A look at the Gold and Silver Charts (30.01.2025)

Deepseek AI rocked the market, particularly tech stocks. With Nvidia shedding almost $600 billion in market cap in one day marking the biggest one-day loss for a US company in US history. Deepseek has been around as a trading AI since 2023. Export bans by the US forced the company to make do with older technology Nvidia H800 chips instead of the later H100 chips available to US companies.

Deepseek older models, the LLM and Chat have been around since 2023, were superseded by the V2, a general purpose text and image analysing system. It turned out that these were far cheaper to run than equivalent models and performed well against the benchmarks.

Deepseek V3 launched in December 2024 added to the version 2’s capability. According to Deepseek’s internal benchmark it outperforms Meta’s Llama and OpenAI’s Chat GPT-4.0

The R1 ‘reasoning’ model released this month – January? 2025 is claimed by Deepseek to perform as well as OpenAI’s 01 model on key benchmarks.

The pricing of Deepseek is exceptionally keen. This is causing disruption in the stock markets.

Evaluation over time will tell the real story. Could this be a way to justify massive investment in tech to keep the US ahead of China? Think Stargate.

See reference here

It seems that President Trump is tackling the large American security issues head-on and aggressively. He sees the threat posed particularly by China and is moving quickly to resolve the issues.?

He is looking at where the threats lie even outside the borders of the US. China and others have taken advantage of the perceived weakness created by President Biden during his term. It would appear that infiltration through Panama and Mexico of illegals entering the US is to be terminated.?

Security of the US borders through Canada will be upgraded and the borders of Greenland secured.

Regarding trade routes, a negotiation with Panama will take place. The outcome of this is eagerly awaited.?

The ‘invasion’ of America by illegals is being tackled and although three-odd thousand have been deported, a drop in the ocean, the message is clear. I saw videos of?queues of illegals at the border, leaving the country. Legitimate immigration is great, illegal immigration is problematic.

I feel that the negotiation style is heavy-handed but typical of Trump.?

In my opinion this is just the beginning of changes to take place. I look forward to seeing the next steps and trust that we will not be disappointed and that the changes promised will be implemented.

CHARTS signs descriptions ???

• Red vertical lines are sell signals.
• Blue vertical lines are buy signals.

BITCOIN AND GOLD

Buy bitcoin versus gold (15 January 2025). Mind the gap. Bitcoin outperforms gold. Almost a reversal on the chart.

ETHUSD: Out 10 December 2024: A spike low indicates a reversal. Indicators still pointing down. No buy yet but close.

BTCUSD: Sell, 20250128. Bitcoin and the Nasdaq (Cyan), have a similar trajectory. We have a double top not penetrated yet, we are waiting for a third attempt. The price could easily come back to $95,000.00 before giving a breakout another go.

GOLD AND SILVER STOCKS

Gold stocks outperforming gold. (01 January 2025)

Silver outperforms silver stocks. (13 December 2024). Looking overbought, I expect silver stocks to outperform silver in the relatively near future. It looks like stocks are about to outperform. Silver stock performance hanging on by a thread.

GOLD AND SILVER

Silver to Gold Ratio

Gold outperforming Silver. (Signal given 14 January 2025)

Almost 90 silver ounces to buy one gold ounce. Looking close to a reversal.

GOLD TO USD

Gold outperforms the USD, (10 January 2025). Looking overbought. No reversal yet.

A LOOK AT THE GOLD AND SILVER CHARTS

Gold’s low of the week was $2,730.00 and the high was $2,786.00, now trading at around $2,786.00.

• Gold Monthly:? is a hold. We bought in at $1,800.00 in October 2023. Funds flows into the metal are substantial and declining. It is overbought and rolling over. No sell signal yet.
• Gold Weekly: is (Out 11 November 2024) No buy signal yet.? Strengthening, Conflicting signals. Looking overbought. I am hesitant to put on a buy right now. (Chart below)?
• Gold Daily: (Buy: 20250108). Looking nice and strong.

The low for Silver this week was $29.68 and the high $31.39 trading around $31.38 at present.

• Silver Monthly: Hold. Buy signal taken at $24.00 in March 2024. Weakening. Out of overbought territory. Funds flow into the metal weakening. No sell yet.? (Chart below).
• Silver Weekly: Out (7 November 2024). No buy yet. Tide changing. Looking like a buy during the next week. (Chart below)
• Silver Daily: Buy. (3 January 2025). Holding up.

On the Stockcharts.com charts, the blue vertical lines are our proprietary system buy signals and the red vertical lines are system sell signals – for information purposes only

Please contact us to arrange the purchase and storage of your gold and silver requirements in a safe, insured location outside of your jurisdiction.

If you are interested in an overview of Fort Kobbe, you may want to have a look at this video:?Mike Brown, Director, Fort Kobbe, International Vaults, A DotCom Magazine Exclusive Interview

This is my interpretation of the market and is not to be taken as financial advice. Before making any buy or sell decisions I recommend that you consult with your professional financial advisor.

Larry Simon

Larry Simon was educated at the University of Witwatersrand, Johannesburg, South Africa, and is an experienced businessman specializing in management, investment, and finance.