Hi all, well its been a while since i posted and looking at the hange in Northwest Copper and seeing David Moore leave is a good thing for him. I wish him all the best and nice to see him retire from all this nonesense from the vote. We see so much coming towards the next few months and GOLD is on fire and these markets are all over the place since the war started with Isreal and GAZA. For that we need to focus on GOLD moves and the majors and juniors. I have positioned myself in this area as we get into November and moves in OIL and BITCOIN can shake things up. Right now i'm watching RBC Global Precious Metal fund as this is one to own for ever! I posted over many years how this fund is the best to own when the majors make a move and they are. See the link on the top holdings and best team of majors on the planet. see link
https://funds.rbcgam.com/pdf/fund-pages/monthly/rbf468_e.pdf This mutual fund has moved already in one week almost $4 a share and the move will continue into November and December. We touched $2000 on the futures last week on Friday and with GOLD being the best investment in times like this. We are ready for the next cycle up for the majors and to own this mutual fund is a good entry at $46.50 a share. see GOLD chart below and get ready for a new all time high in GOLD as we try to hit $2100 for the first time in history! This is a big deal and the time is now to watch for the first time in our life time a move we have never seen before. see below chart as we have the peaks of $2050 to $2070 an ounce in the past 10 years or so....This time we will see that new all time high of $2100 and who knows where it can go. So the majors are starting to move like Agnico Eagle, Barrick and K92...and so on...
[img] https://www.tradingview.com/x/Ai0b5P4E/[/img]
So what about the juniors? What is out there and who is the best junior with 100% owned assets, large GOLD ounces in the ground? A lot of Coppper and in one country? I would say Northwest Copper is the best bet! Reason is no management team that even understands what they just took over. A bunch of shareholders who helped some man who claims to be a better fit to run or find somone who can run Northwest Copper. For now, juniors will follow the majors unlike last time and this stock is one that will be manipulated for making fast money and spikes in the share price for no reason. So for now watch this stock as we get into November. Forget about who is there running the show and just follow the cycle in stocsk that have GOLD, Copper and Silver as anything can move the shares even a group of traders off a media hype off one of those meme stock chats.
see the chart below and this is well under it value of a target of .50 cents in a bull run for GOLD.
look at this chart...and get ready to make some fast money on any spike for any news or even GOLD, copper moves.....this stock has it all....
now looking at Bitcoin....anything goes as we could see a move to $40k....i was watching the stock last month when we were at $27k and now the move is real as BITCOIN never sleeps...keep an eye on the moves as we get closer to November. Gold, Bitcoin is ready for the next cycle!!
Now one stock that i know posting so many time over the year is the best signal to see where all metals is going. Where is the money going or investments to track the cylce is Wheaton Precious Metals. The time right now is showing a move higher and the cycle has started to GOLD, Coppper, Silver and all metals. This major is a market darling to help those see the cycle and timing to get in. see the chart below and get ready for a move into November.
no for OIL, everyone talks about the winter and how oil goes up...well this time it can be a move over $100 or more. As the war continues and now the US involved....any explosion on any oil field can spike OIL to all new high...so see the chart below...anything goes.
so for now, the best is a guest speaker that can help your motivation towards GOLD so watch this very important guest speaker try to motivate you into a safe hard asset....