More from @TheDailyGold

Sep 23

Tuesday 🧵

My updated Silver charts & analysis.

Let’s Goooo!

1) Silver Historical Chart

The circles show breakouts to new all-time highs.

The first circle was a new modern all-time high, the highest level since the Civil War.

Silver, which was trading around its 1920 peak, basically doubled in 1967, eclipsing the 1920 peak.

This lead to a mania in silver juniors in 1967-1968.

The equivalent today would be a pop to $100.

The breakout in 1973 led to a 120% pop in 4 months.

2) Silver Quarterly Chart

Silver has 5 more trading days until the end of the quarter.

The quarterly all-time high is $37.60, with further resistance at $39.95.

Silver is in position to make a new quarterly all-time high. Closing above $39.95, adds significance.

Gold closed at a new quarterly all-time high Dec 31 of 2023, but not yet at a daily or weekly all-time high.

It broke-out for good 2.5 months later.

Read 9 tweets

Sep 9

Tuesday 🧵

Gold & Silver Analog Charts Updated

These are some of my best and favorite charts.

Let’s Go!

1) Gold Bull Analog

This chart plots the 4 strongest cyclical moves in Gold, on the scale of the current move that began October 2023.

(I start the moves when an impulsive uptrend begins).

Nearly two years in, and Gold has followed the template almost to a T.

The two weaker moves peaked just below $5000 in August 2026.

The two others (1970-1974, 1976-1980) peaked at ~$9,000 and ~$14,000.

2) Gold Bull Analog Average

Here we remove the 4 lines and plot an average.

The average, when the two weaker moves peaked, around August 2026 is $5100/oz.

However, if we continue all 4 for another 30 weeks, the average reaches ~$7500 in 18 months.

Read 9 tweets

Sep 2

Tuesday 🧵

Silver Price Expectations & Prediction for 2026-2027

Let’s Go!

1) Silver Near Term to Medium Term

Spot Silver closed August just below $40.

In June, Silver broke-out from a 9/10-month long consolidation, that projects to an upside target of $41.

The monthly chart below and weekly chart show $42-$43 as the next significant resistance.

2) Silver Quarterly Chart

The quarterly chart is important because it pertains to the weeks ahead and Silver could make a quarterly all-time high.

The quarterly chart shows $34-$35 as very strong support.

$37.60, the all-time high, is also quarterly support.

Can Silver close Sept 30 above $37.60, its ATH?

If it were to close around $40, that would be a signal it will test $50 sooner rather than later.

Read 9 tweets

Aug 26

Thursday 🧵

This is an especially import one.

No 2008 Replay for Gold or Gold Stocks is Coming Anytime Soon.

I explain why.

Let’s Go...!

1) There is a secular bear market in Bonds

Unlike in 2008, Bonds are in a new secular bear market.

This is confirmed by the loss of the 80-month moving average of Total Real Return.

From 1920 to 2020 (100 Years), the only secular bear in Bonds was during 1965 to 1982.

😮

2) Stocks Don’t Crash During Secular Bears in Bonds

1929, 1937, 1987, 2000, 2008, 2020

All were during secular bull markets in Bonds.

Part of why stocks crash is because there is a risk-free alternative in Bonds.

1974-1975 was the only case during a secular bear in Bonds.

But unlike in a typical bear market, in which the crash is in the middle, it occurred at the very end.

The S&P 500 was down only 23%, 17 months in.

We need to focus on the 1960s and 1970s.

Bear markets were more frequent but they were more mild.

The present market has followed this pattern dating back to 2018.

Read 10 tweets

Jul 24

Thursday 🧵

Juniors vs. Seniors

Why you should focus on junior mining and junior developer stocks instead of senior mining firms.

(Tangent about Silver near the end).

Let’s Go!

1) Are you willing to do the work (as Rick Rule says)?

Then junior resource companies are a better option for investors and speculators seeking growth and capital appreciation.

If not, close this thread and carry on with your scrolling.

2) Juniors have better reward vs. risk.

Let me explain.

Juniors have far greater upside potential and leverage in a cyclical bull market, while senior miners do not necessarily possess a material advantage in protecting against the downside.

Neither should be held throughout a bear market like blue-chip stocks. Senior mining firms are not blue chip stocks.

Here is some data from within the last secular bull market in precious metals.

From 2004 to 2007, GDXJ gained 299%, while from 2004 to the peak in early 2008, GDX’s parent index gained 187%.

During the global financial crisis, GDX declined 71%, while GDXJ lost 81%.

Then, from the 2008 low to the 2011 peak, GDXJ surged 578% while GDX gained 311%.

Read 13 tweets

Jul 17

Most Important Future Breakouts in Precious Metals

Thursday 🧵

There have been several important breakouts already.

But today I look at the breakouts which will signal the next major leg higher is starting.

Let’s Go!

1) Gold vs. S&P 500

Gold against the stock market is trading within an 11-year-long base.

Breaking out from this base will be extremely significant and set the stage for Gold to run to $5000 and much higher.

Capital still finds US equities a reasonable bet relative to Gold. When that changes, as evidenced by this chart, look out.

This year, Gold broke out of a 4-year-long base against the stock market and surged higher to the lower end of the 11-year-long resistance.

It overshot and pulled back as the stock market rebounded and made a new high.

The sooner Gold stabilizes here (it may have already) and resumes an uptrend, the sooner Gold can breakout and run to $4000.

2) Silver vs. 60/40 Portfolio

Last week, Silver broke-out in weekly and daily terms out of a 4.5-year-long base against the 60/40 portfolio, to nearly a 5-year high.

This signals that capital is moving out of conventional assets and into Silver.

The short-term expectation is the ratio trending higher to the 2016 and 2020 peaks.

Breaking out from that 11-year-long base could give Silver the ammo to test and break $50.

Read 9 tweets