Chris Vermeulen - The Gold and Oil Guy – Tue 8 Aug, 2017

The potential of metals pulling back to the 2015 lows

The Gold and Oil Guy Chris Vermeulen shares his thoughts on the summer doldrums and the warning signs he is seeing for the metals. With the USD bouncing after coming very close to breaking to a 2 and a half year low and the US equity markets continuing to move higher Chris thinks investors could shun the metals again if this continues. He is not guaranteeing a breakdown in the metals to their 2015/2016 lows but he is not ruling it out.

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Featuring:
Chris VermeulenCory Fleck
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Comments:
  1. On August 8, 2017 at 12:21 pm,
    CFS says:

    Kirkland Lake drills 33.6m of 338 g/t Au at Fosterville

    2017-08-08 06:39 ET – News Release

    Mr. Tony Makuch reports

    KIRKLAND LAKE GOLD REPORTS ADDITIONAL HIGH-GRADE DRILL RESULTS AT FOSTERVILLE, CONTINUES TO DEMONSTRATE GROWTH POTENTIAL OF SWAN ZONE

  2. On August 8, 2017 at 12:25 pm,
    CFS says:

    We clearly have corrupt morons dominating Congress:

    https://dailyreckoning.com/now-trade-war-shooting-war-next/

    • On August 8, 2017 at 12:45 pm,
      OOTB Jerry says:

      I am surprised , there are not more riots in the streets……..although, St.Louis has gone hot, the State Troopers moving into the city, to assist the City Police.

    • On August 8, 2017 at 12:49 pm,
      OOTB Jerry says:

      Trump to Kim………”hot and furious, like you have never seen before”…zh

  3. On August 8, 2017 at 12:47 pm,
    Markedtofuture says:

    Trump Threatens North Korea With “Fire And Fury Like The World Has Never Seen Before”

    Speaking at a press event at his golf resort in Bedminster, N.J., President Trump offered a stern warning to the rogue dictator of North Korea, Kim Jong Un, saying that he “best not make any more threats to the United States” or they “will be met with fire and fury like the world has never seen.” Per Bloomberg:

    http://www.zerohedge.com/news/2017-08-08/trump-threatens-north-korea-fire-and-fury-world-has-never-seen

    • On August 8, 2017 at 12:51 pm,
      OOTB Jerry says:

      Kim’s days are numbered……….the UN is backing Trump……15 to 0……Kim better get in his hidy hole……..

  4. On August 8, 2017 at 12:51 pm,
    Matthew says:

    I think Ross Clark is still too cautious about the loonie. It looks like it is getting ready for another push higher before it finally takes an extended break. At the least, I bet it will test the recent high.

    http://stockcharts.com/h-sc/ui?s=%24CDW&p=W&b=5&g=0&id=p36371369087

    *I have already sold most of my $CAD for $USD.

  5. On August 8, 2017 at 2:21 pm,
    CFS says:

    God save us from ignorant people who use threats and bluster in this day and age without realizing the weapons any potential enemy may have.

    Iran, North Korea and Pakistan have been exchanging information with regard to missile and bomb technology.
    In this and succeeding posts I will indicate just some of the capability they have with regard to nuclear technology.

    In addition to older design bombe such as the normal fission and fusion bombs, they have newer versions such as dirty bombs, EMP bombs and neutron bombs.
    These bombs vary from quite small (often called suitcase size) to quite large, but MAKE NO MISTAKE they have the ability to deliver these by satellite and submarine for sure, and N. Korea now also appears to have the capability by ICBM.
    First the small (localized) neutron bomb:
    Here is Pakistan’s bomb, which they have not used because India developed a similar bomb almost simultaneously.
    https://www.youtube.com/watch?v=NhbPEqcNvQo

  6. On August 8, 2017 at 2:23 pm,
    CFS says:

    https://www.youtube.com/watch?v=0Tx983al3N0

    Pakistan and N. Korean collusion.

  7. On August 8, 2017 at 2:27 pm,
    CFS says:

    Here is why Pakistan did not use a neutron bomb against India.

    https://www.youtube.com/watch?v=E573r7gH-2Y

  8. On August 8, 2017 at 2:39 pm,
    CFS says:

    N. Korean EMP capability:

    https://www.youtube.com/watch?v=iFJEJkMLzeg

    Confirmed by CIA.

  9. On August 8, 2017 at 4:20 pm,
    OOTB Jerry says:

    Kim……..might bomb Guam……..so he says……..

  10. On August 8, 2017 at 5:10 pm,
    Ozibatla says:

    I just witnessed what Trump said and it was quite cringe worthy. Its almost as if hes reading off an actors script. Such lines and quotes surely dont belong on the worlds political stage. Warranted or not, such behaviour is reckless and purposely provocative.

  11. On August 9, 2017 at 1:27 am,
    Tad says:

    Thanks Chris & Cory. Very interesting discussion.
    I’m sure there are a lot of us still waiting for one last crush below $1,200 & $15 on the metals….