Can You Identify Asset Price Predictions Provided in Good Faith v. Those Designed to Get Clicks and Views?

We'll use gold/silver/and cryptocurrency price predictions to illustrate this point


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Today, I’m presenting a short 7-minute video on how to identify asset price predictions that you should immediately dismiss after listening to them, including factors (timelines) that automatically disqualify such predictions as realistic and likely having little to no chance of ever coming true.

To illustrate the other end of the spectrum of reality, I’m going to use a gold/silver price prediction of mine that was wrong, and is still wrong, as gold is trading at $1,845 and silver at $21.58 right now (my silver prediction was for silver after its post-Fed price spike would crash back down to the $21 price level, which can be confirmed by any of my Patreons in the comment section that read this substack post), because even though it was wrong (though now it has until the end of this week to come true), it aptly illustrates the massive difference between a prediction made in good faith and predictions solely made to “sell one’s book” and to accumulate more followers, likes and subscribers (again all missions not meant to benefit the receiver of the prediction, but designed for the sole benefit of the deliverer of the prediction).

Furthermore, I’m never embarrassed to publicize a wrong prediction of mine to illustrate a point as it is impossible to get every prediction right, and it is the overall track record of predictions issued by an analyst that determines whether an analyst should be dismissed or followed.

PS. the skwealthacademy Patreon videos inserted into the above videos are only a segment of the daily videos I deliver to my Patrons five times a week, as they normally last 3-6 minutes a piece. Furthermore, the videos were captured using a screen capture app and are second generation, consequently explaining the video and audio degradation in comparison to the rest of the above video podcast.

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Disclaimer: No information distributed here should be considered investment advice and is solely the opinion of the publisher, J. Kim. Full disclaimer available on our “About” page.

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