The Old Prospector's Guidance System


Benchmark BOT


Back in September, the Old Prospector from the Independence Gold Mine series Part 10 shared a remarkable weekly guidance system like no other.

The Benchmark BOT's primary focus is locating the bottom of weekly trends and above along with the subsequent liftoff.

So I asked him...."What about the daily trend?"

His comment was, “Would you prefer a traditional daily SAR guidance like this...

Click to enlarge

or this...without annoying interruptions?"

XAU Weekly


Truly outstanding. Exactly where do I sign up?


Related: The Independence Gold Mine - Part 10

Benchmark Firepower Results

Gold Rush! - The Map to the Mother Lode

On Dec 31st 2022 with Gold at $1826, Gold Rush! - The Map to the Mother Lode was published on the Benchmark member site with a prediction of $2700 - $3000 Gold by October 2026.

At the time, TG questioned it as “Unbelievable? Some sort of quackery? Too good to be true?” Answer was, “Its not a joke. It's not a drill. It's the main event”.

On 9/26/24 Gold futures arrived at the $2708 level, 2 years in advance!

In Benchmark's July 2024 Gold Rush update, it was noted that "If we arrive at the original goal of $2700-$3000 at least 1 year prior to 2026, the new goal is $xxxx to $xxxx (reserved for Benchmark members) by October 2027."


GLD Results


Meanwhile, GLD’s 2022 price prediction was $264. Due to a typo error, the last two numbers were reversed and should have been $246 based on the .093 Gold/GLD ratio at the time. Currently the ratio is .091. 

The GLD exceeded its goal with a high of $247.70 on 9/26/24.

Quarterly Future Outlook

Since the Gold has reached another round number and the GLD is at the exact red center line on the quarterly chart, a retracement of sorts is expected in the 4th quarter. 

In any case, I buy all $100-$200 gold declines at support levels from the last cycle high and all new daily trends.

In Summary

These are all major achievements and am truly thankful for all the results.

By way of the contact page you can request: 

  • The updated GLD quarterly chart display
  • A link to how this was done including historical chart results and three stocks which are still low priced but in progress to goals


Just ask...

Trader Garrett

10/4/24

9/27/24 - Sector Analysis - How it Works & Results

 

Market Pendulum is pleased to announce that Sven Tövik from Sweden, is doing Sector analysis on all 11 major market sectors on a regular basis for Market Pendulum.

Today's presentation is here along with his background, credentials and a proven 1-2-3 trading plan.

His site "The Sven Connection" is all about trading primary market sectors and sub-sectors with Simple Sector Selection techniques.

Sven is a welcome addition to an area not adequately covered by others and a unique and valuable resource.

9/27/24

Amazing But True

In ancient times, they took a cup of water from the river, put a pure gold nugget in the water to kill the bacteria and drank the water.

"Cleopatra famously used pure gold as a face mask to keep her skin youthful. During the Roman era, gold was made into a salve and used to treat various skin diseases and infections." 

Silver does the about the same thing. On the Oregon Trail and others, pioneers always had silver coins in their water buckets.

Wearing 24 carat gold is actually very healthy thing for your body as well. It relieves arthritic symptoms, reduces soreness or infections, regulates body temperature which improves the immune system, helps skin care and improves mood.

Currently, "Gold Nanoparticles (AuNPs) are a powerful addition to the range of techniques available for virus testing and control" as explained here. Silver nanoparticles have potential "use as antiviral therapeutics against pathogenic viruses" as demonstrated here.

Amazing but true.

Trader Garrett's Library & Resource Guide

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Library and Resource Guide includes:

Instructional Articles 
Advanced Metrics 
Predictive Perspectives
Inspirational Presentations
Humor, Satires & Parodies