Gold $4300-$4200: The Key Zone To Buy Stewart Thomson
email: stewart@galacticupdates.com
email: admin@galacticjuniors.com
email: admin@galacticswinger.com
Sep 1, 2026
- Another “traditional” US jobs report week is underway, with gold soft on “Tombstone Tuesday”, and moving towards a key buy zone for all precious metal enthusiasts.
- Please click here now. Double-click to enlarge. After surging almost 20% in a month and breaking out of the corrective channel marked by dotted lines on this daily chart, gold is staging a classic pullback towards the breakout point.
- The $4300-$4200 zone is targeted.
- Please click here now. Double-click to enlarge. As gold corrects, oil surges… and the target is the highs in the $110-$119 area.
- Mainstream media highlights what is supposedly a key relationship between oil, interest rates, and gold.
- In a nutshell, their narrative is that gold pays no interest and so a higher price of oil brings Fed rate hikes that are negative for gold.
- Please click here now. Double-click to enlarge this long-term US interest rate chart. In the 1970s, the Fed was able to hike rates to the 15% area to slay inflation… and the government could still finance its debts.
- Now, even an 8%-10% interest rate could put the government into a state of full default.
- Incredibly, the nation’s so-called leaders are ignoring this risk… and so are the gold market narrators.
- The bottom line: When interest rate hikes go from push to shove, it’s “Queen Gold” that will shove the fiat-focused government off its cliff of debt. The Fed can afford to “talk hawk” and do little with rates, because inflation (basis the CPI, PPI, and PCE indexes) is only 3%-4%.
- If oil surges not just to $110-$119, but to my long-term target zones of $200 and $300, US inflation will skyrocket and the Fed will have no choice but to hike rates into the 8%-10% danger zone… and beyond!
- The government will then have to choose between massive spending cuts and printing money. History shows that when faced with default and bankruptcy, governments almost always embrace aggressive fiat currency debasement.
- Please click here now. Double-click to enlarge. A large inverse H&S pattern is forming on the daily silver chart. The current pullback is forming a right shoulder and that’s in sync with the price action for gold.
- Please click here now. Double-click to enlarge. President Donnie envisions 20% GDP growth… but the debt could soon grow at an even faster rate.
- Please click here now. Double-click to enlarge this PDBA agricultural ETF chart. Like gold and silver, agricultural commodities pay no interest… yet they are beginning to skyrocket alongside oil.
- Please click here now. Double-click to enlarge this sugar market ETF (CANE). A huge inverse H&S pattern is in play, and the right shoulder is a bull wedge.
- The bottom line: Massive inflation is coming. Vastly higher rates that threaten the US government’s very existence are coming. The only question is:
- Are investors prepared?
- A daily focus on the big picture is critical for investors as inflation, tariffs, war, a wildly overvalued stock market, debt ceiling horror, and empire transition dominate the investing landscape. I cover this big picture 5-6 times a week in my flagship Galactic Updates newsletter. At $199/year, investors feel the price is too low, but I’m offering a $179/15mths “special offer” that investors can use to get in on the winning action and meticulous analysis. Click this link to get the offer or send me an email and I’ll get you a direct credit card payment link. Thanks!
- What about the miners? Well, please click here now. Double-click to enlarge this GDX daily chart. While precious metals (gold, silver, platinum, and palladium) can be bought now… the focus for mining stock buyers should be the $4300-$4200 target zone of the current pullback for gold.
- That could see GDX trading at about $85.
- Please click here now. Double-click to enlarge. The ADL (advance/decline line) for the Dow finally collapsed and the Nasdaq, SP500, and the mighty Dow itself are likely to follow.
- A well-deserved crash of the outrageously overvalued US stock market could help put GDX into my $85 target zone, which would also complete the formation of the right shoulder of a very bullish inverse H&S pattern. To summarize the current situation:
- All gold stock hands need to be on buy-side deck, because what lies ahead likely features 15% rates, $15,000 gold, $1500 GDX, and individual gold stocks reaching bull era valuation heights that make shareholders giddy!
Thanks!
Cheers
St
Sep 1, 2026
Stewart Thomson Graceland Updates
website: www.galacticupdates.com
email for questions: stewart@galacticupdates.com
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Tuesday 1st Sep 2026
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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
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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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