This has almost always been a buying opp for a short term trade-
I do NOT envison a collapse in gold IF stocks crash like in 2008…JMO DYOD
Mean Streak!
Shame on you for scaring an old lady! LOL!
Do you know what this is?
He wrote a book called “technical analysis” in the 60s. Back in the day it was strictly fundamental analysis. He was fired from Kidder Peabody (in charge of their market letter) when he started recommending Gold and Silver investments. He was the first one called a gold bug by the media, and he proudly accepted it.
He has a lot of experience and feel for the markets. He has a team that work together. I’ve seen him right many times. Gets in early on new trends, like the dot comes, uranium, rare earths etc. Tends to hang on too long though.
He was on gold very early, but waited too long after the ’79 peak, and rotated out June 1982, said inflation was over, and put everybody into the Dow at 796 in June ’82.
Medicare/Medicaid was created by Amendment to the Social Security Act on July 30, 1965 @ Independence, MO. No time of origination given so am using a noon chart…ignore house positions.
The August 21, 2017 Solar Eclipse (The Great American Eclipse) will strike/conjoin radix Mercury, as it will President Trump’s radix Mars/Ascendant. Mercury rules documents and Trump will attempt to alter this adjunct to social security, as he appears determined to aid the wealthy and induce suffering upon the less fortunate (cutting heating assistance benefits for the elderly, for one).
Transiting retrograde Mercury conjoins radix Moon in Virgo, placing focus on the people’s health issues.
Transiting retrograde Uranus trines radix Mercury in Leo drawing some assistance from the altruistic.
Transiting retrograde Neptune opposes radix Pluto in Virgo, casting illusion and causing deception regarding health issues.
Transiting retrograde Pluto squares radix Mars in Libra for a knock-down, drawn out battle. Usually when these two planetary adversaries clash, the Pluto energy is victorious. Pluto in Capricorn represents the government. Therefore, it would appear that changes in either Medicare or Medicaid – or both – will manifest.
Protect yourselves or your loved ones who will be negatively affected…thanks to President Donald Trump and Speaker Paul Ryan.
I did. Interesting. Hope they’re right about the pm bull….
About an hour…enlightening.
“Not liking the HUI back at 185 at all.”
Roger that Amigo. Kinda ugly if it goes much lower … then, what is real anyways in this market?
http://stockcharts.com/h-sc/ui?s=%24HUI&p=D&b=5&g=0&id=p44466558586
This has almost always been a buying opp for a short term trade-
I do NOT envison a collapse in gold IF stocks crash like in 2008…JMO DYOD
Yes.
LOL! Hilarious!
If everything shits itself, we might go in sympathy, short term, then the bozos will panic and drop rates or QE again, and send us back up. The whole system is skating on thin ice
If this is the beginning of a stock market correction, will pm’s get dragged down with everything else?
I remember wild swings as the beginning of some nasty corrections in the past, seems like this is the 3rd day in a row.
Drb2 – hoping you’re right about next week being better because this week has been beyond ridiculous.
There has been a gap in JNUG $18-$18.50 that I kept wondering if it would ever fill. For a long time it seemed that it wouldn’t.
With PM stocks it seems like the gaps always fill. Coupled with COMEX expiration, I guess this downdraft was inevitable.
I think next week will be the beginning of some good times. Ha-ha. I have said that before.
My dad sent me that, he comes up with some good stuff and not all of it is X-rated 🙂
We really shouldn’t be having an uphill battle today. USD weaker again. The manipulation is pretty much off the charts this week.
Nascrack is looking toppy and has a 99′-00′ feel to it. I don’t know.
Not liking the HUI back at 185 at all.
Canada’s Eldorado Gold (TSX:ELD) (NYSE:EGO) may miss its 2017 guidance by as much as 25% due to leaching problems at its Kışladağ mine in Turkey, one of its largest operations.
The Vancouver-based company said late Tuesday that Kışladağ is now expected to produce 180,000-210,000 ounces of gold this year. Incorporating that revised guidance, the miner’s group expected output would be 315,000-365,000 ounces, down from the original 365,000-400,000 ounces forecast.
Shares in the company were hit hard by the news. They fell 4.9% Wednesday to Cdn$3.53 in mid-morning trading in Toronto and were last trading 3.9% lower in New York to $2.71. Other larger gold miners were also falling today.
cont. http://www.mining.com/eldorado-gold-risks-missing-2017-guidance-issues-turkish-mine/
I’ve always had a sense that you were a “good” father!
Looks like we’ll have a bit of a headwind today …
Subject: Fwd: A Pilot Father’s Discipline
Most people today think it improper to discipline children, so I have tried other methods to control my kids when they have had one of ‘those moments.’
Since I’m a pilot, one method that I have found very effective is for me to just take the child for a short flight during which I say nothing and give the child the opportunity to reflect on his or her behavior.
I don’t know whether it’s the steady vibration from the engines, or just the time away from any distractions such as TV, video games, computer, iPod, etc. Either way, my kids usually calm down and stop misbehaving after our flight together.
I believe that eye to eye contact during these sessions is an important element in achieving the desired results.
I’ve included a photo below of one of my sessions with my son, in case you would like to use the technique.
Should work with grandkids too!
Oh wait!
However rates on the ten year are creeping up a little, that must be why pm’s are down this am.
Maguire better be right about July 6th 🙂
Gold, A Banking Collapse And Cryptocurrencies
“We believe the effect of the troubles in the subprime sector on the broader housing market will be limited and we do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system,” – Fed Chairman, Ben Beranke – May 17, 2007.
“You know probably that would be going too far but I do think we’re much safer and I hope that it will not be in our lifetimes and I don’t believe it will be.” – Fed “Chairman,” Janet Yellen – June 27, 2017
At this time 88 years ago, Yale economist Irving Fisher was jubilant. “Stock prices have reached what looks like a permanently high plateau,” he rejoiced in the pages of the New York Times. That dry pronunciation would go on to be one of his most frequently quoted predictions — but only because history would record his declaration as one of the wrongest market readings of all time.