AI PHYS Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: Increasing geopolitical tensions and economic uncertainty may spike demand for gold as a safe haven, leading to potential gains for PHYS. Historical data suggests strong performance for longer holding periods.


Bearish Case: If inflation fears dissipate and the global economy stabilizes, demand for gold might decline, negatively affecting PHYS. Recent flat price action could indicate a trend of stagnation ahead.


Potential Outcomes:

1) 30% chance of moderate growth (5-15% return);

2) 25% chance of substantial growth (15%+ return);

3) 25% chance of stagnation (0-5% return);

4) 20% chance of decline (-5% or worse).


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September 21, 2024


Sprott Physical Gold Trust Units Forecast

PHYS      Sprott Physical Gold Trust Units











Correlated Assets

Assets that tend to move strongly with PHYS



GLD Forecast + Options Trading Strategies   GLD  SPDR Gold Shares (1.0)


UGL Forecast + Options Trading Strategies   UGL  ProShares Ultra Gold (0.99)


NGD Forecast + Options Trading Strategies   NGD  New Gold (0.97)


EGO Forecast + Options Trading Strategies   EGO  Eldorado Gold (0.97)


HMY Forecast + Options Trading Strategies   HMY  Harmony Gold Mining (0.96)



Uncorrelated Assets

Assets with little price relationship to PHYS



SNAP Forecast + Options Trading Strategies   SNAP  Snapchat (-0.0)


VAL Forecast + Options Trading Strategies   VAL  Valaris (0.0)


VEEV Forecast + Options Trading Strategies   VEEV  Veeva Systems (0.0)


MDLZ Forecast + Options Trading Strategies   MDLZ  Mondelez International (0.0)


OVV Forecast + Options Trading Strategies   OVV  Ovintiv (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against PHYS



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.91)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.91)


ZSL Forecast + Options Trading Strategies   ZSL  ProShares UltraShort Silver (-0.92)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.92)


DUST Forecast + Options Trading Strategies   DUST  Direxion Daily Gold Miners Index Bear 2X S (-0.96)





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