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Gold: The Road To $5000

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

Aug 11, 2026

  1. Western mainstream media’s narrative for gold is on life support. The story told is that massive debt doesn’t matter, another bungled war doesn’t matter, and a collapsing SPR doesn’t matter. 

  2. The narrators say all that matters for gold is that America’s biggest fiat money soup kitchen (the Fed) might raise rates a quarter point, and that’s incredibly negative for gold.

  3. This childish narrative has terrified and demoralized amateur gold investors and leveraged funds… so they aggressively sold gold, silver, and miners into the recent $4100-$3900 buy zone lows.

  4. Please click here now. Double-click to enlarge. Oil surged $4/BBL yesterday… and gold surged too.

  5. Note the bull wedge breakout for oil, and the substantial base pattern for gold.

  6. The US government is running out of debt-funded missile interceptors for their bungled war in Iran, and stock market investors (price chasers?) are continuously told that a markets-enhancing “deal” is imminent, with US forces in “total control” of Hormuz.

  7. If they are in total control, why are tanker transits near zero… and why is gold beginning to rise alongside oil?

  8. Please click here now. Double-click to enlarge this SPR “chart of horror”. Some key investor considerations: The debt really is a problem, and the oil shortage can’t be fixed with rate hikes and deals.

  9. It’s taking a lot more time than silly government officials expected for thousands of new missile interceptors to be built and loaded onto the Navy’s ships. The bottom line:

  10. Savvy citizens should ignore the Western media narrators and get heavily invested in gold.

  11. Please click here now. Double-click to enlarge this daily chart. Gold has arrived at both horizontal and trendline resistance in the $4400 zone.

  12. Stochastics is also becoming overbought.

  13. At the same time, the CPI and PPI inflation reports are set for release tomorrow and Thursday. 

  14. A myriad of gold stocks are up 20%-50% from my key buy zone at $4100-$3900. In a nutshell, it’s time to book partial profits… while holding core positions with an iron hand.

  15. Please click here now. Double-click to enlarge. This is an isolated view of the key weekly chart 14,5,5 series Stochastics oscillator. 

  16. For gold, it’s arguably the greatest technical indicator of them all.

  17. Clearly, there’s room for Stochastics to surge (along with the price). The target zone of the short-term base pattern is the big resistance zone at $4900-$5000. Silver bullion and mining stock enthusiasts who acted at my $4100-$3900 buy zone can plan on doing more profit booking there. 

  18. Next, please click here now. Double-click to enlarge. While silver and the miners can be “traded” to make nice fiat profits, gold is by far the world’s greatest currency. Unless there’s a dire emergency, selling gold for floundering fiat is an act of madness.

  19. Please click here now. Double-click to enlarge this exciting CDNX line chart. A massive bull wedge is in play and MACD (20,40,10 series) suggests a breakout is imminent. Investors who acted in my previous buy zones (and the latest one at CDNX 850/gold $4000) are in great shape. 

  20. 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!

  21. Please click here now. Double-click to enlarge this stunning GDX daily chart. This incredible ETF has surged about 28%... in just a few weeks!
     
  22. Stochastics and RSI are now both overbought, so partial profits can be booked on buys done into the lows.

  23. Please click here now. Double-click to enlarge. Basis the weekly chart, the senior miners have a lot of room to run. Stochastics is now out of the oversold zone and sporting a crossover buy signal and the MACD histograms are surging. 

  24. If inflation rises a bit after the release of the CPI and/or PPI reports, Western media will drag out their silly gold-rates narrative. Any dip in the metals market this week caused by their statements is likely to be very short-lived. Have a golden day!

Thanks!     

Cheers

St

Aug 11, 2026
Stewart Thomson
Graceland Updates
website: www.galacticupdates.com
email for questions: stewart@galacticupdates.com
email to request the free reports: freereports@galacticupdates.com

Tuesday 11th Aug 2026
Special Offer for 321gold readers
: Send an email to freereports@galacticupdates.com and I'll send you my free “Gold & Silver Rockets!” report. I highlight CDNX-listed miners trading under $2.00 that look set for big gains. Solid tactics to minimize risk and maximize reward are included in this report!

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Stewart Thomson is a retired Merrill Lynch broker. Stewart writes the Galactic Updates daily between 4am-7am. They are sent out around 8am. The newsletter is attractively priced and the format is a unique numbered point form; giving clarity to each point and saving valuable reading time.

Risks, Disclaimers, Legal
Stewart Thomson is no longer an investment advisor. The information provided by Stewart and Galactic Updates is for general information purposes only. Before taking any action on any investment, it is imperative that you consult with multiple properly licensed, experienced and qualified investment advisors and get numerous opinions before taking any action. Your minimum risk on any investment in the world is 100% loss of all your money. You may be taking or preparing to take leveraged positions in investments and not know it, exposing yourself to unlimited risks. This is highly concerning if you are an investor in any derivatives products. There is an approx $700 trillion OTC Derivatives Iceberg with a tiny portion written off officially. The bottom line:

Are You Prepared?

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