Richard Postma - The Doctor Is In – Fri 8 Dec, 2017

Gold – The Fed Rate Hike and Correlation With The USD

Doc joins me today to focus on gold in terms of the upcoming rate hike and its recent inverse correlation with the US dollar. Many gold bulls are pointing to next week when the Fed raises rates as a time when gold will bottom. This has happened the last 2 years but as doc notes the bounces have gotten weaker. As the the US dollar, when it bottomed in September gold topped at the exact same time. Since then it has been gold lower and dollar higher.

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  1. On December 8, 2017 at 11:07 am,
    pardu says:

    Doc, what do you think of Pan Orient Energy POEFF? Is it a good buy at .98 going forward into 2018?

    • On December 8, 2017 at 11:50 am,
      RICHARD/DOC says:

      Pardu, I can’t talk to the fundamentals but as far as the technicals are concerned, it looks pretty good. On the monthly, it’s sitting right at the lower BB and doesn’t appear to have much downside though it could move back to 1 again.

      • On December 8, 2017 at 11:51 am,
        RICHARD/DOC says:

        1 on poe.v

  2. On December 8, 2017 at 11:35 am,
    bonzo barzini says:

    Stick with Pan Am, TWA, Eastern Airlines, and Braniff. They can’t go any lower.

    • On December 8, 2017 at 12:18 pm,
      RICHARD/DOC says:

      BB; I can’t find those symbols.

      • On December 8, 2017 at 12:32 pm,
        bonzo barzini says:

        Those are all old airlines that went belly up.

        • On December 8, 2017 at 1:14 pm,
          Excelsior says:

          The Aviator | ‘Smoke & Mirrors’ Leonardo DiCaprio, Alec Baldwin

          “With both his business and mental health in a downward spiral, Howard (Leonardo DiCaprio) still refuses to sell TWA to Juan (Alec Baldwin) of Pan Am.

        • On December 8, 2017 at 1:28 pm,
          RICHARD/DOC says:

          BB; I don’t want you to think the good doctor is not on top of things—I’m old enough to remember those dinosaurs and their demise—I was tongue in cheek.

          • On December 8, 2017 at 3:00 pm,
            bonzo barzini says:

            Doc, that’s a relief!

  3. On December 8, 2017 at 12:58 pm,
    OOTB Jerry says:

    You have to be joking………………..Mueller’s right hand man….and Hilly’s server

    • On December 8, 2017 at 1:00 pm,
      OOTB Jerry says:

      Fox News host Tucker Carlson has obtained documents which reveal Aaron Zebley, considered to be Special Counsel Robert Mueller’s “right hand man,” defended Hillary Clinton IT staffer Justin Cooper – a Bill Clinton aide that installed the “private, illegal” server in the Clintons’ Chappaqua home described by Politico as “jerry-rigged.”

      • On December 8, 2017 at 1:02 pm,
        OOTB Jerry says:

        They should just arrest MUELLER NOW…………Where is the DOJ

    • On December 8, 2017 at 1:53 pm,
      OOTB Jerry says:

      I posted this before , I had an opportunity to hear Ullman…….

  4. On December 8, 2017 at 1:06 pm,
    OOTB Jerry says:
    • On December 8, 2017 at 1:11 pm,
      OOTB Jerry says:

      Fox News reported:

      Initially senior department officials could not provide the reason for Ohr’s demotion, but Fox News has learned that evidence collected by the House Permanent Select Committee on Intelligence (HPSCI), chaired by Rep. Devin Nunes, R-Calif., indicates that Ohr met during the 2016 campaign with Christopher Steele, the former British spy who authored the “dossier.”

      Later, a Justice Department official told Fox News: “It is unusual for anyone to wear two hats as he has done recently. This person is going to go back to a single focus—director of our organized crime and drug enforcement unit. As you know, combating transnational criminal organizations and drug trafficking is a top priority for the attorney general.”

      Additionally, House investigators have determined that Ohr met shortly after the election with Glenn Simpson, the founder of Fusion GPS – the opposition research firm that hired Steele to compile the dossier with funds supplied by the Hillary Clinton campaign and the Democratic National Committee.

      By that point, according to published reports, the dossier had been in the hands of the FBI, which exists under the aegis of DOJ, for some five months, and the surveillance on Carter Page, an adviser to the Trump campaign, had started more than two months prior.
      The DOJ, as well as Robert Mueller’s deep state led investigation, had previously covered up Ohr’s anti-Trump activities and would most likely have continued doing so if not for the reporting of James Rosen.

  5. On December 8, 2017 at 2:55 pm,
    CFS says:

    A Republican discussion of the Trump tax bills.