As God’s money has become the world’s reserve currency, look at what is happening with silver, mining stocks, and gold.
Gold
July 3 (King World News) – Graddhy out of Sweden: Banged the drum extra hard at blue breakout because back then I suspected the time had come for gold to go from being more or less a commodity, to slowly becoming a monetary metal again.
This means I think the times when gold had huge pullbacks are over.
Said back at blue breakout 15 months ago that I thought gold was changing character. Stated gold will not backtest that huge blue $2100. And that is what happened – gold did not backtest the breakout, and it did not even come close to it.
KING WORLD NEWS NOTE: Gold’s Bull Market Advance Has Been Very Strong With Shallow Pullbacks
If one cannot change mindset when the market changes character, making life-changing money is not possible.
Follow the wrong people, and you will miss most of the bull market, like many did following the wrong people during the huge gold up-move last 15 months. We at the service nailed that last big up-move so far.
And we aim to nail the next one too.
Silver
Graddhy out of Sweden: I am certain that silver will be a fully endorsed monetary metal once again.
Silver is now up against pink line. The chart is now ready.
Reaching $60-$70 on a blue breakout is fully possible.
KING WORLD NEWS NOTE: The Next Target For Silver Is $60-$70
Stocks vs Gold
Graddhy out of Sweden: Posted many, many charts 1.5 years ago saying precious metals would have a big move. Also called the big breakouts for gold and silver in real-time.
I have been saying since gold broke out 17 months ago that it will have a historical lockout move, i.e. not backtest the breakout at $2000. And it has not, which has locked many out of the move.
KING WORLD NEWS NOTE: Dow/Gold Ratio Will Collapse To 1:1 From Current 13:1 As Gold Skyrockets vs Dow
Further, if your service did not catch the gold 8 year cycle low back in 2022 with metals + miners, or has wavered back-and-forth during gold´s advance last 17 months, or even worse, they did some of this and now they claim they were bullish all the way up (which many now do…), then do something about it.
Gold Miners vs Tech Stocks
Graddhy out of Sweden: Posted many, many charts 1.5 years ago saying precious metals would have a big move from there. Also called the big breakouts for gold and silver in real-time back then.
One chart below shows that gold miners have turned vs tech companies. Now it has broken and is now also backtesting.
KING WORLD NEWS NOTE: Gold Miners Set To Skyrocket vs Tech Stocks
Make sure you are on the right side of this one, this bull market will be the greatest opportunity in our lifetime.
Gold Miners Set To Soar With Few Riders Climbing “Wall of Terror”
Graddhy out of Sweden: Posted this chart at the HUI Gold Mining Index backtest at 280.00, saying it was the next big buy/add point.
KING WORLD NEWS NOTE: HUI Gold Mining Stocks In The Early Stages Of What Will Eventually Culminate In A Phase III Upside Mania. For Now, These Stocks Continue To Climb A “Wall of Terror.”
It was.
As said for years now – I am convinced this chart will play out. It is happening.
What To Do?
King World News note: Continue to accumulate silver while it is the cheapest hard asset on the planet. Time is running out to acquire silver in the $30s. Silver is headed to all-time highs on its way to well over $100 an ounce. The high-quality mining and exploration stocks are trading at giveaway prices as the gold bull market continues to climb a “Wall of Terror.” Before this bull market is over we will see these stocks trade at levels on the upside that people can’t even imagine today.
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