The MontrealAnalyst.com finds that Harold Davis of www.prairiecropcharts.com in Winnipeg creates accurate and timely research focusing on the world commodities’ markets. We should keep in mind that strong commodities markets usually occur with negative industrial stock markets!  “Chartists like to say “the bigger the base, the bigger the rise”.  Judging by the extent of base building over the past eighteen months, wheat, corn and soybeans could enter major bull markets within the next year.

While this outlook is negative, I want to emphasize that there are thousands of overlooked and undervalued stocks in North America that offer exceptional opportunities for substantial capital gains. My technical and cyclical analysis suggests that the overall stock market faces more downside. As usual, excuses will be made and finger pointing will ensue.  

Originally posted on www.Canadianmineanalysis.com February 4, 2015  It has been long wait. While many gold and silver mining stocks have already made their multi-year price bottoms during the last two years, the recent price action has indicated to me that the final bottom has been completed. If all the conclusions of my technical analysis and cyclical analysis are correct, yes, we are now finished completing the bottoms in gold and the gold (and silver) mining stocks. A major piece has fallen into place with the U.S. Dollar apparently making its top which has been in progress since May 2015. One specific technical indicator that I use has given me a clear signal for months that the dollar’s ride up is nearly over. I have said before that if there had not been the major manipulation of the price of gold such as the “midnight sales” of paper gold during periods of inactive markets so as to “paint the tape,” the price of gold bullion would probably be somewhere between U.S. $1400 and $1500 an ounce. Keep in mind that certain central bankers have colluded to keep gold down.   And….if the all gold that was held in “safekeeping” (imagine calling it “safekeeping???) required delivery  in a timely manner, in my opinion the price of gold bullion would be near U.S. $2000 an ounce. Technical and cyclical analysis, Supply/demand, costs of production, officers and directors buying mining shares, no expansion of gold production, less exploration success and a bear market in […]

About fifteen years ago, Harold AGJ Davis and I were working in Montreal examining charts of the U.S. Dollar. Our conclusion was that it was forming a major top. Harold had noticed several “telling” indicators in the dollar’s chart. I have my own specific technical indicator that confirmed what Harold had noted in his technical analysis. My indicator, which has been quite “illuminating” and timely now has been suggesting a U.S. Dollar top being made since last April.