People…relax. It s a correction.
If you re a serious gold investor, then I sympathize.
If you re freaking out, then this is not for you. If you re anxious, then you need to check your premises.
After all, what s changed since gold reached a new all-time nominal high over $2,000 last August?
Actually, most of the fundamental drivers that support gold have simply gotten more entrenched. And that ultimately means much, much higher gold prices over the next few years.
So, the current rout becomes a matter of perspective. After all, we ve set a lot of records lately…in a bad way. Unless you think record levels of debt, record low interest rates, record high stock valuations, and record levels of money supply will hurt gold prices, then relax.
Stock markets are soaring on the back of vaccines that herald the end game to the Covid nightmare. However the vaccines, covid-19 are all mere blips in the long-term trend trajectory that is being driven by AI and it s full spectrum application. For instance these are the key areas that I identified to focus upon over 5 years ago, though the number is always increasing as AI encroaches into every aspect of our lives which is why my focus primarily on core AI stocks rather than applications of AI.
The bottom line is that we are on exponential curve in terms of technological developments, which means expect things to change FAST! And likely most of us won t even beware of most of critical changes as they take place given the rapid pace of development, just that the implications of the developments WILL be discounted by the stock market through higher stock prices.
AI Stocks Buying Levels for 2021
After the bonanza of 201 it s time for a significant reorganisation of my AI stocks portfolio for 2021 and beyond. UK Housing Market Trend Forecast 2021
Will the UK follow the US inflationary lead or has Brexit and Covid combined to press the pause button on the UK housing bull market for 2021? Bitcoin trend forecast 2021
Everyone s now bullish on bitcoin at $50k, well my patrons got to buy it at under $10k!
Last two updates forecast conclusions -
Forecast Conclusion
Therefore my forecast conclusion is for the Bitcoin price to hold support at $9,400 in preparations for an assault on $12k, a break of which would target a break of $14k. However if support at $9.4k fails than Bitcoin could trade down as low as $6k BEFORE heading higher.
The polar vortex is at it again.
The weather phenomenon responsible for bone-chilling cold fronts settling over parts of North America and Europe, including those that normally experience mild winters, has held much of the central United States in its icy grip the past few weeks.
In mid-February, a blob of Arctic air moved as far south as Texas, causing extreme cold and heavy snowfalls, loss of life, traffic chaos and power outages for millions. According to the US National Weather Service, more than 100 million people over a distance of 1.6 million square kilometers were under winter storm warnings. On Feb. 16, some three-quarters of the continental USA was covered in snow, the greatest extent on record in the database which goes back to 2003.
FINRA stands for the Financial Industry Regulatory Authority. This tends to be the first line of defense against a bad experience with a securities broker, and it also has many other benefits. FINRA is an independent nongovernmental organization that focuses on the root of problems, securities sold to investors, and selling them to investors. It is the single largest independent regulatory body for securities firms operating in the United States. It writes and enforces the rules governing broker-dealer and registered brokers firms in the United States.
The agency oversees about 4,200 brokerage firms, 162,000 branch offices, and 629,000 registered securities representatives. This organization monitors the products and services each of them offers, thereby safeguarding investors and the public s interests in general against fraud and bad practices.