W/C 27th Jan - Will there be a giant slam in the metals markets this week?

Chinese New Year could be the excuse the banking cartels need for a rug pull!

NB - This is being written on the morning of Sunday 26th January 2025. The first few weeks in Mexico have been a blast and we are now on our very belated honeymoon :-)

The major indices appeared to have bottomed a couple of weeks ago and we are likely to be heading to higher highs. This is good from a point of view of making currency (true money is gold and silver and so it is important to be able to make this distinction) as we can potentially seek to go long.

How much further there is to go is anyone’s guess yet predictions from other analysts suggest that S & P 500 to 7,000 by year end is not out of the question.

This would also likely mean that the Dow Jones and other major indices hit new highs as well. The DAX (Germany) continues to somehow make new highs despite the German economy being floored at the moment i.e. politics, bad energy policy etc

Please also note that DeepSeek (China’s answer/version of ChatGPT) might cause the markets some concern initially this week!

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The Contrarian in me has to note that it is the Chinese New Year Holiday. This means that the Chinese markets are closed between Tuesday 28th January and Tuesday 4th February 2025.

This could be a great time for a metals dump.

That then would only likely fuel another rally as it gives the Chinese Central Bank (and those in the East) a chance to buy the dip!

It is even possible that there is some collusion very close teamwork taking place between the banks and China.

David Brady of

The FIPEST Report

seems to think that this is a possibility. With a bit of luck David will be appearing on the podcast soon.

Let us now deep dive into the charts.