Premium Only Content
Patrick Karim: Lines in the Sand for Gold and Silver
Tom welcomes Patrick Karim back to the show to discuss his latest charts. Patrick is a proprietary capital manager and chart trader.
To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.ca
Patrick examines the ratio of the junior miners to silver, and currently, we are in a triangle pattern that could break in either direction. Hopefully, we get another bounce off of support and takeout overhead resistance. He sets some specific targets on the six-month silver junior chart necessary to hold this phase of the bull cycle.
Franco-Nevada often leads gold out of bottoms, and he shows some of the interesting technicals on this chart. It oscillates off a one-year moving average, and the chart shows when a rally usually occurs. Presently, the chart seems bullish for the entire sector.
Gold should begin appreciating, particularly when contrasted with the total amount of public debt. He shows an interesting chart of lumber versus gold which appears to be signaling a bottom for gold.
We see a bullish cross on momentum for the gold/silver ratio. This cross is indicating a coming bullish period for silver.
The DJIA Index shows potential for another melt-up in the markets and is quite similar to the 2001 dot com bubble.
Time Stamp References:
0:00 - Introduction
1:03 - Junior Miner Ratio
6:50 - Silver Juniors
8:50 - Franco Nevada Monthly
11:20 - Miners Vs. Franco
13:26 - Miner Cloud Charts
15:52 - Dow/Silver PF Chart
20:35 - Gold/Public Debt
26:34 - Silver/Public Debt
28:57 - Lumber Vs. Gold
30:46 - Gold/Silver Ratio
36:33 - DJIA Index - Monthly
39:14 - Russell 2000 & Silver
41:29 - Gold's Historic Gains
44:35 - Silver Arbitrage
46:44 - Silver PF Chart
51:54 - Wrap Up
Talking Points From This Episode
- Junior miner's performance and expectations.
- Franco Nevada as a leading market indicator.
- Gold/Silver compared with Public Debt.
- DJIA potential melt-up and comparisons to past bubbles.
Guest Links:
Twitter: https://twitter.com/badcharts1
Twitter: https://twitter.com/NorthStarCharts
Website: https://NorthStarBadCharts.com
YouTube channel: https://www.youtube.com/patrickkarim
Patrick Karim is a proprietary capital manager and chart trader since 2006. Patrick's background in commerce, psychology, and an ongoing career in systems engineering has allowed him to evaluate trading scenarios systematically.
His psychology background helps him understand the human factor: overcoming stress, which is mostly responsible for maintaining a successful career.
#PatrickKarim #Silver #Charts #TechnicalAnalysis #Gold #Miners #Juniors #Silver #Lumber #DJIA #Russell2000 #Debt
-
1:04:25
Palisades Gold Radio
12 days agoTim Price: Real Assets are Returning to the Playbook of the 1970s
4892 -
1:15:40
Man in America
10 hours agoThe DISTURBING Truth: How Seed Oils, the Vatican, and Procter & Gamble Are Connected w/ Dan Lyons
47.9K38 -
6:46:07
Rance's Gaming Corner
12 hours agoTime for some RUMBLE FPS!! Get in here.. w/Fragniac
135K1 -
1:30:48
Josh Pate's College Football Show
11 hours ago $4.99 earnedCFP Reaction Special | Early Quarterfinal Thoughts | Transfer Portal Intel | Fixing The Playoff
34.3K -
23:55
CartierFamily
3 days agoElon & Vivek TRIGGER Congress as DOGE SHUTS DOWN Government
120K102 -
5:43:44
Scammer Payback
2 days agoCalling Scammers Live
189K26 -
18:38
VSiNLive
2 days agoProfessional Gambler Steve Fezzik LOVES this UNDERVALUED Point Spread!
140K17 -
LIVE
Right Side Broadcasting Network
10 days agoLIVE REPLAY: President Donald J. Trump Keynotes TPUSA’s AmFest 2024 Conference - 12/22/24
2,895 watching -
4:31
CoachTY
1 day ago $28.15 earnedCOINBASE AND DESCI !!!!
184K11 -
10:02
MichaelBisping
1 day agoBISPING: "Was FURY ROBBED?!" | Oleksandr Usyk vs Tyson Fury 2 INSTANT REACTION
104K14