Silver’s Doing Exactly What It Was Likely to Do
As I warned my subscribers, silver was likely to form a double top, with the second high slightly above the previous one.
Expert's Profile
Alex Demolitor
Helping investors find long and short fundamental value in the precious metals market.
Most recent content
Gold & Silver Soar, Miners Test
Gold’s up, yet miners pause after an initial move up and reverse on an intraday basis.
Gold Stocks Refuse to Rally with Gold
Exactly. The GDXJ ETF, proxy for junior and mid-tier gold/silver miners looks like it’s done rallying, and its move above $100 will be invalidated shortly.
Gold, Its Rally and Its Upside Target
Gold soared today and it almost touched the $4,000 level, but miners already reversed.
Even Huge Breakdowns Get Verified
We saw a powerful breakdown yesterday. Breakdowns tend to get verified. We see that today.
Approach / Strategy
Looking at the Interconnectedness of Markets for the Medium-Term
Alex Demolitor analyzes the movements in the stock, commodity, bond, and FX markets to determine the likely direction of the precious metals. Financial markets are interconnected, and what occurs in one market often cascades across others. Furthermore, gold’s fundamental value is often determined by the performance of the U.S. dollar and real interest rates, which makes it essential to monitor these crosscurrents.
Alex’s investment horizon ranges from one to three months, as the technicals dominate in the short term, while the fundamentals are more potent over the medium term. In addition, specific price levels are not considered. Instead, the goal is to position for events when the risk-reward is attractive. Therefore, as the fundamentals change, the risk-reward changes, and whether or not to enter or exit a position changes as well. So, it’s an evolutionary process that includes continuously analyzing new data.
Full Bio
Alex Demolitor hails from Canada, and is a cross-asset strategist who has extensive macroeconomic experience. He has completed the Chartered Financial Analyst (CFA) program and specializes in predicting the fundamental events that will impact assets in the stock, commodity, bond, and FX markets.