Recently we have been seeing some scary signs in the stock market, as a result we have seen a massive amount of buyers fleeing into the gold and silver market, we have been suggesting gold and silver as a good purchase for the last two years and more specifically over the past few months, below you will find a link to a video I made a few months back talking about how gold was a buy, if the markets go through a bad down turn you can be sure gold and silver are going to boom.
Link to video regarding gold breaking out https://www.youtube.com/watch?v=k4OTx7Bfp8A
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All videos or content posted on this channel regarding stocks, investing, stock trading, money, money, wealth, retirement, or any investment vehicle is entirely for educational purposes only, please do not take any of the information literally, and always speak to a professional/licensed investment specialist for any investment decisions.
Link to video regarding gold breaking out https://www.youtube.com/watch?v=k4OTx7Bfp8A
Join Our Trading Team Below
https://bit.ly/2wsEYAH
Best Stock Scanners | Trade Ideas
https://bit.ly/2QCSOK3
Free Stock Trading Chatroom
https://discord.gg/dJQ8CT5
Join Our Stock Trading Facebook Group
https://bit.ly/2ogXcBd
Join Me On Instagram
https://bit.ly/2Kf4MZg
DISCLAIMER:
All videos or content posted on this channel regarding stocks, investing, stock trading, money, money, wealth, retirement, or any investment vehicle is entirely for educational purposes only, please do not take any of the information literally, and always speak to a professional/licensed investment specialist for any investment decisions.
I came from march 2020 to say.. repost the video. Its time now
thanks
Looking amazing now, not lonly any more? 🙂
Thanks for your time and info, keep up the good work.
i have bought gold since 3 years back i belive that this time is going to bee far more dangerous than 2008 no interest weapon no nothing. and people are starting to see what the monetary system really is. I'm only investing in gold silver and bitcoin right now.
I would like to get into Gold at some point, however, right now is not the time imo. The Weekly RSI level on GDX is now at 78.93, which is the highest overbought reading that it has ever been at. On the gold futures the weekly RSI is at 82.58, which is the third highest it has ever been only being surpassed by 83.95 on 8/15/2011 and 85.50 on 5/8/06. The risk at this time and this level is too high until we have weekly consolidation. On GDX, I am also seeing bearish divergence on the daily and 4hr charts that needs to be confirmed yet, but it has been building since its first overbought high on this trend on June 24th. I am looking to swing a bearish position in gold for now upon confirmation. Then after consolidation go long gold
you are right 100% and I want you to know that I enjoy your lessons very much, thank you.
I think the gold/silver investment is right. I believe they're going to be fixing the economic system by backing our dollar with gold and taking the power away from the FED. I believe this will happen first thing after Trumps' reelection. For more info. on this narrative see X22 Report(Youtube).
If the markets start dropping I'm moveing to shorting everything mad a fair bit this week in shorts
Great Video, Feel that the market has been due a downturn for a long time now and the trade war is adding to my feelings of this. Think the market has had its fun made its gains and now if not a safe bet and if I was reallocating long term gold or silver would be the best bet. Nothing lasts forever including bull runs.
Whys no1 pointing out the fact gold is overbought on the weekly rsi, 1.5, it will drop from here
I think the downturn it is already here. I live in Spain and the signs are all around. DB lays off and restructurations… so many signs like back in 2008. My doubt is the month. From Sept to Jan. But when….
excellent video, and you look good. Keep it up
1900 views, 199 likes- it’s incredible how unappreciative some worthless idiots are. Connor, appreciate you, for sharing this GOLD information. Yes the market is headed for a recession, I believe. And I’m also with you, that it’s time to start buying gold and silver. Thank you Sir. And once again you and your work, are truly appreciated. Keep up the good, brutal honesty too. It gives
me a clearer picture of what I need to do.
Very well put together!
Hey FU for telling people to buy gold
You are definitely not a financial advisor
Exelente análisis de la economía y del futuro del Oro 👍
Who wants to go to a party with just Cheetos. Lol good video bud.
Colin, If nearly two years of zero net gain isn’t a recession, what do you need to qualify? Do we necessarily need a >20% drop?
Don't mean to burst your gold bubble but they will start mining asteroids for precious metals in next year or two… So when you wake up to your gold and silver at half its value, you'll know why.
You have some good points but there are some things to consider. 1- if you focused too much on volume then you would have been out of the greatest bull market ever as it has been a low volume bull run. 2- the market did this same thing between 2015-2017 which in reality was a consolidation period which sent us to where we are today. You could have made the same RSI arguments back then too. 2018-2019 could be doing this same thing and the market is actually gearing up for another multi year leg up and we are just consolidating. 3 – the market always climbs a wall of worry and so politics don’t matter and neither does debt as have always had debt and it’s always at a record high. 4- follow the fed, period. Low rates means no return anywhere except in equities, which is what will create inflation eventually and why gold has been going up, it’s not a fear trade but an inflation hedge. In a bear market everything goes down including gold. 5 – the channel you are showing from 2018 – present was broken and we are back testing the top… this happens over and over again. I guess this is what makes a market. You think the market might crash and I think we are a rocket, filled with fuel, that has been consolidating to blast off into a major meltup never seen before until inflation gets too high and the fed raises rates ….. then the party is over.
You love that gold. Do you have any gold bricks?
Good video for the coming years, however you fail to mention that Gold did rise for 2 years before 2009 and that it will at least rise 1 year before the stocks go down. Stocks are not bearish at all right now!! Indices are holding every support and even doing an inversed Head and shoulders that's a bullish pattern predicting 3200 on the SPX before 2021. Then I will be bearish at 3200.
i dont even recognize you without ur hat! thanks for the vids
Fed gonna step in when SPY hits $275
High national, student, and corporate debt, deficits over $1.2 trillion, boomers retiring, we are headed for a sovereign debt crisis. Its going to be worse than 2008-9. Maybe as bad as 1929.
@Connor, as always I appreciate your videos man and I think you're on point with your theory. Personally, here is an example of one thing that stood out to me in reference to gold. In May we saw a fairly decent dip in the market and as to be expected, gold came up a bit. What was intriguing to me is, when June rolled around, market made a new all time high, gold didn't even flinch. That's telling me big money isn't buying into the market move higher. Also, as you have said, we have been on the longest bull run in market history, but has anything really changed? Our debt has increased, housing market has been struggling in areas worldwide, and I guess that's my next part. The economy of the world as a whole isn't doing well. I truly believe a crash is coming in the next year or two (generous timeline imo) and will trump (no pun intended) what we saw in 2008. We were on the brink of an financial collapse, yet a lot of the same shit that was going on then is still taking place. Stack on the national debt, inverted yield curve, trade war, etc. I think it'll be a come to Jesus moment for everyone. Just my opinion
Gold is a pump and dump lol
I think there is something called: Consolidation, in the Stock Market argot.
Personally, this time around, I would buy physical gold and silver bullion and keep it in your home. Alongside any weapons you can muster depending on which country you're in.
Great stuff man! I got a feeling that silver might not lag behind gold this time around. Thanks for the solid analysis.
I looked at JNUG in the last three months is gone up 186%. What’s your opinion in this gold ETF?
I think gold and silver might keep going up but that 2019 will end up in the green. 2020 is when the big recession will hit right in time for the Presidential election imo
My question is how or where can I find gold and silver stocks? I would like to be prepare ! Thank you so much for your time