Gold Price Support: A Call To Arms

The horrifying dollar versus gold chart.

It can be persuasively argued that the bull era for gold

has been here since the beginning of civilization.  

The D-grade track record of government money against gold, silver, and now crypto… is indisputable.

The weekly gold chart.  A key moving average crossover buy signal is imminent. 

Since arriving at my important buy zone of $1671, technical green shoots for gold continue to appear.

While gold is often soft on Tuesdays, that’s just short-term noise. A rally to $1820-$1850 looks likely.

In the short-term, a spike in corona virus cases in India is likely to put a damper on imports in the physical market, but the Chinese central bank appears ready to resume its monthly gold buy program.

Once the corona case spike ends in India, the physical market is likely to overwhelm any childish selling by leveraged gamblers in the American paper market… and then gold is likely set to challenge the big resistance zone of $2000.

Investors who bought into my $1671 “call to arms” support zone are already booking juicy 20% profits in key senior miners… and 40%-70% in some of the juniors!

I recommend buying the miners at my key bullion buy zones, and then selling for quick 20%-50% profits.

This is probably the best way for precious metal investors to outperform even the greatest growth stock money managers in America.

The interesting gold fund chart.

Investors can buy gold systematically with small purchases of this OUNZ-AMEX fund.  It’s run by Van Eck/Merk.

After buying, investors have the option to take delivery of their purchases as the “fizz” (physical metal), in coins or bars!

In theory, that gold could then be sold tax-free, but investors should consult their accountants before doing anything that local tax authorities might frown upon.

Another horrifying performance of US government fiat versus a private currency (bitcoin).  

I’ve partnered with a hardcore fundamentalist and dubbed him as the “king of crypto”.  He’s helping investors focus on the highest-quality coins that represent serious businesses, including one that could become the world’s largest energy company. 

At the Crypto Palace newsletter, we have a special limited time offer for gold community readers.  To access it, please click here now.

Crypto and gold seem to be functioning as a whack a fiat mole tag team. What about silver?

The daily silver chart.

As gold arrived at my last buy zone of $1778, silver rocketed from $22-$23 to $27-$28!   

From the current buy zone of gold $1671, silver has staged a solid rally, from about $24-$25 to almost $27.

Gold is the ultimate currency.  Buying silver and key miners at the best support zones for gold is the simple way for enthusiastic gold bugs to turn themselves into profitable family offices. 

I’ll be at my “call to arms” post with the world’s largest bullhorn… when gold’s next price reaction puts it at one of these key zones to buy!

Special Offer For Gold- Eagle Readers:  Please send me an Email to [email protected] and I’ll send you my free “Roadmap to Junior Miners Investing!” report.  I highlight the best juniors and show investors winning tactics they can use… to target gains of 100% a year, while managing risk like a pro!

Note: We are privacy oriented.  We accept cheques, credit card, and if needed, PayPal.

Written between 4am-7am.  5-6 issues per week.  Emailed at aprox 9am daily    

https://gracelandjuniors.com    

www.guswinger.com  

Email:

[email protected]  

[email protected] 

[email protected]  

Rate Sheet (us funds):

Lifetime: $1299

2yr:  $299     (over 500 issues)

1yr:  $199     (over 250 issues)

6 mths: $129 (over 125 issues)

To pay by credit card/paypal, please click this link:

https://gracelandupdates.com/subscribe-pp/

To pay by cheque, make cheque payable to “Stewart Thomson”

Mail to:

Stewart Thomson / 1276 Lakeview Drive / Oakville, Ontario L6H 2M8 Canada

Stewart Thomson is a retired Merrill Lynch broker. Stewart writes the Graceland Updates daily between 4am-7am. They are sent out around 8am-9am. The newsletter is attractively priced and the format is a unique numbered point form.  Giving clarity of each point and saving valuable reading time.

Risks, Disclaimers, Legal

Stewart Thomson is no longer an investment advisor. The information provided by Stewart and Graceland Updates is for general information purposes only. Before taking any action on any investment, it is imperative that you consult with multiple properly licensed, experienced and qualified investment advisors and get numerous opinions before taking any action. Your minimum risk on any investment in the world is: 100% loss of all your money. You may be taking or preparing to take leveraged positions in investments and not know it, exposing yourself to unlimited risks. This is highly concerning if you are an investor in any derivatives products. There is an approx $700 trillion OTC Derivatives Iceberg with a tiny portion written off officially. The bottom line: Are You Prepared?

********