Feb 21, 2022
Summary:
Gold is getting close to the crucial 1900 range, and will probably
break it shortly. Silver and the mining stocks are lagging—what
does all of this mean for the markets? I have Michael Moor on the
show today to recap previous predictions in the markets, and
discuss what has played out since then. Moor expects to see a
bearish correction with Bitcoin against the move up, as well as a
bearish correction with Crude & Products. Moor gives lots of
insight regarding what’s to come across the markets, so be sure to
tune in.
Highlights:
-If the market gets damaged below the 1830 area, it could start
collapsing again
-Usually, the markets are on top of it when there are indications
of war
-Moor expects to see a lot more to the upside with crude oil
-There have been exponential price increases with coal as well as
record consumption
-If there’s no global shutdown, all energy is a good bet
-With Bitcoin, we were in a bearish correction against a bullish
trend. We might see a lower timeframe bearish correction against
the move up, but it will probably head higher
-Ultimately, Gold and Crude & Products look the best; we will
probably see a bearish correction with Crude & Products
Useful Links:
Financial Survival Network
Moor Analytics
Bitcoin and Gold Ready to Take Off
with Michael Moor
It’s All in the Charts: Higher Gold
with Michael Moor