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Top Three Videos – May 18, 2024

► Searching for the Best Gold IRA Company?
This is a MUST-Read...

Dave Skarica: Gold and Silver Breakout!!! (May 16, 2024)

StockChartoftheDay...

Summary

 
 

There is potential for a significant breakout in the gold and silver market, with silver possibly reaching all-time highs and presenting a leveraged play for significant gains.

 

  • All asset markets now look like they’re bottoming and turning higher, suggesting a positive trend in the market.
  • Potential for silver to break $30 and reach 40 to 45 range, possibly leading to all-time high.
  • The next two months could potentially see a huge breakout in the gold and silver market.
  • Our sponsor company saw a huge breakout and is now up at 43, a very leveraged play in the market.
  • Silver breakout could lead to a very leveraged play with potential for significant gains.
  • Gold and silver breakout happened earlier than expected, indicating potential for further movement in the market.
  • “I don’t see any way they’re raising rates because when if Commodities are going up like copper is breaking out as well.”
  • Gold and silver are firming up, especially for companies with larger resources, indicating a positive trend in the market.

 

Republican Party: Old and New ...(May 15, 2024)...

Radio Rothbard...

Summary

 
 

The Republican party’s shift under Trump has revealed a lack of self-awareness, a departure from traditional fiscal responsibility, and an incompatible war posture, leading to a lack of real working ideology.

 

  • The fact that the security State freaks out over Trump and the CIA and FBI seem to hate the Trump regime is an indication that there’s something good going on in the new iteration of the Republican party.
  • Trump has changed the way Republicans view the nature of government, building resentment and destroying the credibility of institutions.
  • The frustration and anger towards Republican members of Congress shows a lack of self-awareness in drawing a line in the sand against Trump’s influence.
  • “Those people who wanted to uh have you imprisoned for not getting the VAC. Those people who wanted you rounded up and thrown in a cage for stepping outside your door.”
  • The idea that the Republican party is a party of fiscal responsibility hasn’t been true in many decades, with massive welfare and warfare state spending since Reagan.
  • Republican presidents are responsible for massive deficit spending and government intervention, leading to inflation and future tax burdens.
  • “Maintain peace with constant war and we want war… a bizarre position but people actually fall for it.”
  • The Republican party’s war posture is incompatible with fiscal responsibility and free enterprise, illustrating a lack of real working ideology.

Chris Vermeulen: Gold Price Projections for June (May 17, 2024)...

Sprott Money...

Summary

 

There is potential for a rally in both equities and precious metals and miners, creating a favorable market for both sectors.

 

  • The speaker predicts a potential rally in both equities and precious metals and miners, creating a favorable market for both sectors.
  • The market rally and pullback strength can help predict the next price targets for the SP 500 using Fibonacci extension.
  • Depending on the timeframe, there is potential for a 10% increase in gold prices, which means miners are likely to have a very nice move.
  • Mining shares have doubled in the last couple of months, with some trading at three-year highs.
  • The potential upside for miners is significant, with GDX possibly running up to 17-18% from its current position.
  • Gold is expected to outperform the stock market for a short window of time, potentially for a month or two.
  • The charts are looking really good, close to resistance and breaking out on minors, with some pretty good upside potential.
  • Silver miners are on the verge of breaking out of a resistance area, indicating a potential rally.
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