To 321gold home page

Home   Links   Editorials

Precious Metals: Higher Price Sustenance

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

Nov 11, 2025

  1. I volunteered for the Navy as a teenager, not to be a hero, but to get over my fear of being killed, maimed, or emotionally ruined in a war. Thankfully, I never saw any action, but many brave citizens did. Horrifically, governments enjoy glorifying some of their debt-funded wars while gleefully ignoring others.  

  2. Draft dodgers sometimes become chickenhawks that eagerly promote the madness. That creates a vicious cycle… 

  3. A cycle much like the never-ending war of debt-oriented fiat versus supreme money gold.

  4. Please click here now. Double-click to enlarge. Clearly, fiat isn’t faring well. Over the past 55 years, there have only been four times where this vile “wannabe money” has managed to rally against gold, and only one of them could be termed a bull market for fiat (1980-2000).

  5. I’ve predicted that there could be a brief bull run of significance for fiat, in 2029. That year marks the 100th anniversary of the 1929 stock market crash, which was followed with the infamous confiscation of gold.  

  6. After their gold was taken away, US citizens were ordered to fight for debt and fiat-oriented freedom in World War Two.

  7. The 100year anniversary of 1929 probably plays out something like the 2008 crash did, when gold quickly resumed its long-term mauling of government fiat.

  8. I’ll note that this mauling is becoming more Asian-themed by the day. As the gargantuan gold-oriented populations of China and India get a higher standard of living, their already-enormous demand for gold could rise exponentially.

  9. Please click here now. Double-click to enlarge this enticing short-term chart for gold versus US fiat. A significant inverse H&S pattern appears to be forming, targeting the $4400 area highs.

  10. Please click here now. Double-click to enlarge. In this highly likely scenario, gold pulls back from $4400 to about $4200 and a larger inverse H&S pattern takes shape.

  11. That pullback should be followed with a glorious rally to the big round number zone of $5000.

  12. Tuesdays are often a soft day for gold. Some conspiracy buffs refer to it as “Takedown Tuesday”. It’s true that the big sell-off from $4380 on October 21 did occur on a Tuesday but...

  13. My suggestion for investors is to focus on the awesomeness of gold and leave the debate about government and bank interference in the market to others.  

  14. The focus should be on getting more gold in key zones for action, regardless of what event puts the price into those zones.

  15. What about silver? Well, please click here now. Double-click to enlarge. Silver looks technically superb. There is also substantial inverse H&S formation in play, and the target of the pattern appears to be about $62.

  16. If the target zone is hit, the $54-$50 area likely becomes a massive “floor of sustenance” for higher prices… prices that should put some very large smiles on a lot of very patient silver bugs.

  17. For a key view of the miners, please click here now. Double-click to enlarge this phenomenal short-term chart for the CDNX index. A reaction was expected as it rose to the vital 1000 round number zone. That reaction has occurred and it’s been healthy; volume rose on the surge into 1000, and it has tapered as the price action has softened.

  18. Also, note the fabulous position of the Stochastics oscillator. MACD looks good too, and the key TRIX indicator has arrived at its zero zone… where huge rallies often begin. 
     
  19. 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!

  20. Please click here now. Double-click to enlarge this exciting GDX daily chart. I urged gamblers and aggressive investors to buy a 50% retracement of the gold stocks rally from $3500 gold and on that note…

  21. Please click here now. Double-click to enlarge this key dividend-stripped GDX chart. The 50% retracement put GDX at the 2011 highs of about $67.  

  22. The bottom line is that the move to $85 is turning the $67 area into the biggest “floor of sustenance” in the history of gold stocks. A further move up to $100 (my target is $110 for GDX at gold $5000) really locks that in.

  23. Please click here now. Double-click to enlarge. A move above $85 for GDX is also likely to coincide with a massive breakout from the huge inverse H&S pattern on this long-term GDX versus gold chart.  

  24. It’s unlikely that the big Elliot C wave for GDX on this chart ends until gold trades close to $10,000. Where could GDX trade then? Well, numbers like $200 and $300 are realistic projections. In a nutshell, to fully answer this question, space helmets may be required!

Thanks!     

Cheers

St

Nov 11, 2025
Stewart Thomson
Graceland Updates
website: www.gracelandupdates.com
email for questions: stewart@gracelandupdates.com
email to request the free reports: freereports@galacticupdates.com

Tuesday 2nd Dec 2025
Special Offer for 321gold readers
: Send an email to freereports@galacticupdates.com and I'll send you my free “CDNX: The Hidden Gems!” report. I highlight key CDNX precious metal stocks, with winning buy and sell tactics included for investors!

Graceland Updates Subscription Service: Note we are privacy oriented. We accept cheques. And credit cards thru PayPal only on our website. For your protection we don't see your credit card information. Only PayPal does.

Subscribe via major credit cards at Graceland Updates - or make checks payable to: "Stewart Thomson" Mail to: Stewart Thomson / 1276 Lakeview Drive / Oakville, Ontario L6H 2M8 / Canada

Stewart Thomson is a retired Merrill Lynch broker. Stewart writes the Graceland 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 Graceland 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 qualifed 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?

321gold Ltd