Thursday, April 30, 2020
Gold Price Will Hit $3,000, But It's Going to Be a Wild Ride / Commodities / Gold & Silver 2020
Agora Financial's Byron King and John-Mark Staude of Riverside Resources offer their viewpoints on markets during the COVID-19 pandemic in this conversation with Maurice Jackson of Proven and Probable.
Maurice Jackson: Today, we will seek to discover the true price of gold and silver and prospect generators. Joining us for a conversation is Byron King of Agora Financial, along with Dr. John-Mark Staude of Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB). Gentlemen, I hope you both doing well.
Mr. King, I'd like to begin with you, sir. Bloomberg issued a press release recently that Bank of America expects gold to reach $3,000/ounce, which is a 50% increase from its record. In your opinion, is this a realistic number, or was Bank of America being far too generous or conservative?
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Thursday, April 30, 2020
Russia - Without the Propaganda - Part 2: The Rise of Putin / Politics / Russia
Geographical and demographic description
The Russian Federation, commonly known as Russia, is the successor state from the breakup of the Soviet Union in 1991. Russia still has the largest land mass of any country with 6.6 million square miles, roughly three times that of the United States. From East to West it extends for 6,200 miles through eleven time zones, and its land mass extends from above the Arctic Circle south some 2,800 miles to the subtropical coast of the Caspian Sea. Its population of 146 million, represents just 1.9% of world population, and less than half the population of the United States. But its land mass represents 11% of the earth’s land surface! Three fourths of this land mass, and just one-fifth of its population are in Siberia where its rivers drain into the Arctic Ocean.
Being this far north, its growing season is limited to four or five months, while the winters are long and harsh. Approximately 60% of its land mass is covered in a taiga, a coniferous forest rooted in acidic nutrient-poor soil, with a permafrost underlying roughly half of this terrain. This is not a hospitable environment for agriculture, being suited mostly for spring plantings of hardy early maturing crops. Given the huge distance barriers, growers are inhibited from growing and harvesting more than can be eaten or traded locally, but the nation produces sufficient harvests to feed its population.
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Wednesday, April 29, 2020
The Crude Oil Futures Crash Is a Warning to Gold Speculators / Commodities / Gold & Silver 2020
The metals complex showed relative stability this week as the oil market suffered a historic meltdown. West Texas Intermediate Crude crashed 70% at one point this week on the continuous contract, bringing prices briefly below $7 per barrel. By Thursday, prices were trading between $14 and $18 per barrel.
The volatility on the May futures contract was even more extreme. On Monday, May futures for crude oil crashed to one dollar, then to zero, then to a few pennies below zero, then to an unbelievable negative $37 per barrel.
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Wednesday, April 29, 2020
Gold and the Debasement of Currency Con / Commodities / Gold & Silver 2020
It is reasonably well known that many Roman emperors debased their currency (coinage). This was a very bad practice, since it is really a reflection of the debasement of the value of the kingdom (empire or country); going from a honest and just society to a corrupt and unjust society.
One of the reasons (effects) of debasing the currency was the transfer of wealth from the citizens to the ruling class. When the gold or silver content of the coinage is reduced, then more of the official coinage can be made, with a similar amount of gold or silver; therefore, increasing the money supply without the input of more gold or silver.
The increase of the money supply leads to reduced purchasing power, and this is the mechanism whereby they are robbed, since it is the ruling class that essentially bags the difference in purchasing power.
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Wednesday, April 29, 2020
Gold Stocks Bull Breakout! / Commodities / Gold and Silver Stocks 2020
The gold miners’ stocks surged to a major bull-market breakout this week! Powering decisively above their years-old secular resistance is a hugely-important technical event. It proves this gold-stock bull is alive and well, greatly improves sentiment, and puts this high-flying sector on countless more traders’ radars. New bull highs fuel self-feeding bullish psychology, as speculators and investors love chasing winners.
The gold miners’ stocks are essentially leveraged plays on gold, since its price overwhelmingly drives their earnings and thus ultimately stock prices. So gold-stock bulls and bears mirror and amplify gold’s own major market cycles. Today’s secular gold bull began marching in mid-December 2015, birthed from choking despair. Gold stocks’ parallel bull arose from the ashes about a month later in mid-January 2016.
The GDX VanEck Vectors Gold Miners ETF is this sector’s most-popular benchmark today. It plunged to a fundamentally-absurd all-time-record low of $12.47 at that terrible nadir. This major gold miners’ ETF had collapsed 81.3% during the previous 4.4 years in an exceedingly-brutal bear market! Left for dead, virtually everyone hated this small contrarian sector. But such shocking extremes forge new secular bulls.
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Wednesday, April 29, 2020
US Paving the Way for War with China / Politics / China US Conflict
Meanwhile the CCP opened one of their desk drawers marked "Do Not Open" to reveal that the number of total deaths is actually 50% higher than previously reported. Expect more such revisions upwards though likely we will never know the true number since many bodies were disposed off in mass cremations, and I would not be surprised if the real number was at least 5 times higher than Beijing propaganda, all of which acts as accelerant on the War with China mega-trend as what the West is experiencing does not match that which China reported to the world to expect for which there will be a reckoning with China. As is the focus of my latest video based on excerpted analysis from my article made available to Patrons on the 6th of April.
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Wednesday, April 29, 2020
Helping Businesses Fight Email Spam the Right Way / Companies / Cyber Crime
Everyone gets spam in their inbox every day. It’s frustrating, but it can also be dangerous. The emails might contain viruses and malware that can infect your system, or they might trick you into giving hackers your personal information that they can use to steal your identity and money. And if you’re running a business, you not only have to worry about your own inbox; you also have to worry about the inbox of every one of your employees, hoping that they know how to stay safe.
Being aware of the signs that an email is spam is the first step. Beyond that, there are other ways that your business can fight email spam the right way. Check out the tips below to get started.
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Tuesday, April 28, 2020
This Major Stock Market Indicator is Flashing a HUGE Signal / Stock-Markets / Stock Markets 2020
Here's what should happen during a bear-market rally as sentiment rises
A question was posed to Elliott Wave International President Robert Prechter for a classic Elliott Wave Theorist (Prechter's monthly publication about financial markets and social trends since 1979):
Under the Wave Principle, what is the most important thing to watch other than price?
Prechter answered:
Volume.
You see, high trading volume means that traders are displaying a great deal of conviction about a given market, whether the trend is up or down. Low trading volume means a lack of enthusiasm.
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Tuesday, April 28, 2020
Russia - Without the Propaganda - Part One: Rise of Communism to 1991 / Politics / Russia
This set of two articles is being created to investigate Russia’s embrace and evolution from Communism, political development of their new state, advance of their market economy, current influence in the world regarding regional conflicts affecting their near geographical neighbors, and potential threat to the United States.
This first article reviews major events leading to the Russian Communist revolution in 1917, through the two world wars and subsequent Cold War to the ultimate unraveling of the Soviet Union. The second article in this series looks at the development of a new Russia – without the propaganda. Consequently, that article looks at facts and some statistics rather than politicized opinions of proponents or opponents. One can lie also with statistics, but less so, and they tell a story that the reader himself can evaluate and confirm either to accept or reject.
Since the beginning of the 20th century Soviet Union’s or Russia’s military force has participated directly or indirectly in WWI, WWII, Korea, Yugoslavia, Vietnam, Afghanistan, Iraq, Libya, Ukraine, and Syria. Despite the world being a huge space, America also has been a participant in these same countries, and over the last several decades the U.S. has identified certain countries as formidable rivals or even as “enemies endangering our national security”. Russia, China, Iran, North Korea and even Venezuela are on this list. Curiosity caused this author to investigate the reasons why these less economically developed and militarily weaker countries are such a concern to the all-powerful United States. Those wishing to review this author’s investigations into China, Iran, Vietnam, or North Korea may do so by accessing Market Oracle’s Author’s Archive, for those interested in Russia, read on.
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Tuesday, April 28, 2020
Precious Metals Market Premiums, the COMEX and the Macro Picture / Commodities / Gold & Silver 2020
Maurice Jackson of Proven and Probable speaks with Andy Schectman, president of Miles Franklin Precious Metals Investments, about the present situation with physical precious metals.
Maurice Jackson: Today, we're going to discuss precious metals premiums, the COMEX and the big picture. Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments.
Andy, investors in physical precious metals are upset with high premiums over spot for precious metals. Can you discuss the reasoning behind the high premiums, the supply chain, and just a number of the intangibles that really go into what's causing premiums to soar at records highs above and beyond the spot price?
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Tuesday, April 28, 2020
Uranium's Stealth Bull Market Garners Momentum / Commodities / Uranium
With the supply/demand balance moving in favor of miners, the outlook for uranium stocks is the brightest it has been in years, according to McAlinden Research Partners.
SUMMARY: Uranium has been enjoying a stealth bull market due to the coronavirus outbreak. Temporary mine closures to slow the spread of the virus at production facilities have triggered an unexpected supply squeeze, sending the price of uranium up nearly 30% since the beginning of March. According to one analyst, half of global production has been cut. With the supply/demand balance moving in favor of miners, the outlook for uranium stocks is the brightest it has been in years.
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Tuesday, April 28, 2020
UN Warns Of Famines Of Biblical Proportions Due To Lockdown Caused By Covid Plandemic / Politics / Food Crisis
"Let them eat cake"
As the legend goes, this was Queen Marie-Antoinette from France’s famous response to the peasants who complained they didn’t have bread to eat. With this, she reportedly became a hated symbol of the decadent monarchy and fueled the revolution that would cause her to (literally) lose her head several years later.
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Tuesday, April 28, 2020
US Coronavirus Catastrophe Current State / Politics / Pandemic
US buck passing has started as Trump de funds the WHO in the middle of a pandemic, yes the WHO has been infiltrated by the CCP as have many western institutions just as the CCP was planning on having the likes of Huawei infiltrate western 5G networks that they were offering at deep discounts to the fools in the UK government who were eager to blindly lap it up despite warnings from the US.. At least the US did not fall for China's 5G cunning plan. Though of course following the corona catastrophe many nations should be waking up to the full spectrum Chinese threat that includes bio-weapons as the story of the lab in Wuhan being the source of the pandemic has once more started to make an appearance in the mainstream press. And It does not matter if it is true or not for it is all for inclusion in the dossier that is being quietly assembled by US Intelligence agencies in preparations for military action later this year.
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Monday, April 27, 2020
We Don’t Have Markets Anymore / Stock-Markets / Financial Markets 2020
The novel coronavirus is destroying human lives: almost 170,000 worldwide as I write this, including 40,000+ in the United States.
These aren’t just numbers. They were people who were loved. Now they are gone. Next to that, all other effects are secondary.
But some are still serious. For one, government actions and consumer choices are pushing an already-weak economy into deep recession.
I said in a video interview last week (watch here) the world economy we knew three months ago won’t be back, ever. It is gone. After a transition period, we will find something different, whose contours are not yet known.
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Monday, April 27, 2020
How Will You Play the Precious Metals Stocks Bull Market ? / Commodities / Gold and Silver Stocks 2020
There are as many ways to play the PM sector as there are investors. Some will only buy the big cap PM stocks for safety. Others will only buy the mid cap producers. Some will only buy a mix of big caps and mid cap producers. And then there are the PM stock investors that will only play the juniors. Each has its own advantage depending on your risk tolerance. Some of you are wondering why is Rambus’s portfolio structured like it is with hardly any big caps?
After a great run during the tech bull market that ended in 2000 I was able to basically retire and build our dream home. After that bull market ended I was left looking for another area in which to invest. It wasn’t until early 2002 that I saw a chart for gold which was showing a very large base that caught my attention. Whenever I see a big base I have to study it more to see what is behind the price action. The more I looked, it became apparent to me, that a new bull market may be starting to form in the PM complex.
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Monday, April 27, 2020
6 Ways To Grow Your Small Business On Instagram / Companies / Social Media
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Monday, April 27, 2020
Gold Price on the Cusp of Reaching $2,100 - Video / Commodities / Gold & Silver 2020
Chris Vermeulen, CEO & Founder of Technical Traders Ltd., joins Tom Bodrovics at Palisade Radio to discuss the markets and Chris says, “This is the time to really be paying attention to the markets… It could be a bloodbath.”
Chris is seeing uncertainty that could bring equities lower as money is flowing into safe havens. The charts are showing that markets are approaching a major inflection point, which could go either way. Both gold and silver should rise rapidly once they get past resistance.
Time Stamp References: 0:45 – Equities and safe havens. 2:00 – Market weakness – bear rally? 4:45 – Charts show a coming inflection point. 9:20 – Charts testing support on gold. 10:20 – Silvers chart is still ugly. 12:15 – What happened in oil? 20:00 – Equities may top and rollover.
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Monday, April 27, 2020
Gold Stock Cycles / Commodities / Gold and Silver Stocks 2020
Gold stocks are the crazy ride in the markets. The swing are so great it does not matter if you miss a bullish the break out as another deep pull back allows you to enter with ease.
The good news is the (!XAU) PHLX Gold/Silver Index (in the chart below) is very friendly to price cycles. These cycles can be used for timing markets, it also makes it clear if you fight the price cycle you may be in line for a heavy draw down.
At the moment XAU price is making new 52 week highs and the blue cycle line suggest a cycle top is due, therefore it may be wise to wait for price to peak and pullback before building positions. A tactical reason (Richard Ney logic) is the big boys have been accumulating in the friendly institutional stocks and this will attract profit taking [as they do not want to get too far ahead of the wider market] easily sending down the gold stock index and components of the XAU.
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Monday, April 27, 2020
GOLD STRAITS OF HELL BREACHED TO UPSIDE / Commodities / Gold & Silver 2020
Well boys and girls The Straits of HELL have just been breached, JUMPED with a GAP, which leaves us with one of the LARGEST Island Bottoms of all times, IF not the largest.
To me that signifies that whomever they are, Monetary or Governmental Authorities, Et Al, have lost control.and that Precious Metals will do as they need to, based on the leadtime of the GDX. Good Luck All, BREAK A LEG !!
Monday, April 27, 2020
Stock Market Re-testing the Recent High / Stock-Markets / Stock Markets 2020
Current Position of the Market
SPX Long-term trend: An “official” bear market has now been declared.
SPX Intermediate trend: Intermediate low mid-year.
Analysis of the short-term trend is done on a daily-basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.
Daily market analysis of the short-term trend is reserved for subscribers. If you would like to sign up for a FREE 4-week trial period of daily comments, please let me know at anvi1962@cableone.net