We start the week with Gary Savage
Click download link to listen on this device: Download Show
Stands for “Brit. Columbia” Day. Nice try, though.
I made an assumption before listening that Gary would be negative on metals.
I think metals flip to upside on a post 1964 dime. I wish I knew when LOL.
all the econ data is a disconnect. Having trouble trusting anything data wise from govt and even news.
Gary sounds confused and given the BS coming from DC its not hard to understand, hard to trade that.
Gary, you still are rather constructive for metals long term, right?
Long term yes. But right now there are powers trying to break this intermediate cycle. They have managed to manufacture a downtrend of lower lows and lower highs.
Gold needs to break that down trend by making a higher high above $1326 before I’ll get short term positive on gold.
Gary,
Do you consider this to be the crash in the stock market that should be bought for the retest of all time highs OR do you think this is a normal ICL and a parabolic blow off top still lies ahead?
We did buy today and put a stop under Friday’s low.
There’s a good chance the Fed has again aborted an intermediate correction and this is just going to be a minor daily cycle correction that has already bottomed.
Gold’s going to $1224, just as I’ve been saying since June 19.
wish I had a copper penny for every time I’ve heard Gary call for the final bubble parabolic phase of gold over the last 4 years
Here’s the Gary Savage prediction formula: make a call, with caveat of course … if it don’t happen, blame manipulation, fed manipulation, bank manipulation, hedge-fund manipulation, you name it manipulation
My sensor lights are starting to blink Doc, Gary.. Not quite there yet but very very close. Just want to share with all off you, like always do, my entry points and exits before hand. With me it’s all out there and Im happy to share with everyone. Remember all I have been on the sidelines since july 23rd..
We will 100% fill that gap at 225.. This will be a great opportunity to get your feet wet. There are lower gaps to fill but they are not that much further down. I see gold at 1277/1280 100% sure of that.
What is B.C. Day—- before Christ? Do they throw toga parties for this, or how is it celebrated?