31
May
2019

MAY 2019

"WIR SCHAFFEN DASS" destroyed Europe in a couple of years only!

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

Friday May 31, 2019 - Central Banks (and some banks) are buying gold like there is no tomorrow!  What about you?


Updated Sections: ,

sinking japan

 

The Japanese Yen attracts Safe Haven Buying...sometimes one doesn't believe his eyes ...certainly not when this kind of BS is being sold. The fact that gold expressed in yen has more than quadrupled since the turn of this century , proofs the Yen is not worth a lot...The decline of the yen is telling us that the faith in central banks, monetary authorities , and governments around the globe has severely declined as the trend of gold in all currency terms is higher.

 Do we expect a crash?? So as the yen goes, so goes gold. The yen often acts as a safe haven for capital during periods of increased market volatility, like now...

The Japanese economy is in a steady decline and the Japanese people are growing old – the population is aging rapidly – we have fewer Japanese to support the elderly. Negative interest rates and the fact that the Bank of Japan has bought 90% of the Japanese stocks and continues to do so, doesn't bring relief. On the contrary, it will make the coming crash harder and deeper.

If there is too much debt, Central Banks print more money, manipulate interest rates down and increase taxation. Like is done in other countries, Japan plans to increase the sales tax from 8% to 10% (as a 1st step) in an effort to pay down debt and fund social problems (an impossible task – Jim's formula).

Important Fundamentals:

  • New corporate offerings have jumped to the highest level in years. This includes big initial public offerings like Uber and Lyft, as well as secondary offerings from companies such as Tesla. Based on that, “maybe even the corporate crowd is starting to feel stocks are overdone,”

Corporate debt 2019 05 18

  • Central Banks (and some banks) are buying gold like there is no tomorrow!  What about you?....do you really think Bitcoins and Bonds will save you?

gold acc. Russia China 2019 05 23

Important Technicals:

  •  So as the Miners and so as the Yen goes, so goes Gold.
continue reading  
   

     © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Thursday May 30, 2019 - Gold can look back on a successful six-thousand-year history as sound money.



turtleUpdated Sections: ,

Be ever vigilant and not fall asleep at the wheel, thinking the Fed and Central Banks will ALWAYS have your back. Even they have their limitations. Be advised, although markets can be manipulated, they eventually succumb to the laws of physics. I say physics in lieu of economics, as the former has become nothing more than alchemy in modern times; a charlatan’s game.

Trust is the basic value of interpersonal cooperation and the cement of our social order. The erosion of our “trust capital” can be observed in many areas of society. The breakdown of trust in the international monetary order is manifesting itself in the highest gold purchases by central banks since 1971 and the ongoing trend to repatriate gold reserves.

Gold reaffirmed its portfolio position as a good diversifier as trust in the “Everything Bubble” was tested in Q4/2018. While equity markets suffered doubledigit percentage losses, gold gained 8.1% and gold mining stocks 13.7%. The normalization of monetary policy was abruptly halted by the stock market slump in Q4/2018.

The “monetary U-turn” that we already forecasted last year has begun. Recession risks are significantly higher than discounted by the market. In the event of a downturn, negative interest rates, a new round of QE, and the implementation of even more extreme monetary policy ideas are to be expected.

When it comes to trust in investments, our vote is clear. Trust looks to the future, forms itself in the present, and feeds itself from the past. Gold can look back on a successful six-thousand-year history as sound money.

One of the clearest arguments for owning gold in the aftermath of the credit crisis were the negative interest rates that prevailed which made gold alluring by comparison. With similar conditions arising now, the big question many people are asking is why gold hasn’t done better? The strength of the US Dollar has muted the advancing price of Gold by our estimates of 2x to 2.5x the strength of the US Dollar. Over the past 12 months, the US Dollar rallied from 89.42 (April 2018) to 97.92 (May 2019: current price). This reflects a 9.60% increase in the value of the US Dollar. The price of Gold should have rallied by about 18% to 26% from the April 2018 levels IF the US Dollar had not appreciated in value as it has. Therefore, the true price of Gold should be somewhere near $1600 (18% above April 2018 levels) to $1700 (26% above April 2018 levels) if we attempted to eliminate the “reversion effect” of the US Dollar strength.

Important Fundamentals:

  • xxxx and xxxxx weaker and xxxxxxx higher point to more recession and more inflation (inflationary recession)... continue reading

Important Technicals:

    © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Wednesday May 29, 2019 - We were seeing dangerous points of euphoria throughout the market.!


Updated Sections: Crude Oil, Coal-Solar & Rare Elements , Agriculturals, 
Copper, Platinum & Non-Ferro's,

This is no longer the time to hold Gold-Trusts, Gold-Money, Gold-Futures but you must hold PHYSICAL GOLD & SILVER in your own personal vault, out of political reach. If you are not prepared to invest this way in Gold & Silver, you may as well stay in Equities, Real Estate and Cryptocurrencies.

We were seeing dangerous points of euphoria throughout the market. Financial markets never collapse when things look bad. In fact, quite the contrary is true. Before contractions begin, macroeconomic flows always look fine. That is why the vast majority of economists always proclaim the economy to be in excellent health just before it swoons.

Today, Capital controls become much easier to comprehensively enforce, while their impact is multiplied. These measures were already proven catastrophic in Greece, where citizens had to live for over 3 years with an ATM withdrawal limit of EUR 60 a day and draconian restrictions on payments abroad. Businesses were put under immense pressure, unable to pay their international suppliers without special permission, while elderly citizens formed endless lines in front of ATMs to receive their pensions in the allowed increments and many struggled to pay for their daily needs.

Important Fundamentals:

  • S&P downgraded xxxxx (xxx) by one notch to A+. It also gave xxxxxx (xxx) a Negative outlook, down from Stable. Both oilfield service companies are being negatively impacted by the slowdown in drilling activity in North America. [both shares did fall in Stop Loss weeks ago and you should already have sold these]...continue reading

Important Technicals:

    © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Tuesday May 28, 2019 - The quality of political debate that reaches the average citizen is particularly poor!


Updated Sections:  , 

The spectacular score of the Flemish-national parties Vlaams Belang and N-VA completes the disruption of the Belgian political system. These are the election results of two completely different countries. Governing both regions (Vlaanderen & Wallonia) in one federal state becomes more than ever an impossible task!

In 2003, three parties dominated Flemish politics: Christian Democrats, Socialists and Liberals together accounted for nearly 70 percent of the votes. Today, that percentage has halved and dropped to a historic low of 36 percent. The classical parties have been loosing votes at a staggering pace in the last 15 years.

With the spectacular score of the Flemish-national parties, the disruption of the Belgian political system is complete. The Flemish and French-speaking party systems are miles apart. Ecolo (Green) records an expected monster profit in Brussels and Wallonia. But in Flanders, Groen (Green) has little or no votes. The two parties that represent almost half of the voters in Flanders (NV-A and VB) have no ideological counterpart in French-speaking Belgium.

The quality of political debate that reaches the average citizen is particularly poor, as most arguments are emotional and largely lack any kind of rational or factual basis. People are still voting with their EMOTION rather than with REASONING and politicians know this all to good.

The Netherlands is champion of price increases in Europe, especially in terms of food and energy. And that is only due to tax increases. The Dutch government takes good care of itself, but less well of its citizens. Under the Rutte-Drie cabinet, the purchasing power is falling because food prices and energy bills are rising faster than wages are. The tax burden has risen to a record high under Rutte-Drie, resulting in budget surpluses and a rapidly falling government debt. But in the meantime, the economy is collapsing again.

 

Worldwide Effort To Restrict Everyone’s Right To Travel Is Close To A Reality. According to a recently published white paper there is a worldwide effort to restrict the right to travel of everyone. And you will not believe how the U.N. is involved. A recent article at PapersPlease.org warns that the Organization for Security and Co-operation in Europe (OSCE) wants to check every airline passenger’s background and send airlines an “Authority to Carry” before a passenger is allowed to board a plane.

API

  • An iAPI system allows for a two-way communication in near real-time. The airlines transmit the API message on a per-person basis to the requesting authorities at the time of check-in, while law enforcement agencies have the opportunity to decide whether a certain person is allowed or not to board a plane by issuing a board/no-board message.
  • The work of the OSCE spans the globe, encompassing three continents – North America, Europe and Asia – and more than a billion people.continue reading

Important Fundamentals:

  • The Terrifying Truth About Negative Interest Rates . Pushing interest rates below zero is both an act of desperation and something that in theory should have a huge, immediate impact of the behavior of borrowers and savers. The fact that negative rates have become the new normal in big parts of the world but haven't caused the expected behavior change should scare the hell out of everyone.
  • The USA now sits in the same privileged situation as Britain years ago when the Britons were benefiting from the North Sea Oil exports. During those years, continue reading

Important Technicals:

  • The price of gold in Australia is attacking all-time high. The secular uptrend of Gold is pretty clear. Those who put their trust into the Australian Dollar have been losing money for over 50 years.
  • Gold expressed in Canadian Dollars is also at an all time high and has almost completed a coil. continue reading

    © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Monday May 27, 2019 - The Gold & Silver sector, the miners...a SCREAMING BUY?


Updated Sections: Royalties, Majors, Miners versus Gold & SP500 , Juniors,
Recession Proof, Recession Proof (Hold), Bio-Pharma, Oil Shares, Uranium shares, Banks

 memorial day offer

    © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Friday, May 24, 2019 - Get the F#!$ of the EU...NOW!


Updated Sections: ,

There’s no need to wait for the results of the election to anticipate some of the major features of the new Europe that will be established after June 2019. There will be no revolution: The sovereign right-wing parties won’t accumulate more than 20 or 30% maximum of parliamentary seats (around 170) and the trans-European parties won’t make any world-shattering entries either. Hence the big alliances of national parties will still dominate the European Hemicycle. AND this means MORE LEFT,  MORE TAXATION, MORE LEGISLATION, and MORE IMMIGRANTS.

Everyone with some brains will tell you to GET OUT OF the EU NOW! - It takes only TWO generations to destroy countries like Zimbabwe, South-Africa, Argentina, Venezuela...Few realize in Europe - and in particular the EU - the 2nd generation is now at work.

Note: Venezuelans who left their country the past year and - for some stupid reason - decide to go back, are arrested, put in jail and/or killed! As a Venezuelan, you know that you lose your properties (read Homestead) as soon as you leave the country. The Venezuelans - who over the past years - used their children, parents, friends, and family as an "EXCUSE" for not leaving, are now severely punished by their own leaders.

o

Note: Frans Timmermans  (PvdA) & Euro-lovers won the elections in the Netherlands and are setting the Trend....just like predicted in the video above.

Important Fundamentals:

  • The odds that Germany and the ECB will allow DEUTSCHE BANK to go bankrupt is ZERO. The bank will be saved through Fiat money creation, Bail-In, Bail-Out,...anything legal and illegal will be used. Believe me, Authorities and Central Banks are properly prepared to tackle this painful event...continue reading

Important Technicals:

  •  see charts below (click to enlarge)
Corporate debt 2019 05 18 revolution now 2019 05 21
 Just imagine what will happen once interest rates eventually rise again... Financial problems always end up in Revolutions, Civil War, War.
continue reading  
 A correction/Crash between today and yearend? ...is what the reversed yield curve points to.

 

   © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Thursday, May 23, 2019 - Russia now only needs a $2,000 Gold price to back the Ruble!


Updated Sections: World Stock Market Indexes , World Stock Market in Real Money(Gold) , 
Long Term Stock market Indexes ,

putin 2000 gold Gold is a currency, without any counterparty risk, that's accepted all over the world.  The fact that bankers all over the world have been net buyers of Gold every year since 2010, proofs that even the Bankers and Central Bankers are aware of this.

Bankers and Central Bankers are buying gold because by doing this, they are seeking to reduce their risk, to hedge against their own monetary policies and protest their country's fiat currency against inflation and geopolitical uncertainty.

Gold is the currency of last resort and 99.5% of the people HAVE NO GOLD! Gold and Silver are excellent instruments to store purchasing power during times of crisis so they can be used to invest in REAL OPPORTUNITIES when the Herd panics.

 

Important Fundamentals:

Important Technicals:

  • I expect that the Dollar will ...continue reading
  • Note it doesn't make sense to invest in a stock market (Johannesburg-SA) when the Currency (South-African Rand) is crashing...continue reading
continue reading ZADOW pf1

   © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Tuesday, May 21, 2019 -   Here comes QE on steroids (see video)!


Updated Sections: , , , 

Madrid SpainA surge in Migrant Crime in Spain. "We have tasers, but they are stored in a closet because of political cowardice." Municipal Police of Bilbao.

  • In Madrid, an elderly couple returning home from vacation discovered that their apartment had been "occupied" by African migrants. When a camera crew from the Madrid television channel Telecinco went to investigate, the migrants destroyed the camera... Spain's notoriously lethargic justice system now rules on who is the apartment's rightful owner.
  • The Madrid city council, run by Mayor Manuela Carmena, in a case study of political correctness run amok, ordered police to keep out of the neighborhood of Lavapiés. The result is that illegal immigrants, far from facing the threat of deportation, are now secure in the knowledge that their violent actions have empowered them effectively to take control of an entire neighborhood of a major European capital
  • Those who buy Real Estate in Spain don't seem to realize that Succession Taxes on Real Estate are as high as 30% (even for the spouse when her husband passes away). When one adds all other Real Estate taxes, in 2-3 generations time the equivalent of the purchase price of an apartment or house is paid to the Spanish Hacienda.

France now has Yellow Jackets AND Black Jackets: Hundreds of illegal immigrants occupy Paris airport About five hundred illegal immigrants occupy part of Paris-Charles de Gaulle airport on Sunday. The immigrants demand that the French airport stop any form of deportation support. The group also asked for a meeting with Prime Minister Édouard Philippe to discuss immigration policy.

  • France does not belong to the French! Everyone has a right to be here!” one person can be heard yelling into a loudspeaker. The protest was organized by the migrant support group “La Chapelle Debout,” which said their members call themselves “Black Vests.”  Many French have wisely emigrated to other countries (Switzerland, Russia,...) while many others are planning to emigrate to Panama.

Here comes QE on steroids. Join Mike Maloney as he explains the Fed's latest plan to manipulate and distort the markets, and what the results are likely to be.

Important Fundamentals:

  • The strong US dollar has continued to put pressure on the gold market...continue reading

Important Technicals:

  • Gold in a position to turn up against major currencies.
  • Bearish technicals for the SP500. The SP500 index declined in a...continue reading

   © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Tuesday, May 21, 2019 -   U.S. Stocks continue to weaken!


Updated Sections: Kr-Gold & Kr/$/€, Yuan-Gold & Yuan/$/€, Rupee-Gold & Rupee/$/€, 

World Stock Markets continue to weaken as Trade War and other fundamentals continue to weigh on global markets. Even before the latest round of trade escalation, global trade had tumbled to levels last seen during the financial crisis depression. One can only wonder what happens to global trade after the latest escalation in the US-China trade war...There is little doubt in my mind that sooner or later this will (as we explained weeks ago) push Markets into a strong correction.

world trade 2000 2019

SOCIALISM (Red, Green) kills the strongest and best horses. Venezuela is an excellent example as it shows how fast a country can fall back into misery. Even when the country sits on a fortune worth of Oil and Minerals.  The drama and danger is that Countries, as a rule, always tend to fall into Socialism and Communism when Society deteriorates...NOTHING comes for free!  On this planet there is nothing like a free meal and those who pretend so, are SNAKE OIL MERCHANTS trying to mislead the people.

continue reading

Important Fundamentals & Important Technicals:

  • Interesting video: and YES, one MUST BUY during times of crisis and this also applies to the Stock Markets; and YES, Gold & Silver are what we define as NEAR-CASH or quickly accessible "purchasing power"...

continue reading

The next BIG MARKET CORRECTION must be used TO BUY SHARES: at that time, one must sell part of one's Gold & Silver holdings and use the cash to invest into Stocks!

   © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Monday, May 20, 2019 -   Soon Free Movement of Capital will be impossible!


Updated Sections: Investment Pyramid, Aussie-Gold & Aussie/$/€, Swiss-Gold & Swiss/$/€, 
Can$-Gold & Can$/$/€, ¥-Gold & ¥/$/€ , £-Gold & £/$/€, Zar-Gold & Zar/$/€ ,

Screen Shot 2019 05 19 at 7.00.10 AMSoon free movement of Capital will be impossible. Everything valuable will be locked up in Bank Accounts within the National Borders of countries.  Any transfer will require the authorization of some national or supra-national entity (for example, the ECB,...).  Your deposits and savings will be either withing political control or out of reach. Bringing back capital and funds into the controlled zone will always be possible...taking it out impossible.

The most persistent myth in the world has got to be that banks are a safe place to keep your money. If they aren’t outright screwing you, they are risking your money on terrible investments, and not giving you any of the return. As soon as we enter an era of negative nominal and negative real interest rates, the loss will become systematic and the level of the theft controlled by the level of negative real interest rates. 

The organizations meant to ride to the rescue of Banks -- the FDIC, the Federal Reserve, the National Banks, Central Banks, and the US government-- are all practically bankrupt.

Gold and Silver don't buy food, but they will always allow you to buy food. You still need to keep purchasing power somewhere though, especially today when essentially all asset classes are at all-time highs. The easiest and safest way is to keep Gold and Silver Coins at hand. You will always be able to either barter these for goods and services (food) or sell the coins so you can buy food at all times. 

Note: 

  • Only decades ago, there was no free movement of capital in Europe (for example Belgium). One had to receive the ok of the Government (or a Supra-national regulator) before an international transfer could be made and on top, one had to pay a premium for the foreign currency.  South Africans can only export so many funds and the reserve bank will only make the transfer "after" you receive the OK of the Tax Authorities. 
  • Another effective way to control capital movements is to have an exchange rate for commercial transactions (imports of goods) and a different exchange rate for capital transfers.  The premium between both fluctuates in function of the amount of capital fleeing the national boundaries.
  • In Italy, the Export of Gold and Jewelry is extremely regulated.
  • In Canada, only professionals are allowed to export Gold.
  • Capital controls were introduced in Greece in June 2015, when Greece's government came to the end of its bailout extension period without having come to an agreement on a further extension with its creditors and the European Central Bank decided not to further increase the level of its Emergency Liquidity Assistance for Greek banks.

Important Fundamentals:

  • Auto loan delinquencies are approaching peak levels we saw during the great recession.
  • Student loan delinquencies are rising to dangerously high levels. (In the USA the Student loans can never be forgiven!). continue reading

Important Technicals:

  • The Eye of a storm? We have dangerous sleeping markets for Gold, Silver, the US-Dollar and other currencies...  continue reading

   © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Friday, May 17, 2019 - central banks have been and are buying a LOT more gold


Updated Sections: ,

The US-Dollar is in a lot of trouble...

And Central Banks have been and are buying a LOT more gold. 95% of the people have NO GOLD and NO SILVER and only 2.5% of the people have Gold & Silver OUTSIDE the banking system.

THE CURRENT MONETARY ORDER IS NEARING ITS END.

Given the massive intervention and monetary manipulation experiment by central banks over the last decade, the amount of distortions created in the market, as well as the record debt accumulation at all levels of the economy, is so high that it has become a considerable risk for investors.

Most investors don't realize that gold is one of the world’s most liquid currencies and assets, trading with volumes equivalent to those of the euro or U.S. Treasury bond benchmarks. 

Although similar in philosophy, gold blows Bitcoin away on any measure by which the two can be compared...Perhaps now is finally the time for investors to benefit from a 'life preserver' while others enjoy the card game on the decks of the central bank-piloted Titanic."

Important Fundamentals:

  • Only smart investors are recognizing the 2019 market overvaluation. Only very smart investors are recognizing today's market patterns (we have for both the Stock Market Indexes and US-Dollar). I suspect we shall have a MARKET CRASH sometime between today and the end of the year. When the crash happens, the FED will have no alternative but to LOWER INTEREST RATES and PRINT MONEY. As a consequence, the Crash will result and come with a WEAKER (and maybe crashing) US-Dollar.
  • The prospects of seeing gold mining shares... continue reading

Important Technicals:

   © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Thursday, May 16, 2019 - The Cinderella Story will end soon!


Updated Sections: ,

cinderellaThe Cinderella Story will End soon. There are ominous signs that dangers lie ahead for today's Cinderella story, which has worked for investors lately but will not last forever. For one thing, all of the existing strategies have become increasingly correlated, and have benefited from once-in-a-lifetime interest rate reductions. Global debt levels are at record levels and can no longer be serviced by the productive engines of the economy and normal tax levels. Many pensions and entitlement programs are past the point of broken, and government deficits are out of control.

There is no doubt that the combination of the increasing polarization of classes and politics will drive governments globally to adapt populist-leaning policies (i.e. increase taxation of the rich - Operation Gutt or Bail-Ins). It is clear that these policies will require financing through massive deficits and direct currency printing. While inflation, as calculated by the misleading CPI measure, is currently seen as low, there is simply no doubt that even the cooked inflation figures will fly up and away.

What will happen once investors realize that Treasuries, Saving Accounts and Bank Deposits bring nothing but losses; once they see Real Estate starts to crash because there is simply no money available to buy any at these historic high prices, once they realize that Equities as a whole are super-over-priced and they can no longer trust the financial system with their savings and assets!? At that point, they will do what everyone will start to do: buy Gold and Silver.

Note: and please forget Bitcoin...God may have changed water in wine, but not even HE cannot convert  Cryptocurrencies into REAL MONEY.

The situation in the EU and Europe is even WORSE than the situation in the USA!

 Important Fundamentals:

Important Technicals:

  •  xxxx is an indicator for Miners...
continue reading  

  © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Wednesday May 15, 2019 - Are you still gambling instead of investing?!


Updated Sections: ,

45 year of excellenceSome of our historic forecasts, what Goldonomic called:

  • 1982: The death of the Petro Dollar.
  • 2003: New Gold secular uptrend.
  • 2004: Rising price of crude oil with $60 target.
  • 2004: Bearish on the US-dollar – bearish for the South African Rand.
  • 2004: Bearish on the U.S., UK & Spanish Housing Market.
  • 2007: We called the Bank crisis (bust of Lehman Bros).
  • 2005 & 2006: Bust of U.S. Mortgage Market.
  • 2009: Buy signal for Stock Markets.
  • 2009: The Islamization of Europe.
  • 2009: The dismissal of Green Shoots in the Western World Economy (U.S. & E.U.) (remember the Green Shoots!?)
  • 2015: Banks have become "the new tax collectors".
  • 2016: We called the intermediary bottom for $-Gold and Silver.
  • 2017: New uptrend for Oil and Oil Shares.

Goldonomic NEVER believed in "Global Warming" like we never believed in "Green-renewable-Energy". URANIUM is the only affordable economic solution and as soon as the Financial Markets stop creating money out of thin air and Fractional reserve banking is destroyed by Hyper-inflation and Deflation, interest rates will return to normal and simply PROHIBIT this nonsense...

Some of our Forecasts in Progress:

  • Nov-2018: end of the Bull market of the Dow Jones, NASDAQ, SP500 expressed in REAL TERMS - Higher we shall see when expressed in nominal terms (30,000 and higher for the Dow).
  • 2018-19: Beginning of bust Canadian real estate market.
  • 2018-19: Beginning of bust of Belgian Real Estate market
  • 2018-19: Second down leg of US-Dollar initiated...in REAL TERMS and probably also in Nominal terms.
  • 2018-19: intermediate bottom of Swiss and Euro versus US-Dollar.
  • ...

Goldonomic doesn't call the SHORT TERM. Time and experience learned us we must leave this kind of exercise to the Casinos. Serious investors follow a reasoning process, avoid EMOTIONS and the uncontrolled, illogical actions of the Herd.

Important Fundamentals: 

  • The truth about the China-USA Trade war.

Important Technicals:

  •  This is our picture story for NOW.
continue reading  
   

  © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Tuesday, May 14, 2019 - What happens once Gold breaks $1,298?.


Updated Sections: $-Gold (short candle) ,

Screen Shot 2019 05 13 at 10.48.24 AMOil Opens Higher After Saudi Arabia Reports Attacks On Oil Tankers.  Saudi Arabia has said two of its oil tankers were attacked by saboteurs near the United Arab Emirates, Reuters reports, adding a statement by the UAE that a total four vessels were attacked off its coast at the port of Fujairah.

The AP quoted a Saudi statement as saying the damages sustained by the two tankers were “significant”. Neither Saudi Arabia nor the UAE, however, said who was or is most likely to have been behind the attack. The UAE also did not provide any details about the attack saying only that there were no casualties and the port of Fujairah was operating as usual.

Saudi Arabia’s Energy Minister Khalid- al-Falih said in a statement that one of the two vessels attacked at the Fujairah port was en route to Ras Lanuf where it was supposed to load crude oil for the United States.

Gold and Silver act as a FEAR TRADE when the conditions get ugly in the market.

Important Fundamentals:

  • Inflation and Hyper-inflation will destroy pensions, savings and make the impact of the unfunded liabilities worse.
  • Bonds & Treasuries have become extremely dangerous investment vehicles. ....continue reading

Important Technicals:

  © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Monday, May 13, 2019 - A Different Kind Of Wage Inflation Heralds This Cycle's End.


Updated Sections:  ,

China inflation 2019 05 11
A Different Kind Of Wage Inflation Heralds This Cycle's End. Towards the end of long expansions (this one is the longest on record), things get tight.
Factories operate flat-out and start raising prices. Good workers become harder to find and companies start competing for them with higher wages and other perks.

China Inflation Rate Rises to 6-Month High. China's consumer price inflation rose to 2.5 percent year-on-year in April 2019 from 2.3 percent in the previous month, matching market consensus. This was the highest rate since October last year, with food cost rising the most in three years as an outbreak of African swine fever sent pork prices soaring further. Inflation Rate in China averaged 5.16 percent from 1986 until 2019, reaching an all-time high of 28.40 percent in February of 1989 and a record low of -2.20 percent in April of 1999.

The Trade War with China will backfire and increase the inflation rate in the USA like there is no tomorrow.

The Netherlands is a champion of price increases in Europe, especially in terms of food and energy. And that is only due to tax increases. The Dutch government takes good care of itself, but less well of its citizens. Under the RutteDrie cabinet, the purchasing power is not increasing again, because supermarket prices and energy bills are rising faster than wages. The tax burden has risen to a record high under RutteDrie, resulting in budget surpluses and a rapidly falling government debt. But in the meantime, the economy is collapsing again, even before the citizens of the Netherlands can finally benefit from the growth.

Inflation will destroy pensions, savings and make the impact of the unfunded liabilities a lot worse.

Important Fundamentals:

  • Time to leave xxxxxxxxxx as the situation will probably become worse than in other Central and North African countries. Those K....S still have to learn their lesson!  The ANC really knows how to destroy an economy and a country. No need to take any lessons from Maduro (Venezuela). DE BEERS.... continue reading

 SA mining jobs may 2019

Important Technicals:

  © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Friday, May 10, 2019 - Patterns of Financial markets are a "deja vu" of the pre-Weimar.


Updated Sections:  ,

Central Banks and Banks are buying Physical Gold by the Tonnes...but the private sector doesn't seem to mind and keeps buying Stocks and Bonds!?

Important Fundamentals:

  • xxxx xxxx xxxx (xxx) plans to sell its last South African mine, marking the exit of Anglo American Plc and the companies it spawned from the industry that created Africa’s biggest economy. Anglo’s creation in 1917 by Ernest Oppenheimer and the subsequent development of what was for decades the world’s biggest gold industry underpinned the development of South Africa into the continent’s preeminent economy.
  • xxxx xxxxx announced on Thursday that it’s in the early stages of a sales process for Mponeng, the world’s deepest mine and its last underground operation in South Africa. The sale would be the final step in AngloGold’s withdrawal from South Africa after it sold and shut other mines in the country to stem losses...This is THE END of the South African Gold Mines!!!...continue reading

SA mining jobs may 2019

Important Technicals:

  • The Dollar index being in a bear market while the Dow Jones stock averages are in a bull market is duplicating the Weimar Republic Disaster.  With gold and silver resuming their bull market plus the Dollar resuming its bear market and the Stock market indexes confirming their bull market, there is nothing better but to hang on to your Gold and Silver investments...continue reading

  © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Thursday, May 9, 2019 - Hyperinflation is a lack of confidence in Government.


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

Hyperinflation we have as soon as The Herd stops to trust Government/Authorities. In order to keep the ball rolling, because of this lack of confidence, Government has to print increasing amounts of Fiat Money...and the more leveraged the system becomes, the more money must be print. Such is extremely negative for the Economy and Society because at a certain point, the impact of "each additional amount of newly created money" becomes NEGATIVE: the more money is printed, the worse the economy becomes.

Ever tried to find out how much your house would be worth if it was impossible to get a mortgage?! As soon as we enter Hyperinflation, BONDS CRASH and Interest Rates soar. It simply becomes impossible to borrow money and therefore Real Estate Prices tank/crash. 

 Hyperinflation scenario

The Herd or AT LEAST 9 out of 100 who see and read this message incorrectly continues to live in the conviction that Hyperinflation is not of our times....just like they are convinced that an European invasion by MUSLIM is not of our times. I have seen and experienced with my own eyes how Johannesburg - after Mandela was elected - turned pitch black in only one year's time...and Africa has come to Europe. It all started the same way the CALAIS JUNGLE and BRUSSELS HELLHOLE started. Europeans who think this story will have a happy end are in for a terrible shock and disillusion.

Important Fundamentals:

Important Technicals:

  • Corporate and Junk Bonds: THIS IS SUICIDE!
  • Every time since the year 2000 when the spread between small traders’ call buying and call selling got as wide as it is now...we had a SERIOUS market correction. This time won't be different. We just don't know when it will happen and what will trigger it...continue reading

Small trader 2019 05 08

  © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Wednesday, May 8, 2019 - If you feel happy because Gold could sell at $1,980 by year-end, you ain't understanding nothing.


Updated Sections: Silver , 

Rich Dad, Poor Dad is also a BOOK!

Important Fundamentals:

  • Today Government spending leads to lower growth...because the impact of each additional created unit of money/debt has a NEGATIVE impact.

continue reading

Important Technicals:

  •  Both Miners and Silver are extremely "underpriced"
   
Dollar ready for the next downturn  
continue reading  

  © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Tuesday, May 7, 2019 - Gold Sits On Its Box Whilst The Herd Chase Stocks – prediction is $1980 before the end of 2019.


Updated Sections: Long term commodity charts, Commodities expressed in Gold, 
Inflation Index, Bonds USA, Treasuries in the EU , US-Dollar, $-Gold

nito may 2019Panama Elections: Voters have kicked out the ruling party, as they have done in every election since the country's return to democracy. Following two decades of de facto military rule and a violent US military invasion in 1989, the presidency has alternated between the country's main three political parties. Panama is a very young Democracy!

Democratic Revolutionary Party (PRD) candidate Laurentino "Nito" Cortizo is the new president for the next five-year term. For months, the centrist candidate, a businessman and former legislator, has held a double-digit lead in most polls. He cannot be re-elected!

In an unexpectedly close race, Mr. Cortizo finished two percentage points ahead of his center-right rival, Rómulo Roux. Mr Roux has yet to concede, citing reports of voting irregularities. The country's electoral tribunal says 95% of ballots have been counted, with Mr. Cortizo winning 33% of votes, followed by Romulo Roux with 33%.

The presidential race is Panama's sixth since a US invasion ousted Manuel Noriega in 1989. Noriega was an ex-CIA agent.

Important Fundamentals:

  • This proofs how DANGEROUS the Stock Markets have become! Playing ROULETTE has probably become safer. The Fed tightens and stocks tank. The Fed promises to stop tightening and stocks soar. The Fed implies that it might actually cut rates and stocks soar some more. The Fed appears to take back the rate cut promise and the markets turn choppy.
  • There can be NO - I repeat - NO Fed balance sheet "normalization" ever again and interest rates are headed lower at the first glimpse of stock market duress.

Important Technicals:

  •  We have a BULLISH divergence for German Interest Rates!
  • The Dow has reached its top with little chance of upward movement. The trend for 2019 remains sharply down. The odds are that even a potential QE4 and further interest rate cut will not revive the climb.
  • xxxx Index says: SELL in May and Stay Away.??
continue reading  


 

 © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Monday, May 6, 2019 - Anyone who last week sold physical Gold & Silver now, is simply out of his mind!


Updated Sections:  ,

The life-cycle of States and Empires:

life cycle of states and empires

Important Fundamentals:

  • Australian and Canadian housing prices in large cities have been falling sharply as have those in London. The Dublin housing market in Ireland and many other housing markets are vulnerable as we have looked at in recent months.
  • Property bubbles in London, Hong Kong, Munich, Toronto, Vancouver, Amsterdam, Stockholm, Paris, Brussels, San Francisco, Frankfurt, Melbourne, Perth, and Sydney appear particularly vulnerable.
  • The price of real estate in Panama (incl. rentals) is also coming down.
  • And what's more...in the USA & Panama, in case you can't honor your mortgage, you simply send back the keys to your house to the bank. Contrary to Europe where the banks will seize whatever assets, savings, and income you have, banks in the USA and Panama as a rule NEVER do this. You lose your house...nothing more.
Belgium Knokke bella strano
 This is what € 375,000 - $ 420,000 buys in RED Belgium
This is what € 375,000 - $ 420,000 buys in Florida, USA
pacora city of gent
 This is what € 42,000 - $ 46,000 buys in Panama - Note the dwelling is LARGER than what is sold in Belgium for $420,000
Communists (they call themselves GREENS) have taken over Ghent, Belgium....the city is dying and everything is up for sale...
  • BP profits fall. BP said that first-quarter profits declined by 12 percent to $2.1 billion due to weaker oil prices at the start of the year. The performance echoed that of its peers, with ExxonMobil, Chevron and Total citing similar headwinds.
  • Diamond Offshore (DO) saw its share price sink more than 6 percent on Monday after reporting first-quarter earnings, which saw a 21 percent year-on-year decline in revenues.
  • Petrobras (PBR) plans on raising $20 billion through the sale of eight of its refineries, according to Reuters. Occidental Petroleum (OXY) was cut to Hold by Jefferies, which cited “risky” battle for Anadarko Petroleum.

Important Technicals:

  • THE S&P 500 IS MAKING NEW ALL-TIME HIGHS, but BULLS should not be overconfident. THE CORRECTION RISK IS GROWING.
  • Gold is veering up exactly as we forecasted it...

 © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Friday, May 3rd, 2019 - Anyone who sells physical Gold & Silver now, is simply out of his mind!


Updated Sections: Silver ,

de pest‘Medieval disease caused by trash’: Typhus spreads to LA City Hall Homelessness at record heights in NYC...Medieval diseases start to spread not only in the United States of America but also in Old Europe. The odds are that many diseases come together with the African and Middle-East immigrants, but also because of the rising level of POVERTY both in Europe and the USA.

As expected THE HERD (90% of all citizens) don't even realize what is happening today. It makes me think of South-Africa during the early 1990s until 1995 when most whites believed that it would be a good thing to have a BLACK president (Nelson Mandela) in South Africa.  Those with some common sense knew already at that time that if the country would be ruled by blacks, it would go down the drain and that WHITES would end up in RESERVES or been KILLED. Today (2019) this is exactly what is happening and to add insult to injury, even BLACK South Africans are suffering...In other words, ALL SOUTH AFRICANS are suffering because the Black Regime results exactly in the same situation as in all other African Countries.

As one could expect, the Mainstream Media are not covering this "deluge" like they are also not really covering what is happening in "Venezuela" with Red Maduro.  Zimbabwe and Argentina are also TABOO...like any country which is being destroyed by Socialism.

Day after day we are bombarded in the mainstream media, from politicians, central bankers and the paid performers on the news and financial game shows that we have a booming economy. However, we have recession/depression signs everywhere.  The yield curve has inverted (points to a recession), and recession forecasts became also de rigueur among the same financial punditry that was wildly bullish just weeks ago.

Central Banks leave key benchmark Fed funds rate unchanged at LOW and/or negative levels. The Central Banks focus on softer household spending and slowing business investment. Today the Social Security Administration (SSA) has said that they need a MINIMUM of 2.8 workers paying into the system for every one retiree collecting benefits...and 2.8 workers there are not. In Europe, the situation has become even worse and by today it has become clear that the immigrants will NOT make up for the deficit. On the contrary, they make the imbalance even bigger and will hasten and deepen the pension crisis.

Why do 99.9% of investors not own gold? A lot of people have been indoctrinated by their investment advisors and the media about gold's uselessness. Most of these people don't understand gold and don't know the history of gold, nor its role as money.

Important Fundamentals:

  • Bear in mind that Gold Banks, the COMEX, the LMBE, Banks buy PHYSICAL GOLD and at the same time ..continue reading

Important Technicals:

continue reading 

 © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Thursday, May 2nd, 2019 - dips in the Gold and Silver market will continue to be shallow!


Updated Sections: , 

The Battle of Britain is also the Battle of Europe.  Pat Condell explains in a very direct and clear way what all Europeans should do to STOP the EU-dictatorship. People seem to have forgotten that Politicians SERVE the people...not the other way around (like it is today).

 


panama canal

This is a view of the Panama canal. Each day the ships are lining up to get from the Pacific into the Atlantic Ocean (and from the Atlantic in the Pacific).  The average cost is $400,000 per ship. An average of 48 vessels use the canal each day. This adds up to a daily income of  $19,200,000.  A lot of money for a country with a population of only 3.8 Mio.

Panama was founded in 1996 and is a young democracy. Obtaining a PERMANENT RESIDENCY is fairly easy and affordable and takes on average 3 to 6 months.  No need to stay at least 6 months per year in Panama. Once you have the permanent residency, you MUST, however, visit Panama at least ONE TIME every TWO YEARS. At this time Real Estate prices are coming down and make it more affordable to rent and/or buy a home. [we strongly advise to RENT at least the 1st year].

Panama is an excellent PLAN B for all Europeans, Canadians, and Americans who want to have a SAFE ESCAPE ROUTE for themselves and their loved ones in case the local situation continues to deteriorate. The country is SAFE and MODERN and PROSPEROUS.  Panama city is rich, small and cute...continue reading

Important Fundamentals:

  • Leading into the Bank of Canada’s (BoC) interest rate and policy announcement this past Wednesday, expectations were for the Canadian central bank to abandon any guidance of future rate increases. Those expectations were met. The big surprise though was that the Canadian central bank dramatically trimmed their economic growth forecasts for 2019.
  • The Naked Short Gold Bubble: It is important to differentiate that this is not just a short-term wash and rinse the bullish positioning of unallocated gold positions. Instead, this is an orchestrated an unprecedented move by bullion banks into physical gold, the buying of which is backwashing into the synthetic markets, which in turn is increasingly exposing just how large the naked short gold bubble is.  The Gold short bubble is directly proportionate to the concurrent bursting of the artificially inflated asset price bubbles.
  • Cutting through all of the smaller footprints, as far as gold is concerned it is undergoing the bursting of a directly correlated inverse bubble, created by asset managers who have been provided a safety blanket by the FED to leverage risk to artificially high levels by short selling risk insurance, gold. 

Important Technicals:

  • The COT structure for xxx & xxxx is extremely bullish: the physical market is imposing discipline and limiting the insiders' ability to play the historic paper game, and that is why dips will continue to be shallow
  • A buy signal on the short candle for Platinum and this is one of our favorite Platinum stocks.
PLAT candle1  
 Buy signal on the short candle  
  ...continue reading
   

 © - All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic

 

Categories: News

Widgetkit Twitter

RT @PeterSchiff: We have likely seen the lows in long-term interest rates. As the Fed cuts short-term interest rates, long-term rates will…

Goldonomic Goldonomic

Cron Job Starts