Jim rickard’s new article covering his case for $10,000 gold can be read HERE. Snippet: “I believe the Fed is preparing to raise into weakness and will have to reverse course in April or May. What happens to gold then? It’s going to go higher...
Continue reading » March 8, 2017 admin Market Flash No Comment Theburningplatform.com just released another great article titled “WHAT THE HELL IS GOING ON?“. Snippet: “I’m 53 years old. The older I get the less sure I am about things I was sure about when I was 25 years old. I believed stocks for the long run...
Continue reading » March 8, 2017 admin Market Flash No Comment The USD/ZAR exchange rate has shown a very interesting relationship with bear and bull markets in gold. When the USD strengthens relative to the South African Rand, this has gone alongside a negative price trend in gold, and vice versa. On the chart below, it...
Continue reading » March 7, 2017 admin Market Flash No Comment Consumer credit running rampant… Alongside a decline in interest rates (which helped cause it of course)… So imagine if inflation and ergo rates were to pick up, which it seems to be doing around the world… Higher rates + (nosebleed levels in student, auto...
Continue reading » March 4, 2017 admin Market Flash No Comment The case for holding real monetary assets summed up in one chart: If and when this amount of currency makes it’s way to the real economy, one can only imagine how fast prices could potentially rise. Out of the two scenarios that will unfold (higher...
Continue reading » March 4, 2017 admin Market Flash, Silver & Guld No Comment The last couple of days of slaughter in the metals and mining space saw GDXJ turn down from over head resistance in the form of a descending ceiling. With three potentially big catalysts coming up around March 15 along with now narrowing wedges in the GDXJ chart, we could...
Continue reading » March 2, 2017 admin Market Flash, Silver & Guld No Comment Setting the scene… ( S&P500): As the US stock indices have almost gone vertical I thought it might be interesting to map just how euphoric investors are today… Yesterday the largest S&P500 ETF saw the second biggest inflow in over 5 years....
Continue reading » March 2, 2017 admin Market Flash No Comment