Everyone has an opinion. Thank goodness. This is how markets are made. If we are fortunate, or trained, or have a system, or are sufficiently experienced, we hope to get more than half of the calls correct.
Reading the economic tarot cards becomes more difficult as the markets become more controlled, ‘manipulated’. Price movements are no longer a reaction to real market conditions, as we no longer have any idea of what is real.
Everything is camouflage or misdirected or uncertain. Mixed messages are, I believe, deliberately disseminated.
Watching the tariff theatre unfold is the type of situation I envisage. How does one accurately anticipate price moves under on again, off again, higher, lower tariff structures. I think I understand the logic and hope it does lead to stable trading relationships, easier trade flows and lower taxes all round.
With the current economic uncertainty and current tariff structures in place, the additional costs of tariffs to consumers have to flow through into at least a temporary inflationary cycle. I like and know that the work, manufacture, and local production under these circumstances can and will happen. I also know that there is a local cost to be paid.
Generally people will be happy to have the products even at a higher price. If president Trump is as good as his word the additional costs will be offset by the tax reductions so that net net costs will not escalate.
I think we have to be patient and give the process time to work before being overcritical.
PLATINUM
Buy: (15 April 2025). Currently a hold.
URANIUM
Buy: (10 April 2025) Hold, looking a little overbought.
BITCOIN AND GOLD
Buy bitcoin versus gold (22 April 2025). Bitcoin continues to outperform gold. Just.
ETHUSD: BUY: 23 April 2025. ETH broke down. ETH has a potential buy signal, but not with great conviction. I am unhappy that it gives a buy and overbought simultaneously. That being said it does appear to be holding its gains. Just.
BTCUSD: BUY: 21 April 2025. NASDAQ (Cyan). The BTCUSD is still following the Nasdaq. Looking a little overbought.
GOLD AND SILVER STOCKS
Gold stocks outperforming gold. (10 April 2025). After a Trump blip. No change indicated yet.
Silver stocks outperform silver (09 April 2025).
GOLD AND SILVER
Silver to Gold Ratio
Silver outperforming Gold. (Signal given 22 April 2025) When we think that silver is coming out of the ground at about 8:1 and the Gold:Silver ratio is 103.95, something is way out of kilter.Silver is an astounding buy at this time or gold is in for an extremely heavy correction.
GOLD TO USD
USD outperforms Gold, (28 April 2025).
A LOOK AT THE GOLD AND SILVER CHARTS
| Today | Last Week | |
|---|---|---|
| Gold Price | $3,353.00 | $3,234.00 |
| Silver Price | $32.68 | $32.02 |
| Gold:Silver ratio | 102.60:1 | 100.93:1 |
| Gold Miners bullish percent index | 78.67 | 78.67 |
| Dollar Index | 100.02 | 99.63 |
| Dow:Gold Ratio (BahaUS 41,305.00 Gold price, $3,353.00) | 12.32 | 12.75 |
| Current USA inflation rate (Dept. of Statistics) | 2.4% | 2.8% |
Gold’s low of the week was $3,241.00 and the high was $3,438.00, now trading at around $3,357.00.
- Gold Monthly: is a hold. We bought in at $1,800.00 in October 2023. Funds flows into the metal are substantial. No sell signal yet.
- Gold Weekly: (Buy 13 January 2025) Overbought, looking good. No sell signals yet. Looking like a top. Spike high last week, expect a sell. (Chart below)
- Gold Daily: (SELL 23 April 2025). Looks like it could reverse easily.
The low for Silver this week was $31.98 and the high $33.25 trading around $32.69 at present.
- Silver Monthly: Hold. (Buy: $24.00 March 2024). Weakening. No sell yet.
- Silver Weekly: (BUY 14 April 2025). Looking slightly weak. No sell yet. (Chart below).
- Silver Daily: SELL (1 May 2025). Out of the market still stands.
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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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