Market Patterns and Economic Trends

Tom welcomes back Gary Savage from Smart Money Track to discuss current market dynamics. Gary suggests that the stock market is potentially forming a “megaphone topping pattern” and may be approaching a cyclical bear market, with potential geopolitical tensions in Ukraine serving as a potential catalyst for market corrections.

Regarding gold, Savage emphasizes a long-term bullish perspective, highlighting a 13-year cup and handle pattern that suggests significant upside potential. He believes gold could easily reach $10,000 and potentially even $15,000 during its final parabolic phase. The extended base formation supports his optimistic outlook. For silver, Savage sees similar potential, predicting prices could reach $100, $200, and potentially $250. He recommends selling in stages during the final bubble phase, with the gold-to-silver ratio (potentially reaching 20-30 to 1) serving as a key indicator for market tops.

The discussion also explores the dollar’s role, with Savage believing the currency is in a secular bear market and currently experiencing a countertrend rally. He expects the dollar will make a lower high and then decline, which could support precious metals’ performance. Savage warns that potential market movements could be significantly influenced by geopolitical events, particularly escalating tensions in Ukraine. He suggests the “war cycle” might last until 2027-2028 and could be a driving factor in gold’s bull market.

His investment strategy focuses on patience, avoiding over-trading, and strategically positioning for metals’ anticipated bull run. He recommends using vehicles like leveraged ETFs and long-dated call options when identifying potential intermediate cycle lows.

Timestamps:
00:00:00 – Introduction
00:00:50 – Fall Market Outlook
00:03:16 – Technical Structures & Charts
00:07:40 – Fed Effectiveness
00:09:57 – Geopolitical Risks & Ukraine
00:12:25 – Melt-Up Potential?
00:13:58 – Fed & Bond Markets
00:15:15 – Gold Outlook & Chart
00:19:42 – Parabolic Phase Coming?
00:22:40 – Taking Profits?
00:25:18 – Ratio Charts & GSR
00:26:22 – Silver Short Positions?
00:30:00 – Dollar Strength & Metals
00:33:52 – Gold Miners & Cycle
00:36:37 – Leverage & Metals
00:38:12 – Trade Frequency?
00:40:04 – Focus on the Metals
00:41:30 – Wrap Up

Guest Links:
X: 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.