Gold Stocks Are Heading Higher        


Gold is escaping from the 48-month box. Expect a sharp move into 2024.ASX Gold Index close to 7700 NecklineSmall Caps are running again! Gold

  • US$2090 tested again
  • Should soon have an out-of-the-box experience!
  •  Gold Stocks

  • XAU breaking out
  • Short-term
  • Medium-term
  • Long-term
  • Leaders in lift-off mode

    • Northern Star
    • Newmont
    • Barrick
    • Agnico Eagle
    • Kinross
  • Gold stocks surging against gold bullion
  •  ASX Gold Stocks

  • XGD is ready for 7700 this week
  • 9000 by the end of 2023?
  • New highs in January?
  • Ready to break 16-year downtrend vs. AU$ gold
  •  US Bonds

  • Big fall in yields again
  • Bond prices still to rise another 5% soon
  •  US Stocks

  • DOW 30 making new highs
  • Transports above to follow
  • Utilities still dragging
  • Real Estate ETF breaks the downtrend
  • Russell 2000 Small Caps up 14% in December
  •  Copper

  • Close to US$4/lb
  •  GoldHistoric times.Gold has tested US$2090 today and is now ‘out of the box’! Four years of constriction and suppression, but we are now away. Kitco still doesn’t have its full system up again yet, but this one will do nicely for now.Up US$30 intraday. And just note that Small Caps are finally running: Russell 2000, Biotechs, and small resources stocks. This pattern really is working out well.Resistance here about 190 ( ~US$2050) should break through. It should be a US$50-70 jump. Well, we got that US$50-70 jump.The pattern here is in Wave 3, which should be accelerating from now on. Gold is jumping out of the box after four long years.  Gold StocksThat H&S was completed.Now, it is consolidating at the neckline ~129 before heading much higher. This index is in Wave 3 as well, BIG Wave 3. A nice pennant continuation pattern has developed here.Part of the slingshot move is underway.  ASX Gold StocksNot long before, the Neckline and previous highs at 7700 tested.Just 2.5% to go!Then quickly to 9888 and new highs. The long-term downtrend of XGD vs. Au$ gold is being broken.  Gold Stocks For YouNST – perennial – from many Christmases agoRRL – Big rerating coming will at least double in 2024CHN – Palladium and Nickel bottoming – massive short covering to come here – make the shorts squeal! (a precious metal stock, really!)NVA – 10moz now (AU$6/oz) and 20moz in the next few years – already up 70% from its recent cycle lowSXG – The next DEG – >5moz coming here – stock up 245% from recent lowsTOK – 0.5moz @ 10g/t on its way to >2moz and resumed gold productionSNG – 1.3moz on its way to 3moz and more (just AU$6/oz)ICL – Another tiny gold explorer that just might deliver something very specialTRM – Even tinier explorer looking for several million oz deposits @ 15-30g/tLGM – NSW Epithermal gold explorer just might hit the jackpot in 2024 CopperClose to US$4/lb.  US StocksHeading higher. Get ready here. Still waiting for this.  Small CapsBut no need to wait here.Going ballistic!Up 14% this month. Head the markets, not the commentators.More By This Author:Canadian Silver Co. Will See Big Changes In 2024Copper Is About To SoarPrecious Metals Sector Believed To Be Close To Major Uptrend

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