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Dear Reader, as you know from our pieces, at times we refer to our unpublished book that we feel will help America, and possibly the world. You see that we do clutter our page with ads. Money is a means and not a goal. We seek to make life better. With that said, our founder, John Lipareli has his first book published - to make a name for himself that coud help get his political and economic work a reality. You can buy at Amazon Books. It is called, "The Legend of the Afghan Hound." It is general and family reading. Kids 9 to 15 will love the action adventure as well as pet lovers and history buffs. The sweeping saga begins in ancient Egypt in a time of anxiety and war and ends in Bethlehem with hope and love. Adults will be attracted by the theme of "love in action." By that I mean the sacrifices that we make for each other. It is a Christmas classic and makes an excellent gift. Please, support his work. Thank you.
Gold in 2025...
...outperformed the Magnificent 7 and the S&P 500. Who knew? Certainly not Walmart, although Costco sold a lot of gold and silver bars. We rarely mention individual stocks because as we have stated in the past, if we are wrong, we cannot sleep at night. For the firms that we did mention, we were right many more times than we were wrong. If you purchased Alamos Gold (AGI), Barrick Mining (B) or Wheaton Precious Metals, you are doing well. This is another reason why we ask you to spend $12 bucks and buy the "Legend." With that said, we look into the precious metals for 2026.
Gold and Cycles
For new readers, we will repeat how we look at the market. We follow charting, economic cycles and lastly, fundamentals. The chart on gold has exceeded our price projections under Fibonacci. We called for $4100. The volume is strong as the metal made a new all-time high. We read that central banks around the world are buying even at highs. The World Gold Council says that trend should continue. They add that India (2cd largest buyer) is now allowing pension funds to buy up to 5% of gold and silver ETFs. Under cycles, gold has a 12-year range. This cycle trend dates back to 1982. The last negative cycle ended in 2024 and the new, bullish cycle began last year. We have all tailwinds. You can safely buy the dip. We project $5,000 gold in 2026. At that time, we will recheck the charts and volume. The present rally should continue onto the end of January with a pullback and consolation period before we hit our target price. Watch the price action on King $Dollar. It is currently testing support at .98. Any drop only pushes the precious metals higher.
Silver
It has actually outperformed gold. It has made new records almost every month since October. One fundamental reason is the continuous shortfall in the actual metal. Demand exceeds supply. Solar and wind energy keep demand high. Miners cannot keep up with demand. New mines can take 10 years to add to supply. This will cause mergers in the sector.
Then, there was a squeeze on the London Exchange. These type of financial machinations have been used in the past to keep the price low. They can backfire and thus, we see spikes in both metals as well as all commodities.
We suggest that you purchase "junk" silver. This is old coins that contain silver. They will rise in value as silver rises. We see silver testing $84. If it still has volume, then we say take your profits at $100. The only change to this aspect is a global currency crisis. Then, don't sell either precious metal as the world will reevaluate based on global debt and we all will be rich. Yay! That will be a sad day for the already rich as we can sit next to them in restaurants, hotels and concerts.
Copper
We now include the red metal because the demand will exceed supply. The recent price set a new all-time record in July and we see more of the same. We see $6.50 in 2026 as copper stocks will rise. The present price of copper stocks are too high. A cheaper stock with solid fundamentals is Taseko (TGB). If there is a pullback, $3.50 is a good entry point. We also see mergers in this sector. Data centers will be one of the strong pushes in the metals price. Next week, we will look at oil, the most important commodity. Peace.
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