Wednesday , December 18 2024
Home / Video / Gold’s new highs were forecast in last week’s MMT Trader report.

Gold’s new highs were forecast in last week’s MMT Trader report.

Summary:
Get the report and check out this week’s outlook including oil.

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Get the report and check out this week’s outlook including oil.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

35 comments

  1. You reported a couple weeks ago to be short gold? Talked about commodities and producers being the ones to follow…did that change? Thanks

  2. Seasonalities: Historically September is the best month for gold

  3. New subscriber here. Thank you for your time and efforts in bringing us these commentaries. Always learning from you, Brother!

  4. @mohamedmussa7627

    Mike- I hope you cancelled my subscription since you’re ignoring my emails.

    You don’t need my measly $100 as a market timing maestro.

  5. Good thing no one shorted gold on mikes “I’m the only one telling you this…don’t fade the producers in commodities”, ohhh boy

    • @cedricschwartzler3284

      Quite a disappointment.

    • @joshuaburns3167

      I hear him say we'll revisit this in 6 months or a year all the time.. He's not giving you exact timing

    • @@joshuaburns3167 lol have you actually listened to all his videos? He allegedly is giving specifics and for gold as well as the recent correction – go back and watch. So much bravado and ego “no one else is saying this” maybe bc it’s wrong?

    • @joshuaburns3167

      @@reneeh8578 Did you hear him say how well gold would do back when it was 1600? Was his bravado off then?

    • @@joshuaburns3167 throw a dart, in 6months 50/50 chance of being accurate

  6. Did the report predict a V shaped recovery in the S&P? I remember hearing specifically not to buy the dip because it would NOT be a v shaped recovery. Good thing I ignored that advice 🥲

  7. Love hearing your videos Mike

  8. Should just stay long the market and everything.

  9. Thanks for the updates, Mike. Congrats on your boxing. I hope I am as tough as you when I get to your age.

  10. Whenever Mike says sparring, I press LIKE.

  11. @eatlaughandstupid4430

    used to train in bjj and judo. purple in bjj…brown in judo…have not been on the mat since 2003…want to p;ick up thai kick boxing…just afraid of concussion… i am 54.

  12. @user-it1mc3nq7h

    ❤👁

  13. @cedricschwartzler3284

    Mike, I've been following you for 7-8 years but here you are not being honest. You were short on gold listening to these videos. And many people here witnessed it.

  14. You had advised not going against gold producers ..😢 crazy week new highs in gold

  15. Tech industry margins contracting rapidly. ever increasing scarcity of minerals and foodstuffs.

  16. @cyruschadrezzar9873

    US economy is so strong a 70's aged couple can get a job repairing a 90's couples home in 107F heat.

  17. Only insurer left in Florida is Chubb which will soon exit. State is only now starting to develop a fair plan.

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