Chris Vermeulen - The Technical Traders – Tue 3 Apr, 2018

To Predict The Upcoming Moves In PMs and Oil Look To The USD and US Markets

Chris Vermeulen, from The Technical Traders shares his outlook for the precious metals and oil by relating how he thinks the USD and US markets will move in the next couple weeks. With the USD rebounding slightly we can expect some more upside. As for the US markets a bounce is also expected as we continue the choppy sideways movement.

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Chris VermeulenCory Fleck
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  1. On April 3, 2018 at 1:02 pm,
    OOTB Jerry says:
    • On April 3, 2018 at 1:03 pm,
      OOTB Jerry says:

      The above has been known for years……..

  2. On April 3, 2018 at 1:37 pm,
    Silverdollar says:
    • On April 3, 2018 at 1:41 pm,
      OOTB Jerry says:

      One thing after another………people have gone mad………

  3. On April 3, 2018 at 5:14 pm,
    Jaco says:

    the fang stocks dragging down the market are heaps of trash. Why would an American citizen want to repurchase facebook when its building a dossier them to sell back to big brother or the highest bidder. why are people such whores for a few bucks? I’d love to see FB go up in smoke like myspace did.

    • On April 4, 2018 at 5:59 am,
      GH says:

      An ongoing ‘shame the dunderheads’ campaign will likely kill FB.

      It must be replaced with a platform built for privacy protection.

      • On April 4, 2018 at 6:10 am,
        OOTB Jerry says:

        FANGs….were False to begin with………way over valued………….jmo

        • On April 4, 2018 at 6:11 am,
          OOTB Jerry says:

          TBTF…….and a FAKE FED……..have caused every bit of this problem……fact.

          • On April 4, 2018 at 6:13 am,
            OOTB Jerry says:

            Every bit of this problem with the stock market….and low interest rates…..

      • On April 4, 2018 at 8:41 am,
        GH says:

        Many people only use FB for light social interaction, and think that is harmless.

        Maybe it is, but you’re still helping people without your best interests at heart to build a profile on you. Don’t underestimate what they can glean.

        As this great post points out, the concern is not only the loss of privacy, but that one’s profile may be used in concert with AI to feed links and create a custom-built artificial reality.

        “The problem with Facebook is not *just* the loss of your privacy and the fact that it can be used as a totalitarian panopticon. The more worrying issue, in my opinion, is its use of digital information consumption as a psychological control vector. Time for a thread”

  4. On April 3, 2018 at 7:38 pm,
    johnnygeneric says:

    The XOI chart is forming a head and shoulders. We can a small rise in oil and then BOOM! Down it will go.

  5. On April 4, 2018 at 5:26 am,
    Excelsior says:

    (ALO) Alio Gold Intersects 2.03 g/t au Over 48.2 Metres at Ana Paula

    by @nasdaq on April 4, 2018

    • On April 4, 2018 at 5:31 am,
      Excelsior says:

      Unloved Gold Juniors Ripe For the Picking

      Ahead of the Herd – 2018 Issue Thirteen
      Saturday March 24th – Richard (Rick) Mills

      “Are you ready for some contrarian investing? If so, today’s junior gold
      market is the place to be. Here you have a sector that has been starved of
      capital both from financial institutions and investors for years, due to the
      gold bear market, with companies trading at much lower valuations than
      they should be if investors were to go by fundamentals. With “blood in the
      streets” of gold mining stocks, now is the time to buy. But not just any gold
      mining company will do. A lot of investors like the producers because they
      have a stream of revenue from metal sales but the producers have a
      problem: they are running out of gold.”

      “This makes junior miners particularly attractive. Not only do juniors offer
      investors the chance for a much bigger return on investment than a mid-tier
      or major, they are also assuming a more important role in the mining food
      chain than previously, by doing the work of exploring and developing new
      deposits that majors require in order to keep producing gold at current
      prices, thus satisfying their shareholders and bankers.”

  6. On April 4, 2018 at 6:04 am,
    OOTB Jerry says:

    Soy Green………..or something like that…………
    Farmers are going to take a big hit…….better figure out what they are going to do with all the extra beans…….Wander about a run on farm land…prices going down?

    • On April 4, 2018 at 6:07 am,
      OOTB Jerry says:

      China has never been out friend……The crooks like BIden and Son….govt insiders given away the store.

      • On April 4, 2018 at 6:08 am,
        OOTB Jerry says:

        out to our

  7. On April 4, 2018 at 6:27 am,
    OOTB Jerry says:

    Platinum starting to look interesting $917…..

  8. On April 4, 2018 at 6:31 am,
    OOTB Jerry says:

    Jobs… up… down……..boomers to dummies……

  9. On April 4, 2018 at 7:06 am,
    Dick Tracy says:

    Something is terribly wrong in the markets, up nearly 400 points yesterday, today down 400 points. Has anybody got shares of Facebook, the brokers shelves will be sagging with unsold securities. I wonder what the wiseacres of Wall Street are doing now? They will undoubtedly be telling the public that the markets are readjusting into a more secure position while they unload their stock. When does it ever change, a shark, is a shark, is a shark. DT

    • On April 4, 2018 at 7:47 am,
      OOTB Jerry says:

      You got that right……………terribly WRONG

      • On April 4, 2018 at 7:47 am,
        OOTB Jerry says:

        And has been for several YEARS…….

  10. On April 4, 2018 at 7:36 am,
    GH says:

    Jeff Kern’s latest

    “You probably just want to know if the gold stocks are now bullish or bearish, but the above disclosures should be educationally-important and I enjoyed describing how the market/nature can do “fake-outs”. The USERX run pattern turned intermediate-term bullish on 3/20/18, but it also just yielded a somewhat bearish 1 Down and 2 little Up run pattern as of 3/26/18 at USERX 7.41. The 3/20/18 bullish run pattern is NOT perfect. SKI is very close to multiple new index signals. THE SKI INDICES ARE NOW OPEN TO A MULTITUDE OF INDEX SIGNAL PATTERNS FOR ANYTHING RANGING FROM A CLASSIC SKI BULL MARKET TO A RENEWED MAJOR DECLINE. For now, SKI makes Jeff recommend cash and patience. The situation is likely to resolve within 1-3 weeks.”

  11. On April 4, 2018 at 7:54 am,
    GH says:

    More on LIBOR and the LIBOR-OIS spread, from Gilbert Groenwegen

    Upshot: “The LIBOR-OIS spread, like the TED spread, tells investors how nervous banks are about each other’s credibility. If LIBOR heads higher, widening the spread to the Fed Funds Rate, it’s a signal of shrinking liquidity and banks back off from credit transactions.”

    This is the third in a series that does a good job pulling together the outlook for the US economy, reserve currency status,etc. The others can be accessed by changing the date in the above link to 032018 and 031718.

    • On April 4, 2018 at 8:05 am,
      GH says:

      r.e. Debt Jubilee from groenwegen:

      “”…imagine worldwide interest rates increasing on average by only 1%. That would mean that global interest charges…will rise by 1% over $230trn [global debt] or $2.3trn ($2300bn), that is an am ount that the world can’t stomach. $2.3trn over global GDP of $80trn is 2.9% that is equal to roughly the projected global GDP growth percentage for 2018;the World Bank is forecasting GDP growth of 3.1% for the world in 2018! In other words the worldwide debts can never be paid back and thus we will face either a debt implosion or the debt will be inflated away or we will get a debt jubilee whereby a lot of debt will be forgiven.”

      Those who argue that a Debt Jubilee is impractical because it would be ‘disruptive’ are arguing that slavery is more convenient.

      Debt Jubilee = bringing the Khazarian Mafia to justice

      • On April 4, 2018 at 8:12 am,
        GH says:

        Oops, should have included this last bit from GG:

        “There is no painless solution. You have to ask yourself what you need to preserve your wealth when the paper money will lose all its credibility.”

        (Regulars at KER surely know this, but I imagine there are always new readers trying to figure things out).

      • On April 4, 2018 at 8:15 am,
        OOTB Jerry says:

        I LOVE A JUBILEE>>>>>>>>>>>> 🙂

        • On April 4, 2018 at 8:17 am,
          OOTB Jerry says:

          GOOD ONE GH>>>>>>I love it when people understand the real meaning of DEBT…..You are very smart, and appreciate the posting……Unlike some on this board who are a LOST BALL IN HIGH WEEDS>>>>>

          • On April 4, 2018 at 8:34 am,
            GH says:

            Thankfully you don’t let it discourage you, OOTB.

            Keep spreading the light.

          • On April 4, 2018 at 9:07 am,
            OOTB Jerry says:

            I have been talking about a DEBT JUBILEE FOR YEARS>>>>>>>I am sure some will confirm this …

          • On April 4, 2018 at 9:08 am,
            OOTB Jerry says:

            Glad to see I am not the only crazy one…….. 🙂

      • On April 4, 2018 at 8:31 am,
        GH says:

        Sorry, it’s just too good:

        “…we witnessed a most troubling double-digit jump in interest expenses on the public debt, which in the month of February jumped to $28.4 billion, up 10.6% from last February”

        “The sharp increase comes as the US public debt rapidly approaches $21 trillion. And with the effective interest rate now rising with every passing month, it is virtually assured that this number will keep rising for the months ahead. Wait till we break the 3% yield on the 10y Treasury and we go to its next technical resistance level of 4.25%”

        “And don’t underestimate that going from 3% to 4.25%, is equal to a 42% increase.”

        “And thus, most likely to still incur a half trillion trade deficit, the USA will need strong capital inflows to compensate for these shortfalls or deficits , because Americans have a very low savings rate (2.7%), in order to prevent the free-fall of the US dollar, because the alternative is monetizing the deficits, which will also result in much higher interest rates. On top of the deficits we have the other factors that are having a tightening effect on the dollar liquidity leading to higher rates: the launch of the Petro-Yuan-Gold contract, the trade tariffs and inflation that seems to be awakening.”

        “It is my strong conviction is that it is just a matter of time before the increased risk in the US markets and the drying up of debt funding from recycled US dollars will push US interest rates up or force the US to monetize the increasing and out of control debt levels. Well both situations are not an expression of fundamental strength hence why I believe that the downside on the US dollar will much higher than the upside.

        I hope that the above mentioned has illustrated why the US dollar and thus the US, who was a major beneficiary of the global trade and FX regime, could be more than ever before on the brink of losing its reserve status.

        What’s coming will be much worse than 2008,everything is converging and is coming to a head. All the tools in the toolbox are exhausted!”

        March 19, 2018
        © Gijsbert Groenewegen

        • On April 4, 2018 at 9:13 am,
          OOTB Jerry says:

          REMEMBER $21 Trillion has been stolen from the PEOPLE’s treasury…….real simple, according to FITTS.

          • On April 4, 2018 at 9:14 am,
            OOTB Jerry says:

            BUSH, OBAMA, CLINTON…….Mafia, and all those associate with them….

          • On April 4, 2018 at 9:40 am,
            CFS says:

            It is NOT accounted for.
            That does NOT mean stolen necessarily.

          • On April 4, 2018 at 10:24 am,
            OOTB Jerry says:

            Go back to sleep

          • On April 4, 2018 at 10:26 am,
            OOTB Jerry says:

            People are still being charged for missing……money……. too funny……

      • On April 4, 2018 at 8:33 am,
        GH says:

        For context regarding GG’s comments on the 10 year US treasury yield, the chart that I occasionally share:

        • On April 4, 2018 at 8:37 am,
          GH says:

          Rocketing LIBOR rate:

          Bankers losing trust in each other.

          • On April 4, 2018 at 12:38 pm,
            OOTB Jerry says:

            Now that is funny………bankersters fraudsters not trusting each other….

      • On April 4, 2018 at 8:44 am,
        GH says:

        First two parts:

      • On April 4, 2018 at 9:05 am,
        OOTB Jerry says:

        EXACTLY…………….growth percentage for 2018;the World Bank is forecasting GDP growth of 3.1% for the world in 2018! In other words the worldwide debts can never be paid back and thus we will face either a debt implosion or the debt will be inflated away or we will get a debt jubilee

  12. On April 4, 2018 at 8:45 am,
    Chartster says:

    Those articles are spot on, GH.

    The rising 3 month libor rate causing credit defaults causing derivative bubble causing market crash causing debt jubilee is real. I’ve never worried about the fake debt caused by the central banks, knowing all along the system change will off-set the debt inherently.

    • On April 4, 2018 at 8:59 am,
      GH says:

      Thanks, Chartster.

      What I worry about regarding the debt is the suffering and potential major wars that it could trigger as a solution is hammered out.

      It’s not as if a positive outcome is guaranteed. Far from it.

      • On April 4, 2018 at 9:10 am,
        OOTB Jerry says:

        OH< my Gosh…….Chartster is aboard……..the Debt Jubilee……. all aboard….. 🙂

      • On April 4, 2018 at 9:11 am,
        OOTB Jerry says:

        The GOvt is so corrupt……..along with the CENTRAL BANKS……it is TIME……END DEBT SLAVERY……..