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A Gold Price Sale: Is It Time To Buy?

Stewart Thomson
email: stewart@galacticupdates.com
email: admin@galacticjuniors.com
email: admin@galacticswinger.com

May 5, 2026

  1. Almost nobody in ancient Rome really cared about the mayhem that was happening in the “colonies”, much of it perpetrated by Rome itself… provided everything felt fine on the homefront.  

  2. Later, Rome burned to the ground and citizens of the colonies snickered as it did.

  3. Is it the same situation in America today? It likely is.  

  4. How long can the current narrative persist… the bizarre narrative that a massive global fertilizer and fuel supply shock means citizens need to get rid of their gold because America’s fiat Fed is supposedly “big and strong”?

  5. Savvy gold bugs around the world are ignoring the narrators. They are eager to use the price sale created by this false narrative to get more gold, silver, and high-quality mining stocks.

  6. There’s a price sale in play but… is it really time to buy? Well, for some key insight into this matter, please click here now. Double-click to enlarge this daily gold chart. A rough 8% price sale is in play. It’s featured gold moving from the $4900 zone to about $4500.

  7. The problem for investors is that there’s no big price support here, but the good news is that the lead line of the key 14,7,7 series Stochastics oscillator has reached oversold status.

  8. In a nutshell, gold is now a solid buy… for gamblers.  

  9. Some gold bugs only invest. Others gamble. Others (including me) do both, but we are mainly focused on investing… and so the tactical rule of thumb is that buys done here should be small.   

  10. Please click here now. Double-click to enlarge. Viewed in isolation, silver is slightly more perky than gold; there is support in play (at $70) and unlike gold, the fiat price of this fabulous metal is still well above its most recent low.

  11. The action of the Stochastics oscillator and the price sale from about $83 to $70 make it a very good buy… for gamblers.

  12. Next, please click here now. Copper stocks are also in a buy zone… but it’s also just a gamble buy zone:

  13. Stochastics is perfectly positioned, but neither gold nor the Dow are at key support, meaning copper stocks are supported by nothing except a small price sale and an overbought oscillator… albeit an oscillator with a superb record of calling turns!

  14. Note the previous buy zone, where the Dow was at huge support at 45,000, gold at $4400 support, and Stochastics was dramatically oversold at the same time.  

  15. In just a month, the COPX ETF roared 30% higher from that spectacular buy zone, and some juniors were up 100% in the same period. Many more such buy opportunities lie ahead for investors to buy with size… but patience is required.

  16. For a look at the silver miners, please click here now. Double-click to enlarge. Again, a buying opportunity for gamblers is here. The Stochastics action looks fantastic but…

  17. There’s no huge support zone for gold or the Dow, so silver stock enthusiasts can join me on the buy, but they may want to also consider keeping the size of those buys small.

  18. What about the smallest juniors? Please click here now. Double-click to enlarge. Compared to COPX, SIL, and gold itself, the CDNX has been resilient over the past week but…

  19. Note the position of the Stochastics oscillator at the bottom of the chart. It’s not quite fully oversold. My suggestion for “junior gold stock bugs” is to showcase just a few more days of patience… and then eagerly step forwards and buy!

  20. As noted, many smaller juniors can roar 100% higher when gold moves just 10%.  

  21. Aggressive gamblers can buy now basis the other buy signals in the rest of the metals market, but I suggest everyone else (especially momentum-oriented players) should consider waiting until later in the week to buy.  

  22. Junior mine stock investing isn’t for everyone, especially with size, but as this gargantuan gold bull era rollout continues, these miners look set to outperform everything! At $199/year, my junior resource stocks newsletter is an investor favourite, and I’m doing a special pricing this week of $169 for 14mths! Send me an email or click this link if you want the special offer and I’ll get you onboard. Thanks!

  23. What about the senior miners? Please click here now. Double-click to enlarge. The situation with the seniors is similar to the other metals market sectors; it’s time to buy, but the size of the buys should generally be small.

  24. The childish narrative that investors need to sell gold because potential starvation in Asia and global stagflation is at hand is a concern. Savvy gold bugs don’t have time for nonsensical narratives, but I’ll dare to suggest they should always have time to get more gold. The time to do that, in a small way, is here today!    

Thanks!     

Cheers

St

May 5, 2026
Stewart Thomson
Graceland Updates
website: www.gracelandupdates.com
email for questions: stewart@gracelandupdates.com
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Tuesday 5th May 2026
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