Tom welcomes back Gary Savage, founder of Smart Money Tracker Premium, to discuss the current state and future outlook of gold and silver markets. Savage shares his insights on market cycles, volatility, and how investors can navigate this evolving landscape.
Savage begins by highlighting the significance of an eight-year cycle in precious metals, which he believes is nearing its peak. The cycle, which started in October 2022, is expected to reach a parabolic top within two to four years, potentially pushing gold prices as high as $7,000 or even $10,000. While this phase will be volatile, Savage emphasizes that it’s crucial for investors to stay focused on the long-term trend rather than getting distracted by short-term corrections.
Silver, according to Savage, is currently suppressed around $33 per ounce due to heavy shorting and manipulation by bullion banks. However, he predicts that once silver breaks through this resistance level, a strong short squeeze could push prices significantly higher, possibly reaching $40 or beyond. Savage urges investors to position themselves before this breakout occurs, as chasing gains after the fact could be costly.
Savage also discusses intermediate cycle timing, suggesting that the current rally in gold and silver may top out between late March and mid-April. While corrections are inevitable, he stresses that bull markets are defined by higher highs, so missing a few weeks of gains won’t derail long-term success. He advises investors to avoid panic during downturns and instead use these moments as opportunities to accumulate more assets.
Throughout the interview, Savage emphasizes the importance of managing recency bias and staying disciplined in the face of market volatility. He reminds listeners that while the ride may be bumpy, the rewards for those who stay invested are substantial. As the bull market progresses, Savage believes silver will outperform gold and mining stocks, making it a strategic choice for investors seeking outsized gains.
Time Stamp References:
0:00 – Introduction
0:40 – The Bigger Picture
3:00 – Eight Year Cycle
6:00 – Gold & Market Volatility
9:20 – Momentum & Gold Outlook
13:00 – Silver Possibilities
15:30 – Timing Assessment
19:00 – Gold/Silver Ratio Uses
23:40 – Monitoring the Miners
26:40 – Human Nature & BIAS
30:00 – Fundamentals & Sentiment
34:45 – Tops, Debt, & Fed Policy
39:30 – Silver Opportunity
43:00 – Wrap Up
Talking Points From This Episode
- Gary explains how an eight-year cycle, starting in October 2022, is driving this gold bull market.
- With silver currently suppressed at $33, Savage predicts a massive breakout that could push prices up to $40 or beyond.
- Corrections are part of bull markets. Savage advises staying disciplined and avoid panic during downturns.
Guest Links
Twitter: https://x.com/garysavage1
Blog: https://blog.smartmoneytrackerpremium.com/
YouTube: https://www.youtube.com/channel/UCgiNs7gCxEvgBE1HHvoOKTQ/videos
Website: https://smartmoneytrackerpremium.com/login/
Gary Savage is a retired entrepreneur living in Las Vegas. He has been investing in stocks and commodities for 15+ years. Gary is a self-made multi-millionaire and attributes his financial success to savvy investments made in owning/selling several businesses, real estate, and, more recently, the stock market. He is also a national Judo, powerlifting, and Olympic weightlifting champion and world record holder. Gary holds national titles in 3 different sports and continues to challenge himself as an avid rock climber, and recently his newest endeavor bowling (two perfect 300 games so far).
Gary’s renown as a recognized trading/investment expert in the areas of precious metals, stock market, oil, and currency markets is demonstrated by his numerous internationally published articles in these market areas: Kitco, 24hGold, Gold-Eagle, Investing, 321Gold, Keyport, SilverSeek, TFMetalsReport, FuturesMag, ResourceInvestor, Silver-Phoenix, BayStreetBlog, BeforeItsNews, ETFDailyNews, TalkMarkets, JuniorMiningAnalyst, MarketOracle.UK, SafeHaven, GoldSeek, Mining, CommodityOnline, SilverMarketNewsOnline, StreetWiseReports, and InvestingNews.
Gary publishes the Smart Money Tracker, a daily and weekend market newsletter available online by subscription only, at a very modest price. This subscription-only site provides Gary’s in-depth daily commentary and chart analysis of numerous markets, including the stock, precious metals, oil, and currency markets.
