The Importance Of Deciphering Why Certain Investments Are Moving Higher
Fund Manager Dana Lyons joins me to break down the investing environment we are in right now. With a wide range of sectors heading higher it’s important to understand which sectors are out performing and which are breaking out.
Click here to visit Dana’s free blog.
Click here to visit Dana’s pay site for more actionable trading advice.
And Mr. Big Al Korelin, did you find CFS? What did the commies in Commiefornia do to him?
Anything is possible……health, vacation,or the cia wanted his Picaso…..but, I hope he is ok…..
I bet he’s out there somewhere listening to this sign language interview…
You should have kept the mute on……..I stopped listening at 3min mark…..
like……1048 to 1330…..was not a move……LOL
But , as OWL says,…..we must listen to all……
Dana Lyons…a fund manager out of Chicago you say…well, what does he think of this???
“Illinois Hopes to Fix $134 Billion Pension Shortfall By Issuing More Debt”
https://www.zerohedge.com/news/2019-02-21/illinois-hopes-fix-134-billion-pension-shortfall-issuing-more-debt
I consider relocating if I were him…get the Hell outta Illnoise before you get fleeced even more…
Land of Lincoln logs……..log heads…..Was up there for Val.Day…..Trip was not bad, but, the taxi drivers were all foreigners….Went to see Sarah Brightman, and the crowd of people were nice….Still a lot of good people out there…………JMO
What do my fellow NEM owners think of the plan of Barrick to buy NEM for $19 billion in stock?
Seems to be a story in Africa with Barrick…..and the govt…..anyone following that news…there are some posting at Sinclair’s site…for those interested.
BB, there is nothing like a heavyweight title fight to draw other investors into the gold market. I hope there is a surprise knockout punch to really get a gold market mania happening. LOL! DT
Hi Al / Cory
Vic Sperandeo (Trader Vic) made an interesting observation on the KEReport concerning financing the government deficit. There is a cozy relationship between the Fed, the Treasury and the major banks that allows the government an unlimited supply of financing. The banks can borrow money from the Fed at very low interest rates and buy treasuries at a higher interest rate. The banks do not have to put up any of their own cash and do not have to mark the investment to market because they will hold the treasuries to maturity. The Fed gets their cut, the banks pocket the difference and Treasury is well financed. This relationship seems too good to be true. Has anyone peered into the bank accounts to see how much this facility is being used? Also, it would be interesting to know the spread between what the Fed charges and what the banks receive in interest on their treasury holdings. Maybe Dana Lyons is knowledgeable about this.
Thanks for any feedback
Quite a scam they have going. The banksters make out like…I was going to say bandits but that’s an understatement so I will just say they make out like banksters…and the politicians get money for their endless wars and bread and circuses…
Ditto…….Mike Maloney (sp)…..has done some fine commentary along with easy to understand cartoon.. on the fed….I think his segment no.7….shows just how much of a joke the FRAUD FED and Treasure to be in s on the fractional reserve lending scam.
Here ya go…….
https://www.youtube.com/watch?v=iFDe5kUUyT0
NJ idiot………
https://www.zerohedge.com/news/2019-02-21/nj-bill-would-ban-trump-2020-ballot-unless-he-releases-tax-returns
“They can impose no requirements for a candidate for federal office, let alone president,” he said. “They’re thinking like Alabama Democrats during the Civil War: What can we do to get Lincoln?”
AXU looks like it is going to pull back more in the next couple of weeks–I am not liking the weekly candle so far today. It would have to close at 1.38 or higher for me to change my short term outlook, which doesn’t look likely today.
SLV:GLD daily chart hanging in there. Still looking bullish to me.
“The short-term trend is healthy and this historical comparison is table-pounding bullish.”
— Jordan Roy-Byrne
Jordan did good work in the following piece and I agree with his conclusions completely…
https://thedailygold.com/gold-stocks-are-following-this-historical-template/
Among others, I picked up some HL and ASM today…
http://schrts.co/yQpfgjrT
As an owner of HL I am glad to know that Matthew bought some today.
The larger silver stocks are looking very promising…
SIL:SLV weekly:
http://schrts.co/sKZGvHBh
HL–that’s brave. That has been one little miserable stock.
GPL has been doing quite well, climbing out of that well it fell into. Picked up my latest @ .577.
FWIW, HL was suggested as a good buy to play silver by David Morgan yesterday on KITCO interview……….He pointed out that it had once been a 10 bagger and again a 5 so in a good bull market for silver, it’s a good choice.
Your GPL looks great:
http://schrts.co/uPFuikDp
HL’s weekly chart is appealing and the price is not bad. This is the first time I’ve owned it in years.
Another SIL chart:
http://schrts.co/sEAuCPQZ
FWIW yesterday, Avi Gilburt wrote: So, I am going to let you in on a little secret at this time. If you want to know what is going to happen in the metals complex, it is not the central banks buying you want to watch. Right now, I would be watching Newmont Mining (NYSE:NEM) very closely. As long as it remains below 34.29, it still has potential to strike lower lows below those seen in 2018. However, should you see it break out over that level, it will confirm for me that a bottom has been struck, and we are on the verge of a strong rally about to take hold in the complex.
Meh, TBH NEM would be the last stock I would be looking at. It has outperformed the entire complex for 2.5 years. It’s time for the rest of the sector to play catch up.
Avi is right about the second half of that last sentence!
GCC is at the neckline of an inverted H&S on the daily chart. Just a little further and it will get triggered. who knows, maybe we get a nice close.
Not advice but this looks like a good time to sell some GDX and buy SIL:
http://schrts.co/bUdxiVCX
An important breakout is imminent for the Canadian peso:
http://schrts.co/rRZiaKDF
The yen is holding up:
http://schrts.co/WVgVfEfG
There’s important resistance at about 91.5 next week:
http://schrts.co/fDaZpZqw
And 93.5…
http://schrts.co/UJnfJNtw
AXU attempting to make a late charge. I need to see 1.38+ by the close though to keep the momentum going. Even then, realistically is will likely pull back soon.
GLD likely going to finish the week with a black bodied doji candle. To me the suggests a top, or a consolidation zone even if we go a bit higher in the near term. We’ll see. I’m not trading around any of this noise though.
Well boys, another sign language interview…but I did the translation for you…
http://www.kereport.com/wp-content/uploads/2019-02-21-Dana-Lyons.mp3