Inverse Bets Continue To Pay Off
Sean Brodrick, Natural Resource Analysts at Weiss Group outlines how the inverse bets continue to pay off in the US markets. He also points out that on these shortened trading weeks with low volume you should not put too much weight into the moves. Another sector that Sean has been bullish on is Uranium. We get an update here as well as for the precious metals.
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Here is a very good technical reason to adopt a constructive attitude toward gold despite the fact that its nominal price in USD terms is seemingly not going anywhere of late. By remaining fairly stable in recent weeks, gold is rising relative to the S&P 500 index (SPX). In other words, the purchasing power of gold is increasing – and not only relative to the stock market. Similar trend changes can be observed elsewhere (e.g. in gold vs. industrial commodities). We will soon discuss this in greater detail. [PT]
The European Union ! EU is building a European Army in full swing ! You smile the coffee ! And the UK is part off it !!!!! GOD Helpe us !!!!
Enjoy listening to Sean, always by how excited he gets just listening to his own conversation (meant in a smiley way).
On Cory’s interview of 10/24 I remember Sean said we’d see $1500 gold in six months. Still waiting to see if he called it. If so, he’s one of a few who we should be listening to. Most are still looking for “one more” down draft. I’m betting on people like Sean. jmo
Here we go………….maybe……
https://www.zerohedge.com/news/2018-11-21/weiner-buying-gold-non-expiring-hedge