Palisades Gold Radio, Released on 8/26/21

0:00 – Introduction
0:40 – S&P Thoughts
5:38 – Fed & Jackson Hole
8:47 – Market Predictions
11:28 – Deleveraging & Margin Risk
14:44 – China Equities
16:58 – Viacom Chart
18:37 – Gold Support Levels
21:13 – Companies Buying
22:48 – Silver Predictions
24:25 – Bitcoin Trends?
27:17 – Combating Inflation
28:49 – Staying Objective
30:40 – Wrap Up

Tom welcomes back Gareth Soloway, President, CEO & Chief Market Strategist for InTheMoneyStocks.

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Gareth discusses the new all-time high of the S&P and the recent breakdown in the long-term wedge pattern. We need to see a break above this pattern and he would be concerned if we took out a previous low. Institutions are waiting to hear what is decided at Jackson Hole.

The Fed appears to be getting boxed into a corner since inflation isn’t all that transitory. Thus, the Fed will be pressured to act.

Inevitably we are going to see a significant deleveraging period. People are taking advantage of low-interest rates and the potential for profits. A small change by the Fed could create an avalanche of deleveraging.

Gareth discusses the state of equities in China. There may be some great opportunities if you are willing to take on some risk.

Investors should look carefully for value and avoid expensive stocks.

Gareth explains the thesis for long-term gold holding. Investors should consider drops as possible buying opportunities. Within days we recovered from the recent move to the downside.

He expresses some concerns about silver since it broke a recent trend. Long term he loves silver but there is still some potential downside.

Gareth believes the recovery in Bitcoin is unlikely to hold past 52000. 20000 remains likely as we often see large volatile corrections in crypto. If we were to take out the prior high then a bullish case could be made.

His focus is on the charts and trying to avoid emotion. Don’t fall in love with particular stocks or markets.

Gareth Soloway President is CEO & Chief Market Strategist for InTheMoneyStocks.

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