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To be determined in the days ahead… $SMH
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Gold isn’t showing the classic topping characteristics we saw in 1980, 2011–12, or 1975–76: no prolonged distribution, no major relative peak vs stocks, no true bearish consolidation.
The 1975–76 ~50% decline came after an extreme move. Gold surged 5x in 4 years and +712% vs stocks.
Compare that to today: 189% over 2 years and ~100% vs stocks. Strong, but not remotely the same magnitude.
Even the 2018–2026 advance, which is closer to 1971–74, included a 3-year-long consolidation.
In 1975–76, Gold retraced ~58% of its prior gain. A similar retracement today would imply $3450. Not a prediction, just historical context.
Bottom line: The real rotation phase (1971–74, 2001–03) still lies ahead.
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Bitcoin still trapped in it's gold defined "dome" jailhouse.
You see, still lots of work to do...
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YES.
Even while I have warned you about the SHORTER term DOWNSIDE for gold & silver...
I am also warning you about the huge LONG term UPSIDE still left on the table.
It's that early.
Have a nice weekend!
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10 WAYS TO BUILD AN AI POWER PORTFOLIO
1. $OKLO effectively building the “local nuclear plant” the AI economy will require by placing reactors directly next to data center campuses for 24/7 onsite generation.
2. $BE fuel-cell onsite power play helping data centers bypass the grid with dedicated energy for AI clusters with product backlog up 250% YoY to $6B.
3. $CEG nuclear baseload backbone of the AI era with a 20-year $MSFT PPA tied to the Three Mile Island restart to supply the 24/7 carbon-free power.
4. $VST hybrid power engine of AI combining nuclear, gas & storage with a 20-year $META agreement covering 2,600+ MW across three nuclear plants.
5. $GEV industrial supplier rebuilding the U.S. grid providing the turbines, transformers & hardware every AI-driven upgrade cycle depends on with $163B in backlog.
6. $VRT infrastructure gatekeeper for AI compute controlling the cooling & power systems that $NVDA class clusters cannot run without with Q1 backlog up 80% YoY to ~$12.5B.
7. $EOSE long-duration storage solution for a grid under strain helping utilities smooth volatility as AI demand overtakes supply.
8. $NEE clean-energy arm of the AI buildout with largest renewable development pipeline in the country positioned directly into data center load growth.
9. $LEU only U.S. source of HALEU fuel making it essential for powering the modular reactors needed around future AI campuses backed by ~3B DOE contract.
10. $UUUU secures the domestic uranium supply chain by turning nuclear fuel into a national-security asset for the AI age.
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Trump has been telling you what to buy for months:
• AI: $DELL $MU $SNDK $WDC
• chips: $INTC $AMD $NVDA $TSMC $ARM
• space: $RKLB $PL $ASTS
• crypto: $HOOD $CRCL $PURR
• energy: $BE $GEV $FCEL $TE
• drones: $UMAC $ONDS $AVEX
• nuclear: $XE $CCJ $OKLO $UUUU
• robotics: $OUST $AEVA
• quantum: $IONQ $QBTS $RGTI $INFQ
• batteries: $FLNC $AMPX $KULR
• healthcare: $OSCR $CLOV
• photonics: $AXTI $AAOI $LITE $CRDO
• rare earths: $USAR $CRML $TMC
• manufacturing: $STRL $CDNL
• critical minerals: $TMQ $MP $LAC
Don't overcomplicate it.
Never miss the leading stocks again:
fullstackinvestor.co/themes
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Gold’s Post-Breakout Correction
Analog studies are most effective when the setups truly match...and these do.
This correction is maturing. We’re in the later innings.
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This is how EARLY we are in the BIG PICTURE cycle for gold versus the stock markets.
STILL carving out Phase A. The MEGA outperformance is found in Phase B.
Probably $20,000 or MORE for gold before it locks-in a generational PEAK.
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This is how you buy stocks that look like $MU, $SNDK, $RKLB, $AMD, $NBIS, $QCOM, $INTC, etc. right now.
I teach you how to buy parabolic stocks the RIGHT way. The most important 3-minutes of your life that make and save millions of dollars:
1. Buy a very small position now. This gets rid of your FOMO and helps psychologically.
2. Buy when stocks reach the daily 62 / 79 EMA & 200 MA (needs to be in a clear uptrend).
3. I became a multi-millionaire because I buy LOW and trim HIGH. I followed these EXACT rules.
4. This is what I teach to my subscribers EVERYDAY. We buy LOW and trim HIGH.
Follow my every move and you will retire in a few years.
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You just can't put an arrow up and expect it to 100% do that immediately.
Using proper analysis, you can better establish the odds of possible road maps.
Things then become less click bait and more actionable, with clear lines in the sand where odds increase or decrease.
Silver back above $80/oz.
If you like that, you must love a miner producing ounces below $15.
Mining margins today are better than any tech company.
Game on.
open.substack.com/pub/tavico…
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Gold vs. Nasdaq 100 (trading in a 9-year base) is the most important macro chart for precious metals.
Digging inside of that: Gold vs. MAG 7.
It's building a 3-year base & testing its 400-day moving average, an excellent trend indicator over the past 2 years.
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Uranium and nuclear ETFs $URA & $NUKZ continues to look super strong and about to break out.
It's only a matter of time before it breaks out on the weekly timeframe.
Once it does, expect the new super-cycle for uranium and nuclear stocks.
Key holdings for $URA ETF: $CCO, $OKLO, $UEC, $LEU, $SMR, $NNE
Key holdings for $NUKZ ETF: $CCO, $GEV, $TLN, $DUK, $D
Uranium ETF $URA is coiling up on the weekly.
Key holdings:
1. Cameco $CCJ
2. Oklo $OKLO
3. Uranium Energy $UEC
4, Energy Fuels $UUUU
5. Nano Nuclear $NNE
6. NuScale Power $SMR
7. Denison Mines $DNN
8. Centrus Energy $LEU
Nuclear is finally getting some traction, especially with $NVDA partnering up with $OKLO.





































