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The road ahead for the US Markets and Gold

Cory
August 17, 2017

Rick Ackerman is joining me today with comments on the US equity markets and gold. He provides some general comments on what could drive markets and why he thinks a correction (possibly collapse) is coming. As for gold we get specific higher and lower targets to watch for the next breakout.

Click here to visit Rick’s website for more of his technical commentary.

Click download link to listen on this device: Download Show

Discussion
35 Comments
    CFS
    Aug 17, 2017 17:45 AM

    Well said, Mr. Ackerman.

    Aug 17, 2017 17:50 AM

    Bolder….rolling down hill……..for the real estate market…..

      Aug 17, 2017 17:50 AM

      Rents are out of hand …..just about everywhere….

    Aug 17, 2017 17:56 AM

    Projects to basically the 100 day MA.

    CFS
    Aug 17, 2017 17:04 AM

    Meanwhile in Barcelona, one of my favorite cities, D*mn Terrorists again:
    http://www.telegraph.co.uk/news/2017/08/17/van-ploughs-crowd-barcelona1/

    CFS
    Aug 17, 2017 17:19 AM

    Why the US economy s*cks.

    http://www.cnsnews.com/news/article/terence-p-jeffrey/391-cbo-says-us-has-highest-top-statutory-corporate-tax-rate-g20

    The government is simply too greedy! Blood-sucking the nation into oblivion.

      Aug 17, 2017 17:23 AM

      END THE FED…….and they will not be so HIGH…….

        Aug 17, 2017 17:25 AM

        DEBT Jubilee coming from all the sheeple……with sky high rents……It is coming Bankruptcies are about to explode.

    Aug 17, 2017 17:20 AM
      Aug 17, 2017 17:21 AM

      Sorry ass excuse for a leader……

        Aug 17, 2017 17:22 AM

        Tear down all the ROMAN COLUMNS…..nut job……

    b
    Aug 17, 2017 17:04 AM

    Its official
    ALERT: Major Catalyst About To Send Silver Price Surging Above $20!
    Great time to buy.

    kwn of course

      Aug 17, 2017 17:41 AM

      King worth nothing…… 🙂

    Aug 17, 2017 17:05 AM

    “Start Throwing Rocks”: Washington Post Op-Ed Calls For More Violence In The Streets

    “Segregationists have again assumed their pedestals in the Justice Department, the White House and many other American temples. Paper alone won’t drive them out. Start throwing rocks…”

      Aug 17, 2017 17:42 AM

      time to Rock and Roll………

    Aug 17, 2017 17:10 AM

    New york paid talking heads on a roll today…Soro’s should be firing up the demonstration busses. 25.00 an hour the going protest rate with expenses.

    Why Was This ‘Crowd Hire’ Company Recruiting $25 An Hour ‘Political Activists’ In Charlotte Last Week?

    http://www.zerohedge.com/news/2017-08-16/why-was-crowd-hire-company-recruiting-25-hour-political-activists-charlotte-last-wee

    CNN’s Chris Cuomo: “Extreme Right Is The Number One Domestic Terror Threat In The U.S.”

    “Just look at the stats. The number one domestic terror threat in the U.S. is the extreme right. There is not even a close second.

    zerohedge cnns-chris-cuomo-extreme-right-number-one-domestic-terror-threat-us

      CFS
      Aug 17, 2017 17:38 AM

      Chris Cuomo is an evil marxist idiot. Part of the “establishment” of liars.

    Aug 17, 2017 17:43 AM

    I am thinking of starting a hate group……….silver hater.commie

      Aug 17, 2017 17:45 AM

      or KKK…….kome king koin……..

    Aug 17, 2017 17:47 AM

    GCC putting in a little hollow red candle today. That’s a positive sign I suppose. It’s the opposite of a black candle, literally.

    CFS
    Aug 17, 2017 17:48 AM

    I notice there were small knockdowns today in both Gold and Silver just before the London close, so at least some of the bankers are still at it.
    I wonder if that implies that some of the better mining shares might perform better than the metals themselves until the bankers give up manipulation.

    Mcalvany is pushing the metals including Pt, Pd again…..with the usual justification.
    https://www.youtube.com/watch?v=USCyH4rDG60

      Aug 17, 2017 17:51 AM

      Central banks will be at it, till they are dead………

    Aug 17, 2017 17:52 AM

    Six Precious Metal Explorers that May Hit It Big This Summer

    Summer is the season for drilling, and with the uptick in the precious metals market since 2016, companies are finally able to have the budgets to properly explore their prospects, says Brien Lundin, editor of Gold Newsletter and organizer of the annual New Orleans Investment Conference. Positive results can mean a bump up in share prices, and Lundin discusses six companies that have been releasing good news this summer.

    https://www.theaureport.com/pub/na/17635

    CFS
    Aug 17, 2017 17:05 PM

    Jim Willie:
    https://www.youtube.com/watch?v=TA8P1hYEEZ0

    Jim Willie may understand economics, but he doesn’t understand cryptos.
    Yes, there is a possible problem in cryptography, but as the recent fork of bitcoin and bicoin cash demonstrated, there is an easy solution.
    If the the level of encryption is not high enough, the simple solution is a fork to higher encryption.
    So BTC, despite early mover advantage, may not be the ultimate currency…..one of its off-spring by forking with higher open-source code encryption may be.
    But so what?

      Aug 17, 2017 17:09 PM

      Seems Jim was down on cryptos 6 months ago….maybe the “Voice” didn’t speak to him…

        CFS
        Aug 17, 2017 17:04 PM

        He’s ramping up his knowledge fast.

      Aug 17, 2017 17:10 PM

      Jim Willie Really ! ? A new terror Attacks in Barcelona CFS ! No WW3 only Destroy the West !

      Aug 17, 2017 17:46 PM

      Kinda makes you wonder who’s been buying his newsletter.

    Aug 17, 2017 17:51 PM

    Ricks call for the 1302 as an important level is spot on. Look at at the energy that has been expended in the last six months at this level.
    Money flows from the Bond market could be the catalyst that gives Gold the push through the 1300 level.
    http://stockcharts.com/h-sc/ui?s=%24GOLD

    Aug 17, 2017 17:43 PM

    Gold has been so unpredictable . Even crazy Trump babble has only helped it move a smidge. . Lots of world troubles , but no good alternatives to stocks, not yet. Pence may deffer to Ryan when 25th amendment or Impeachment happens . Pray for sanity.

    Aug 17, 2017 17:18 PM

    The deep state is out of control and desperate, because “sanity is coming”.

    Aug 17, 2017 17:24 PM

    Yep Jim Willie, KWN et al are more often than not just noise. Sometimes entertaining but rarely right