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New Long Term Trends or Short Term Reversals?

Cory
December 29, 2016

Chris Temple takes time to wrap up the markets with us. In the past 2 trading days we have seen reversals across the board; US markets, gold, treasuries, USD. The biggest question is will these moves develop into new long term trends? On the flip side all these sectors were either over bought or over sold and this could all be a technical short term move.

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Discussion
41 Comments
    CFS
    Dec 29, 2016 29:51 PM
      Dec 29, 2016 29:33 PM

      There would be “peace” if you would simply stop making war against Islam. What is my point? There is no such thing as neutrality. You must either acquiesce or resist. You cannot oppose a religion, any religion, without adopting one yourself. May I respectfully suggest Christianity, the one true religion (not true like your religion, whatever you call it; you might call it atheism). You are educated. Examine the facts. Put them to the test. You are guilty (even by your own standards). What do you do with your guilt?

        CFS
        Dec 29, 2016 29:59 PM

        There are none so blind as those that keep their eyes shut. Wayne, wake up.

        What have the women of Sweden, Germany and Austria done to Islamic followers that deserves rape?

          Dec 29, 2016 29:59 PM

          Merkel brought this all on.

          She has no problem with her country’s people being raped and murdered and German culture annihilated. She wants all of this.

          My question to is why hasn’t a noose been put around her neck and why isn’t she swinging from a tree?

          Dec 30, 2016 30:36 AM

          Wake up to what? Rape is wrong. But why? Because God says so. CFS: “Rape is wrong because I say so.”

            Dec 30, 2016 30:52 AM

            Common sense says so, Wayne. Do unto others…?

            Dec 31, 2016 31:39 AM

            Common sense: the invisible god atheists worship.

      Dec 29, 2016 29:34 PM

      It doesn’t look good for us in the west , And Trump can’t change noting !

        Dec 29, 2016 29:43 PM
          Dec 30, 2016 30:39 AM

          We already have a Dick Cheney. He is half black, lives in a White House, and loves all the presidential (dictatorial) power he can get his grasping hands on.

            Dec 30, 2016 30:05 AM

            According to the new findings………he is full black…….his mommy is reported as African

            Dec 30, 2016 30:07 AM

            Lets unseal the school records………….

            Dec 30, 2016 30:09 AM

            We know he (O) likes to being a liar………..

            Dec 30, 2016 30:12 AM

            Dick Chaney and Bush were just as bad……..history will prove it…… jmho

            Dec 30, 2016 30:13 AM

            Drain ALL the Swamp

      Dec 31, 2016 31:38 AM

      “Because you did not serve the Lord your God joyfully and gladly in the time of prosperity, therefore in hunger and thirst, in nakedness and dire poverty, you will serve the enemies the Lord sends against you. He will put an iron yoke on your neck until he has destroyed you.” Deut. 28:47-48.

    CFS
    Dec 29, 2016 29:27 PM

    US Considers Mining Limits In West To Save Sage Grouse
    By DAN ELLIOTT – Associated Press – 41 minutes ago

    DENVER (AP) — The Obama administration offered five possible plans Thursday for limiting mining on federal land in the West to protect the vulnerable greater sage grouse, but it isn’t saying which it prefers.

    The options range from banning new mining activity on about 15,000 square miles for up to 20 years to imposing no additional restrictions on mine locations.

    The rules would affect sage grouse habitat on federal land in Idaho, Montana, Nevada, Oregon, Utah and Wyoming.

    Under all the options, mining and exploration projects already approved or underway could proceed. Energy companies could still extract oil and gas from any restricted lands, but they would have to use directional drilling from some distance away to avoid disturbing the surface.

    After a public comment period ends in March, President-elect Donald Trump’s administration will decide which option to choose, if any.

    It’s not yet clear whether Trump or his choice for Interior Secretary, Republican Rep. Ryan Zinke of Montana, would continue to pursue the current sage grouse conservation plans, modify them or scrap them.

    Dec 29, 2016 29:53 PM

    Look at USD, wow.

    Dec 29, 2016 29:49 PM

    Trump Goes Nuclear On Nuclear
    Dec. 29, 2016

    http://seekingalpha.com/article/4033304-trump-goes-nuclear-nuclear

    Dec 29, 2016 29:15 PM

    Did Big Media Run Fake Headlines on the Deutsche Bank “Settlement” ?

    Typically, it takes two to settle bank fraud charges – the bank committing the fraud and the law enforcement agency bringing the charges. But in the case of the announcement late last Thursday evening that Deutsche Bank and the U.S. Justice Department had reached an agreement to settle claims against the bank for allegedly swindling investors in the sale of toxic residential mortgage backed securities, all that could be heard was the sound of one hand clapping in a press release issued by the defendant, Deutsche Bank. Nowhere to be found was a statement of particulars on what the bank was admitting to or a man behind a podium bearing the seal of the U.S. Justice Department in a press briefing room, as typically occurs in a real settlement.

    http://wallstreetonparade.com/2016/12/did-big-media-run-fake-headlines-on-the-deutsche-bank-settlement/

    Dec 29, 2016 29:27 PM

    The Guardian’s Summary of Julian Assange’s Interview Went Viral and Was Completely False

    Glenn Greenwald

    December 29 2016, 5:41 a.m.

    JULIAN ASSANGE IS a deeply polarizing figure. Many admire him and many despise him (into which category one falls in any given year typically depends on one’s feelings about the subject of his most recent publication of leaked documents).

    But one’s views of Assange are completely irrelevant to this article, which is not about Assange. This article, instead, is about a report published this week by The Guardian that recklessly attributed to Assange comments that he did not make. This article is about how those false claims — fabrications, really — were spread all over the internet by journalists, causing hundreds of thousands of people (if not millions) to consume false news. The purpose of this article is to underscore, yet again, that those who most flamboyantly denounce Fake News, and want Facebook and other tech giants to suppress content in the name of combating it, are often the most aggressive and self-serving perpetrators of it.

    https://theintercept.com/2016/12/29/the-guardians-summary-of-julian-assanges-interview-went-viral-and-was-completely-false/

    CFS
    Dec 29, 2016 29:57 PM

    The young Friedland and Goviex uranium
    https://www.youtube.com/watch?v=68rZ08je-1A

      Dec 29, 2016 29:26 PM

      Thanks CFS !

    Dec 29, 2016 29:25 PM

    *It was a strong day for the Silver Miners:

    NAME – SYMBOL – % CHG

    Defiance Silver Corp. $DEF +22.41%
    Rio Silver Inc. $RYO +20.00%
    Klondike Silver Corp. $KS +16.67%
    Minco Silver Corporation $MSV +15.79%
    Aura Silver Resources Inc. $AUU +14.29%
    Nicola Mining Inc. $NIM +13.79%
    Canasil Resources Inc. $CLZ +12.50%
    Endeavour Silver Corp. $EDR +11.97%
    IMPACT Silver Corp. $IPT +11.86%
    Silvercorp Metals Inc. $SVM +11.84%
    Bear Creek Mining Corporation $BCM +11.47%
    Aurcana Corporation $AUN +11.43%
    Golden Arrow Resources Corporation $GRG +11.43%
    GoGold Resources Inc. $GGD +11.11%
    Fortuna Silver Mines Inc. $FSM +10.61%
    First Majestic Silver Corp. $AG +10.36%
    BAYHORSE SILVER INC $BHS +10.34%
    Metallic Minerals Corp. $MMG +10.00%
    Silver Wheaton Corp. $SLW +9.42%
    Americas Silver Corporation $USA +9.37%
    SilverCrest Metals Inc. $SIL +8.84%
    Tahoe Resources Inc. $TAHO +8.64%
    Silver Bull Resources, Inc. $SVB +8.00%
    MAG Silver Corp. $MAG +7.89%
    Levon Resources Ltd. $LVN +7.84%
    Silver Standard Resources Inc. $SSRI +7.83%
    Hochschild Mining PLC $HOC.L +7.15%
    Pan American Silver Corp. $PAAS +6.80%
    Silver Bear Resources Inc. $SBR +6.25%
    Avino Silver & Gold Mines Ltd. $ASM +5.84%
    Coeur Mining, Inc. $CDE +5.31%

      Dec 29, 2016 29:25 PM

      The Mid Tier #Gold #Producers had a nice day as well…

      NAME – SYMBOL – % CHG

      Banro Corporation $BAA +13.96%
      Richmont Mines Inc. $RIC +13.93%
      Argonaut Gold Inc. $AR +13.53%
      Asanko Gold Inc. $AKG +12.76%
      Torex Gold Resources Inc $TXG +12.60%
      Beadell Resources Limited $BDR.AX +12.50%
      Guyana Goldfields Inc. $GUY +12.39%
      B2Gold Corp. $BTG +11.50%
      McEwen Mining Inc. $MUX +10.74%
      ST Barbara Ltd. $SBM.AX +10.57%
      Resolute Mining Limited $RSG.AX +10.17%
      Alamos Gold Inc. $AGI +10.06%
      Dundee Precious Metals Inc. $DPM +9.86%
      Evolution Mining Limited $EVN.AX +9.84%
      IAMGOLD Corporation $IAG +9.84%
      Endeavour Mining Corporation $EDV +9.34%
      OceanaGold Corporation $OGC +9.14%
      SEMAFO Inc. $SMF +8.53%
      Saracen Mineral Holdings Limited $SAR.AX +7.61%
      Detour Gold Corporation $DGC +7.01%
      China Gold International Resources Corp. Ltd. $CGG +6.93%
      Regis Resources Limited $RRL.AX +6.83%
      Primero Mining Corp. $PPP +6.75%
      Centerra Gold Inc. $CG +6.72%
      Medusa Mining Limited $MML.AX +6.38%
      Klondex Mines Ltd. $KLDX +6.33%
      Alacer Gold Corp. $ASR +5.69%
      Eldorado Gold Corporation $EGO +5.63%
      Centamin Plc $CEE +5.43%

        Dec 29, 2016 29:26 PM

        The Small Gold Producers under 100,000 oz annual did well:

        Goldsource Mines Inc. $GXS +23.81%
        Avesoro Resources Inc. $AUE +20.00%
        Para Resources Inc. $PBR +19.05%
        Gold Resource Corp $GORO +18.57%
        Galane Gold Ltd. $GG +14.29%
        Scorpio Gold Corporation $SGN +13.33%
        GoGold Resources Inc. $GGD +11.11%
        Southern Gold Limited $SAU.AX +10.00%
        Premier Gold Mines Limited $PG +9.76%
        Millennium Minerals Limited $MOY.AX +9.76%
        Red 5 Limited $RED.AX +7.41%
        Shanta Gold Ltd. $SHG.L +7.25%
        K92 Mining Inc. $KNT +6.74%
        Marlin Gold Mining Ltd. $MLN +5.66%
        Sulliden Mining Capital Inc. $SMC +5.36%
        Golden Star Resources Ltd. $GSS +5.24%
        Orosur Mining Inc. $OMI +4.76%
        Blackham Resources Limited $BLK.AX +4.65%
        Alkane Resources Limited $ALK.AX +4.62%
        Havilah Resources Limited $HAV.AX +4.39%

          Dec 29, 2016 29:27 PM

          These Gold Development and Advanced Deposit companies shined today as well…

          Monarques Gold Corporation $MQR +57.38%
          Benton Resources Inc. $BEX +28.57%
          Helio Resource Corp. $HRC +25.00%
          African Gold Group, Inc. $AGG +20.00%
          Victoria Gold Corp. $VIT +15.79%
          Tanzanian Royalty Exploration Corporation $TRX +15.23%
          Midas Gold Corp. $MAX +11.39%
          Sabina Gold & Silver Corp. $SBB +11.11%
          TMAC Resources Inc. $TMR +11.04%
          Pure Gold Mining Inc. $PGM +10.87%
          Continental Gold Inc. $CNL +10.62%
          Exeter Resource Corporation $XRA +9.88%
          West African Resources Limited $WAF +9.76%
          Pretium Resources Inc. $PVG +9.30%
          Mexus Gold US $MXSG +9.29%
          MX Gold Corp. $MXL +8.00%
          NovaGold Resources Inc. $NG +7.78%
          Belo Sun Mining Corp $BSX +7.69%
          Atlantic Gold Corporation $AGB +7.69%
          Pilot Gold Inc. $PLG +7.69%
          Vista Gold Corp. $VGZ +7.45%
          Avnel Gold Mining Limited $AVK +6.98%
          Luna Gold Corp. $LGC +6.67%
          Rupert Resources Ltd. $RUP +6.67%
          Gold Standard Ventures Corp $GSV +6.64%
          Lydian International Limited $LYD +6.06%

            Dec 30, 2016 30:15 AM

            What’s going on with Monarques Gold anyway. I know it is a company Rob McEwen was interested in at one point, but that was a large move yesterday….

    Dec 30, 2016 30:14 AM

    The Next Bull Market Move Interview-Justin at the Next Big Trade (dot) com

    by @bullmarketmove on December 30, 2016

    https://www.ceo.ca/@bullmarketmove/the-next-bull-market-move-interview-justin-at-the-next-big-tradecom

    Dec 30, 2016 30:25 AM

    The new OPEC: Who will supply the Lithium needed to run the future’s electric cars?
    Justina Crabtree – 8 Hours Ago

    http://www.cnbc.com/2016/12/30/the-new-opec-who-will-supply-the-lithium-needed-to-run-the-futures-electric-cars.html

    Dec 30, 2016 30:38 AM

    I posted this on Doc’s editorial, but I’ve been having my mind blown looking at everyone’s Top 3 Picks for 2017 in the Stock Picking Contest over at CEO.

    Keep scrolling up and all the savvy investors are giving you there top 3 picks for the year!

    https://www.ceo.ca/stockpickingcontest

      Dec 30, 2016 30:39 AM

      One contributor has even built a table for easy reference (but the new picks have not been added yet):

      https://astronomerb.github.io/CEOtable/

      Dec 30, 2016 30:46 AM

      there = their

      Dec 30, 2016 30:20 PM

      Excelsior…If I had to choose a few, whom of those contributors would you tend to pay attention to? Thanks

    Dec 30, 2016 30:45 AM

    China’s yuan suffers biggest one-year loss since 1994
    REUTERS Business News | Fri Dec 30, 2016

    http://www.reuters.com/article/us-china-yuan-idUSKBN14J0QC

    Dec 30, 2016 30:51 AM

    Silver Stocks Under Review — Pan American Silver, Endeavour Silver, Silver Standard Resources, and Fortuna Silver Mines

    NEW YORK, December 30, 2016 /PRNewswire

    http://www.newswire.ca/search-results/news/pan%2520american%2520silver-30-days-page-1-pagesize-20

    Dec 30, 2016 30:03 AM

    This is the Year of Jubilee ……….2017…….”O Jub “will be history 21 days to go….

    Dec 30, 2016 30:55 AM

    Gold Lures Investors Worried About Trade Wars and Trump Tweets
    by Eddie Van Der Walt , Luzi-Ann Javier , and Ranjeetha Pakiam
    December 29, 2016

    https://www.bloomberg.com/news/articles/2016-12-29/trump-twitter-age-brings-chaos-risk-reviving-gold-as-haven-asset