GlobalProTrader

I was 5 days early 😂

Buy low, sell high." It's not rocket science but most retail traders do the exact opposite. Chase at the top, dump at the bottom. #Gold, #Silver, and #GDX are all gearing up for one more parabolic move higher imho. It begins when we bottom in wave C of wave 4.

Can't say you weren't warned... #Housing market. Wait until April when 10Y yields are priced into mortgage rates!

#10Y yield hitting new highs... if this continues, it will affect mortgage rates and ultimately housing.

S&P still looks fragile... #SPX

@wecanhackett Send me the email you used to subscribe.

@GlobalProTrader David please reach out to me. I have billing issue in regards to the FIPEST REPORT thanks.

The S&P is truly banging on the trap door. An interesting week ahead.

~6700 is the line in the sand for the S&P. It tested critical support again but holding do far. Below there... oops!

@CurtisPool2 Both.

@GlobalProTrader Canada, or US?

Oh, and I expect the #housing market to be crushed this summer as mortgage rates go through the roof.

@Stan_Stinson Oil is coming off today, and the stock market is having a bounce. But if the S&P falls below 6700, it could get ugly. Oil is only going to higher imho.

Just my 2 cents (which they don't even make any more😀) I don't dispute or disagree that many, if not all, of the things you listed will come to pass (I am a paying customer who values your analysis). I am just not convinced it will happen this year. I think the markets have more upside before whatever Black Swan event triggers the crash. I do think we will see more pullback in the markets in the short term before they head back up. Time will tell.

Just my 2 cents... Prolonged, Escalated War Oil soars Inflation jumps Bond Yields shoot higher Stock market correction/crash Fed cuts, prints trillions DXY falls Inflation in overdrive Then throw in the towel Depression, UBI All => Physical Gold & Silver

@Stan_Stinson I don't Stan, I fully expect that this war will escalate, bringing in the likes of China and Russia, and the possibility of the US having to fight on two fronts, in Iran and Taiwan.

@GlobalProTrader So, for the optimistic view, what would you expect if it were only a 4-6 week Iran conflict as forecast by the administration?

@Mokume_Gane I don't try to forecast timing, I wait for the right conditions to buy. That said, I expect that the metals have an even bigger parabolic move up compared to the last.

@GlobalProTrader Hi David, how are you seeing the near term (next 2 months) will play out for PM miners? Continued drawdowns as liquidity drys up or rotation from general equities starts new inflows?

I agree that they will do that, along with JP Morgan, but the real question is not if, but when. This may not happen for months or years.

The last time indicators such as the RSI and MACD Histogram were this bearish was on Nov 4, and then Silver went on a rampage from 47 to 122 in 3 months.

Is the stock market rolling over? Crash positions? #SPX Watch those key support levels.

@garysavage1 @tommy_lee21175 👍

@tommy_lee21175 We rode the entire move up from $33 to the high. Yes like virtually everyone we hung on one day too long. But without a crystal ball is it really possible to anticipate the cartel attack? Almost no one did.

LOL sentiment is already starting to cool. 2 weeks ago people were losing their mind at any mention that metals could correct. They had all the usual "fundamental excuses" for why this time was different and why price couldn't go down. Now I'm seeing people already starting to predict the bull is over and there's no way price can go back up. Humans are nothing if not irrational. The bull in gold and silver is not over. 2026 will be even bigger than 2025. After 2026 then we may have a multi year cooling off period, but the parabolic surge still has further to go. It's still fairly early in this 8 year cycle. Too early for a major top. As this correction progresses we will see more and more irrational negativity emerge as people with no patience get frustrated that price isn't going up immediately.

If you follow these guys, you're in safe hands imho: @garysavage1 @NorthstarCharts @Ole_S_Hansen No BS, nor cheerleading.