CEF Forecast


Bullish Case: Diverse asset exposure and historical resilience might drive positive returns. Amidst global economic uncertainties, gold and silver are traditionally viewed as safe havens.


Bearish Case: Historical price data suggests limited short-term gains. Macro conditions potentially weaken investor confidence, affecting demand for precious metals.


Potential Outcomes: 10% chance of significant price appreciation due to macroeconomic safe-haven buying, 30% chance of modest gains reflecting historical performance trends, 40% chance of flat returns due to current neutral forecasts, and 20% chance of downturn due to global market instability.


Trading Oracle: Sign Up to access trading oracle trade ideas.


June 24, 2024


Sprott Physical Gold and Silver Trust Units Forecast

CEF      Sprott Physical Gold and Silver Trust Units











Correlated Assets

Assets that tend to move strongly with CEF



UGL Forecast + Options Trading Strategies   UGL  ProShares Ultra Gold (0.98)


GLD Forecast + Options Trading Strategies   GLD  SPDR Gold Shares (0.96)


NGD Forecast + Options Trading Strategies   NGD  New Gold (0.95)


EGO Forecast + Options Trading Strategies   EGO  Eldorado Gold (0.93)


HMY Forecast + Options Trading Strategies   HMY  Harmony Gold Mining (0.92)



Uncorrelated Assets

Assets with little price relationship to CEF



SAFE Forecast + Options Trading Strategies   SAFE  Safehold (0.0)


NVS Forecast + Options Trading Strategies   NVS  Novartis (0.0)


TLH Forecast + Options Trading Strategies   TLH  BlackRock Institutional Trust Company N.A. - iShares 10-20 Year Treasury Bond (0.0)


W Forecast + Options Trading Strategies   W  Wayfair (-0.0)


ESTA Forecast + Options Trading Strategies   ESTA  Establishment Labs (0.01)



Anticorrelated Assets

Assets that tend to move strongly against CEF



SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.83)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.84)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.85)


DUST Forecast + Options Trading Strategies   DUST  Direxion Daily Gold Miners Index Bear 2X S (-0.91)


JDST Forecast + Options Trading Strategies   JDST  Direxion Daily Junior Gold Miners Index Be (-0.94)





Become a more profitable investor with AI optimized trading strategies






×

Chat with CEF


 Ask any question about CEF!