Benchmark has provided world class guidance on numerous occasions for visitors and former students.
This complete record over many years includes specific stock market and resource market selections.
Several stock selections plus some other outlooks are still in progress.
July 2024 Note: The Benchmark results program ends today. If readers don't know the record by now, adding one more will not provide conviction.
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Historical Summary
Benchmark has also clearly demonstrated its predictive skills, sometimes way in advance as demonstrated in these Benchmark presentations from 2017 - 2027.
- 2017's highly acclaimed Gold Rush!
- 2019 - 2023 Independence Gold Mine (Parts 1 - 12)
- 2021 - S&P500 predictions & chart signal displays
- July 2021 to 2022 Special Demonstration here
- 2021 to 2023 - Newmont Record here and below
- 2020 - 2024 Triangular Treasure Maps - Quarterly
- Benchmark's (member only site) extraordinarily accurate predictions & record - 2022 to 2027
Detailed Record
In Part 1 of Gold Rush!, published in June 2017, my assessment was a significant and major Gold Rush will begin to occur within the next 12 -18 months and gradually accelerate over time to 2020 and beyond.
Result: In fact it started in June 2019.
Result: Both initial/weekly milestones were achieved in June/July 2019. Gold began the journey at $1275 and went to a high of 2089 in August 2020, a 63% increase.
Result: All seven selections were profitable with an average gain of 70.2%. (11/9/21 Newcrest takeover of PVG at $14.45 represented an approximate 140% profit)
Result: 86.9% have reached their goal (or were taken over) so far, as discussed in Part 3 of the Independence Gold Mine series.
MPO for the XAU (at the April 2020 turn) in Benchmark was $144.51.
Result: Objective achieved on 7/21/20.
Result: 5 stocks have achieved their goals. Three other identified stocks have not yet reached their objectives.
Result: In July's Part 2 follow up, all ten were very profitable and seven had actually doubled in 3 months before closeouts. Charts are here.
Newmont (NEM) Record
9/11/21 When there was no hope back in September 2021 and using
NEM as an example, readers were told to "expect both a
positive daily and weekly trend to be in place by early 2022."
Result: As it turned out, NEM entered a new daily trend 12/21/21 and a new
weekly 1/28/22 resulting in a major 32%
gain.
3/6/22 "After a strong gain and being near the key
resistance area of 75, NEM is a very strong candidate for
profit protection procedures such as taking partial profits, close stop loss
procedures or other profit preservation maneuvers."
Result: NEM dropped 53% from April 2022 to October 2023 triggering stop
procedures and preserving significant profits.
Newmont - private member Benchmark site results
Here are the original NEM 2022 forecasts and results.
11/1/22 - Benchmark (Firepower) projects about $55-$60 share price IF both a positive daily and weekly is achieved. Clearly a leadership stock to keep an eye on.
11/12/22 - Even the NEM forecast appears to be on track to meet its daily and weekly requirements as well. In fact, the daily PP (Pivot Point) has turned up before a daily trend.
Jan 2023 Results
NEM reached its goal of $55 - $60 this very week along with a new weekly trend, as demonstrated below.
NEM Weekly (Range = $51.12 - $55.41)
9/11/21 When there was no hope back in September 2021 and using
NEM as an example, readers were told to "expect both a
positive daily and weekly trend to be in place by early 2022."
Result: As it turned out, NEM entered a new daily trend 12/21/21 and a new
weekly 1/28/22 resulting in a major 32%
gain.
3/6/22 "After a strong gain and being near the key resistance area of 75, NEM is a very strong candidate for profit protection procedures such as taking partial profits, close stop loss procedures or other profit preservation maneuvers."
Result: NEM dropped 53% from April 2022 to October 2023 triggering stop
procedures and preserving significant profits.
Newmont - private member Benchmark site results
Here are the original NEM 2022 forecasts and results.
11/1/22 - Benchmark (Firepower) projects about $55-$60 share price IF both a positive daily and weekly is achieved. Clearly a leadership stock to keep an eye on.
11/12/22 - Even the NEM forecast appears to be on track to meet its daily and weekly requirements as well. In fact, the daily PP (Pivot Point) has turned up before a daily trend.
Jan 2023 Results
NEM reached its goal of $55 - $60 this very week along with a new weekly trend, as demonstrated below.
NEM Weekly (Range = $51.12 - $55.41)
Independence Gold Mine Series
In July 2022's Independence Gold
Mine (Part 5),
the Old Prospector called for "a major bottom in gold this
year".In October 2022's Gold Rush! (for Benchmark Members) "a major
bottom in Gold (prior to Thanksgiving) is strongly suggested."
Result: This was successfully achieved 11/3/22.
Back in October 2023, the Old Prospector in Part 7 of the Independence Gold Mine
forecasted both a positive daily/weekly Gold trend by
Christmas.
Result: Both occurred by 12/1/23.
Feb 2024 - Benchmark + ACE-9
In October 2022's Gold Rush! (for Benchmark Members) "a major
bottom in Gold (prior to Thanksgiving) is strongly suggested."
Result: This was successfully achieved 11/3/22.
Click to enlarge
2/27/24
Summary
This is the complete published record. No "cherry picking" here. The Benchmark site (for members) has additional documented records plus predictions to 2027.
Market Pendulum and Benchmark have extraordinary records of achievement and predictive results. Some are still in progress.
Regrettably, many have overlooked these highly accurate recommendations and results.
Seen by many, recognized by few.
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This section is no longer updated after our former students graduated in 2019. Substantial profits were realized by all.
77 stocks achieved core status in this area. Last one was Group Ten Metals (CA:PGE).
Core Status Definition: To be elevated to a core position, a stock must have achieved at least a 100% net gain in the portfolio. At that point, 50% is sold for a complete return of initial risk capital and the rest rides for free. Alternatively, a few were sold with less then a 100% gain by calculating the number of shares needed to return the initial risk capital. Typically, no core position is sold unless a substantial and material adverse change occurs or the company is bought out. The historical portfolio results above represents completed core positions.
Takeovers:
Northgate Minerals
Tradewinds Ventures
Prodigy Gold
Queenston Mining
Brigus Gold
Carlisle Goldfields
St. Andrew Goldfields
Claude Resources
Lake Shore Gold
Kaminak Gold
Integra Gold
Richmont Mines
Klondex Mines
Goldcorp
Americam Pacific Mining
Please Note: Market Pendulum follows the 10 general considerations noted below on gold/silver stock selections. We do not handle investor's money, tell investors what do or advise them on their investment options. We only show what we do and why. This is not to be construed as investment advice or an invitation to duplicate our results. Please conduct your own due diligence.
Our 10 General Considerations - Gold/Silver stock purchases:
Management, their vision, experience and partners
Location of property
Infrastructure
Number of holes drilled and/or ounces produced per year
Number of potentially mineable ounces (measured, indicated and inferred)
Open pit vs. underground
Metallurgy issues
Political considerations
Finances, net present value & potential share dilution
Feasibility study planned, in progress or completed
A Detailed Stock Selection Method - Click here
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