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Is this the euphoric stage for the US equity markets?

Cory
April 4, 2017

The focus is on the broad averages today but using Amazon as a barometer for future moves. Rick Ackerman discusses why he uses Amazon to tell the direction of the markets and shares his targets which include levels much higher than the current highs. We also touch on gold stating that gold continues to look strong but has yet to breakout.

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Discussion
22 Comments
    CFS
    Apr 04, 2017 04:24 AM

    Off Topic:
    But a good political summary:
    http://www.informationclearinghouse.info/46775.htm

    Apr 04, 2017 04:37 AM

    (NMX) (NMKEF) Nemaska Lithium Provides Update on Lithium Concentrate Production and Phase 1 Plant Commissioning –
    April 4th, 2017

    https://www.juniorminingnetwork.com/junior-miner-news/press-releases/940-tsx/nmx/30981-nemaska-lithium-provides-update-on-lithium-concentrate-production-and-phase-1-plant-commissioning.html

    Apr 04, 2017 04:39 AM

    Tudor Gold Corp.: Treaty Creek Project Update
    (Marketwired – April 4, 2017)

    “The Tudor Gold Treaty Creek project is a 60:20:20 joint venture with Teuton Resources Inc. and American Creek Resources Ltd. (Tudor Gold is the operator). The Treaty Creek claims are located in an area of northwestern British Columbia known as the “Golden Triangle”; an area that has been the focus of exploration and mining for well over a century. The southern boundary of the Tudor Gold claims is adjacent to the claims of Seabridge Gold Inc. where the Kerr, Sulphurets, Mitchell, and Iron Cap deposits have proven and probable reserves in excess of 38.8 million ounces of gold, 183 million ounces of silver and 10.155 billion pounds of copper…”

    http://www.marketwired.com/press-release/-2207620.htm

    Apr 04, 2017 04:43 AM

    Silver Near Key Technical Breakout as Producers Increase Hedges
    by Ceo Technician – April 3rd, 2017

    http://energyandgold.com/2017/04/03/silver-near-key-technical-breakout-as-producers-increase-hedges/

      Apr 04, 2017 04:06 AM

      BRIXTON METALS CLOSES $1.8M FIRST TRANCHE OF PRIVATE PLACEMENT AND PROVIDES CORPORATE UPDATES
      April 4, 2017 – Brixton Metals Corporation (BBB)(BXTMF)

      * About Brixton Metals Corporation

      Brixton is a Canadian exploration and development company focused on the advancement of its gold and silver projects toward feasibility.

      Brixton wholly owns 2 past producers of high-grade silver within the Silver-Cobalt Camp of Ontario. The Langis mine produced 10.4Moz of silver at 25 oz/t Ag and 358,340 pounds of cobalt, the Hudson Bay mine produced 6.4Moz of silver at 123 oz/t Ag and 185,570 pounds of cobalt. The projects are located 500 km north of Toronto, Canada. The high-grade silver mineralization occurs as moderate-steeply-dipping veins within any of the three main rock types; Archean volcanics, Coleman Member sediments and Nipissing diabase.

      The 996 SQ/KM, wholly owned Thorn Project is located in northwestern British Columbia, Canada, approximately 105 km ENE from Juneau, AK. The Thorn project hosts a district scale gold-silver trend associated with Triassic to Eocene volcano-plutonic complex. A series of long- lived mineralizing events has been identified related to porphyry and epithermal environments. Targets include high-grade gold-silver underground and large-scale open pit gold type targets.”

      http://brixtonmetals.com/brixton-metals-closes-1-8m-first-tranche-of-private-placement-and-provides-corporate-updates/

    Apr 04, 2017 04:19 AM

    Rick’s comments on the general markets and their up movements having little to do with Trump, politics, news or other outside events equates nicely to the thoughts that Avi Gilbert writes about in the following: http://news.goldseek.com/GoldSeek/1491314760.php
    Apparently conventional stocks indices will go on and on until they don’t. At that point we’ll reanalyze. If we ever reach those upper bounds, everybody will be in with their own savings and everything they can borrow from their mother-in-law and kid’s savings. On the way down, it’s going to create one hellava splash. I personally plan on avoiding the tsunami it will create. JMO

      Apr 04, 2017 04:25 AM

      You could short the markets at that time and surf the tsunami…..

    b
    Apr 04, 2017 04:26 AM

    1275 target for gold, pretty much the exact opposite as what Docs been saying.
    odds are the doldrums take affect, maybe Doc gets accurate in May?

    Apr 04, 2017 04:52 AM

    Wow Carter Page more revelations he was heavy involved with Russ and was even targeted by them as a recruit influence person. More interesting would be a full financial report or Trump and his corporation. Obviously being a privately held corp. measns no requirement for public reporting and 19 people or less hold stock in Trump Organization . Heavy rumors on Wall Street are that Trump owes millions or even a few Billion , As mortgages on his propertys to at least one russian billionaire . Today Trump once again talks about a massive Infrestructure rebuild of america led by Fed Gov. No word whatsoever about how this would be paid for . He has proposed no new tax source to pay for this . My idea of massive new gas and deisel fuel tax to pay for this probably would not pass congress, unless Trump offers Dems something important. otherwise wewill have a massive budget shortfall. best of health and wealth S

    Apr 05, 2017 05:39 AM

    We live in a world of deceit ……….anyone thinking big govt is going to help anyone is a…..lost ball in high weeds. Freedom does not come from taxation.