High Conviction, Early-Stage, Unfiltered.
Vancouver, BC
Joined May 2011
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Payrolls came in at 165K. Expected: 65K. Wages hot, revisions up.
That’s the worst-case print for gold.
Gold dropped $22 in a minute… then put in a double bottom at $4,030 and bought back every dollar.
When the worst news can’t break it, pay attention.
I break down setups like this in detail for my subscribers, including which juniors move when gold clears $4,138.
smallcapinvestor.ca/
Gold just put on +$250 in four trading days, and the “gold is dead” crowd has gone very quiet.
Friday it printed a 1-year low at $3,870. Wednesday it ripped 3.4%, the best day since August. This morning it’s at a 2-week high.
The chart is simple.
$4,111 was the shakeout. Every dip since has been bought, with higher lows. Then a $12 one-minute candle on the heaviest volume of the session.
That isn’t retail.
That’s shorts getting carried out.
All that’s left is the $4,138 ceiling. It’s been tagged three times today. Close above it and $4,200 is a formality.
Friday’s NFP decides how fast. Not which direction.
The juniors haven’t noticed yet. They will.
I sent the email this morning, but if you missed it.
It's too cheap to ignore 👇🏻
smallcapinvestor.ca/cheap-oi…
Rick Rule on BNN this morning, asked about gold slipping under $4,000: he called it very attractive.
Iran offers to reopen Hormuz, oil drops 6%, gold rips $55 in twenty minutes. Even a hot ISM print couldn’t hold it down.
Gold's just punched you in the face, buckle up.
Intel $INTC has gone from a $500B valuation to roughly $350B in a single session.
$150 BILLION wiped out.
When valuations are driven more by expectations than fundamentals, sentiment can reverse violently.
Healthy correction or the beginning of a broader AI bubble unwind?
AI is real. But that doesn’t mean every AI stock is a good investment. Many are already down 50%+ from their highs.
Bubble or reset?
I look at the railroads, dot-com and market psychology:
smallcapinvestor.ca/is-the-a…
