GLD's Quarterly MPO Projection
January 2023
For Benchmark members, we have GLD's Quarterly Chart which provides:
- GLD's MPO (minimum price objective)
- A date range for this to occur
- A gold equivalent price
This is primarily beneficial to those who want to focus on a larger "paycheck" and have a longer term investment horizon.
For those below, there has been an 86.9% success rate so far. I expect 95% in time.
Historical Quarterly Results
Some Still in Progress
"It's certainly nice to have a portfolio that is doing well. It's quite another to know the minimum price projection for each stock." -TG
Introduction
After a long downward monthly trend, the
Benchmark PTD formula, in conjunction with a new positive monthly trend change, is a very reliable method
for making price predictions for any stock or index. This formula results in a defined MPO (minimum price objective) and an estimated time (1 - 4 years) to get there.
Monthly MPO's and their results were also discussed in Part 3 of the Independence Gold Mine series.
This is primarily beneficial to those who want a larger "paycheck" and have a longer term horizon and focus.
In this context, all new daily trends are bought provided there are continuing positive weekly and monthly trends present.
The monthly context is great. What about quarterly trends?
Monthly MPO's and their results were also discussed in Part 3 of the Independence Gold Mine series.
This is primarily beneficial to those who want a larger "paycheck" and have a longer term horizon and focus.
In this context, all new daily trends are bought provided there are continuing positive weekly and monthly trends present.
The monthly context is great. What about quarterly trends?
Triangular Treasure Maps - Quarterly
No one bothers much with monthly trends which provides the
context for longer and more reliable projections. There is even less interest
in the quarterly. However, quarterly trends are 3x stronger than the monthly.
An MPO at the quarterly level is calculated by doubling the size of the
difference between original monthly trend change and its monthly MPO, already
achieved. An additional predictive form of triangulation has
occurred.
Again, this is primarily beneficial for those who have a longer term outlook.
Again, this is primarily beneficial for those who have a longer term outlook.
Here is a historical example completed in 2016
Among many others in 2016, there were two other stocks with incomplete quarterly triangular projections.
SAND
NG
NG arrived at its $10.00+ quarterly projection in August 2020
Waiting in the wings are several others including:
- First Majestic (AG)
- Pretium Resources (PVG) (11/9/21 Newcrest takeover)
- Premiere Gold Mines (PG.TO) (4/7/21 Equinox Gold takeover)
- International Tower Hill (THM)
- Vista Gold (VGZ),
In Summary
This
is a time frame trend force to be reckoned with long term and is part of the Benchmark PTD, a longer term world class trading system found nowhere
else.
Results are not guaranteed since we are only dealing in probabilities. However, a worthwhile strategy is to
buy all new daily trends within the context of positive longer term time frame trends. Probabilities favor this approach.
Trader Garrett
8/8/20 (Takeover results updated Nov 2021)
Trader Garrett
8/8/20 (Takeover results updated Nov 2021)
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The Strength & Mystery of Triangles - Click here
Caveat
While past performance and probabilities are favorable, results are not guaranteed. Use these trade plans, stocks or comments at your own risk. All analytical content and commentary provided within or from this site is aimed purely to educate or inform readers on the potential technical and fundamental aspects and possible value of intelligent, mathematically based research tools and charts for due diligence purposes.
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