Monday views from Gary
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Good article & a fiery chat room comments. The chart predictions for the blow off top in conventional markets are interesting to consider.
The best buys………..will be FROZEN TURKEYS…………from the oversupply ,….the company bonuses have been slashed, and there will be no free turkeys given out this year……….therefore , there will be an oversupply at your local grocery store, and they may even throw in some extra stuffin………………OOTC……………
We ordered ours last week as my boss did not see fit to give me a free turkey!
after listening this guy call everything correct for the last year. I see no reason to see why he would be wrong now. One of the major indicator (for me) of a rise in the gold market is that the bulls are all scared to jump in.
Gary,
Absolutely correct!
Let those who want to wait for confirmation miss the boat
All that’s left is the river card
Gary, one fear is that the “NO”decision on the Swiss Referendum will be an excuse for the “boys” to smash the gold market. I know that “NO” is strictly a guess at this time but wondering if this is playing a role in your timing for this immediate cycle? Thx
im also very curious about this topic, would be great if gary could comment on it
NEW FLASH………….OBAMA TO GIVE AMNESTY TO ILLEGAL WILD TURKEYS………
A turkey giving amnesty to another turkey………
Like high dividend stocks for now. Yes interest rate risk exists . But it looks like 18 to 24 months of continued low interest rates. continue to look at phamacutical stocks in cluding dematology stocks. All of us new senoirs are needing special skin care and some creams and ointments can only be had by perscription. promising area for investment. S
The real question of the week, however, is how many of the turkeys that follow this blog will become cannibals on Thursday.
The mystery of the week, for me, is how the president (small “p” intended to show lack of respect) can lie so easily and so often and never get called for the LIAR he repeatedly is.
Sorry, if I offend for being off-topic. I do believe Big Al to be open and honest and have the best of intentions; unlike some commentators that do take advantage of their following to front-lead trading immorally or benefit from boosting stocks that they know to be crap.
Gary is absolutely correct… I was a commodities broker with Merill Lynch in the 70’s when customers would camp out in your office and do their buying and selling…I saw this scenario play out time after time and there was no convincing the folks that they were doing the opposite of what they should be doing. Emotions and the human programming is very difficult to overcome but you will not gain substantially until you overcome both….
Gary. What is your thought about impending tax-loss selling?
It is my opinion that buying right now is potentially premature considering what will probably happen in the next 30 days from tax considerations.
CFS…………YOUR BACK…………HOW WAS VACATION…..
I think it already happened. Now a new intermediate cycle is in control and the cyclical forces are pushing gold higher.
I agree. The major lows of 2000 and 2008 lead to big moves up through February before taking a break.
http://stockcharts.com/h-sc/ui?s=$GDM:$GOLD&p=M&yr=20&mn=11&dy=0&id=p36760036068&a=376487942
…Even when priced in gold:
http://stockcharts.com/h-sc/ui?s=$GDM:$GOLD&p=M&yr=20&mn=11&dy=0&id=p36760036068&a=376487942
Thanks for replying.
Setting the stage for the next recession
http://blog.smartmoneytrackerpremium.com/2014/11/setting-stage-next-recession.html