 investors. The Tom O'Brien show is produced every business day. Tom takes your phone calls toll free at 1-877-927-6648. Internationally at 727-873-7618. Let's go to Alan Homeless Sassa. Hey Al, what's going on? Isn't it wonderful? This gentleman here with the gold report right before the market fell apart ended up with TAS. We have a 98% gain in the year and I mean you weren't 99% proof like I was with you, but we had a good game there. You always told us to do what we feel comfortable with and I thought we'd lose a little bit of money on the table. I will, but I know that I just pocketed eight or nine thousand dollars in two weeks. That's a beautiful thing man. Now Tom O'Brien. Welcome folks. This is Tom O'Brien of TFNN. We've got five days a week. We go seven hours a day. We go 24 hours a day in the internet at TFNN.com. Always remember folks, whatever you think about, you bring about whatever you focus on grows up. Everyone's having a great day, safe day, making a great night folks. Always do your best, but don't overdo. When you overdo, you deplete your body and you go against yourself and it'll take longer to accomplish your goals. Knock it wise. Let's take a look at it out here. We have the now industrials up 67, Nasdaq up one, S&P's up three and a half. Gold contract up $6.60 traded in 2066 an ounce. We have Silver up 16 cents, $25.47 an ounce. Life's recruit up about an half. $77.91 a barrel, notes and bonds. A ten year note, trading up 12 ticks at 109.29, the 30 up a full point at 117.12 and King dollar. King dollar up 49 ticks, trading 102.795, Euros at 109, Yens at 147, British pound is trading at 127 to 1 US dollar. Our phone number's 877-927-6648. Give us a call folks. I know it's going on in your world and the world of the S&Ps, let's take a look at them. What do you have? Well, bottom line, we still have that ABC structure that is in place with a 462 and we hit, out here today, let me get this baby, so you hit 458.32. Bottom line, my take is that we're still going to get it. Now let's go take a look at the futures because what we did, definitely had futures are up 30 points, gave it up in spades, come all the way back down. Let's go take a look at these volumes and see where we're sitting here. Okay, so I got the S&Ps up four bucks and what you're going to see, okay, so let's see. So we just came back down but you didn't get to the low. Yeah, this still, this, okay, so last 30 minutes ago, that was 34,000 contracts going into 38, going into, going into 54. Okay, we're going higher. So what you had here is this, let me open this up a little bit more. Right there, that was, yeah, 54,000 contracts on the S&P. Now this was right before 10 minutes, 20 minutes before the low. We came back down and tested that but you tested it with 34. So that's saying that now the top, not the very highs of today, but the last top of this range is gain, which is 45 or 45, 67, that'd be 45, 76. That's where that would be set up. NQs, let's do the same thing with the NQs because they both gave it up and I'll show you what, it was all about the move in the dollop. So we take a look at the NQs, do the same type of setup. Yeah, so the NQs, we had 70, no, 20, 27,000 versus 13,000. We just tested with 13,000 versus 27, that says that one's higher price also. We go into the note and bond market, we take a look at the note and bond market, we pull up the 10-year first. What you're going to see inside the 10-year, we're up another 12 ticks. Now we also, we're in the higher range now. Okay, we got in the higher range yesterday. You're at the 109, 29. So 114 is game. Now watch this. This is pretty cool here. I'm going to bring up the 10-year yield so that you can see the correlation. So this chart that you're looking at here, this is the exact, you can see at the high, this high was generated when the markets were actually closed, but the bond market was open, 5.01. We're at 4.27. Now the bottom of this range is 3.56. And where we are right now, this is what's so cool. So where we are right now, you can see right there, we're right into, you know, this, it'll take a little bit to get through here, you know, because you can see what has happened is that we traded here, let's see, 3, 6, 9, 12, we traded here about just less than a month, just less than a month. So we'll see how this gets into this area. But the way this is set up right now is that you get 3.7 on the agenda, 3.5 on the agenda actually, which is pretty, which is really amazing actually. That's basically over the top. Gold, gold contract. This contract wants $2,500, man. And it's going to be wild watching this whole thing shake out. So what we had here, I'm going to bring up the XAU and the HUI, because what we did yesterday is that you broke higher with conviction. I'm going to put the volumes up on it so you can see how this whole thing shook out. There we go. So what you can see is that you broke a consolidation that's going back four months and you broke it with volume. And that's how you want to break a consolidation. Wide price spread, accelerated volume, it has all the above, bottom line. You take a look at this. Let me put this actually on a weekly now. So look at this, man. Yeah, this is pretty cool. So on a weekly, what you can see here is that your next move in the XAU, we're at $123, you're talking about $141. We go to the Gold Bugs Index. We take a look at the Gold Bugs Index. It's going to be the same type of setup. We had the price and volume movement inside it. We get those volumes up for you and you're going to see it's the decisive break of the consolidation in spades too. Now the cool thing here is this. Look, watch this, folks. See the HUI? That HUI is stronger than the XAU. When the HUI is stronger than the XAU, what that is saying is that the actual Gold contract is going to keep accelerating. We take this back. We put it back three years, and what you're going to see, bottom line, we did the same break with conviction. And the HUI right now is a 241, and that's saying 294 is on the agenda. That's the next move up there. And then we get into the dollar. So if you get into the dollar and take a look at the dollar, what you're going to see here is that we started today, what was intriguing, we started the day with the dollar up. And even that being said, the futures still went up. Bottom line is that it gave it up a bit. As it gave it up, futures came back. Now the real question is, where are we going to go from this particular point? And this particular point, we'll see how this shakes up. We're right in the spot right now that we'll see whether they can make it. That's the bottom line. Meaning if the dollar will stay in the counter trend bounce, right now you're only up 52 ticks, which is nothing. Yeah. Stay right there, folks, who come right back. Our phone number is 877-927-6648. We have the dial. Industrial is up 66. NASDAQ's down 4. S&P's up 2. Stay right there. Come right back, folks. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, forex, stocks, and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the dollar index, the euro dollar, pound dollar, dollar Swiss, dollar yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence forex markets tremendously. When you sign up for the Tiger Forex report, you also gain instant access to Teddy's 60-minute webinar archive. He just hosted forex strategies and fundamentals. What is behind the Tiger Forex report? For all the details and to start your 30-day Tiger Forex report subscription today, visit the front page of TFNN.com. TFNN, educating investors. For his expertise in the financial markets has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox. Whether you're a seasoned trader or just starting out, Market Insights provides the edge you need to navigate the markets with confidence. Ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to supercharge your trading results. Market Insights comes with a 30-day money back guarantee for all new subscribers, so you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game. Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter, Market Insights firsthand. TFNN, educating investors. 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To sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. 727-6648, internationally at 727-873-7618. Welcome back folks to that. That industry is up 34, and Azix down 20, S&P's off 3, and the Fed-based book folks. That came out at 2 o'clock today, so let's just take a look at that. So US economic slowed in recent weeks as consumers pulled back on discretionary spending, the Federal Reserve said in the Bay's book survey of regional business context. Sales of discretionary items and durable goods like furniture and appliances declined on average as consumers showed more price sensitivity according to the report. Travel and tourism, however, is generally healthy. Let's see. Labor demand continued to ease with responders noting reductions in headcount through layoffs and nutrition, and most districts reported flat to modest increases in employment. Several districts, however, continued to describe labor markets as tight. The government's jobs numbers are going to be released late next week. The credit conditions. So credit conditions right now, you get where, of course, were highs on the interest rate market. No doubt about that. These are all quotes inside of folks. Consumer credit remained fairly healthy, but some banks noted a slight uptick in consumer delinquencies. While the economy expanded at the fastest pace in nearly two years, in the third quarter, the report points to broad-based cooling in recent weeks. Four districts reported modest growth, though the rest indicated stagnation or outright decline in activity. The economic outlook for the next six to 12 months also diminished. Inflation, meanwhile, largely moderated across the country according to the report. Pricing power varied with service providers finding it easier to pass through increases. Service providers find it easier to do a pass-through at prices versus manufacturing. Most districts expect moderate price increases to continue next year. So bottom line is that you have, basically, a slowing down. Now, the real question is, you have a slowing down, but guess what, folks? The GDP committed 5.2 percent today, so that if that's slow, that's pretty amazing, okay? That is one huge number. So we'll see how the rest of this is going to shake up, but that is one, I mean, that's 5.2 percent. Are you kidding me, man? I mean, that's just amazing. Let's get a coster in Boston. Coster, what's going on, brother? How are you doing, Tommy, this afternoon? I'm doing great, man, yourself? I'm doing fine by myself. Tommy, did you call it yesterday that gold is going for 2,500? Yes. Okay, that's the first question. Second question is, what effect will a cutting interest rate have on gold? Well, this is what's so wild. Now, this isn't a great question, folks, okay? So inside of the gold market, I mean, if you go back, I've been doing the gold report in our 22 years, and it's so wild because at the beginning of it, all they ever talked about is that with gold, you get no dividends, okay? So the interest rate structure is very important of how it goes, right? Then we'll fast forward 15, 20 years, and then, of course, we went to zero rate interest rate structure, right? And what's so cool there, coster, is this, it's hard to comprehend that gold actually got this high with a high interest rate structure. But guess what? That means there's more demand than supply, okay, just in general. So every time that we are going to see lower interest rates now, that brings the dollar down, that brings gold and commodities, all commodities up, because all commodities are priced in U.S. dollars. So, you know, my take is that because, number one, the contract itself didn't get destroyed when we were at, you know, a 5%-10 year, well, as we go down, that's why you're seeing basically gold get stronger and stronger. And that's how it looks that this thing is setting up. Okay, about Newmont Mining, where's this going to? So, Newmont, this is what happened with Newmont. Newmont mining folks, okay, bought Newcrest. Now, most times, you know, and Newcrest is, well, now Newcrest is Newmont, Newcrest is the largest gold miner in Australia. And Australia is a great district in order to be in the mining business number one, and there's a huge amount of gold there. That being said, the market looked at Newmont and says, hey, man, you paid way too much money for it. And that's why we saw Newmont basically get smoked. I mean, Newmont, you know, went down in a dramatic way. Now, that being said, when I say down in a dramatic way, you're talking about, you know, going from 74 to all those down to what, 34? 33. Now, my take is that we're off the lows. You know, I mean, Newmont finally got a sign of strength yesterday. And what happens here is this, this is what's so cool about the gold market, folks, okay, is that, you know, we got the sign of strength, and that's what Newmont needed. And one of the main, so that's technically, fundamentally what ends up happening is this, is that when the price of gold accelerates like we have, okay, that the amount of ounces that these large production companies do, it makes a huge difference to the bottom line. You know, like Newmont, bottom line this year is going to do $15.4 billion in business. You know, and that's, that's, that's saying that, you know, they also, that's what Newcrest numbers in Acosta, okay. So what ends up happening is that when you do have gold that is running like it is, well, all these equities are going to run. And in this particular case, in Newmont's case, I mean, they're going to take millions of ounces out of gold, gold out of the marketplace. So it's going to, it is the price of gold itself, the physical price of gold that basically saves all these companies, including Newmont. So now what you'll have happening is that all of a sudden the buyout of Newcrest is going to look really good because the price of gold is so high, you know. So I think, you know, if you're in Newmont, I think you're probably caught in the bottom. That's the real ball. That's, that's, that's how it seems. Yeah. I'm looking to buy it actually. Okay. So if you're looking to buy it, you could buy it here and you put a stop right under that. I wouldn't give this, you don't have to give this a lot. I would put, I'd put the stop under the lows of yesterday, you know, because if it breaks that then it's like, okay, man, you're going to get down. You don't have to go to the low, but put it, put the stop some way that you're comfortable that you can get some volatility inside of the costa. You know what I'm saying? Maybe that's, yeah. You know what? I'd put it right under the lows of yesterday. For right now I put under the lows of yesterday because see Newmont hasn't broken that consolidation yet, but it's coming up to us. And the gold stocks that we own, what I did out here the last couple of days, I put the stops underneath the consolidation. Because if you get back inside the consolidation and the consolidation in Newmont starts at the top of it is we're 40, 41, that's going to be 40, we're right at 41.39. You know what I mean? So for right now I just put it underneath there, then you break the consolidation, we break the consolidation. If you break the consolidation, you want to see it be broken with conviction, that's wide price spread, accelerated volume, then you can move your stop up and put it right there, man. Okay, sorry. Thank you. Okay, man. Have a great one. Have a safe one. Stay right there, folks who come right back. We have the Dow Industrial's up five, Nasdaq's down 28, S&P's up five and a half will come right back. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all. For daily market overviews that give you direction on the key indices, selective stocks and commodities, subscribe to the opening call newsletter at tfnn.com. 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Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be, TFNN Educating Investors. We have a question about, is this a failure on price and volume? So let's go through this for a second. You've heard me forever out here talking about the ABC structure up. Now, I go with ABC structures on the way up or the way down, but that's what you get to understand first, and in particular when you have more than one of them, okay? So what we had out here in the spy is this, okay? You took out the B point, you took it out with volume, then you got another acceleration with price and volume, and the A to B equals C to D is 462, and we hit the 458, okay? That's the first part. Now the second part gets intriguing because of a failure on price and volume. What was happening here out here today is that you just may take out this other swing point with volume and have another ABC structure up. And I know the market's down, but that's what's happening with price and volume right now. The spy is trying to take out this 459, that's where it's at. And it makes sense that it's going to mess around here. Why? Because that's when the bears, the bulls, of course, are going to get nervous because it's been such a run. The bears are going to get like, hey man, this is such a run, bottom line, we should get a pullback, okay? My take is that this is going to commit to fruition. And this, so that's the first part of the spy. Now let's go to the cues, because what has happened here, this market is in harmony for higher price. We go to the cues, we take a look at the cues. Well, the cues are in an ABC structure up to 40168, and thus far we've only hit 394. What the cues have done, the cues took out the B point, took it out with volume, took out the whole, the cues took out the whole consolidation, and it took it out with volume, okay? You can push right into it, you can see that. Now what's also happening is that the cues very well can have another ABC structure up. It's going to be close with the cues, not, not so much with the spy. The spy looks like it's going to do it. The cues, you know, so my take is that, yeah, 460, 40168 is game. Now we pull this back, let's pull this back, take a look at this. So when we take a look at that, what is that high out here? That high is 408, the all-time high is 408. Now what we're going to have, and this is where this is going to get really intriguing, maybe you already did this. This is going to be freaking great if we did. No, we didn't. Okay, three, no, three, yeah, we did. Okay, here, now check this out. Oh my God, wait till you hear this. Telling you, man, if you're shot, you're going to be careful here. Watch this. This is going to be another ABC up. On a weekly, you need 975 million, and we already have 911. This is unbelievable. Okay, check it out, man. Watch this. This is another much larger ABC up. And we already took the volume. We're going to take it out. I mean, today's only Wednesday. And we need 975 million, and we have 913 million right now. And you already took the price out. So this is a much larger ABC structure up inside the queues. Let me see if this is in the spy too. Because this is going to be crazy, man. Put this on a weekly for a second. Okay. No, the spy doesn't have it. The queues do, though. And the queues lead, man. Okay, so now we did this spy, we did the queues. Now, what are you going to do? Well, you have to go to the note and bond market. Because the note and bond market are running everything here. We take a look at the note and bond market. You know, you've heard me, yep, yep, yep. The bottom line is that you're up another 14 ticks, okay? You're in the higher range. We're at 109.31. Well, guess what? 114's game. And 114 is going to get you, yeah, 114 is going to get you a 3.57. Let me just do this again so you can see this. Because this is hard to comprehend. And we put this up. I'll do the reverse so you can see this. Come on. There it is. Okay. So at 4.269, and you're going to see right down there, that's where we're going, is 3.56. You go to 3.56, folks. This market is going to the moon as is gold. And then we go to the US dollar. So when you stop putting all this together, bottom line is telling me that the ABC structural finish off, you know, you get the dollar going sideways 110. That was, we said a little bit earlier, which would make sense because right in here, you don't have much. But you get, well, yeah, this, actually, I suspect this dollar will fall apart pretty soon because, again, because there's hardly any support at this level. You're talking about like five days, 10 days, you get five days going all the way back to June, and you get about five days in the middle of July and August. So the answer to your question, you know, my take is that we're going to finish off the ABC structure first and then we see where it goes. Now, the queues, this is a big deal, man. If those queues get that volume, well, we already know in the weekly, it's going to get the volume in the weekly, and you're coming into window dressing. So you start setting that up. That tells me, listen, higher prices are coming at us, and that is the most deviant thing you can do. And you know what's so intriguing, actually, that even when you look at all the polls and, you know, as the people think that, you know, things aren't that great, well, things aren't that great, and you get a 5.2 GDP, I'm not quite sure when folks think things will be great. So there's a disconnect in between the aspect of actually where the economy actually is fundamentally and what people think. But you know how that works, most times how that works, folks, is that I'm okay, but my, you know, all these other people aren't okay. Who knows, you know, but the bottom line is that we put this all together. That's telling me higher prices are coming at us in a monster way, because if you go to 3.5 and just say, wrap this around here, well, let's go look at a couple of houses, how home builders, because you go to 3.5, we're going to be at 5.5% mortgage again. And you can see Toll Brothers is hanging up there, 86 dollars, pull this up. Yeah, you're at highs. Yeah. The housing market's saying it right here. You know, once you get the wind behind your back, what's going to happen here, in fact, look at this, this is going to be another ABC up. Is that a week? Yeah. Oh, this is a monthly. No, it's not going to happen on a monthly. No, it's not going to happen. But bottom line here, that's Toll Brothers. We take a look at when you get your wind at the back, you know, inside housing to get it, because then there's so much same thing when I was at highs. There's so much that goes into it, meaning jobs, meaning the amount of stuff that's bought, meaning the high end appliance, well, not even high end appliances to all appliances in general, huge amount. And once the market understands that the winds at your back, see, the market is understanding now that the wind is at the back inside the note and bond market as housing, you know, the bottom line is when you do these numbers, man, you do those numbers, do it, you know, just do the math on a $500,000 mortgage. It's incredible, you know, what one point gets you over the course of 30 years. I mean, it's huge. That's absolutely huge. Now, Dow Industries right now, up four and S6 down 31, S&Ps up six and a half, stay right there, folks, we'll come right back. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them, using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30-day money-back guarantee so you have nothing to risk. 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This program is brought to you by Vistagold, traded on the NYSE American and TSX under the symbol VGZ. Welcome back folks. Let's take a look at this. If we go take a look at FNV folks, we were talking about this. This is Frank Donovada. Frank Donovada right now is down $4 in $0.68 trade in $1.1351. Now this is an all-time low for the year and what this is, this is all about a royalty that they get out of a Panama mine. Now this Panama mine is not just a regular mine. That's a major mine. It's a major copper mine. That's the real bottom line. What has happened is that the Panama Supreme Court said that the bottom line is that the contract is illegal. We'll see whether someone else is going to get the contract, how this is going to shake up. Let me show you something here. The news deal, the closing of a major mine in Panama is threatened to upend the global copper market by whipsawing the industry back into a period of tighter supply. Until recently, the broad consensus among forecasters with the copper would enjoy a comfortable surplus for the next few years. That being said, the bottom line is that they thought there's going to be a surplus of particularly 467,000 tons and now that is going to change that because that is one of the world's largest copper mines. Now let's go take a look at the copper contract because HG, when you're going to see copper, looks like it's going to break top side here because just as the bonds, when I was showing you the bonds a couple days ago, is that what you're going to see? Now copper is down 65 cents right now. We're trading free 83. We bring this back and you put this up. Look at this. You are pushing the swing and you're pushing that swing with monster volume folks. The way that sets up is that more than likely you're going to break top side man and you can see when the setup is there, you can see technically and fundamentally how this could happen. Now my take is that what you're also going to see is that you're going to see the aspect of that's not going to stay close forever because the bottom line is that the amount of money that it makes for paying tomorrow is actually huge. Let's go to Rich in Oregon. Hey Rich, what's going on? Everything's great. Couldn't be better Tom. Cool man. Nice to hear from you. So what are we going to look at today? Kinross Gold. I realized that in the past it was a dog and rightly so because they had mines and money tied up in Russia and I believe they've extricated themselves. That's a good one. You're taking a hard action now. No they have. It looks to me like you got, I just pulled this up so you get the, they take in four billion, 1.3 out of the United States, one billion's out of Brazil, another billion is out of Mediterranean somewhere and then Chile. Yeah, Russia's gone. Okay, so let's take a look at this baby. So the low for the year is $3.40. The high's $5.90. Oh yeah, this is fine. Do you own this right now? Yes. Nice. Okay, so does it look like it maybe has a chance to participate with some of the other gold miners? Oh yeah, no, this is trading five bucks and wants to go to ten bucks, man. Yeah, this is a good setup. Yeah, look at this. So the same type of setup folks, okay, that you're going to see when I'm talking about pushing with volume. So see last month, last month we pushed with volume into the swings, okay, with extraordinary volume. I mean, the bottom line is that you've done the $298 million and you were pushing into $269 million and then you broke. Yeah, I mean this, you know, just take your time with this but actually one second, oh, it's an ABC up too. Yeah, it's an ABC up. So you get $5.50, $3.75. So what, is it $3.70? Yeah, so $0.70 gets you $6 bucks. So you get an ABC, well, you almost hit it. You get an ABC up to $6 for first off, Rich. But you know, I think you get a game like the $10 and 30 cents here, man. You get action. You definitely get action. Okay, that's what I was thinking I was seeing. Nice. Nice. It's nice. It's nice when these things move, isn't it, Rich? Well, like I said, it came out of the dust. Yeah. You know, it was in the wrong place at the wrong time. No, there's no doubt about that. But guess what, things change, you know, so pretty cool. Okay, man. Well, listen, you have a great one, a safe one. All right. And what you're hearing, folks, okay, when, you know, and I just said, the Rich isn't nice, so when, us folks that have been, you know, buying and selling in the gold market for a long period of time, we know how this kind of goes. Meaning when they start going, they go like an extraordinary way. And you, this is when you don't want to sleep. Let's put it this way. I'm only facetious in that, but you don't want to sleep. But you do want to do the work because there's not a lot of gold equities number one. When they move, they move fast and furious. And then you got to basically start programming yourself not to get greedy. That's how this thing shakes out. Now my take is we're only at the beginning of this deal. And you're going to see a lot higher prices. That being said, what you absolutely want to be aware of is that like if, yeah, I'll show you, my take will go like this, that we get a lot of great equities inside the gold report right now. And I suspect what's going to happen is this. We're going to, we're going to reach much higher prices. And I suspect the dollar's going to get down to this, you know, 99, 570 level. That is going to be the sell. That gets down there. The 10-year gets down to 3.7. There'll be 8 million calls coming in here about gold and we'll sell. And then there'll be some kind of retracement. That's how it normally shakes out, folks. Now what the difference is in gold and the broad market is this. Now this is what's really cool. The number that I've given you of that 2550 is only a one-to-one ABC structure up. Most times gold always loves to do a one-to-one point 382 or a one-to-one point 50. That's how it goes on the way up and that's how it goes on the way down. When we hit the highs of 2011, that's why we scored beyond belief on that one, that was a one-to-one point 618 ABC structure on the way up. That's a total change in market trend and sure enough it only took two or three days and that's exactly what happens. You want to be aware of this when you're inside a cyclical market. Gold is not like buying Apple or buying Boeing or buying Microsoft. It's always going to go up and down. There's not going to be a one-way shot and gold just goes to the moon. That's not how commodities work, folks. Commodities are based on the aspect of supply and demand. So what ends up happening in the mining business is that, you know, when you're 2065, there's certain mines that, yeah, you're going to dig, dig, dig. At 2500, there's more mines. If it ever goes to 30,000, we'll all be digging in our back yard, okay? Get the adjustment, stay right there folks to come right back. Are you ready to take your trading to the next level? Introducing Tom O'Brien's award-winning newsletter, Market Insights, your key to successful active trading. Tom O'Brien, renowned for his expertise in the financial markets, has designed Market Insights to be your daily guide to profitable trades. Tom publishes his daily Market Insights newsletter every market day before the market open along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox. Whether you're a seasoned trader or just starting out, Market Insights provides the edge you need to navigate the markets with confidence. Ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to Market Insights today. 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After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com, educating investors. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit Watch Tiger TV. That's TFNN.com and hit Watch Tiger TV. Welcome back, folks. Dow is up eight, Nasdaq's down 26, S&P's are up four. Let's go into the silver market. Folks, if you haven't test-driven or got the gold report yet, great time to do it. Get over to our website at TFNN. You're going to see it right under Featured Content. You can test drive that. You like it? Great. You can keep it. If it doesn't work for you, 28 days, just cancel it. And guess what? Bottom line, you get the money back, plus you'll get four great newsletters. We're going to take a look at the silver market. You can see this number here, 65,000. That's big numbers inside the silver market, folks, for volume. Let me pull this back. So as you're going higher here, inside the silver market, the actual volumes are going up. And that's what you want to see, particularly we're going against swing points. So if I do the SLV and we take a look at the SLV, because that's going to have volumes right on it, we put this on a weekly. Okay, so it's coming up to the top of its range. The top of the range is how the SLV is going to be. Right now, you're trading at the 2290. It's $2390. It's another dollar. And we actually look at this. This is saying that we actually need more volume. Let me put this on a monthly, one second. There we go. Okay, so now I get it on a monthly. Yeah, you're going to need more volume. The swing highs here, that's 408 million versus 335. So we're not at the high. The good news is in the silver market, you're not at the highs. And we'll start off December. You start off December right underneath this. And so this is kind of intriguing, actually, because you can make the case with silver. Look at this. Silver is right at the trend line to break the downtrend. It hasn't broken yet, really. Actually, you know, not an odd to go to this high of $30 in silver and $28 in the SLV. You can see it's just laying right there. Always remember, folks, the bank and Chloe hide out the book and run you over. And thank God there's always another trade. Health app is in prosperity. Have a great night, folks. Have a safe night. Come back and visit Tommy tomorrow morning. Kicks us off 9am. Great show, folks. I'll get them, folks.