Feb 21 Is The Technology Sector Setting Up For A Crash? Part IV Chris Vermeulen
As we continue to get more and more information related to the Coronavirus spreading across Asia and Europe, the one thing we really must consider is the longer-term possibility that major global economies may contract in some manner as the Chinese economy is currently doing. The news suggests over 700+ million people in China are quarantined. This is a staggering number of people – nearly double the total population of the entire United States. If the numbers presented by the Chinese are accurate, the Coronavirus has a very high infection rate, yet a moderately small mortality rate (2~3%). Still, if this virus continues to spread throughout the world and...

Feb 21 Gold Leads the Way Higher David Brady
Gold finally breaks out of its range for past two months to the upside. But it is extreme overbought and its new high was negatively divergent according to the daily RSI and MACDs. That said, the trend is clearly up based on a series of higher lows and higher highs. Unless we break the support zone between 1602-1605, I am looking up towards 1640. Silver has underperformed Gold recently, but that just means it has more room to rally, imho. Aside from perhaps one more short-term pullback, I am still expecting north of 20 before our next major peak. Only a drop below the support zone between 17.30-40 would make me reassess Silver’s bullish prospects...

Feb 21 Gold Chased the Money Supply Higher Dave Kranzler
The best official measure of the money supply created by the Fed was M3. “Was” because the Fed under Helicopter Ben removed M3 from public view. But the “effective” money supply is the currency printed plus the “spendable” currency created by debt issuance. Currency from a loan behaves like printed money until the loan is repaid. But for the last 10 years the amount of the loans outstanding, and therefore the supply of “spendable” currency, has risen at an increasing rate. Gold can “smell” these reams of fiat paper currency being printed and then fractionalized and leveraged by the Central Bank. The “fractionalization,” of course, is the process by which loans (including repos) creates spendable currency...

Feb 21 Is There More to Come in This PMs Rally? Przemysław Radomski
The USDX rally accelerated once US currency broke above the rising trend channel. Once a breakout above a trend channel takes place, one can expect the market to rally by as much as the height of the channel. If we applied the height of the channel to the moment of breakout, the target would be already surpassed. But, if we apply it to the channel at any given time, we see that the distance between the USDX and its previous trend channel only now (!) equals the height of the latter. This might mean that the top was just reached. If not, then the proximity of the 100 level used to stop short-term rallies many times in the past - also in 2003. So, while the USD Index is likely to top either right now or shortly, the precious metals market might still move higher on a very short-term basis...

Feb 20 Palladium, Gold, US Dollar Chris Vermeulen

Feb 20 Is The Technology Sector Setting Up For A Crash? Part III Chris Vermeulen
FANG stocks seem uniquely positioned for some extreme rotation over the next 6+ months. The continued capital shift that has taken place over the past 5+ years has driven investment and capital into the Technology sector – much like the DOT COM rally. The euphoric rally in the late 1990s seems quite similar to today. The biggest difference this time is that global central banks have pushed an easy-money monetary policy since just after 2000. The policies and rallies that took place after 9/11 were a result of policies put in place by George W. Bush and Alan Greenspan. Our research team believes these policies set up a process where foreign markets gorged on cheap US Dollars to expand industry and manufacturing throughout the late 1990s and most of the early 2000s. This process sets up a scenario where...

Feb 20 Waiting on COMEX Silver Craig Hemke
...what the heck is wrong with the mining shares thus far in 2020? As mentioned above, gold prices are up over 5% year-to-date, but many of the key gold mining indices and ETFs are down on the year thus far. What gives? Well, whether by design or by fate of algorithm, the mining shares now closely track SILVER instead of gold. And, of course, this makes zero sense! Why would a basket of junior gold mining shares rise and fall with the price of silver? The most likely answer is that we have 21st century automation to blame. We all know that the vast majority of equity trading now falls to the pre-programmed HFT computers, and quite obviously, many of these machines take their cues to buy or sell mining shares from the directional trade of silver. Again, don't just take my word for it...

Feb 20 Demand for Physical Precious Metals Surge... SRSRocco
Remember, it’s important to own a variety of sizes of physical precious metals. For example, Official Silver coins and rounds that are 1 oz, or even in smaller denominations, are wise to keep a good stock for trading purposes. While a quarter oz (0.25 oz) silver round may only be worth about $4.5 currently, what happens if the silver price rises significantly in the future?? What happens when silver goes back to $50 an ounce?? That 0.25 oz silver round is now worth $12.5. So, owning some 1/10th oz, or 0.10 oz silver rounds may also be wise to add to one’s holdings. Unfortunately, I believe the world is seriously underestimating the situation that is unfolding in China and soon the rest of the world as it pertains to the Global Supply Chain. Watch over the next 2-4 weeks to see if the Global Supply Chain comes under more stress...

Feb 20 Warning - That's Not a Buying Opportunity in Gold Przemyslaw Radomski
Gold rallied by $17.20 yesterday (1.08%), while silver soared by $0.42 (2.35%), which means that silver more than doubled gold's rally. Silver is outperforming gold, which was both profitable (at least for our subscribers), and informative. Gold miners moved higher even more (4.60% in case of the HUI Index), indicating that the final part of the rally is not yet over but rather that we are still in it. Alternatively, it could mean that yesterday's session was the top, but given today's pre-market moves higher in gold and silver, the former seems much more likely. In other words, gold and silver are likely to move higher shortly...

Feb 20 Here is Your Opportunity in Gold & Silver GoldSilver Team
In their new video, Mike Maloney and Ronni Stoeferle of Incrementum show the enormous potential that lies ahead for gold and silver. First, look how strong the correlation is between gold in the 1970s and gold in the 2000s. look how strong the correlation is between gold in the 1970s and gold in the 2000s. You can see that if history were to rhyme, gold would see a three to four-fold return in price from current levels. Mike mentions how inflation could easily return once currency velocity picks up. If you haven’t seen it, he discusses this phenomenon in detail in episode 7 of Hidden Secrets of Money, well worth the time. But it’s not just the potential for gold and silver—the entire commodity complex is historically undervalued...

Feb 20 Price Extremes, The Trapped Fed and Scapegoats Gary Christenson
Paper assets can crash and burn. They might remain levitated beyond the November election, but perhaps not. Debt is rising rapidly compared to the economy that must support the debt service. Debt may not collapse tomorrow, but it will not increase forever. The Fed has created bubbles in stocks, bonds and real estate—the Everything Bubble. Bubbles always implode. Even with zero-interest rates, profits, at some point, won’t support the required payments. Debt can’t increase forever. Pick your poison – default or hyperinflation. Protect your savings with gold and silver bullion...

Feb 19 Is The Technology Sector Setting Up For A Crash? Part II Chris Vermeulen
In the first section of this article, we highlighted three key components/charts illustrating why the “rally to the peak” is very likely a result of a continued Capital Shift away from risk and into the US stock market as an attempt to avoid foreign market growth concerns. This method of pouring capital into the US stock market is a process that is driving incredible asset rallies in the US technology sector. Already the US technology sector (FANG and our Custom Technology Index charts) are up almost 15% in 2020. How long will it last and when will it end?...

Feb 19 Corona Virus: Is More Debt The Solution? Stewart Thomson
13.) The world’s “Queen of Assets” is breaking out to the upside from a beautiful symmetrical triangle pattern. 14.) My $1670 target zone could be hit quite quickly as governments race to print and borrow money to support stock markets and stop already-pathetic GDP growth numbers from turning negative. 15.) I’ve urged investors to drop the fantasy that the US government will make them great with more spending and more debt, carry lighter positions in the stock market, and add some bullion for comfort. 16.) It’s plain common sense, given the late stage of the business cycle, global obsession with debt, and the rise of Corona. 17.) The bottom line: The citizens of India understand, but does anyone else?...

Feb 19 The Next Big Thing in Nevada Rick Mills
Key to being a successful junior resource investor is doing your due diligence prior to taking a position in a junior, or for that matter, any publicly traded company. That means going over the financials, fully understanding the business, the sector they’re operating in (gold, PGMs, base metals, etc.), what and where are their project(s), who are their competitors, who’s on the management team. So how to pick a winner? A wise next step, after the management team passes muster, is to look for exploration upside. Identifying the opportunity in an undervalued project is where that “sweet spot” of resource investing comes in - purchasing an undervalued stock that is strongly favored to move higher, booking a tidy shareholder profit along the way...

Feb 19 The Gold and Silver Rally Just Can't Wait Przemyslaw Radomski
It isn't just about gold most of the time - there are times when silver rises to the forefront of everyone's attention. And we fully expect such a moment of the white metal stealing the spotlight to arrive shortly. What lessons can we draw from the silver chart? The key analogy in silver (in addition to the situation being similar to mid-90s) continues to be the one between 2008 and the 2016 - now periods. There is no meaningful link in case of time, or shape of the price moves, but if we consider the starting and ending points of the price moves that we saw in both cases, the link becomes obvious and very important. And as we explained in the opening part of today's analysis, price patterns tend to repeat themselves to a considerable extent. Sometimes directly, and sometimes proportionately...

Feb 18 Baltic Dry, Copper, Oil, Tech & China Continue to Call for Crash Soon Clive Maund
In this update we are going to review a small but important range of commodities / lead indicators which strongly suggest that the seemingly endless bullmarket in US equities is living on borrowed time and will end sooner rather than later, and given how long it has lasted and how extremely overvalued it has become, the downturn will likely start with a crash phase. Regardless of what the eventual impact of the Coronavirus epidemic is, US stockmarkets in particular seem to be in a state of denial about the actual real-world consequences of the Chinese shutdown and impact on the global supply chain and corporate profitability everywhere, and some elements even seem to be gloating about China’s misfortune and predicament, completely oblivious to the fact that this is going to have a negative impact on almost everyone...

Feb 17 The Fake News Economy Dave Kranzler
The stock market is becoming increasingly disconnected from underlying main street reality. Corporate profits have been declining since the third quarter of 2018. However, pre-tax corporate profits have been declining since the Q3 2014 (this data is available on the St. Louis Fed FRED website). Real corporate profits (adjusted for CPI and including inventory write-downs and capex) are the lowest since the financial crisis. Remarkably, rather than the usual “hockey stick” forecasts, Wall St analysts have revised lower their consensus earnings estimates for the Dow Jones Industrials. In fact, per the chart above, I think you can say that Wall Street’s forward EPS estimates have gone off a cliff...

Feb 17 Spotlight on the DOJ and JPMorgan Ted Butler
It has now been more than eleven years that I have been writing about the leading role that the US’ largest bank, JPMorgan, plays in the pricing of silver and gold. My suspicions that JPMorgan was the big silver and gold manipulator started shortly after the release of the August 2008 Bank Participation report, which indicated an unnaturally large increase in the short positions of one or two US banks in COMEX silver and gold futures contracts. That’s when I started speculating that JPMorgan was the big COMEX short seller. On Nov 10, 2008, I stopped speculating and directly pointed to JPM, as a result of correspondence between a US congressman and the CFTC...

Feb 17 The Groundhog Just Can't Wait to See the Golden Rally Przemyslaw Radomski
The Groundhog Day movie featuring Bill Murray was released in 1993, but it easily could have been based on what we see right now. At least in case of the precious metals market. Practically everything that happened yesterday, confirmed what we already wrote based on Wednesday's price moves (which was in tune with what happened on Tuesday, anyway). The outlooks for the USD Index and the precious metals market are exactly the same as they were yesterday. PMs are likely to decline significantly in the medium term, but they are likely to rally in the very short term. The USDX moved up and PMs moved down yesterday, which might seem to contradict the above, but it doesn't...

Feb 17 Is The Technology Sector Setting Up For A Crash? Part I Chris Vermeulen
One thing that continues to amaze our research team is the total scale and scope of the Capital Shift which is taking place across the globe. For almost 5+ years, foreign investors have been piling into the US stock market chasing the stronger US dollar and continued advancement of US share prices. It is almost like there is no other place on the planet that will allow investors to pool capital into such a variety of strong assets while protecting against foreign capital risks. Yet the one big question remains – when will a price reversion event hit the US stock market? So many researchers, even our team of researchers, believe we have found the keys to unlocking when the price reversion event will take place. Time-honored technical analysis techniques have...

Feb 17 The World Is Rapidly Burning Through Its Conventional Oil Reserves SRSrocco
Day in and day, the American population has approximately 60 billion energy slaves working for them. That figure is based upon the data provided by Jean-Marc Jancovici during his presentation to the OECD back in September 2019. Jean-Marc says each human, on average, has about 200 energy slaves working for them. I just multiplied 300 million Americans by 200 energy slaves to equal 60 billion energy slaves. Easy-Peasy. Due to the complex layers of technology and our vast supply chain system, Americans totally dismiss energy altogether except when they have to pay a BILL FOR IT. Americans are only concerned about the cost or the energy bill they have to pay. Never is the sustainable supply or quality of energy considered on the internet, the press, or on TV. So, the blind continue to lead the blind...

Feb 17 Gold Consolidates & Key Juniors Surge Morris Hubbartt
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts. SFS Key Charts, Signals, & Video Analysis; SF60 Key Charts, Signals, & Video Analysis; SF Trader Key Charts, Signals, & Video Analysis; SFJ Key Charts, Signals, & Video Analysis...