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Chris and Doc counsel patience, home work and good, old-fashioned investing

Big Al
April 24, 2018

Chris and Doc discuss the overall markets having in the recent past become far more volatile and uncertain. Because of this, in part, it’s a time to be patient and–among other things–to rediscover old-fashioned investing principles.

Both are animated a fair bit by the crude oil market right now; one that may have more opportunity still. Otherwise, most asset classes may still have better entry points down the road.

 

Click download link to listen on this device: Download Show

Discussion
27 Comments
    Apr 24, 2018 24:37 AM

    Good discussion, guys. The thing I find that has all but disappeared is mention of the over-supply of crude that everyone was talking about not too far back. What happened to it? It was supposed to keep prices in check………

      Apr 24, 2018 24:06 PM

      The countries we import oil from have been cutting back production. And, at the rate the US consumes crude oil, any over-supply can be used up in short order. I
      think it used to be known as the Law of Supply and Demand.

    Apr 24, 2018 24:00 AM

    I can’t make this play when I hit the arrow. Can others hear this?

      Apr 24, 2018 24:10 AM

      it is ok,,,,,,check your speaker

        Apr 24, 2018 24:49 PM

        The audio works fine for me, and you can still see the comments while you listen which is nice, instead of it moving over to a dark screen. It may help try updating your flash or audio players or updating your browser.

      Apr 24, 2018 24:07 PM

      It won’t play on my Firefox browser but worked using Safari. Maybe when Cory returns my Firefox will work again.

        Apr 24, 2018 24:06 PM

        Firefox today, Hirefox tomorrow.

        Apr 24, 2018 24:01 PM

        Your online handle on this board is cool, but you’re an iFanboy? Oh, well…
        Just listened to it via Google Chrome in Linux.

    Apr 24, 2018 24:17 AM

    “Operation Crypto Crush!”

    Published on Apr 24, 2018

    In late 2017 a covert operation was carried out by large financial entities to make the price of Bitcoin both quickly rise significantly and then crash violently. This was planned and orchestrated to slow the excitement around the only viable alternative to our current un-backed fiat system. This operation was called “Operation Crypto Crush!”

    https://www.youtube.com/watch?v=j1W1q4pJwfA

    Apr 24, 2018 24:43 AM

    Global Blockchain Adds Former NYMEX Chairman Richard Schaeffer to its Advisory Board and Four New Members to the Laser Network Advisory Board

    https://www.econotimes.com/Global-Blockchain-Adds-Former-NYMEX-Chairman-Richard-Schaeffer-to-its-Advisory-Board-and-Four-New-Members-to-the-Laser-Network-Advisory-Board-1269592

    b
    Apr 24, 2018 24:29 PM

    I wonder what Bob thinks of the developments in bitcoin.
    Funny if 700k turns out to be true.

      Apr 25, 2018 25:54 AM

      With 1752 cliptocurrencies now existing, their future is really easy to forecast.

    Apr 24, 2018 24:42 PM

    Bitcoin training at your local “vape shack”.

    Block chain is here to stay, vapor is not.

    Bitcoin going to 20,000 was everyone getting in. Bitcoin going down was the smart money getting out. But, I’m sure there are other explanations from the, experts?

    Apr 24, 2018 24:52 PM

    Silly Market, Drudge Report reads stocks tank, a 500 point drop in The DJIA in one day is meaningless. It’s like the 1920’s when the combined trading for all the markets in The US was under 16 million shares traded and then that number was broken. It became silly once that had happened to try and track the number of combined shares sold on all exchanges. The normal patterns had been breached so at some point The Niagara falls must happen. Without boundaries it becomes a chicken little game. Cock-a-doodle-do. DT

    Apr 24, 2018 24:58 PM

    “Very Pissed Off” Obama DOJ Made “Dramatic” Call To McCabe To Quash Clinton Probe

    “McCabe thought the call was out of bounds.”

    https://www.zerohedge.com/news/2018-04-24/very-pissed-obama-doj-made-dramatic-call-mccabe-quash-clinton-probe

    Ron
    Apr 24, 2018 24:38 PM

    I can’t download this format for my Ipod.
    I listen on my ipod while driving
    I don’t have time to sit in front of computer and listen
    why is this format different that the others.

    Ron
    Apr 24, 2018 24:39 PM

    can you please go back to the old format
    I can not download this new audio format

      Apr 24, 2018 24:46 PM

      I agree, Please go back to the old format.

    Apr 24, 2018 24:50 PM

    >> On April 23, 2018 at 8:50 pm,
    C Fleck says:

    “I haven’t had time to dive into the results. Our baby was just born!!”

      Apr 24, 2018 24:51 PM

      Cory posted this on the Anaconda blog yesterday so the eagle has landed.

      Congrats to the Fleck household on the new addition to the family!

    Apr 24, 2018 24:27 PM

    Congrats Cory & family.

    Apr 24, 2018 24:26 PM

    Yep, congrats on the new arrival Cory,
    Hope everyone is doing well.
    Its a special time….enjoy it !!
    Cheers.

      Apr 25, 2018 25:28 AM

      Ditto……….

    Apr 25, 2018 25:01 AM

    Yen getting smashed. It’s been straight down the last month.

    Apr 25, 2018 25:24 AM

    I gotta admit the $usdjpy daily chart looks like a very solid base has been put in. Sure this current moonshot will peter out in a couple of weeks, but then what?

    Apr 25, 2018 25:01 AM

    I’ve been mentally prepared for a trip down into the .90 range for AXU for over a year. The 144 WMA at 1.24 and the 233 WMA at 1.12 have got to be realistic targets if silver were to really break down here. I hope it doesn’t come to that but those are realistic targets.

    On the daily chart, I could see the 50 dma getting hit in the very short run. We’ll see.