Avi Gilburt – Fri 11 Oct, 2019

Projections for the S&P, USD, and GDX

Avi Gilburt wraps up this week’s editorials with his thoughts on the S&P, USD, and gold. Pay close attention to the time frames that Avi is sharing and the possibility of a more severe market breakdown.

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Comments:
  1. On October 11, 2019 at 4:42 pm,
    bonzo barzini says:

    How wonderful to hear that Avi thinks NEM may explode upward in a month.
    I never bought any NEM but it became my largest miner holding after it took over FNV long ago, and GG this year.

    • On October 11, 2019 at 6:55 pm,
      RICHARD/DOC says:

      NEM looks to be at risk the next 2-4 weeks. Of course, after the coming move down, maybe then we see an explosion up from a lower base.

      • On October 12, 2019 at 7:09 am,
        bonzo says:

        Doc, my NEM cost is $17 so I can wait patiently till it has its day in the sun.

  2. On October 11, 2019 at 6:17 pm,
    CFS says:

    My best wishes for good health in the Korelin family.

    May be this will cheers you up:

    https://www.youtube.com/watch?v=ORyzsMZPPUg

    Dedicated to AOC and her green new deal.

  3. On October 11, 2019 at 7:05 pm,
    b says:

    Oct 11 Big Warning in Gold’s COT Data Bob Hoye 321gold

    • On October 12, 2019 at 11:56 am,
      Matthew says:

      The real problem for gold right now is weekly chart momentum.
      The COT report is always bearish when there’s a big decline, but a big decline doesn’t always happen when the COT report is bearish.
      My main reasons for being more bullish than guys like Hoye can be seen on the bigger charts, particularly the quarterly. The 2016 move happened within a far inferior big picture setup which is why it resulted in such a protracted correction/consolidation.

      A correction of the type that Hoye sees would be damaging to the current picture, no doubt about that.

  4. On October 11, 2019 at 7:37 pm,
    JT says:

    It’s awesome to actually hear a guest talk specific stocks and specific prices to watch for entry and bull market confirmation. Please always keep Avi coming back. His info is actionable and timely.

  5. On October 11, 2019 at 7:39 pm,
    RICHARD/DOC says:

    His comments coming true wouldn’t surprise me at all; in fact the possibility is high. I think the 1350-1360 area is a real possibility.

  6. On October 11, 2019 at 8:52 pm,
    buzz says:

    Funny, gold gets trounced along with Trump. Who’s on deck: Jaime Dimon?