30
June
2019

JUNE'19

The Bond market is telling us we shall have a recession: Greatest Crash in History Coming in 2019?

[Most Recent Quotes from www.kitco.com] [Most Recent Quotes from www.kitco.com]

Friday, June 28,  Investing is not a race...it's a marathon.!


Updated Sections: Bio-Pharma, Oil Shares, Natural Gas Shares , 

turttleInvesting is not a race...it's a marathon. Nearsighted traders don't see or understand the decay issues with triple leveraged ETF's, Forex speculations, Commodity trading, Bitcoin, .... They are a disaster long-term...a suckers bet. To make money, real money, investors need a multi-year strategy. Those who buy today in order to sell tomorrow or next week, ALWAYS lose.

  1. Find an undervalued asset, a real asset, not some paper abomination like NUGT or Bitcoin.
  2. Strategically and steadily accumulate that asset when prices are undervalued.
  3. Don't get emotionally involved.
  4. Don't believe the Mainstream. They usually tell you to BUY when you must SELL and to SELL when you must BUY.
  5. Wait patiently for the trend to change. No asset class stays in a bear market forever.
  6. Once the trend changes buy the dips as prices begin to rise.
  7. Sell your holdings into strength and when public interest reaches a zenith.
  8. Enjoy your profit an prepare for the next action.

Last but not least, one must ensure Governments don't steal your profits. Be advised that in most countries, the TAX Authorities like to tax your trading profits but don't allow you to deduct your losses.  Totally immoral it is...but these guys don't mind for a split second. As a matter of fact, the Indebted Governments are, together with bankrupt banks, probably the BIGGEST Danger to your savings. Most will find this out when it is too late!

Important Fundamentals:

  • What we had was just a nibble before the real dinner starts. The precious metals rally hasn’t really started yet. Once the Gold/Silver ratio turns we expect to see the silver price explode and go up twice as fast as gold. When gold reaches $2,000, silver should reach $66.
  • At this time, Investors have lost any interest for the Oil Shares......continue reading

Important Technicals:

  • The US stock market is still in its final hurrah stage when any news is good news and continues to TOP out. Global stock markets are finishing their final moves up before a long term secular bear market starts. The fall could begin in the next few weeks or possibly take as long as 2-3 months. Before the decline is finished, we should see a fall of at least 90%, in real terms, just like in 1929-31.
  • Gold will go quickly to $1,650+ on its way to new highs and far above that. We will see levels that no one can imagine today. See Gold objectivesTake advantage of any correction to initiate/add to your positions and bear in mind that in my lifetime, we will NEVER SEE GOLD BELOW $1,350 AGAIN!
  • Natural Gas sits in the doldrums but xxxxxx is breaking out and is a BUY...Russia will profit of the IDIOT-GREEN-CLIMATE decisions made in Europe.

...continue reading

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Thursday, June 27,  Politicians only care about themselves!


Updated Sections: Crude Oil , Recession Proof (LOCG), Recession Proof (Hold) , 

After watching this video, you will understand WHY Germany is against Nuclear and in fact doesn't give S..T about Nature. The only thing they are interested in, is to win as many votes as possible so they can stay in power.  They don't give S..T about people, they don't give S...T about the economy. The present mismanagement of ENERGY will cost the EU A LOT OF MONEY and as soon as Interest rates resume to normal, the acute Energy Mismanagement will cause even more severe problems. At that time, the politicians who are responsible for it, will have retired...

Natural gas power stations increase the ENERGY dependency of Europe to Russia.  Wind and Solar are expensive JOKE-energies and as soon as things get back to normal, Nuclear will win.

President Trump pushed his “energy dominance” doctrine…promising a “golden era of American energy” when he declared: “We will begin to revive and expand our nuclear energy sector…” American oil companies jumped;  U.S. Nuclear Corporation even returned an astounding 1,639%.

Important Fundamentals:

  • Nuclear power is the only way to go and even the most retarded politician will have no option but to sell this to those who voted HIM/HER into power.
  • Expensive stock markets and soaring stocks mean NOTHING, ZERO when expressed in Fiat money and a weak currency...time to get out of stocks and into physical Gold and Silver.
  • By lowering the interest rates, Central Banks ALL admit they have lost control of the situation.
  • A reset would send Gold ...continue reading

Important Technicals:

 

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Wednesday, June 26,  Time to realize Green Parties are COMMUNISTS in a Green Jacket .!


Updated Sections: Stock Market indexes in Gold , Long Term Stock Market Indexes , 
Recession Proof-LOCG (partly) ,

green communists

Angela Merkel has been Germany’s Chancellor for longer than anyone before her and her chosen successor has been deemed no longer fit for purpose.
That leaves the competition to replace her wide open and it is increasingly likely that the next government will be heavily dominated by the Green Party ( = modern communists). This will represent the latest iteration of the populist wave which in this case will see leftwing populists gain sway over a major economy.

The herd always ensures the few intelligent investors profit...if today, you still have not at least 1/3rd of your assets invested Gold & Silver, you are HERD/GAME and will probably buy at the next top & sell at the next bottom...and so, as usual, you will end as losers end!

Taxation....a never ending SAD story.

Important Fundamentals:

Important Technicals:

...continue reading

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Tuesday, June 25,  Big Tech is Big Brother or the new Orwell has arrived!


Updated Sections: Juniors, ,

George Orwell's fictionalized world where Big Brother reigns supreme is no longer a figment of the imagination, but a prophetic vision of present-day threats. Brent Bozell, the founder of the Media Research Center, explains how and why Big Tech is making Orwell’s 1984 a 21st-century reality. 

The ongoing trade war between the US and China has recently taken a new turn with the involvement of the digital giants, under obvious pressure from the White House. Alleging that the company is a threat to national security, Donald Trump has placed Huawei on the list of undesirable companies in the USA, pushing Google, Facebook, but also manufacturers of key components of mobile phones (ARM, Qualcomm, Wi-Fi Alliance) to sever links with the Chinese mobile provider.

Important Fundamentals:

central bankers buy gold 2019

Important Technicals:

  •  As usual, these charts tell more than 1000 words.
   
 ...continue reading Whatever Harry Dent pretends, we shall see Gold on the rise as long as REAL interest rates are negative!
   
Miners: this is really an abnormal situation! Mind the HUGE volume, breakout and buy opportunity

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Monday, June 24, 2019 -
THEY Are Losing Control Of The Gold Market!


 Updated Sections: $-Gold, €-Gold & €/$ 

Harry DentAccording to Harry Dent, Gold prices are going to collapse further. His bearish target is $700. This guy has as he says a 35-year career. I have a +45 year career. That is 10 years more than this so-called GURU who still doesn't seem to understand 6,000 years of financial and economic history. He pretends Gold that, if you want to protect your wealth from the evolving economic crisis, Gold is the absolute worst place to put your money...

Clear is that Harry Dent has NO CLUE whatsoever about the structure and bubble the international financial system is in. Clear is that Harry Dent doesn't understand that even if we have a dramatic contraction in Money supply (and a deflation), the price of Gold will fall but that in the end, it will preserve your wealth and your buying power and you will at that time continue to be able to buy goods, services, and food with your gold...while ALL OTHERS (Fiat money, Cryptocurrencies, real estate, bonds, stocks) won't because the fiat money will have gone up in smoke...The Weimar revolution, Zimbabwe, Argentina, and Venezuela are living proof of this! You can't eat Gold, but with Gold, you will always be able to buy FOOD.

Hard to trust somebody who promises you a  book for free but makes you pay for it anyhow...

ALL GOOD things can be explained with ONE WORD only. If somebody makes you read a long article and/or a thick book in order to sell an idea, you must know something is astray...Harry Dent published his book about $700 Gold in 2015. Right at the bottom of the correction. [please let us know if you succeeded in getting his book for free!]

Important Fundamentals:

  • The price of xxx must rise to sustain our present lifestyle. We need 195 million pounds, but we produce 130 to 140 million pounds. And although the source of xxxx demand is reasonably stable, the supply is not. Despite recent signs of life, spot uranium remains low by historical standards and, most importantly, below the cost of production for many mines — a fact that’s difficult to escape. Poor economic...continue reading
  • The Fed's and ECB's stress tests are worthless. The most adverse scenario assumes both inflation & long-term interest rates fall. During the next recession, both inflation & long-term interest rates will rise. No major bank will survive stagflation. That's why the Fed ECB don't test for it!
  • If Fed & ECB officials are concerned about inflation being too low, it's not because they care about the economy (where it's the lower the better), but because they want to sustain unhealthy asset bubbles and wipe out the value of debt that borrowers are incapable of actually repaying.

Important Technicals:

  • The price of Bitcoin is rising...and attracting more losers who are increasing the size of this worthless BUBBLE so that in the end, more suckers will end empty-handed.  Cryptocurrencies are, just like paper and digital money, a SYSTEM to make and receive payments. The SYSTEM, however, has just like digital and paper money, NO ZERO intrinsic value!
  •  Charts tell more than 1,000 words.
   
 A powerful breakout it is. Next target for Gold is $1,550

...continue reading

 

Gold’s bull market has just begun. Gold has tried to break the $1,350 level five times and was finally successful in breaking out. With an interim target at $1,900 an ounce, we continue to believe gold will hit $2,200 before the summer of 2020.

 
 Dramatic Break-Away-GAP for the GLD ETF  

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Friday, June 21, 2019 - Gold Soars To $1,393 In Asia!


Updated Sections: Gold - PF charts in all sections , Royalties, Majors, Juniors (partly),

Screen Shot 2019 06 20 at 1.14.59 PMGold Soars To $1393 In Asia.  During the late trading, yesterday gold broke a triple top (some called it the Maginot line) around $1357 - $ 1360, a point at which the price was normally successfully hammered down. The rise was very aggressive as ever seen over the last 20 years. No matter how anyone looks at it a breakout of a six-year base is occurring right now.  Gold is now up 3% from the last Crimex close. Been a LONG time since that's happened. Silver up, but lagging. It's almost like it's trading...... freely. Indeed the bums are in trouble. (B. Murphy)

You can by definition not express the value Gold in units of real estate, stocks, and bonds. Simply impossible. The fact is, that Gold is the only way to compare the value of Real Estate all over the world. Gold is the standard, not Real Estate. Not Stocks, not Bonds, etc...

  • 2 kg of Gold buys 1/4 house in Belgium/The Netherlands
  • 2 kg of Gold buys 1/2 house in Florida, USA
  • 2 kg of Gold buys one house in Panama
  • 2 kg of Gold buys one apartment in Spain
  • 2 kg of Gold buys 10 houses in Venezuela (probably 20 more)

Similar reasoning can be made for stocks (see the section of Stock Market Indexes expressed in Gold). Gold is the only instrument one can use to compare the many Stock Markets like Gold is the only way to compare the Currencies. Looking at the point & figures charts of GOLD on the site, it becomes rapidly obvious which currencies are the weakest and strongest ones. No doubt, GOLD is the only way to compare CURRENCIES.

Non-Subscribers probably missed this once-in-lifetime opportunity.

Important Fundamentals:

  • The biggest manias tend to have the biggest internal contradictions which everyone is conditioned to accept while the bubble is inflating but can identify as ridiculous after it pops. That is one of the most important tenets of crowd psychology to remember during the Third Psychological Perception Stage of a bull market; where bubble risk is most acute....continue reading

Important Technicals;

  • A lot of (bullish) BREAK-AWAY GAPS on the Bar charts of our Miners! - The chart below ...continue reading

...continue reading

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Thursday, June 20, 2019 - Is $-Gold breaking the Maginot Line !?


Updated Sections: ,

Screen Shot 2019 06 19 at 3.40.23 PMOnly IDIOTS, Masochists (and Governments) do this: Imagine you lend $100,000 to the Government over a period of 10 years and after 10 years, when you redeem the treasury bond, you actually cash LESS money than you initially lend. This is exactly what is happening today in Europe, Japan and soon also in the USA.

You don't have to be an Einstein to understand ONLY Governments (Central Banks) buy these Treasuries and negative yielding bonds...and that such will end in misery. 

You don't have to be an Einstein to understand ONLY Governments (Central Banks) buy these Treasuries and negative yielding bonds...and that such will end in misery.

Federal Reserve officials left rates unchanged at their June meeting but signaled that they were prepared to cut later this year. Central Banks sit between a rock and a hard plate and have NO option: it is either cut rates to ZERO and NEGATIVE or the Financial System might collapse.  We expect LOWER and NEGATIVE INTEREST RATES later this year and into next year.

negative interest 2019 06 19

The price of gold responded to the Fed decision and comments by surging above $1,360 and has continued to remain strong in active trading. The US dollar responded by breaking decisively below the 50 day moving average. This is also propelling the prices of gold and silver higher.

Important Fundamentals:

  • We expect the Greenback will shortly enter into ...
  • The S&P 500 is 1% from a record high as hopes the Federal Reserve .......continue reading

Important Technicals:

  •  Four charts tell more than 1000 words.
...continue reading
Dangerous bearish formation Dangerous bullish formation..breaking out?!
...continue reading  
Dangerously hovering around record levels Dangerously hovering around record levels

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Wednesday, June 19, 2019 - It is impossible to solve economic problems with monetary instruments!


Updated Sections: ,

laurel hardyIt simply is impossible to solve today's economic problems with monetary instruments and monetary policy. More than Six thousand years of monetary and economic history proof such is impossible. Those who pretend you can, are IDIOTS and those who invest according will simply end poor as Job did.

Unfortunately, there are still teachers, university professors, Central Bankers, and politicians who keep pretending such is possible and also a good solution.  Those people actually don't even know the correct definitions of INFLATION and DEFLATION. No wonder these people keep selling idiocies.

NEVER forget that Keynes was a PETTY GOVERNMENT employee and Trump is Keynes on steroids.

 

The illusion of “paper money prosperity” will disappear in the blink of an eye. This is also true for Cryptocurrencies.

Important Fundamentals:

  • People who hate gold obviously don’t understand its purpose nor the history of gold as the only money that has survived throughout the ages. The gold haters always use the same fallacious arguments, like you can’t eat gold. True, it is slightly harder to digest than paper money, which you can’t eat either. Gold haters, including lazy and tendentious journalists, ...continue reading

Important Technicals:

  • The COT figures can be dangerously MISLEADING. However, The surge in Commercial Shorts and Large Speculators long positions give the impression gold will be beaten back by the big resistance around xxxx again. But this time over, after a minor correction, it should break out.
  • If Gold does break the $1,380 level....continue reading

 

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Tuesday, June 18, 2019 -Negative interest rates is nothing more but the destruction of wealth!


Updated Sections: ,

Negative interest rates is nothing more but the destruction of wealth and you actually have to be a masochist-moron to do this. But aren't Politicians exactly narcissistic-masochist-morons!?. Everyone with 5 gram of brains and an IQ of 40 and higher sees that the EU and the USA are worse off now than they were before the 2008-09 crisis.

Negative interest rates not only take wealth away but on top, they take the potential away for the economy to recover and to get out of this economic crisis. (don't expect any university professor to teach this to his students) . Negative interest rates are amputation of the savings and pensions and take so the FUTURE demand away. Negative interest rates kill the profits of the banks. Negative interest rates make us all poorer. This also applies to the political morons who are behind the action.

One cannot capture Human Action with negative interest rates - Von Mises

Why public debt matters:

Important Fundamentals:

  • With a cashless society, it is easier to create Hyperinflation.  If and when hyperinflation happens, the collapse will be faster than the collapse of the Weimar hyperinflation because of digital money ...continue reading

Important Technicals:

  •  Next target for gold is above $1,600 and for silver $25 at least.
...continue reading

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Monday, June 17, 2019 -The U.S.A. will do "whatever" is required to keep the Crude Oil price at present levels and preferably higher!


Updated Sections: Gold - all short candles, Silver - all short candles,

oil tankers in hormuz
The U.S.A. will do "whatever" is required to keep the Crude Oil price at present levels and preferably higher!
This is a "deja vu" of Britain and its North Sea Oil. Most Snow Flakes won't even understand what I mean by this as they were still not roaming planet Earth at that time.  Maybe they must study some financial/economic history instead of chasing this Fools' Gold which they call cryptocurrencies.

The USA has a massive advantage in terms of its oil and gas production capacity. That is reshaping global geopolitics, it will have a meaningful effect on the balance of payments and it has already had a meaningful effect on the chemical industry because of reduced input costs. This only has a short term impact...but is what it is and delays somewhat the coming crash of the US-Dollar.

This 'happening' has probably been orchestrated by the CIA (read the Dulles Brothers). It has the footprint and the signature of the CIA.

The map to the left shows the TANKER TRAFFIC in the area. Any problem in the street of Hormuz can stop the bulk of the oil supply to the World. It is a well-known fact that 2 tankers can block navigation.


pension

The Japanese government stepped in to quickly solve the problem... by making the report disappear (that is how they do it).
This year’s ‘Annual Report on Ageing Society’ was a brutally honest assessment of Japan’s underfunded pension program. The report went on to tell people that they needed to save their own money for retirement because the pension fund wouldn’t be able to make ends meet. This terrified a lot of Japanese workers and pensioners. We have a similar problem in Europe...and low, and negative interest rates make it worse! Got Gold?

Expect the pension problem to get worse over the next 5 years. Inflation will eat away what is left of the pension funds...


Important Fundamentals:

Important Technicals:

Gold 2019 06 14 Silver 2019 06 14
Target is $ 1,480 Target is $16.20
   
  ...continue reading

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Friday, June 14, 2019 - World War III has begun?  2 tankers attacked in the Gulf of Oman.


Updated Sections: ,

World War III has begun?!. Oil Tankers keep being attached in the Gulf of Oman. The first attack (by the U.S. airforce) happened days ago...only now the STUPID mainstream Media starts to cover the happenings. The first time (June 3, 2019) it happened, we warned our Subscribers that more was to come. Those shorting the price of OIL have hereby been warned.

Screen Shot 2019 06 13 at 10.55.12 AM

Oil prices surged early on Thursday after two oil tankers were reported to have been hit by torpedoes and explosions in the Gulf of Oman between Iran and the United Arab Emirates (UAE), a month after a previous incident in Middle Eastern waters. 

The REAL reason behind the Brexit. Why Britain left the European Union.

Important Fundamentals:

  • Looking at the chart it is better to keep xxxx than xxxxxx, doesn't it?

...continue reading 

Important Technicals:

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Thursday, June 13, 2019 - Only idiots keep Gold & Silver at home or in a (bank)Vault within reach of Government!


Updated Sections: Silver Fundamentals ,

gold seizure

Only idiots keep the bulk of their Gold & Silver at home or in a (bank)Vault within Political reach.
After GreeceItaly proposes a tax on savings hidden in safety deposit boxes. MILAN (Reuters) - Italy’s government may tax cash and other valuables locked away in safety deposit boxes held with banks, Italian newspapers said on Wednesday, quoting Deputy Prime Minister Matteo Salvini.

Run while you can, for it is still not too late yet!

The dailies quoted Salvini as telling a late-night TV program on Tuesday that he had been advised that safety deposit boxes in Italy held assets worth hundreds of billions of euros. “Money that is substantially hidden,” he said, suggesting that deposit boxes were a way of hiding income and assets from the tax authorities. Those who voluntarily declared their deposit-box holdings would be taxed at a low rate of about 15 percent, he added. In Belgium and The Netherlands, similar proposals are made. Apart from Gold and silver, they think of WINE, ART,...anything with value.

Those who bought Gold & Silver and have no proof of purchase will be damned as, by simply selling their gold, they will be fined by the tax authorities. Maybe it's not too late to ship THE BULK of your metals to a safe-vault before Government taxes it away. We know where to and how!

 

Important Fundamentals:

Important Technicals:

   
   

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Wednesday, June 12, 2019 -
A great example of why a Plan B is so important!


Updated Sections: Silver (candle charts) ,

neg interest 2019 06 11This is LALA-LAND, CRAZY, STUPID....and this will come back with some REVENGE. Those who still don't get it, are SUPER-IDIOTS, Sicko's. After Japan, the EU & Denmark now also has started an era of negative interest rates. The mainstream media is keeping it quite because they are told so and also because the stupid journalists don't understand what is happening right under their eyes.

So you have to actually pay bankrupt governments money in order to lend to them. The central bank has obliged, pushing interest rates down to NEGATIVE levels. The current yield on the Japanese 10-year government bond is a big fat MINUS 0.12%.  The cost to hold large amounts of Euro's in your bank account is 0.60% per year.

Insurance must always be bought when you don’t need it. Afterward, it is too late. For investors who want to avoid the coming panic in financial markets, now is the time to buy protection in the form of physical gold and silver. This is probably the last chance to buy insurance which will not only give a guarantee of the return OF the capital but is also likely to give an extraordinary return ON the capital.

Whites are selling SA-assets  "en masse". The TURKISH LIRA is starting to look better than the SOUTH AFRICAN RAND...

The suicide of Europe.

Plan B logic is pretty simple:

  • If your government is completely bankrupt, you probably don’t want to hold the bulk of your assets there.
  • If your central bank keeps printing money into oblivion, you probably don’t want to keep your savings in that currency.
  • If your banks are loading up on negative-yielding government debt (or any other garbage investments), you probably don’t want to keep your money there.

Important Fundamentals:

  • a Wells Fargo gold analyst turned bearish at the worst possible moment – exactly one day ......continue reading
  • NEGATIVE interest rates are a SUPER-FUNDAMENTAL-BUY-SIGNAL for Gold & Silver. Authorities will continue to try to cap the price of Gold & Silver...however, someday 
  • South African Rand's woes are so bad, the Turkish lira is starting to look good

Important Technicals: 3-times is a charm

  • US dollar plunge to continue - even with negative interest rates in Japan and the EU. 
  • The long term up moves in the precious metals…...continue reading

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Tuesday, June 11, 2019 - Always be careful when it's too much and too fast
!


Updated Sections: Juniors (partly), 

Screen Shot 2019 06 10 at 12.26.50 PM

Central bankers are manipulating interest rates and hope that it will save the world, while we all know it will make the crash deeper and make it last for longer. Lead indicators for future problems are flashing orange. If the Fed were to persist in its policy of continuing to raise rates and reducing the size of the balance sheet it would contribute to recession risk. On the other hand, lower rates and more money supply will also result in even bigger problems. This is what we call a LOSS-LOSS situation.

Central Banks Manipulating interest rates is like a child playing with matches in a powder room...all goes well until something goes wrong. And when it goes wrong, hell breaks loose. Those who have some knowledge of Economics (and few have), know that the consequences of this kind of game is lethal. 

Important Fundamentals:

  • Gold and Silver are also investment vehicles offering outstanding FISCAL protection.
  • ETF Holdings of Gold represent a significant source of demand for gold as an investible asset class. ...continue reading
  • The quantity of capital now held by private equity groups in anticipation of a buying opportunity stands at $3 trillion....continue reading 

Important Technicals:

  • Important, is that we hit the TARGET of the bullish wedge pattern for Gold. A pullback or some consolidation will be required before we see higher.
  • While impressive in its blunt force trauma, the bullish blast we had for the gold & silver sector last week, ...continue reading

  • Even with gold expected to move higher in the medium-term, in the short run, we should see the normal up-and-down gyrations in-between. In other words, the move up ...continue reading

 

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Monday, June 10, 2019 - Gold & Silver wake up as markets understand we shall have two rate cuts before the end of this year
!


Updated Sections: Kr-Gold & Kr/$/€, Swiss-Gold & Swiss/$/€, £-Gold & £/€/$, 
Yuan-Gold & Yuan/$/€, Rupee-Gold , Royalties , Majors,

If elections would change anything, they would be abolished (like Referendums are). This is an "Extremely" interesting video (in French) as it explains HOW the media & the "lower ranked political Herd" are played by the High-Ranked-Politicians (the career politicians).  It is an eye-opener for those who think that the times of Kings and Queens have been replaced by a so said democratic system. NOTHING has changed but definitions and the fact that today's leaders are dressed differently.  The video also explains why the Yellow Jackets won't bring any changes (and won't survive) just like Political parties labeled by the Media as Populist and/or Extreme Right will never be part of Government.  Because of the process explained in the video, NOTHING will change in Europe and the situation will degrade further.

The Western world lives "the standard Venezuelan pattern" where the Middle and Lower Classes pay for the DEBT which has been accumulated over the past years (and still is accumulated) by Kings, Emperors, Presidents, all Career-Politicians. Governments Got Shackled by Debt. The less money and more debt there is, the better the 'LEGAL THEFT" will be organized.  As usual, this will chase the best entrepreneurs away and the Multi-Nationals will relocate their production units to less greedy parts of Planet Earth.

Montesquieu's separation of powers is a utopia and those who control the money, the banks, the media, the police forces, and the education system also control the people.

The Authorities are so sweet, aren't they!? After European Authorities made it compulsory to declare/file the ultimate beneficial owners of corporations (UBO) and any bank account(s) held abroad (CRS) by civilians. The Belgian Tax Authorities already openly declared that those with such accounts and interest will receive extra attention and will be pampered by the Tax Authorities. In the next step, they will demand that all citizens declare all belongings they keep in Bank & Personal safes (compulsory in Greece).  In Sweden, one can only open and have a foreign bank account after PERMISSION has been granted by the tax authorities.

The only thing they want is your money and because of the expensive EU, the aging population, the growing immigration, and the recession, they need a lot more each and every day...

Important Fundamentals:

  • The Japanese Illusion: low & negative interest rates won't save the system. Everyone who keeps $100,000 in a saving account, or as a bank deposit is 100% sure to lose $4,000 each year...this will get worse as soon as we have negative interest rates. Everyone who keeps $100,000 in a Treasury bond is 100% sure that his money won't yield and that he/she will lose BIG as soon as the system starts to collapse.

  • Central Banks have little room for interest rate cuts and before the end of this year, we may ...continue reading

Important Technicals:

  • Gold & Silver miners ...continue reading
  • The Gold/Silver ratio is at rather extreme but not the most extreme levels seen historically. Silver is a poor man’s gold.

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Friday, June 7, 2019 - As the Rich get Richer, the Poor get Richer & democracy always end in a LEFT suicide of society!


Updated Sections: $-Gold, Silver, US-Dollar, €-Gold & €/$, Aussie-Gold & Aussie/$/€, 
R-Gold & R/$/€, Kr-Gold

Social Democrats can - by definition  - not exist.  As the Rich get Richer, the Poor get Richer.  Democracy however always ends in a LEFT suicide of the society!  In Denmark, the LEFT (they call it Social Democrats) have won the elections. As all politically correct people expect, a WOMAN (not because she will be a good president, but because she is a woman) has become president of a country being invaded by Muslims. Denmark is now one step closer to a Danish collective suicide...

Venezuela  (after World War II one of the richest countries on planet earth) is a modern example of what happens to countries who think Democracy is the dream to pursue (like many believe).

With some luck, Europe has 5, max 10 years to go. During the coming years, the currencies (Euro) will be further eroded (inflation) and taxation will continue to rise. Especially the RICH will be targeted. In the end, RICH and POOR will end being very poor (like now is the case in South Africa).

For the average Investor, the next bear market will likely be the last. Whether this bear market will start NOW or whether we will still see an EXPONENTIAL BUY CLIMAX, is not sure. But only the average investor is picking up Nickels in front of a Steamroller.

Low-interest rates are not here to stay. Rates will rise sharply once the dollar breaks down and inflation breaks out. Higher interest rates, however, will not be able to stop the Dollar crashing, the Stock Market crashing and Gold & Silver soaring. Those holding Euro's should be re-assured as the same scenario will unfold in Europe.

Important Fundamentals:

  • The Precious Metals sector has broken strongly higher in recent days, with ......continue reading
  • SA mining is facing catastrophe. Firstly, when a miner loses his job, it affects about ten dependents. There’s also a downstream impact with about 1.7 jobs being lost in the contractor and support services sectors for each permanent mining job that’s lost......continue reading

Important Technicals:

  • Dollar......continue reading
  • Gold’s rounding base formation characteristic ......continue reading
  • Aussie-Gold is breaking an ALL-TIME-HIGH!
  • Rand-Gold is breaking an ALL-TIME-HIGH!
  • Swedish-Krona-Gold is breaking an ALL-TIME-HIGH!
  •  see charts..(click to enlarge)
...continue reading  
a Breakout out of the Saucer will result in fireworks. Extremely positive is the HUGE volume...
   
Silver has broken out with a Huge Volume  Our indicator also calls the breakout of the Gold sector.

 

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Thursday, June 5, 2019 - Incompetent, politically controlled Central bankers make me sick!


Updated Sections: , ,

Incompetent, politically controlled central bankers make me throw up.  In 2008 we had a market crash and a severe financial/economic crisis because of TOO MUCH DEBT & TOO LOW-INTEREST RATES. One would think the Central Bankers have learned out of their mistakes...but guess what, the Central Bankers continue to apply for the same medicine...

Powell openly stated that interest rates close to zero have become the preeminent monetary policy of our time. Banks openly admit that they will print money and keep interest rates low (and negative) rather than allowing the free market economies to adjust, they prefer to create more dangerous BUBBLES. Powell also indicated that rates would be cut TWICE in 2019...GOT GOLD???

Important Fundamentals:

  • Saving Accounts break historic records. For some dark reason, I will probably NEVER understand 99% of the investors keep using an incorrect investment pattern. They too have not learned out of the 2008-09 crisis and will, therefore -over the coming years - lose most of their savings.
  • Maximum about ½ % of all savers have PHYSICAL Gold and/or Silver and even worse is that as Gold & Silver are breaking out, they continue to accumulate PAPER GOLD and PAPER SILVER and/or Miners. By doing this, they prove to themselves that they have ZERO understanding of what is happening today and that they have no clue of the looming dangers....continue reading

Important Technicals:

...continue reading  
   

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Wednesday, June 4, 2019 - What about $1,900 gold by the end of this year and $4,000 gold by the end of 2020?


Updated Sections: Gold targets, ,

QE money printing

Soon Central Banks will have no option but to launch another QE and will so start Hyperinflation. The resulting bull run of Gold and Silver will signal the end of the fiat paper system and this will RUIN A LOT OF PEOPLE. We are heading for a replay of the 1929 Stock markets crash...and therefore it is best to be on the SAFE SIDE NOW and move out of stocks and paper money NOW and store your wealth in PHYSICAL GOLD & SILVER before an accident occurs.  Be advised that Real Estate WILL NOT be safe.

The safest way to store savings used to be TREASURY BONDS....today it has become the most DANGEROUS way of storing wealth.

We may experience the "Big Crash of the 21st Century" as soon as the end of this year (2019). If you are aware that this is coming, and you do nothing, you probably don't deserve your savings. Especially after being told that we may well see new record prices for Gold and Silver BEFORE the end of this year (2019).

Important Fundamentals:

  • Once the US-dollar resumes its downward path, - and we think this will start to ...continue reading
  • The safest way to store savings used to be TREASURY BONDS....today it has become the most DANGEROUS way of storing wealth....continue reading

Important Technicals:

  •  Expect a small pullback before Gold & Silver resume their uptrend.
  • So as Velocity goes, so goes Inflation and so goes Gold.
velocity 2019 05 25  
Once Velocity picks up, inflation sits around the corner. ...continue reading
   
   

 

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Tuesday, June 4, 2019 - Will Extended gold megabase prompt an incredible rally?


Updated Sections: Gold: short candles in most sections, World Stock Market Indexes,

Screen Shot 2019 06 03 at 9.49.23 AM
So how do I see what the value of something truly is?
How do I see past the lie of the dollar, the Euro, the Yen, the Pound? Answer: You must stop measuring value with the dollar, the Euro, the Yen, the Pound. The dollar, Euro, Yen, Pound can’t tell you what true value is because it can’t tell the truth. These currencies are “lying liars.”

The REAL VALUE of a house, of a share, of a bond, can only be measured when expressed against the MONEY of the MONEY or against Gold. Everything else is a lie. For centuries only Gold has been a correct international standard unit allowing to measure and express the value of everything on Planet Earth.

People always ask, “How high will gold go?” The answer they are expecting from me is a price in dollars. Stop thinking that way! It’s not

People always ask, “How high will gold go?” The answer they are expecting from me is a price in dollars. Stop thinking that way! It’s not. If I said, “Gold is going to a million dollars an ounce,” most people would say, “Great!”, and run out and buy as much gold as they could. But then if I said, “But a cup of coffee is going to cost a billion,” then they’d say, “Let’s see . . . that means coffee cost a thousand ounces of gold a cup. That’s not so great.” Under those conditions, people would sell all their gold while it was still worth something, and not wait until it went up to a million dollars an ounce and effectively worth nothing.

By way of example, let me ask you this: What’s the value of your house? You probably know the price, but what’s the value? Here’s how to find out. Most people know what other homes are selling for in their neighborhood, so just make a guesstimate of the price of your house. Then divide the price of the house by the current points of the Dow and you’ll know how many shares of the Dow your house is worth. Now take the price of your house and divide it by the price of gold and you’ll know how many ounces of gold your house is worth. Measured in currency, things appear to go up in value, but they’re only going up in price.

Important Fundamentals:

Important Technicals:

  • The extended gold megabase could prompt an incredible rally and we may see $1,900 gold before the end of 2019.
  • Short candles in most Gold sections have been updated and the breakout (of an accumulation pattern) is clearly visible. However, we still must see a follow through.....continue reading

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Monday, June 3, 2019 - Banking issues slowly creeping into public view.


Updated Sections: $-Gold , €-Gold & €/$ , World Stock Market Indexes (partly)

deteriorating economyThe global and national economies are deteriorating. From Emerging markets to developed nations, equity markets are falling and the great corporate stock buy-back trend that dramatically boosted the U.S. stock markets is now slowing as corporations are buying back less of their stocks.As evidenced by recent data, U.S. durable goods orders and capital spending have declined. A recent IHS Markit survey revealed a “notable slowdown” in the services sector while manufacturing fell to a 9-year low in May.

On the retail front, sales dropped for the second time in three months, sliding 0.2 percent from the previous month in April. On the home buying front, despite mortgage rates declining, existing home sales posted their 14th straight month of annual declines in April.

A lot of people are buying Bitcoin. They call it the New Gold!...and they think Bitcoin will go to the Moon. This is a BEAR MARKET RALLY. Bitcoin has a lingering problem that few people are talking about amid the renewed exuberance of the recent price surge. Hardly anyone is using the world’s largest cryptocurrency for anything beyond speculation. Data from New York-based blockchain researcher Chainalysis Inc. show that only 1.3% of economic transactions came from merchants in the first four months of 2019, little changed over the boom and bust cycles of the prior two years. Bitcoins and Crypto-currencies will NEVER BE USED AS MONEY! (except some exceptions).

 We told our Subscribers: Bel20 (Belgium Stock Market) worst performance in a decade!...and you know what, it ain't over yet! - see subscriber's section.

Common trading currency for East Asia that, unlike the euro, would be pegged to gold. Today, the Malaysian Prime Minister Mahathir Mohamad took one large step in that direction when he proposed the launch of an Asian version of the euro: a common trading currency for East Asia that, unlike the euro, would be pegged to gold, describing the existing currency trading in the region as manipulative (perhaps in reference to China's currency setting framework). According to the Malaysian PM, the proposed common currency could be used to settle imports and exports, but would not be used for domestic transactions.

Important Fundamentals:

  • Something bad is brewing in the Middle-East!..and it is not covered by the mainstream media. US Forces Blow Up Three Oil Tankers In Syria Enforcing Oil Embargo...
  • Only 10% Of US Shale Drillers Have A Positive Cash Flow...continue reading
  • Certainly, most are aware of Deutsche Bank’s $50 trillion derivative exposure and the roughly $6.40 share price target that people say could trigger a panic. Currently, DB is trading $6.88. Central Banks won't allow DB to default. Instead, they will ...continue reading
  • The Bond market is telling us we shall have a recession. With the 10-year Treasury note yield falling to 2.26 percent on Wednesday while the 3-month bill yielded 2.36 percent, the yield curve inversion is seen as a warning sign by Wall Street of a recession on the horizon considering that an inverted yield curve preceded every recession since 1975.
  • Inflation will RISE during the coming recession.

...continue reading

Important Technicals:

  • The next stock market selloff starts NOW, but not everything sells off. Gold, Silver, and miners are going to spike higher. The month of July could even be worse......continue reading
  • We have clear signs that inflation is gonna rise way higher than most Central Bankers expect it will.
  • Now is the time to buy Gold and Gold Stocks.

...continue reading

  • Belgium Stock Market experiences worst week in a decade. We WARNED our Subscribers this would happen. As a matter of fact, our PF-chart of the BEDOW (see below) is a schoolbook example of technical analysis.  There could be one way to get out and cut losses: sell all your Belgian shares and invest the funds into the Gold & Silver sector. DO IT NOW!
<-- BEDOW (Belgian Stock Market Index): distinct TOP-distribution formation. .Breakdown (Stop Loss) ...Pull Back (Backtest) and now DOWN again...
...continue reading  
Our Miners index shows a BUY signal! Break-away GAP is extremely Bullish for Gold
Subzero debt 2019 05 31 <---Central Banks are playing a deadly, extremely dangerous game by buying all of the subzero debt..

 

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