New video shows just how high gold and silver can go

The gold and silver markets rallied dramatically to the upside as concerns and worries over oil supplies, inflation, and general nervousness in the world markets pushed both metals into new high ground.

I have just completed a new short video where I share with you my upside target zones for gold. The video only takes a few minutes to watch and emphasizes how important technical analysis is in the gold market. Our weekly Trade Triangles have been long gold from $1,368 and it looks as though that position is going to work out well.

We also refer back to a video that I made on September 20th last year, which underscores the importance of cyclic work in the gold market and, how if these same cycles hold true, can predict with a fair degree of certainty when the next cyclic high is going to occur.

I reveal all of this in this new short video that I think you'll find both informative and educational.

As always all our videos are free to watch and there are no registration requirements. If you'd like to share this video with your friends, please feel free to do so. We would also love to hear your comments so please tell us what you think via our blog.

All the best,

Adam Hewison
President of INO.com
Co-founder of MarketClub

36 thoughts on “New video shows just how high gold and silver can go

  1. For another alternative factual view on whether to go long or short gold, you might want to consider the latest commitment of traders report in the U.S. Commodity Futures Trading Commission (CFTC) website.

    The latest commitment of traders report shows that the number of non-commercial long gold futures contract outnumber the number of non-commercial short gold futures contract ie. 274,208 vs 59,282, and the increase of the long futures contract over the past week is 12,873 while the number of non-commercial short gold futures contract dropped by 308.

    For long term investors, you might want to take profit when the number of non-commercial shorts gold futures contract dropped significantly. For example, to between 10,000 – 20,000.

    Hope you find this useful.

  2. Because gold & silver are the two dramaticaly upsiding metals this is the wright weekly market to pull back.
    Shemsuu

  3. Hi Adam, this is a bit off topic but was today a good day for the "new high on friday rule" in regards to silver?

    Thanks 🙂

  4. Adam, maybe you remember me I was taking a long position at the beginning of the february 2011 as a result of stochastic oscillator indicator. What I am commenting about this time is political situation in the Middle East. As a foreign policy expert, I consider, IF international community or the USA deploy a military operation against the current Libyan government, other countries' people, more importantly the Saudi people will start to protest. Bcs they will believe after that point, international military support be available for their upraising. Then oil and gold will rocketing. In the next 3-4 weeks period, news have should been closely followed. Although there are many negative comments which are really irrelevant, I would like to thank your informations and patience. I want to use your system but it is not available for Turkish stock market. Best

  5. The silver to gold ratio has been moving in silver's favor consistently in the last year, I don't see any sign of that trend being broken. Both will continue to go up IMO but silver is going up faster.

  6. Have you stopped giving out the free signals on Gold to non-memebers ??

    There was no alert to long at 1368. Funny how most of the ones you published before were losses, and you did not publish this winner.

    1. Manfred,

      No but our members get priority and we have seen a huge surge in new memberships. You might like to join. This last trade in gold would have paid for your membership for 12 years. Just click on the button above and get started.

      All the best,
      Adam

  7. Hello , Adam , do you remember your videose from last year where you have used the same methods to convince us that Gold would never make a new High in 2010 ?What is the point make such predictions ? Just to get attention ?

    1. Stancho,

      It was to bring to your attention an amazing gold cycle. Which accelerated earlier than expected.

      All the best,
      Adam

  8. Your recent video on Gold breaking a resistance level after a long period of consolidation was a standard call. I did pick up some options and the first day did quite well. I woke up this morning to see that gold was DOWN 17%. What can one do about "after hours" type of trading. It puzzles me that their could be so much of a jump and we are pretty much defenseless.

    Do you have an insight into those type of moves which happen while we sleep? I got out with a small loss but it was a little scary.

    I have been a member for 2 weeks almost. I find it very informative and fun.

    1. Kenm,

      Surprising move today in gold. The trend is still +100 so it is intact.

      I am looking for the $1,410 level to hold in the short-term.

      All the best,
      Adam

  9. I am not yet a member here but i have traded futures for over 20 years and one thing i will say for Adam is that he does reply to all your emails..Try getting that at most other websites..Thanks adam for this site and i wish you the best

    Billy

  10. After today's (3-3-11) movement, we might have ourselves a key reversal. It may be time to short BOTH metals for a while. We'll just have to see how it plays out.

  11. Your previous video to short gold and long silver was pure crap, in view of the strong correlation between the two metals. If the markets had gone south, silver would have fallen more than gold. Any gains would be minimal or even negative, after taking transaction costs and slippage into consideration. Clearly, you are confused because if your view was that the markets would move upwards, you would not have recommended shorting gold. Your refusal to admit your reckless suggestion and your derogatory comments on contributors who point out your inconsistency is as unprofessional as it is demeaning.

    1. Getty,

      Thank you for your feedback. I see that you also are not a MarketClub member. If you disagree with what I say that is fine. I believe that silver will out pace gold on the upside. Let the markets do the talking as that is the bottom line in trading and not what I say or what you say.

      Every success in your trading.

      Adam

      P.S. Silver down.96% Gold down .90% net loss .06% compared to an almost 1% loss on a net position
      P.S. You may also want to try out MarketClub. You might be surprised.

  12. More recently, that is, before the current breakout, in your last video post you forecast gold to fall to the bottom of its range.

    Dont you consistently get this wrong?

    JPC

    1. John,

      I appreciate your feedback, but you really are not listening to my videos. I also see that you are not a MarketClub member which may explain why you you are making these comments.

      Take a 30 day trial on me to MarketClub and see what our members see everyday. Then make your comments. Otherwise you are commenting on a subject that you have not seen or put together all the facts.

      Click on the big orange button at the top of the page and get started

      All the best,

      Adam

  13. Adam, from your mouth to God's ear is my immediate response. I happen to agree with you on these prospects for gold. I do not believe that even the numbers you discuss in today's post come close to the inflation adjusted peak price of gold in 1980 (source inflationdata.com)
    I will say that while I will be less acerbic than Doug, I did get rather a wry smile out of the fact that only last Wednesday you were encouraging me to short gold. I happen to think that your call based on the chart was correct; I just couldn't bring myself to short gold into the scenario of Mid-East unrest. It's OK though. I don't claim a monopoly on being right and I don't believe I've ever heard you do so either. Last week's video did confirm my decision to partially rebalance out of gold into silver which since the green weekly trade triangle earlier in February has been a profitable decision. (I still retain a significant gold position).
    In closing I might add that apart from gold and silver some other metals are worth a look. I took a position in palladium (PALL) at the open this morning having read an article from Bloomberg last night on possible supply shortages from Russia. Although I do not have a position in copper I am also watching that due to forecast supply shortfalls.

  14. Adam, thank you and your team for all your educational efforts. don't mind the petty complaints, they complaint because of their ignorance.

    cheers

  15. Hi Adam,
    Here is my advice BTFD. Tough to call the top for gold and silver in this climate.
    One thing missing from your software is HUMAN FACTOR. Oh well, time for a glass of wine, cheers mate.

  16. I'm willing to bet that some of you naysayers weren't even born in 1975-80 or have enough experience in the metals market to be nit picking with Adam.

    These markets come to critical junctures as we just went through in the $1420 area and a area of caution until a "confirmed breakout." Some commentators call it the "Maginot Line" the French fortification of concrete bunkers against the Germans in WW1. Such was the $1,420 level.

    You can now wipe the barf off your collective bibs. 😉

  17. SO how does this gold breakout projection balance against your recommendation a couple of days ago to short gold?

    1. Glen,

      Are you familiar with going long one market and short another? It is called pair or spread trading. We said that silver should gain on gold. That was the whole point of the video. We were not advocating outright going naked short gold.

      Our trade triangles are long gold from $1,1368 and continue to hold that position.

      All the best,
      Adam

  18. Hi Adam, I believe you did not alert members to the change from red to green monthly triangle for gold- this is big news,no?

    1. jake,

      I hope you watched the video that we put out this morning on gold. Actually we put the video out at midnight last night for everyone to see. Yes, the monthly triangle is a big deal I am sure that members were alerted via our portfolio page for the world cup portfolio.

      All the best,
      Adam

  19. Did I miss something? On your first move up in gold you say gold moved about $550. When I look at your chart I see that gold went from about $700 to about $1000 for a three hundred dollar move. Same with your second leg, from about $1000 to about $1300. So using your timing and matching movement pattern, hasn't gold just about finished its current move up? Waht am I missing?

    1. HGF,

      Yes you did miss something. We are counting from the lows of the move to the highest point. I think you are counting from the actual breakout to the highs of the move.

      The numbers we have in the video are correct.

      Thank you for your feedback.

      All the best,
      Adam

    1. jparker,

      Futures use leverage and are volatile. If you haven't traded them before you want to be very very careful. While you can make lots of money in these markets they do require that you manage and place stops to protect your capital. If you're still interested, I would recommend talking to some brokers, the ones you see on our parent website INO.com.

      All the best to you,
      Adam

  20. You can't play both sides of the street, your either long or short a position how is it that just the other day the video was about shorting gold and just before that all the clamor about sell sell sell gold, now the hype is about how the triangles have been long gold since when? you guys have got to get your s...stuff together really!!!

    1. Doug,

      Before you start discussing our company getting our stuff together, I suggest you take a membership to market club and then you will know what we're doing because clearly you don't have a clue as to what were doing. You feel obligated to make these comments when you are uninformed about what members are seeing on MarketClub.. Excuse my bluntness, but that's how it is, if you are going to be successful in the markets.

      Try a membership to MarketClub, I think you may be impressed with what's going on.

      Adam

  21. Adam, most recently, you suggested going long silver and short gold. Today, it seems you have dramatically changed your position. Is that because of yesterday's break out? Why not hold my current gold position and add to that position in the event of a significant pullback?

    1. Swing Meyer,

      The purpose of our previous video was indicating that silver is going up faster than gold. And that silver was the strongest of the two metals at the moment. I think silver is up two or three times more than gold has in the past year.

      With today's new move into new high ground for gold, gold will begin to accelerate to the target levels we talked about in the video that we made available late last night.

      All the best,
      Adam

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