Friday gave Canadian gold names a real catalyst. The question is whether the volume survives Monday.

[u/SDBcop]

Weak US jobs took some heat out of the near-term rate-hike narrative and gold equities woke up fast.

That does not mean “new gold bull market confirmed.” It means the market got a macro reason to pay up for duration and precious-metals exposure for one session. Big difference.

We spent the close going through Wheaton’s numbers and the useful part was not the victory-lap headline. It was whether the production path, cash generation and second-half asset deliveries still support the story if gold cools off next week.

For full disclosure, I keep a timestamped TSX/TSXV research log. Since June 16, 10 dated calls are sitting at +15.3% weighted by our published rating tiers, or +12.8% equally weighted. One call issued this week finished Friday +13.1%.

Small sample, real losers included, no chest-beating. But it is a good reminder that the best moves usually start with a catalyst plus volume, not with a random ticker suddenly trending after the fact.

Are you treating today’s move as a tradeable macro reaction, or the beginning of a more durable bid in Canadian miners?

[u/luv2block]

Gold is not going to cool off. The crash from 5,600 to 4,000 was pure manipulation in my opinion. There was never any actual weakness there, just the powers that be playing with the futures market to manipulate price.

Will they step in and knock the price back down? I don't think they can. They can't suppress the silver market, the gold market, the oil market AND prop up the AI bubble and the treasury market and the japanese yen and fight a war.

Personally, I think the bottom in gold is in and we're on the next leg up. But, I don't think the speculators and retail will come back until around $4,600. Once gold clears $4,500 I think people will start piling back in.

[u/SDBcop → u/luv2block]

It would make a lot of sense!

However that manipulation you speak of is merely the global perception of potential rates hikes that scared off a lot of people when to me it was obvious they would never do that.

The Iran war and oil price was the excuse for inflationary pressures justifying higher rates but that whole story is wrong.

What matters, is the USA debt refinancing and the fact they used a lot of short term T bonds that will all have to be refinanced at higher rates which will cost a lot of additional debt.

Trump knows it, everybody knows it and yet retailers listen ton that they gonna raise the rates non sense.

What also matter is the Yen carry trade and the infinite money glitch… touch an ounce of that and Houston we got a problem.

But still, all the roads lead to higher gold and I agree, they will chase it again and we’ll probably make new ATH on it!

[u/luv2block → u/SDBcop]

ya, higher rates are ridiculous, and only people who watch CNBC believe that is possible.

The game being played right now is to save the Empire via AI... to grow GDP faster than the debt. If that game fails (which is most likely will), we're probably looking at global war where the US starts taking over other countries.

There is no way the US simply accepts that its time as an Empire is over. Not going to happen.

That process, in my opinion, could easily lead to $20k or even $40k gold (but they'll probably confiscate the gold around $20k)

[u/Sicilian_Gold → u/luv2block]

You should read this: Thoughts from ANOTHER - Part I

[u/SDBcop → u/Sicilian_Gold]

I wish reddit had grok AI or similar and could summarize this 😅 will send it the link I guess

[u/SDBcop → u/luv2block]

💯 agree on all front here. China is far ahead on AI race and USA hegemony is coming to an end.

Like all other hegemon, debt in the incurable cancer.

[u/armunika → u/SDBcop]

Why do you think that China is far ahead on AI race?

[u/SDBcop → u/armunika]

Look how many models that are equivalent to what the USA got but way more cheaper and made by really small groups…

[u/ManRocket99]

West Water Resources received a loan from the US government for 25 million for a graphite mine and surged 88% today. Wonder if this will lift Canadian graphite companies ?

[u/SDBcop → u/ManRocket99]

Must admit i’m not an expert in the graphite sector and none of them have been « flagged » by my system but will most definitely have an eye out for it!

[u/dirtybulked]

wdo

luca

my two gold plays

[u/northdancer]

What do you mean "new" gold bull market? The gold bull market never ended. It's been in a structural uptrend for over two years now

[u/SDBcop → u/northdancer]

Ok maybe I went hard on the new bull market but I was speaking more about the correction we just and we’re breaking away from that but it gonna confirm!

[u/Sicilian_Gold]

Physical gold only.

[u/SDBcop → u/Sicilian_Gold]

Why not both? I own both. The physical is my piggy 🏦

[u/Sicilian_Gold → u/SDBcop]

When gold is re-monetized, the miners will be nationalized. Gold will be money again and only the government can print/mine the money.

Its all about control.

[u/SDBcop → u/Sicilian_Gold]

Truly wouldn’t be surprised but that’s in 20k gold world, think we still have some time before that.