- the source for market opinions


March 21, 2019 | The $20 Gold Coins Walmart Refused to Accept as $20

As time passes, the newer generations lack any understanding of gold standards or even the events of 1971. There are many people who judge the future of gold based upon their belief that it is money. However, like religion, human society is fragmented and certainly neither of one faith nor one political party. While there are […]

March 21, 2019 | A Hardcore Permabear Talks Sunshine and Lollipops

So much for the 2858.75 print in the E-Mini S&Ps earlier this week that I’d said might mark an important top.  Thursday’s muscular short squeeze impaled this ‘Hidden Pivot’ resistance, leaving the futures above it at the close. It also put in play an alternative scenario I’d mentioned — i.e., a move above 3,000. The […]

March 21, 2019 | Three Reasons Why America Can’t Get a Grip

GUALFIN, ARGENTINA – First, we discover that inflation here in the Andes is worse than we thought… Economist Steve Hanke in Forbes: [Last week] Argentina released its February inflation statistics. Inflation spiked, again. Indeed, the official annual inflation rate jumped to 51.3%/yr. While this spike caught most observers off balance, it didn’t surprise me. Each day, […]

March 21, 2019 | Overview: Climate litigation in British Columbia

Municipalities are being asked to participate in campaigns that would seek funds from fuel companies. A range of differing views is emerging as to its efficacy, writes Stewart Muir. Background In 2017, a local environment group, the West Coast Environmental Law Centre (WCEL), started a climate accountability campaign in British Columbia (BC) and started lobbying local municipalities […]

March 21, 2019 | Will America use its Military to Depose Maduro of Venezuela?

Who will rule Venezuela? Mr. Maduro or Mr. Guaido?  The Venezuelan currency (the Bolivar) has lost 95% of its purchasing power! The economy is in chaos as the money system has been destroyed! America will likely remove Maduro (via a military operation) and install Mr. Guaido as puppet leader over the people of Venezuela!    […]

March 21, 2019 | Putting My Money Where My Mouth Is

The summer of 1986 was my only real experience with the business of gambling. I was helping the Libertarian Party of Alaska raise money by selling raffle tickets. The prize was a brand new, fire-engine-red Corvette. It was gorgeous. People slobbered over the car—literally. We had to keep cleaning materials in the trunk to wipe […]

March 21, 2019 | Where Defense Spending Dollars Go: Top Ten States

A defense report, revised in March 2019 for fiscal year 2017, shows what states benefit the most from defense spending. Please the US department of Defense report on Defense Spending by State for fiscal year 2017 as revised in March of 2019. Conducted between June 2018 and November 2018, the analysis primarily entailed an examination of DoD […]

March 21, 2019 | Barbarians

Poor Jake. He sees barbarians at the gate. For him, they’re already in the White House and Queen’s Park. They’re grasping for the levers of power in Alberta and Ottawa, where yesterday Conservatives were on the attack. “The CPC actions yesterday (drowning out the finance minister in the house) are the actions of barbarians uninterested […]

March 20, 2019 | Paul Volcker Can’t Save Us This Time…

Still no visible crack in the stock market. But the economy may be breaking down. First, there is growing recognition that the Obama/Trump recovery has been a flop. A headline at Yahoo Finance: Jamie Dimon: The U.S. economy should have grown 40% in the last decade, not 20% Hardly a week has gone by since […]

March 20, 2019 | A Message to the Gold Bulls: Relying on the CoT Gives You A False Sense of Security

Gold stocks have repeated their decline once again yesterday while gold and silver soldier on. When will the miners take gold and silver down with them? Underperformance is a critical sign of weakness, there’s no denying that. Would today’s Fed policy pronouncements provide the spark? These are valid questions that we answer for our subscribers […]

March 20, 2019 | Cash-In on Cannabis. We Called the Trend, Here’s What’s Next

KINGSTON, NY, 20 March 2019—It’s bigger than the legalization of marijuana that politicians are blabbing about and the business media are promoting to cash-in on the tax and investment potential. It’s the full line of cannabis and hemp products that will catapult it into a trillion-dollar global industry within a decade. As the World Leader […]

March 20, 2019 | Transports Leading Stock Market and Economy Lower

Yesterday after the close, the largest global courier delivery service, Federated Express (FedEx), warned of weaker than expected earnings and revenue for the second time in six months. In response, the shares have fallen 37% since January 2018 and 5% today alone.  This is not a FedEx only story–management explained that the global economy is slowing all […]

March 20, 2019 | Huh?

When the concept of shared equity mortgages burst upon the nation in the budget late Tuesday, some people flipped. “How on earth would this not have the effect of increasing the cost of housing?,” Joe asked me. “Eventually (or quickly) wouldn’t this just get factored into selling prices? If yes, there would be a net […]

March 20, 2019 | Gold To Continue To Base Below $1320 For Weeks

Our research team, at Technical Traders Ltd., believes Gold will continue to base below $1320 for at least another 3~5 weeks before setting up a momentum price base.  Our research suggests general weakness in the US stock market over the next few weeks/months as a Head-n-Shoulders pattern unfolds.  Interestingly enough, our research also suggests Gold […]

March 20, 2019 | The Stock Market – Up & Away or Crash & Burn?

QUESTION: Mr. Armstrong, In your blog you talked about a global recession and hard landing. Does this mean the US stock market will rally because funds will flow from the rest of the world to the US stock market? Or will the US stock market succumb to the global recession and go lower too? This […]

March 19, 2019 | Charlie Brown, Lucy’s Football and Gold

Gee, I sure hope you didn’t miss the gala launch of our three-part interview series today! We just finished streaming the first one this afternoon. The good news is that I’ve had my team post the recording without delay. If you want to watch it now, just turn up your speakers and go here. It should start playing […]

March 19, 2019 | The Adventures of Spreadsheet Guy

Seven years ago, I went to see a gold play in the far east of the Democratic Republic of the Congo. It was near Lake Kivu, on the border with Rwanda. I was well aware that this area has seen some of the worst bloodshed in African history. That’s due in part to its richness […]

March 19, 2019 | MMT, Green New Deal, Public Banks, QE!

Can America avoid the world system so as to fund public banks (via QE dollars)? QE emerges from a Central Bank and the units emerge from thin-air! The idea could work for America (but what about all the other nations with weak currencies)? Is money from nothing a concept which would work globally? I don’t […]

March 19, 2019 | GBP/USD 540-min – Expanding Flat Pattern?

It is possible we have completed an A-B-C expanding flat pattern ; which traces out Wave (B). We are short, as the reward seems skewed to the downside.

March 19, 2019 | The Secret to Funding a Green New Deal

As alarm bells sound over the advancing destruction of the environment, a variety of Green New Deal proposals have appeared in the U.S. and Europe, along with some interesting academic debates about how to fund them. Monetary policy, normally relegated to obscure academic tomes and bureaucratic meetings behind closed doors, has suddenly taken center stage. […]

March 19, 2019 | The Gap

Budget day. Hardly a surprise. More spending. Deficits stretching far into the future. The Moister Homebuying Strategy (yes, shared-equity mortgages, bigger RRSP withdrawals. More debt). And a major attempt to change the channel from the Lavalin mess. It’s an election year, of course. The Libs have been rocked by defections – the latest coming this […]

March 19, 2019 | VW Moving from Emissions Fraudster to EV Leader

In 2015 it was revealed that Volkswagen (along with many other manufacturers) had been cheating emissions standards in its diesel vehicles.  To date, the fraud has cost the company over 27 billion euros in penalties and fines, as well as the arrest of a couple of top executives.  The cost to our air quality, health […]

March 19, 2019 | Two FAANG Stocks to Watch If Weakness Snowballs

Uh-oh. A couple of FAANG heavyweights rolled down hard Tuesday after failing to reach their respective Hidden Pivot targets. Apple shares had appeared bound for at least 190.33 when they reversed from 188.99 mid-day along with the broad averages. AMZN was well into a weeks-long, 220-point climb to a 1842 target when it turned tail […]

March 19, 2019 | Dow Jones Head and Shoulders Pattern To Be Aware Of

Our research team believes a moderately mild price rotation will unfold over the next 30 to 60 days where the US Stock Market will rotate downward.  Particularly, the $INDU (Dow Jones Industrials) should move lower towards the $23,000 to 24,000 before finding support based on the longer term weekly chart. Keep in mind we are […]

March 18, 2019 | The Confirmation of the Warning: Here Are the Stunning Implications of Plunging Gold (Part III)

After gold’s plunge on Thursday, it made a comeback attempt on Friday. But that erased only half of Thursday’s vigorous decline. The situation in silver and gold miners doesn’t provide much ground for optimism either. The silent scream we wrote about in the Wednesday’s Alert for our subscribers brought serious repercussions. Both immediately and step-by-step […]

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