August 2024
Monthly Newsletter

This Newsletter was originally sent to subscribers on August 5th & 6th.

Blog Post made on August 12th

I hope you and your family are having a Great Summer.

I apologize to you for receiving two newsletters. I sent out one last night (8/5) titled "June 2024" when it was supposed to say "August 2024."  I also failed to change the Title for July's Newsletter, an honest but critical mistake I don't intend to repeat.

Thank you for subscribing to receive this newsletter from the
Free Bullion Investment Guide.

Updates to the Guide...

As stated in previous newsletters, I am overhauling the guide, focusing 
on preserving the good and re-editing or rewriting everything else.
Below is the latest group of updated pages.

Latest Updated pages:

Perth Mint and Australian Bullion

Russian Gold Saint George the Victorious Bullion Coin

Russian Silver Saint George the Victorious Bullion Coin

Gold to Silver Ratio - re-rewrote

Dow to Gold Ratio - re-rewrote

What is "re-rewrote?"  Last month I re-rewrote Gold to Silver and Dow to Gold ratio pages because I wasn't happy with the re-editing I did on them in February, so I rewrote them again, and now I'm happy with them.  

The updates are not done, I'm only about half done so there is much more to come.

My Take on the Markets

Fundamental Analysis

After Friday's job data (8/2), Friday's market sell-off and seeing this Zero Hedge story Warren Buffet called the Top (over the weekend - edit), I anticipated a sell-off in today's stock market, which is why I waited until tonight (Monday - 8/5) to write this part of the monthly newsletter. 

In today's sell-off of the stock markets, we saw precious metals sold off too.  This was expected and it is why I've been posting the cautious note (below) as the last thing stated under this section (My Take on the Markets) since December 2023. 
Note: "If there happens to be a Large Broad-Market Correction or Crash in the next four weeks, gold and silver have always, and likely will again, drastically fall in price as traders scramble for liquidity and will sell anything to find it"

I inserted this extra statement in April's newsletter (here) but have not used it since; yet, it couldn't be more true.  "Although the prices of silver and gold are usually the quickest to recover after such events."

As for the markets, "Expect the unexpected."  For gold and silver, as long as uncertainty remains high in the markets, it's good for them.

Technical Analysis

Gold

Yesterday, I put this chart together for gold and wondered if the sell-off in the stock market would effect it, surprisingly it didn't.

To add to what is written in the chart, I expect Gold to continue to trade inside the Andrew's Pitchfork.

(Click the chart to enlarge or click here)

Click Chart to Enlarge

Charts provided courtesy of TradingView.com

Silver

Silver's price fell a little more dramatically than gold after yesterday's sell-off, so unlike gold's chart, today's sell-off damaged the technical patterns that had formed in silver's price chart.

For the month, the best technical analysis that I can give you at this time is that I expect silver to continue to trade inside the Andrew's Pitchfork. 

(Click the chart to enlarge or click here)

Click Chart to Enlarge

Note: If there happens to be a Large Broad-Market Correction or Crash in the next four weeks, gold and silver have always, and likely will again, drastically fall in price as traders scramble for liquidity and will sell anything to find it. Although the prices of silver and gold are usually the quickest to recover after such events.

Note:  All the charts and commentary in this newsletter are in no way an incentive of how you should invest or divest.

All articles were originally posted on the Homepage of the Free-Bullion-Investment-Guide)

GOLD: Diversification and a Hedge - CampdenFB

Central Banks Purchase Gold To Offset Their Own Money Destruction - Zero Hedge

Asset Bubbles Beware - FX Explained

Report: Monthly Gold Compass : July 2024 - incrementum

Status of US Dollar as Global Reserve Currency: Central Banks Diversify from USD-Assets to Other Currencies and to Gold - Wolf Street

Bull and Bear Cases for Gold and Silver - Sprott Money

Argentina’s Recent Inflation Trends Are Proving Hazlitt Right - FEE (Foundation for Economic Education)

Bidenomics, Bidenflation - Bullion Vault

Ballots to Bullion: Examining the US Election's Effect on Gold - World Gold Council

Audio: Unearthed: Physical Gold Market Dynamics ft. Philip Newman, Metals Focus - World Gold Council

Copper Price Peak Signal Suggests Lower Interest Rates Ahead, Says Joe Friday - Kimble Charting Solutions

Gold "takes flight", Bridgewater's founder Dalio once again supports! - FutuBull

Palladium: Not Your Everyday Precious Metal - Numismatic News

A Collector’s Guide: 2006-W Burnished American Silver Eagle - CoinWeek

Gold Nanoparticle Cancer Research

Gold Nanoparticles Kill Cancer – But Not as Thought - EurekAlert

Three-dimensional Au-MnO2 nanostructure as an agent of synergistic cancer therapy - UNAIR

Bullion Dealers and other Affiliated Retailers

BGASC - Bullion Dealer

Bullion Vault - Vault Storage Broker

GoldBroker.com - Precious Metals Dealer/Vault Storage

Money Metals Exchange

OneGold - Vault Storage Broker

SD Bullion - Bullion Dealer

SilverGoldBull - Bullion Dealer

The Royal Mint  

The Royal Canadian Mint

Vaulted - Precious Metals Dealer/Vault Storage

Walmart - 2024 American Silver Eagles from Top Dealers

Tractor Supply Co. - Home Safes / Hardware

Express Gold Cash 

Home Depot - Home Safes / Hardware

KellyCo. Metal Detectors

Gunsafes.com - Large Assortment of Safes

Rexing - Dash Cams, Night-Vision / Binoculars, Monitoring Cameras 

RPNB safes

SANSI - LED Lights - Anniversary Sale up to 60% Off

TigerKing Safes

Fast Growing Trees

Survival Frog - Survival Equipment

The Home Security Superstore

Trading View - Interactive Investment Charts

One Last Thing...

Did you know that life can be eternal?

No matter what age you are, no matter where you are in life, the best thing you can do is get your heart and soul right with God ~ Jesus Christ, the son of God. 

- For God so Loved the World that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life.  John 3:16

Jesus shed his perfect blood as the perfect sacrifice for mankind's sin, so that you could be forgiven of sin. Submit to him, ask Jesus to forgive you of your sins, and you'll be free of the sins in your past.

You are not perfect after that; you are "born again" and try not to sin, and when you do, you ask Jesus to forgive you, and through his perfect blood sacrifice, he does.

Three days after Jesus died on the cross, he was resurrected to give everyone who believes in him eternal life; This is the blessing behind Easter.

Learn about Jesus Christ and how he died and defeated eternal death through his resurrection so that you to can have eternal life - here.  

Talk to Jesus, Pray to him like you would your best friend, and you'll see him move mountains in your life.  Remember to end your prayers with "in Jesus name, Amen" because there is power in his name.

Until next month, Thank you for your time and for your support.

Take Care & God Bless,
Steven Warrenfeltz
www.free-bullion-investment-guide.com

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For Bullion Market News...

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