Three MAJOR New Recommendations!

Let me be perfectly clear: Although I do not yet have confirmed buy signals, in this issue I am going to recommend that you now go long gold, silver and that you get back into oil.

The reasons are crystal clear to me: My neural net timing models show powerful rallies dead ahead in gold, silver and oil.

Here’s the gold model. You can clearly see that it calls for a powerful rally into March 18. First a thrust into the end of this month then a pull back, and then yet another surge into March.

How high could gold go? Right now, it’s anyone’s guess. But I suspect that if gold follows the destiny laid out in the neural net model, we could see gold reach as high as $1,187 weekly resistance, and quite possibly much higher, to $1,368 monthly resistance.

We will therefore exit DZZ (with a modest gain) and then go long. Details in a few minutes.

Here’s the silver model. Clearly the same overall pattern. Higher into the end of the month, a pullback, then another big surge into mid-March.

Silver could reach $15.46 weekly resistance, or even higher, to $16.30 monthly resistance. Do note that silver will probably be much more volatile than gold.

Here’s the oil model. The model has all the earmarks of a very strong rally heading all the way into mid-May.

If you own the previously recommended April $12 call options on UCO, hold.

Today, we will reenter the long side of UWTI. Details in a minute.

Now, let’s discuss some thoughts I have about these trades and how I want you to view them.

First, these are what I call “anticipatory” trades. That means I am establishing long positions even though no buy signals have yet been hit.

That means that they are a tad riskier to take on than if we had confirmed buy signals. The flip side is that if the moves pan out as the cycles forecast, you will be in these markets earlier, giving you more profit potential.

Second, do not be surprised if the positions initially go against you. You are buying when almost everyone else is bearish. The trades are contrarian in nature.

Therefore, it is absolutely imperative that you keep your emotions under control, and that you ignore all the bearish news out there in gold, silver, and oil.

Third, plan to hold these positions into the targeted timing windows, mid-March for gold and silver, mid-to-late May for oil. If all goes according to plan, I will add to the positions on pullbacks and may even add options.

Now, you’re probably wondering what fundamental forces may come to pass to drive gold, silver and oil substantially higher.

There could be any number of forces or events that trigger the kinds of rallies my cycle charts are projecting. Trying to figure out what they may be is merely a game of mental gymnastics. We will know what the forces or events are, after the fact.

Before I move on to the details for today’s trades, let’s talk about the stock market, the euro, and mining shares.

Stock market: Likely to pause for up to two more trading days and bounce a tad, but then head lower yet again. The market is now under severe pressure and I expect much lower lows ahead. Hold UVXY with your stop in place.

If you do not yet own UVXY, wait for my next signal for the equity markets.

Euro: Taking its time declining, but still in bear mode. Hold all bearish euro related positions.

Mining: Hold GDX. If gold and silver stage the rallies I expect, we should see miners liftoff as well. I am monitoring a stop for this position and will let you know when to enter it in the market.

Go ahead and get those orders in and stay tuned!

Best wishes, as always …

Larry