so, as we all know yesterday was a major event that showed the strength and power of TRUMP! This event that took place will be one to remember! We now are in uncharted waters and nobody knows where we go from here. The elections can be a factor and also positive or negative for the markets. I hate to talk about the markets and money when a human being almost was eliminated on live TV. We are talking about a human being that can now shatter the minds of all Americans and change the what is to come next. So for that i know one thing is GOLD. I do not care anymore about the markets or what comes next as this hard asset is the safe heaven investment you need. So with this failed attempt to assassinate Trump can now create a new president that will make change. What that change is to me is scary and will effect every American to think differently or even come together as one. So we could see a positive move or negative. Right now to me i believe Trump will be the next president and these markets and the rest of the world will fear this move. As for GOLD i did talk about one move many years ago when Russia attacked Ukraine and the target was $10000! Now, for this latest event i cannot tell anyone what to do so i can only share where my money is going. So here it is.....
First move lets look at GOLD chart before we open at 6pm tonight. I would expect a move at least $20 spike and from there maybe even $2500 during the week. As we see Trump make his first appearance i hope he does talk about the event and not the markets. This would make him more fearful as not too many Countries will even think to communicate with him. Question! How many Coountries would have been happy to see this event go south for Trump? That is ths scary part and that is why GOLD right now is going to be a big investment.
The chart on my thoughts are below...Target is $2650 to start into August...and never ending as we come to the elections. Also, expect another Federal Reserve move and a first rate cut thanks to Trump being the next president and he will shake things up. This is the thought process now that people are thinking. As for us we have our ways of checking GREED and FEAR in the markets and our new Buftet Indicatorrs. Expect a correction!
see the chart...
As for FFN stock the banks the banks the banks.....TRUMP will make a difference and DF stock has the best mix of stock so having both are going to make nice gains. You all know how DF stock moved on little volume and Quadravest now is letting this one move back to $6 buck or should i say both. The markets want to run and these two are in the new cycle higher. Targets from my last post will not change for now so be ready for Monday moves. Remember the Buffet Indicator we are over valued so whatever gains we make we take profits or take it all and stay out of the markets.
As for the junior mining space and metals will be big. Watch all of them as Copper, Oil and Silver will make moves. see the link to this site for more info.
https://www.juniorminingnetwork.com/ for now watch Greg on his update from the event that took place on Trump.