A Quick Review of the Investment Guidance Provided on the skwealthacademy Platform Within the Past Few Weeks
As my skwealthacademy substack newsletter is brand new, let’s perform a quick review of the calls I’ve made on my brand new substack platform just within the past few weeks.
In this 9 November article here, when AMC shares were trading at just a tad under $40 a share, I wrote “Unfortunately, as it stands right now, the run of the #AMCApes appears that it may be closer to the end than to another massive short squeeze higher at this current time on 9 November 2021. And if a break to the downside happens, which appears more likely than not, unless the #AMCApes really show very strong resolve in the first instance in which their resolve will face a real test, a decline to the 200dma would be within the realm of the IMMEDIATE decline.”
The Result: AMC shares declined a tremendous 32.77% lower in the next three weeks to a low of $26.85 a share and slightly below the 200dma just as I predicted.
Although I provided BTC selling guidance to my skwealthacademy patrons for BTC weeks earlier than here, once it topped $66,000 in early November, I published this article on substack on 16 November titled “HODLing and Diamond Hands is For the Benefit of the Uber Rich and Not You!” In this article, I discussed the very simple trading strategy I provided to my patrons over the past 12-months, one that “produced 6Xs to 7Xs profit whereas a HODLing strategy…only produced a 3Xs profit [during the exact time period]”. Thus, though only my patrons received the most valuable guidance, I still provided substack subscribers all the proof they needed to trade out of BTC near its recent highs, though not quite as high as $66,000.
Result: Conclusively correct guidance to sell at $66,000 or higher. For Substack subscribers that only had the opportunity to sell closer to $60k based upon my article, inconclusive in the immediate term.
Finally, in this article published a couple of weeks ago, I discussed how bankers often “paint the charts” with gold and silver assets and how this practice often creates “false breakouts” that cause millions to make wrong decisions immediately before they smash gold and silver prices. In this instance, I again informed my skwealthacademy patrons to buy GLD an d SLV call options in early November on the initial surge higher, but then suggested they sell and take quick, very significant profits about a week later in mid-November as I forecasted gold futures falling back below $1800 and silver falling alongside gold as well.
As you can see in the below charts, and as you can confirm simply by conducting searches online and on YouTube for “best time to buy gold and silver miners” in November 2021, dozens of PM analysts discussed multiple “near perfect entry points” to buy gold and silver miners last month at one of the three entry points I’ve circled in the two charts below (for both the Global X Silver Miners ETF SIL and the Van Eck Gold Miners ETF GDX). As you can see, the first two points discussed by many technical analysts, as near perfect entry points to buy gold and silver miners, occurred when the stocks first broke above the 50-day MA and then re-tested this level and bounced higher. A third entry point identified by many analysts as the time to “go all in” in buying gold and silver miners occured when the indexes broke above their respective 200-day MA, especially in the case of the GDX, in which a clear break above the 200-day MA occurred.
However, during this same time, I warned my skwealthacademy patrons that much lower gold and silver prices were coming in the weeks ahead and informed them to sell all bullish SLV and GLD call options that we had opened just a week earlier. At a time when many analysts urged their readers to “go all in” on PM mining stocks because their technical analysis forecasted continuing higher prices, I was forecasting the exact opposite. Clearly, as we can see that gold and silver miners have now made much lower lows from all three entry points, none of these entry points were “perfect entry points” to buy gold and silver miners.
Though often times my analysis is first released to my paying skwealthacademy patrons, at times I release highly valuable predictive information exclusively here that is not even provided on my patreon platform, as was the case with my prediction of AMC stock share price. In the future, I will continue to release information exclusive to my substack platform, similar to my AMC article, so please ensure that you read my articles when first published if you want to access this information while still relevant regarding fast-moving, time-sensitive information.