@DaveHcontrarian@troll_buddy@coding_thoughts David, if the S&P continues dropping, how do you expect silver and the miners to perform meanwhile? Does the price of silver going up need the market do the same?
@MrY1981122@KonFedo@DaveHcontrarian@ItsPrem How do you hedge CAD? If you're long US equities meltup in Canada while USD is crashing, the meltup gets nullified essentially if your account is in CAD. Only way I can think is of is to be long TSX, which correlates and now outperforms S&P.
Metals are in big bull markets that have much more to go.The steep sell-off sets them up for another even steeper leg up.I am raising my gold target to $6800 from $5500 & silver to $180 from $125.Also raising my miner targets to the following:GDX $180,GDXJ $250,SIL $220,SILJ $90.
Someone or more is/are massively underwater wrt to being short PMs. It seems like there is currently a rescue attempt to allow them to close out month end without having to go to the Fed repo window today or worse.
This has nothing to do with selling physical metal. It is happening with gold, silver, platinum and palladium simultaneously. That alone is highly suspicious.
@ThePinkWolf_@TradeGateHub I don't think silver is close to it's cycle top yet. Probably several months to go. We are likely to see a sharp correction soon and then another leg higher. Near-term top may come from near my current target, plus or minus.
For those who have not seen it yet,here is my 1/7/26 interview with DalePinkert @TradeGateHub where we discussed my bullish outlook for the equity markets,the bond market & the metals & bearish view of the dollar. Always enjoy looking at the charts w/Dale. youtube.com/watch?v=UIVqg_…
For those who have not yet seen it,here is my latest interview recorded 1/14/26 with Erik Smolinski @outlieroptions.We had a good discussion about the melt-up,the coming bust,a coming decline in rates & of course the metals. Lots of good questions from Erik.youtube.com/watch?v=BZhZpy…
@DaveHcontrarian@Bluewatertrader@coachstanleynor@outlieroptions Thank you for sharing the thoughts. But for silver miners, do you see the same magnitude of correction as silver (20-30%)? Its looking like the miners have more upside than silver and lag behind it. So maybe the correction could be different as well.
@Bluewatertrader@coachstanleynor@outlieroptions Some of you don't comprehend well. I never said I expected it. I said there is a set-up that suggests we could see a 4%-5% correction. That's still the case. May or may not get it.
@DaveHcontrarian@Bluewatertrader@coachstanleynor@outlieroptions No, we do like what you provide here. Just a little commentary here and there about why you think things will move a certain way will get you a lot more followers. Maybe write a book. Unless you think that doing so will begin to influence the market itself.
@ConstantinF15@Bluewatertrader@coachstanleynor@outlieroptions Feeling entitled I see. I provide what I provide which is a lot more than most do. This isn't a trading service. If you don't like what I provide here, go follow someone who will give you what you want.
@DaveHcontrarian@Bluewatertrader@coachstanleynor@outlieroptions If you left some clue on what you're looking at, we'd have something different to look at other than the daily tape. You don't comment on why you think there's a setup/correction, and that's why people keep asking for daily updates.