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| By Jim Nelson |
This week was packed with all kinds of stories that should have — in a normal world — moved the market.
We had a Fed cut almost no one seemed to care about. It was priced in for over a month.
The government shutdown continues on, with SNAP benefits disappearing today.
President Trump completed a world tour, complete with updates on trade policy.
Yet, nothing really moved the market.
Instead, something else became the focus for your Weiss Ratings analysts … gold.
And rightfully so. Just look at the wild action at the end of this gold chart:
That looks like a sharp pullback. And, indeed, it was over 10% from top to bottom.
Michael A. Robinson even noted this dip when he suggested an alternative … what he calls “The Future of Money.”
But Nilus Mattive, your income and safe-money expert, says this is nothing but an ordinary profit-taking pullback in what could be a huge rally.
In fact, he gave two incredibly large target prices. Both are completely based on what gold’s done in the past.
The first says that $15,000 gold is on the table.
That’s more than double precious metal expert Sean Brodrick’s $6,900 price target.
Nilus also said that, with “stagflation” now a possibility, you can even look to gold’s performance in the 1970s for inspiration.
If it followed that course, you’re looking at a 2,329% rally in gold from start to finish.
From where we sit, we’re getting a little déjà vu.
In July, we wrote that gold was stuck at $3,500 for too long. And that it was due to break out again.
That clearly happened about a month later in late August.
But even though it busted through $4,000 per ounce once, it appears to be stuck again.
We discussed this phenomenon before — the psychology of round numbers.
The short version is that we may see another period of gold prices coiled up around this $4,000 mark.
Investors are never completely rational. And there’s something about pushing past large round numbers like $4,000 and $3,500 before it that is tough to overcome.
Still, whether you think Sean’s $6,900 target is right or that we’ll return to a 1970s environment for a $15,000 price and beyond, this is still a buying opportunity.
But there is a better way to play this period of sideways gold action.
Just this past week, your Weiss analysts came together for an important retirement event.
The strategy they discussed offers you the chance to collect large streams of income from assets like gold that aren’t known for paying anything.
You still have a short time left to watch the whole event. We recommend you do so now.
Of course, that’s not the only investment on your experts’ radar.
Sean, while still the chief gold expert around here, is also our cycles guru. And the “War Cycle” is still in full gear.
The latest news out of China is sending U.S. drone stocks soaring. Here’s how Sean recommends you play those.
Nilus also took a break from gold to share the four Wall Street pitfalls to avoid as we wind down 2025.
That’s it for this week.
Again, if you haven’t watched the “All-In Retirement Income Challenge,” I recommend you do so while it is still up.
As always, have a great weekend!
Jim Nelson
Managing Editor, Weiss Ratings Daily
