Precious metals are pretty mature for a lift off. Silver looks particularly premising after multi-week bottoming structure with immediate target of $97...
Gold has not room left within the 7-month triangle formation. So resolution is very close. Gold could still make it to my min $7k target if the parabolic run starts in the coming days...
Elon Musk is set to become the world's first Trillionaire.
Crazy stats in today's @WSJ article:
https://t.co/1ItqzK2VNb
Musk’s wealth includes
-$538 billion for his pre-IPO stake in SpaceX,
-$167 billion for his stake in Tesla,
-$150 billion or so for stock options in those companies he could exercise just about any time.
-$5 billion apiece for The Boring Company, which drills tunnels, and Neuralink, the brain-implant firm he founded, and
-$104 billion in property, aircraft and other investments and assets.
-He has made $3.6 million/hour over 31 years.
When Bitcoin is back at $20,000 that's still a lot of money to pay for nothing. Don't be fooled by meaningless benchmarks. 84% off a ridiculously high price is not a bargain.
#Silver Where are we ? Zero reason to even think about selling my physical metal .Volatility in the Miners is the norm until we kick back into a clear trend higher. Sentiment shift and the next leg up unfolds.Go long and stay long . Getting traded out is what a bull market wants!
"Don’t diversify across commodities; instead, concentrate wealth in monetary metals," advises Francis Hunt. He sees #Gold, #Silver, and #Platinum as the true winners. @themarketsniper
https://t.co/RxayDrIkwL
🚨"If gold & silver are poised to surge to the upper part of their congestion zones, senior gold & silver miners could rally 20%-50% at the same time!
🔥Gold & silver miners seem ready to again showcase their greatness, with a fresh move to the high end of their range!" -Stewart Thomson
https://t.co/BnXPTdZLWq
Looks like Bitcoin is headed to break previous low and test $50 then bounce back to retest broken support around $60k and head to my $30k target by 4th quarter of 2026...
Since February 2nd 2026 silver has been trading in a $70 - $90 range. Silver spent most of the time at the lower band of the channel. Recent multi week bottoming should hold and push it back to $90 range with a breakout to all time highs to be followed...
Trump promised to make America the Bitcoin capital of the world to win crypto votes and donations while his family cashed in on their crypto ventures. Mission accomplished: Since America squandered the most capital on crypto, America will suffer the most when the bubble bursts.
“I don’t want to have to worry about the market every minute. I want models that will make money while I sleep. A pure system without humans interfering.”
— Jim Simons
BREAKING: Michael Saylor is down nearly $11 billion on Bitcoin, making him the largest loser in the entire market.
In 2000, Saylor lost -99% of his wealth after betting heavily on dot-com bubble stocks and was ranked the #1 biggest loser of the crash.
History is repeating itself. Exactly as I said it would years ago.
No one who graduated university after 2009 has even the slightest inkling that stocks can actually go down. This is setting up for a greater disaster than we can imagine.
Silver is lagging and weaker than gold following yesterday's sell-off, but it is holding a support. There is another chance for metals to rally from here particularly in light of US Congress limiting military operations in Iran. Perhaps sides could finally come to a mutual agreement in a peaceful manner since waging war does not solve a problem...
ALERT -- Silver is about to break a 10 month rising trend. It is vulnerable here to another leg lower imminently.
Precise support levels have been sent to iGold premium subscribers.
Rick Rule says he prefers silver stocks over physical silver right now. Many are still priced like silver is $42 to $45, when it's closer to $80. That's a big valuation gap sitting right in front of you. Stocks can rip if silver rallies, hold up if it goes sideways, and likely fall less than the metal on a pullback. He's done raising cash and plans to deploy capital into sub-$250 million explorers and developers over the next 90 days.