Life-Changing Bull Markets - 2017 -- Liftoff! Commodities Bottom!
040 PowerShares DB Commodity Index Tracking Fund (DBC) - Cause for Concern
041 PowerShares Base Metals Fund (DBB) -- 2016 Bottom
050 - $WTIC - Will $34 area hold - Huge support
051 - Light Crude Oil - $WTIC - Breakout from H & S Bottom
060 - Natural Gas - $1.60- 1.90 Make or Break
061 - Natural Gas - If $2.50 Holds - Nice - Bought UNG at %6.50
091 - $SPX - Weekly 20/50 EMA Crossed down - Bear Market
099 - $GOLD - 1980 Blowoff Top and 2003 New Bull
100 $GOLD - Monthly Buy 2001 Bottom
In the future I will show you how I was able to confirm that a 21 year Bear Market in Gold was officially over, and a Brand new Bull had begun.
101 $Gold - The Next $1000 Move Will be ....
Jan 2014: Please pay attention to Gold stocks, as they should be explosive off the bottom and far out perform spot Gold. Those and bottom patterns were the clue to buying the last great bottoms. 2001-2002 there were tons of opportunities to buy all gold stocks. The 2008 crash was so spectacularly quick that you had to be one of the top people at Goldman Sachs or JP Morgan to sell them. Only a couple of months later, enormous volume came into the Gold stocks, doubling in a month and running to new highs.
NOTE: I cannot be certain that golds have bottomed yet because there is no perfect bottom pattern yet, no explosion in the stocks, and no outperformance by the stocks over spot. Lastly, the small caps have been leading the way up since around November. Large caps have always lead the way in the past. Therefore, even if the bottom is in and we are slowly heading up, we can easily buy the next dip.
As of right now, I can tell you that it is not yet safe to 'Back up the truck' on Gold.