The signs of the US economy being in trouble keep popping up their heads. The narrative of the economy being strong does not resonate with me.
The speed at which it is slowing is concerning.
- Housing – Delinquencies are increasing every month.
- Jobs – Thousands of jobs are being cut. Work hour reductions are increasing. A slowing economy and AI are having a huge impact.
- Credit cards – Credit card debt is increasing every month. Delinquencies are accelerating.
- Banks – It is becoming harder to refinance and roll over debt instruments. Commercial real estate debt is being realized, moving from unrealized and impacting balance sheets. Watch the regional banks, particularly.
- Government funding – Treasury auctions are weakening. Foreign buyers and big banks are not buying the newly issued debt. The FED and Treasury are left to pick up the sales. Government debt and deficits are ballooning.
- Markets – Markets are being pumped by lowering interest rates when they should be increasing. By propaganda as to how well the economy is performing. Many companies are struggling, but the seven top companies and a few others are propping up the system. The prospect of more easy money keeps the stock market high (in both senses).
- Inflation – Rising inflation keeps the market prices rising to compensate for the devaluation of the dollar.
- The knock on effect of more households not having jobs will reverberate through the economy. The effects will impact every aspect of life. Stagflationary results will be felt, impoverishing a large part of the economy.
The results will lead to massive political propaganda, once again telling us how strong the economy is and how well it is doing and that the poor guys without work are exceptions.
The CPI (Consumer Price Index) shows no signs of slowing. The indicators show it is massively overbought. I see no signs of it collapsing at this time. It means when collapse comes, there are very few support levels. If we have a collapse, it will be massive and scary. Also, almost vertically down.
Is it going to happen? Absolutely. When? I have no clue.
PLATINUM
SELL: (14 October 2025). The run up in the Platinum price has been spectacular; a correction was to be expected, our system got us out with profit. The spike low may portend an early recovery. No buy signal yet.
URANIUM
SELL: (15 October 2025) URA. Looks like it is recovering, no buy signal yet.
BITCOIN AND GOLD
Gold outperforms Bitcoin (05 November 2025).
ETHUSD: SELL: (30October 2025)
BTCUSD: SELL: 30 October 2025. NASDAQ (Cyan).
GOLD AND SILVER STOCKS
From Rafi Faber. (His work is worth a look).
We established a resistance downtrend line in July 2016, hit in 2020 and 2022. We broke through it just a few months ago, and now we are approaching the trend line from the top. If we bounce off this and keep going higher, that would be a positive sign that gold stocks are looking to be revalued higher in real terms. The break through of the trend line was the first signal, and bouncing off it as support would be an important second signal. Let’s see if that’s what happens.
What should happen, if gold stocks are in a sustainable bull market (which I think they are) then the miners and streamers should drift higher even as gold consolidates, and then take off strongly again once the consolidation is over.
26 September 2025 Gold outperforms gold stocks.
Silver outperforms silver stocks (18 September 2025). Looking overbought but no change indicated yet.
GOLD AND SILVER
Silver to Gold Ratio
Gold outperforming Silver. Almost about to change.Signal given (15 October 2025). When we think that silver is coming out of the ground at about 8:1 and the Gold: Silver ratio is 80.00, something is way out of kilter. Silver is an astounding buy at this time, or gold is in for an extremely heavy correction. Love seeing the ratio move in the right direction.
GOLD TO USD
USD outperforms Gold, (22 October 2025).
A LOOK AT THE GOLD AND SILVER CHARTS
| Today | Last Week | |
|---|---|---|
| Gold Price | $4,014.00 | $4,011.00 |
| Silver Price | $48.58 | $48.87 |
| Gold:Silver ratio | 82.59:1 | 82.03:1 |
| Gold Miners bullish percent index | 55.54 | 55.54 |
| Dollar Index | 100.17 | 99.51 |
| Dow:Gold Ratio (BahaUS 47,333.00 Gold price, $4,014.00) | 11.79 | 11.88 |
| Current USA inflation rate (Dept. of Statistics) | 3.0% | 2.9% |
Gold’s low of the week was $3,926.00, and the high was $4,030.00, now trading at around $4,012.00.
- Gold Monthly: is a HOLD. We bought in at $1,800.00 in October 2023. Looking overbought, but it can hold that situation for a while. No sell signal yet. A spike high has formed (a sell signal), and we have to wait for the end of the month for confirmation. No sell yet.
Gold Weekly: (HOLD 25 August 2025) Overbought. No sell signals yet. I am worried about the tweezer top that has formed.
Gold Daily: (SELL: 20 October 2025).
The low for Silver this week was $46.86 and the high $49.10, trading around $48.53 at present.
- Silver Monthly: Hold. (Buy: $24.00 March 2024). Looking overbought. (Chart below). No sell signal yet. Horrendous spike high. Potential sell signal, we have to wait for confirmation.
Silver Weekly: (HOLD: 25 August 2025). Overbought but still positive indicators. Watch for a sell after the spike high.
Silver Daily: SELL (16 October 2025).
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.
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