the charts, which I think is the only real edge we have left in these markets. If done right…
ALERT:
Look at which company has positioned itself to become the next K92 high-grade gold powerhouse! CLICK HERE OR ON THE IMAGE BELOW.
Silver
Graddhy out of Sweden: Many are now waking up to the fact that 2025 will be the year of silver. This chart I have been posting for a year, has been saying that all along.
Patience
Graddhy out of Sweden: Some analysts are bashing gold/silver miners here while saying metals is the only way to go. That is wrong, and it shows they do not understand the miners, or big picture charting. Miners have a huge blue backtest in the making, that is why they are not reacting to metals’ every move here.
PATIENCE: HUI Gold Mining Index Completing Blue Backtest Ahead Of Upside Blastoff
And what happened after that previous blue big picture backtest? Yes, exactly.
Playing miners is all about timing, as with metals.
To listen to Alasdair Macleod discuss the shocking events taking place behind the scenes in the gold and silver markets CLICK HERE OR ON THE IMAGE BELOW.
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