Rick Ackerman’s Technical Forecasts – Wed 17 Jan, 2018

Updated Targets For Crude, USD, and Gold

Rick Ackerman is with me today to share his thoughts on the oil, USD, and gold charts. Even though he is an admitted crude bear and dollar bull the targets he has are the opposite of those outlooks. As for gold Rick is seeing some higher targets but nothing major for the stocks.

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Featuring:
Rick AckermanCory Fleck
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Comments:
  1. On January 17, 2018 at 11:14 am,
    CFS says:

    http://stockcharts.com/h-sc/ui?s=%24INDU

    Volume is winding up the exit bell.

  2. On January 17, 2018 at 11:24 am,
    Markedtofuture says:

    Reset Rule of Law – Dr. Dave Janda

    Dr. Dave Janda is a radio host and a patriot who is a Washington outsider with insider contacts. Janda says a new Inspector General’s report will be the beginning of the reset of the rule of law. Janda explains, “Comey, Lynch and Clinton are now in the crosshairs, and I believe that’s accurate. Many people believe that the Inspector General’s report was not going to happen and was not going to be turned in. 1.2 million pages were delivered to Congress. . . . The reason why this report is important is, I believe, it will reset the rule of law in this country. The rule of law in this country has been abandoned. It has been massacred by the globalists. That was not by accident–it was by intent. The rule of law was used to persecute people that were freedom fighters and against the globalist system . . . they were shoved to the side, and the globalists, such as the Clintons, the Bushes or the Obamas, or their puppets like Soros, and all these other puppets of the globalists, could act out the globalist game plan. What this Inspector General’s report, I believe and many people believe, will lead to is a significant escalation of what the rule of law should be.”

    Janda goes on to say, “The Inspector General’s report is going to unearth collusion in the Justice Department and the FBI about the possible re-engineering of the election results in 2016. It will show the illegal surveillance, not just of Trump, but of millions of Americans whose 4th amendment rights were violated. It’s going to reopen the Clinton Foundation and their pay-to-play program. Uranium is just a part of that and, remember, 20% of the uranium production in the United States was delivered to Russia. . . . The Inspector General’s report will also open Hillary’s emails.”

    So, are there going to be mass arrests and prosecutions? Janda says, “I believe that it’s going to happen, and I know people are saying that it’s pure fantasy and that it’s just not going to happen. . . . One of most effect control mechanisms is the human trafficking pedophile situation. The media won’t report on this because they are part of it . . . . Look at the CIA’s Operation Mocking Bird where they have infiltrated every aspect of the media to deliver the globalist message. They are complicit in it.”

    There are big changes coming to Washington, and Janda says Americans cannot remain quiet. Janda says, “People cannot be bench players any longer. Everyone listening needs to be calling Congress, Senators, their Governors, and all they have to say is this: We’re watching you, and we want you to finally do what is right for every person in this country.”

    Join Greg Hunter as he goes One-on-One with Dr. Dave Janda, host and creator of the popular radio show “Operation Freedom.”

    https://usawatchdog.com/reset-rule-of-law-dr-dave-janda/

    • On January 17, 2018 at 11:30 am,
      CFS says:

      Unfortunately congress just extended NSA surveillance powers. This swamp is not going to be easily drained.

      • On January 17, 2018 at 12:30 pm,
        OOTB Jerry says:

        Sadly, the sheeple are just too busy to be concerned………

  3. On January 17, 2018 at 11:35 am,
    CFS says:

    Americans are the most stupid drugged society on earth.
    Well maybe that’s an exaggeration. Americans are close to being the most apathetic society on earth, as well as being stupid enough to accept an over-controlling spendthrift, corrupt government.

  4. On January 17, 2018 at 11:38 am,
    Markedtofuture says:

    Oil Speculators Back Up The Truck

    Speculators have established their largest ever net long position in crude oil futures; are they about to get drilled?

    https://www.zerohedge.com/news/2018-01-17/oil-speculators-back-truck

  5. On January 17, 2018 at 11:41 am,
    Markedtofuture says:

    Stock Market Optimism Hits Highest Level Since Crash Of 1987; 8 in 10 Expect Higher Stocks In Q1

    “In 1987 stocks crashed a few months after that. A repeat of that scenario suggests potential danger, especially as the market moves become parabolic. Those recently holding cash appear to be chasing a rallying market, adding fuel to the fire.”

    https://www.zerohedge.com/news/2018-01-17/stock-market-optimism-hits-highest-level-crash-1987-8-10-expect-higher-stocks-q1

  6. On January 17, 2018 at 11:43 am,
    CFS says:

    Report over a million pages!

    Have you ever read a million pages?

    Even years ago, when my sight was better, it would take me 1.5 years.

    • On January 17, 2018 at 11:49 am,
      CFS says:

      the executive order mentioned on USAWatchdog is:

      EO 13818:
      Blocking the Property of Persons Involved in Serious Human Rights Abuse or Corruption
      Signed:12/20/2017Published:12/26/2017 FR Citation:82 FR 60839FR Doc. Number:2017-27925 PDF 5 pages

  7. On January 17, 2018 at 12:26 pm,
    Excelsior says:

    US Uranium Producers Call For Level Playing Field
    17 January 2018

    “The USA’s two main uranium producers yesterday filed a petition with the US Department of Commerce (DOC) seeking an investigation into the effects of uranium imports on US national security. Energy Fuels Inc and Ur-Energy are calling for a limit to imports that would reserve 25% of the US nuclear market for domestic uranium production.”

    http://www.world-nuclear-news.org/UF-US-uranium-producers-call-for-level-playing-field-1701188.html

    • On January 17, 2018 at 2:39 pm,
      Excelsior says:

      Lithium Producer Orocobre to Sell 15-percent Stake to Toyota
      Priscila Barrera • January 16, 2018

      The Australian miner will sell the stake to Toyota’s trading arm for AU$292 million, according to a Tuesday news release.

      https://investingnews.com/daily/resource-investing/energy-investing/lithium-investing/orocobre-sell-stake-toyota/

    • On January 17, 2018 at 2:54 pm,
      Mike says:

      Excelsior … I saw this news, but don’t hold out a lot of hope for any action (unless there is some grease applied to palms, as they say).

      It seems to me that the the spot price will be in the drivers seat until something else takes the wheel.

      This video is encouraging: “A Turning Point in the Nuclear Industry?”
      https://www.youtube.com/watch?v=MbdhcNbTMZ4

      Of course, this video will come as nothing new to you, as you know all of the details shared in it … do you have any opinion of U308 Corp, which is discussed?
      (looks pretty interesting, from the corporate presentation, but haven’t seen much discussed about the company).

      Anyway, much enthused (been adding to ANLDD lately).

      • On January 17, 2018 at 3:18 pm,
        Excelsior says:

        It is an interesting notion that 25% of US Uranium purchases would be from a domestic source, assisting jobs & the “buy in America” theme, but I’m not sure it would be implemented.

        The best way the US to help is to quit dumping so much secondary supply of uranium on the spot markets, but the DOE has reported most of that has been curtailed back.

        Also the Underfeeders in Russia have used up many of their resources in this low price environment, but there is only so long they can squeeze the lemon.

        This means it is time to renegotiate longer term off-take agreements, and this is really what is required to start moving the needle on the whole sector. It would seem that UUUU and URG are just trying to get out in front of that process with urge to have utility companies buy from domestic sources. Smart.

        As for U308 Corp, I like it and have followed it for years, but don’t own it. Is has the potential to really run on a percentage basis, but then again, so do most of these Jr uranium miners. When they move….. they MOVE !!

        Yes, Anfield Energy Inc has now restructured their share count, put out the first 3 resources of 24 deposits, and have made headway on their other Vanadium resources. I believe it could smoke most of the sector in returns once the market finally catches on to them having many of the old Uranium One assets and mills.

        Fun times!

  8. On January 17, 2018 at 6:30 pm,
    Excelsior says:

    Making new plans, setting new priorities
    January 12, 2018 – T Boone Pickens

    http://www.boonepickens.com/2018/01/making-new-plans-setting-new-priorities/

    • On January 18, 2018 at 9:32 am,
      Excelsior says:

      Mr Pickens is calling it quits at 89.

      Who will the new go-to expert be in the Oil patch?

      (please tell me it isn’t going to be Dennis Gartman)