Silverdollar,
Because several of us have made our investment fortunes based on long term political analysis rather than short term TA trading.
Different strokes for different folks.

Thanks for the kind words Silverdollar. Yes, personally I feel like we are awash in our daily lives with political rants of all stripes day in and day out, and what gets many listeners and readers interested in the Korelin ECONOMICS Report are the discussions on economics.

If it is a political thread it makes sense to keep economics posts off it vice versa just for some semblance of focus, but if there is a Gold, or Base Metal, or US Dollar, or Crypto, or Mining CEO post, you normally see someone with some completely unrelated news of the day post the famous words…. “Off Topic: These papers just out, or did you hear about the wire tapping, or this political tool will be proven correct because….BLAH….” Their desire to share their pet political opinion or news source that agrees with their view overwhelms their desire to consider what the KER interview was vaguely about. It’s all good, and I got used to skimming over many of the posts years ago, just like people likely skim over mine.

While there is some value to macro politics as to how it may affect the currencies or economies or GDP, the reality is most of the “political” posts have nothing to do with that on here. Most of the political posts are on tweet storms, fringe conspiracy theories, passing nonsense and idiocity of the day from the main stream media (which we already see too much of), bashing one political side of the isle or the other (not understanding it’s all connected to the same cronies and clubs as a 2-headed snake anywa), or embracing one political side of the isle with rose-colored glasses on and blinders on the side.

Most of these “political” posts offer little value to investors (longer term or shorter term), but I guess people find them entertaining. The political posts always have the larger audiences, and if you mix in controversial statements on world leaders, countries, wars, religion, ideologies, and extreme opinions then it creates a spirited debate that usually trails off into huge arguments, posters insulting one another or taking personal stabs instead of debating the topic, and eventually another poster leaves in a huff & pufff never to return. Seems like a terrible idea, but it repeats over and over and over again…..

People will post a controversial thread, that is clearly polarizing, and then people wonder why arguments break out, people get pissed and leave the site. I could see keeping it isolated to certain threads, like how the weekend shows are split into Economics on 1 and Politics on the other, but when the daily editorials become a tossed salad of extreme political rants, most of the economic readers just skip out.

People like to say that politics helps them with investing, but in most successful investors or traders experience, it is only the largest macro trade trends or central bank posturing that has much influence. Again, the majority of the daily posts are just rants, people’s pet opinions, and flavor of the day news blips that offer no investable or economic value. However, Big Al seems to have more passion for political threads than investing threads at this point in his life/career, and it’s his site. What’s good for the goose is good for the gander, and while these posts seem to have no correlation with ANY of the show sponsors, which are ALL resources companies, then it doesn’t seem to make sense to polarize (and lose) half your audience with political posts, but that’s their model and I love em’ anyway.

There are dozens and dozens of people that have written to me privately over at ceo.ca that say they love the interviews or podcasts on the KER but can barely read the blog due to all the political rants, attacks, and extreme political opinions held. I mention that there are many interesting contributors on the economics or resource investing side as well, but they say they don’t feel like looking for gems in the sewer, which seems a bit lazy, but it is hard to get going down a thread on Base Metals or Gold miners, and then hit the equivalent of tabloid journalism or nutty YouTube videos or dubious sourced political or social editorials.

It becomes less of a melting pot, and more of a patchwork quilt. Some squares are interesting, some are horrible, and collectively they make little sense together, but when you roll out the whole quilt you say, well there it is…. another day on the KER. 🙂

Looking at the daily chart, I’d say a decent bounce will start very soon; maybe within a week. Weekly oversold readings that result in a much bigger bounce could be 5 to 8 weeks away.
I won’t be surprised if the bear ultimately takes the Dow well below 14,000.