Are we near the top of the stock market? I think we are close. They can continue to cover up the awful state of the economy, of manufacturing, of inflation, for a short period more. The market will respond well to more money printing, and lower interest rates so it will go up more before the zenith.
The real economy will just take more strain while the stock market compensates for all of the governmental and FED misdeeds, going higher, until it no longer does, and the elites enjoying their comfortable lives see the devastation in the real economy and their share portfolios.
Only 45% of small businesses are reinvesting in their own companies. This means that 55% are not reinvesting, resulting in stagnation and possible future closure. When investment stops, research, development, and innovation disappear, jobs disappear, tax revenue disappears, and the work or products otherwise bought from smaller businesses goes to ever-enlarging big businesses.
The game of snakes and ladders comes to mind, short ladders up and long snakes down, particularly near the end. In my opinion, there is still time for a blow off top, but beware, when the fall comes, it is quick and violent.
Does this look like it is ready for a correction? Would a 50% correction be plausible? Absolutely. Maybe more, once the correction gets underway.
PLATINUM
BUY: (28 November 2025)
URANIUM
BUY: (03 November 2025) URA.
BITCOIN AND GOLD
Bitcoin outperforms Gold (03 December 2025). 21.71 one ounce gold coins buys a bitcoin, this was over 41 ounces almost a year ago.
ETHUSD: BUY: (26 November 2025)
BTCUSD: BUY: 23 November 2025. NASDAQ (Cyan).
GOLD AND SILVER STOCKS
06 November 2025 Gold stocks outperform gold.
Silver stocks outperform silver (21 November 2025). Looking as if a reversal is starting.
GOLD AND SILVER
Silver to Gold Ratio
Silver outperforming Gold. (07 November 2025) When we think that silver is coming out of the ground at about 8:1 and the Gold: Silver ratio is 71.96:1 something is way out of kilter. Silver is an astounding buy at this time. The ratio is falling showing the strength of silver against gold.
GOLD TO USD
Gold outperforms USD, (11 November 2025).
A LOOK AT THE GOLD AND SILVER CHARTS
| Today | Last Week | |
|---|---|---|
| Gold Price | $4,192.00 | $4,153.00 |
| Silver Price | $57.34 | $53.15 |
| Gold:Silver ratio | 72.95:1 | 78.11:1 |
| Gold Miners bullish percent index | 92.59 | 77.78 |
| Dollar Index | 98.95 | 99.64 |
| Dow:Gold Ratio (BahaUS 47,910.00 Gold price, $4,192.00) | 11.43 | 11.38 |
| Current USA inflation rate (Dept. of Statistics) | 3.0% | 2.9% |
Gold’s low of the week was $4,163.00 and the high was $4,264.00, now trading at around $4,196.00.
- Gold Monthly: is a HOLD. We bought at $1,800.00 in October 2023. Looking overbought, but it can hold that situation for a while. No sell signal yet.
- Gold Weekly: (HOLD 25 August 2025) Overbought. No sell signals yet. An unusual pattern. A definitive candlestick sell, then a recovery. Let us see if the recovery holds.
- Gold Daily: (HOLD: 12 November 2025). It almost looked like a sell on the daily chart but the indicators are holding.
The low for Silver this week was $55.81 and the high $58.97, trading around $57.33 at present.
- Silver Monthly: HOLD. (Buy: $24.00 March 2024). Looking overbought. No sell signal yet.
- Silver Weekly: (HOLD: 25 August 2025). Overbought but still positive indicators.
- Silver Daily: HOLD (10 November 2025). Silver formed a cup and handle. This pattern completed then the price blasted upwards about $4.00.
Our partner has stock of both gold, silver and Goldbacks in our vaults available in Panama. Please contact us for more information.
A video by Mike Adams on the Goldbacks.
Well worth a look!
On the Stockcharts.com charts, the blue vertical lines are our proprietary system buy signals and the red vertical lines are system sell signals – for information purposes only
An interview with Josh, owner of Scottsdale Mint:
Please contact us to arrange the purchase and storage of your gold and silver requirements in a safe, insured location outside of your jurisdiction.
If you are interested in an overview of Fort Kobbe, you may want to have a look at this video: Mike Brown, Director, Fort Kobbe, International Vaults, A DotCom Magazine Exclusive Interview
This is my interpretation of the market and is not to be taken as financial advice. Before making any buy or sell decisions I recommend that you consult with your professional financial advisor.
RECENT COMMENTS