Home   Links   Editorials

Stay Long Gold As Bond Yields Rise

captainewave
email: admin@captainewave.com
website: www.captainewave.com

Apr 15, 2019

GOLD



Short Term Update

Despite Thursday’s “pullback”, “takedown”, or whatever analysts want to call it, the Captain’s view is that wave !iv! is complete at the 1279.50 low and that our wave !v! rally higher is now underway.

As you can see on our “Daily Gold Chart”, we need to strongly break and close above our red trendline that connects the three recent highs in this market.

Once that red line is broken we will have our confirmation that all of wave !iv! is complete at the 1279.50 low.

We will provide projections for the end of wave !v!, when we are sure that all of wave !iv! is complete.

Our initial projection for the end of all of wave $iii$ is:

$iii$ = 4.25$i$ = 1412.10.

Long term, our first projection for the end of wave .iii. is:

.iii. = 1.618.i. = 1447.20.

We do have higher projections. Of course, wave .iii. will subdivide into a 5 wave impulsive sequence in its journey higher. 

Trading Recommendation: Go long gold. Use puts as stops.

Active Positions: We are long, with puts as stops!


SILVER



Short Term Update

As you can see on our “Daily Silver Chart” it looks like wave .ii. has become a double 3 wave pattern, with the second wave ^c^ possibility being complete at the 14.85 low.

Once wave .ii. ends we should expect a very sharp rally in wave .iii., to be the next big event in this market.

As with gold, our confirmation will come when we break and close above our red trendline that connects the recent highs, as shown on the chart. 

We will provide our initial projections for the end of wave .iii. when we are sure that all of wave .ii. is complete.

Trading Recommendation: Go long silver. Use puts as a stop.

Active Positions: We are long, with puts as stops!


T-BOND YIELD



Short Term Update

We are working on the assumption that all of wave *a* likely ended at the 2.356% low for the 10year bond yield. If this is the case, we should be now rallying in wave *b* that will become either a flat or irregular type correction.

Wave *b* should rally all the way back to the start of the correction, which is 3.248%. Wave *b* could also become a bearish triangle.

In the very short term we likely completed a small 5 wave impulsive sequence from the 2.356% low to the current high of 2.544%.

If that is the case, then we likely completed our small correction at the 2.463% level and should therefore be moving higher again.

Our alternate count is that all of wave (ii) is complete at the 2.356% low. If this is the correct count, then we should also expect this market to start to rally sharply higher in wave (iii).  



Long Term Update

The 10year bond yield reached a historic low of about 1.336% on July 06, 2017 and it has started to rally higher.

We expect that in the coming years the US 10year bond yield will rally back to at least the 15.84% level that was reached in September of 1981!

Trading Recommendation: Go long, risking to 2.350%.

Active Positions: Long, risking to 2.350%!

Free Offer For Website Readers: Please send me an Email to admin@captainewave.com and I’ll send you our key “Gold Miners Reach For The Sky!” report. I include important wave counts for the CDNX and key individual miners, with tactics to help investors make money!

Thank-you!

###

Apr 15, 2019
captainewave & Crew!
email: admin@captainewave.com
website: www.captainewave.com

Risk: captainewave.com is an impersonal advisory service and, therefore, no consideration can or is made toward your financial circumstances. All material presented within captainewave.com is not to be regarded as investment advice, but for general informational purposes only. Trading stocks does involve risk, so caution must always be utilized. We cannot guarantee profits or freedom from loss. You assume the entire cost and risk of any trading you choose to undertake. You also agree to bear complete responsibility for your investment research and decisions and acknowledge that captainewave.com has not and will not make any specific recommendations or give advice to you or any of its clients upon which they should rely. captainewave.com suggests that the client/member test all information and trading methodologies provided at our site through paper trading or some other form of testing. captainewave.com, its owners, or its representatives are not registered as securities broker-dealers or investment advisors either with the U.S. securities and exchange commission or with any state securities regulatory authority. We recommend consulting with a registered investment advisor, broker-dealer, and/or financial advisor. If you choose to invest with or without seeking advice from such an advisor or entity, then any consequences resulting from your investments are your sole responsibility.

All information posted is believed to come from reliable sources. captainewave.com does not warrant the accuracy, correctness, or completeness of information available from its service and, therefore, will not be liable for any loss incurred. Due to the electronic nature of the internet, the captainewave.com website, its e-mail & distribution services and any other such "alerts" could fail at any given time. captainewave.com will not be responsible for unavailability of use of its website, nor undelivered e-mails, or "alerts" due to internet bandwidth problems, equipment failure, or acts of god. captainewave.com does not warrant that the transmission of e-mails, or any "alert" will be uninterrupted or error-free. captainewave.com will not be liable for the acts or omissions of any third party with regards to captainewave.com delay or non-delivery of the captainewave.com nightly emails or "alerts". Further, we do not receive any form of payment or other compensation for publishing information, news, research or any other material concerning any securities on our site or publish any information on our site that is intended to affect or influence the value of securities.

There is no guarantee past performance will be indicative of future results. No assurance can be given that the recommendations of captainewave.com will be profitable or will not be subject to losses. All clients should understand that the results of a particular period will not necessarily be indicative of results in future periods. The results listed at this website are based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated trades do not represent actual trading. Also, since the trades have not actually been executed, the results may have over or under compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. No independent party has audited the hypothetical performance contained at this website, nor has any independent party undertaken to confirm that they reflect the trading method under the assumptions or conditions specified hereafter. While the results presented at this website are based upon certain assumptions believed to reflect actual trading conditions, these assumptions may not include all variables that will affect, or have in the past affected, the execution of trades indicated by captainewave.com. The hypothetical results on this website are based on the assumption that the client buys and sells the positions at the open price of the stock. The simulation assumes purchase and sale prices believed to be attainable. In actual trading, prices received may or may not be the same as the assumed order prices.

321gold Ltd

4911