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Manage episode 294063573 series 1401217
By Kerry Lutz. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Gold/Silver Eric’s last call was for a cycle high in late May and early June. There could be some additional upside the first 2 weeks of June. Primary price objective is 1920. It has traded in $80 ranges. Oil we’re coming into a cycle high in June. Look for a range of $56-$73. Interest Rates July 2020 was the peak for bonds and then sold off. Now Eric is looking for a lower peak in July 2021 and then rates will go higher for the next 12-18 months, perhaps on inflation fears. Dollar has been in a trading range for the past several years. It will bottom at around 88.50. Over the next several months. Same bottom as in 2/18. A flat correciton. Stock Market is peaking in June. Tech stocks have been leading the charge higher. Potentially multi-month or multi-quarter peak. They’ve been following a 16 month cycle. Then it’s down from there. Bitcoin Eric was calling for a $65k high and promptly retreated. It’s gone through 5 waves, textbook and could well retreat lower if it breaks $29k. Not a great deal of upside potential. $28 to $50k range. For the next 3-6 months for 6-12