Author Archives: pmontesdeoca

Gold: Time To Unload The Truck

 

 

Summary

The market in gold in particular has accomplished some major targets.

What we have seen here is the change in the paradigm of gold from a commodity to a currency.

The incredible amount of stimulus that the government decided to implement in the marketplace is highly inflationary.

Upon completion of this correction, we should challenge the 2011 highs of $1,900 per oz into the fall of 2020.

Looking for a portfolio of ideas like this one? Members of Mean Reversion Trading get exclusive access to our model portfolio. Get started today »

Read more …

Gold: Emerging Markets, Next Black Swan

Summary

Comments on Friday from the Fed president supported the prices for precious metals when he said, “More support is likely to be needed from both monetary and fiscal policy.”.

An easing of US-China tensions was negative for the safe-haven demand for precious metals.

Safe-haven demand and dovish central bank expectations have sparked fund buying of precious metals in recent months.

“This is completely off the radar screen,” he said. The third phase of the pandemic, he said, will be in the Third World and emerging markets, where it will be harder to contain and harder to recover from.

Looking for a portfolio of ideas like this one? Members of Mean Reversion Trading get exclusive access to our model portfolio. Get started today »

Read more …

Patrick MontesDeOca Explains His A.I. Indicator, The VC PMI 06/25/20

 

&nbsp

Gold: $1800 Handle Coming Up

Summary

We identified the levels that were indicating the possibility of a major area of support or buy area.

On the face of some dire economic news and the continuation of the Federal Reserve statements that they will continue to apply unlimited stimulus to stabilize the markets.

Now, with the COVID-19 pandemic, which is now blamed for the broken system we have experienced over the past couple of months, we are facing a dire situation.

We have come down to levels of what artificial intelligence calls accumulation of demand.

Looking for a portfolio of ideas like this one? Members of Mean Reversion Trading get exclusive access to our model portfolio. Get started today »

Read more …

Trading Talk LIVE with Terry Lynch, CEO Chilean Metals, Inc PREMIERE

 

 

Search the Blog

Post Archives