Looking at Huawei’s roll in the US/China trade war
Chris Temple, Founder of The National Investor joins me to look into the news regarding Huawei which is all very connected to the ongoing trade war. We also look into the sectors that will be impacted the most by a trade war that seems like it could go on for a while.
intellectual theft…..
The US corporations are to blame on that one.
They willfully gave the intellectual rights away, in order to gain market share in the Chinese market, that was over 10 yrs. ago….What did they think,they didn’t think , because greed took over.
Most people at the upper levels of corporate leadership have little idea just what their engineers and technicians do, nor the value of their intellectual property. They gladly give it away for a fast buck.
+1
No idea what happens with silver, but $16 looks like a lifetime away at this point. And the idea of silver actually making a higher high seems like a fantasy. It’s been absolute misery for 3 years running now.
There just isn’t a catalyst for a move higher. MAYBE if the Fed cranks up QE again, but there is zero probability of that happening with the US stock indexes a mere handful of percent from their all time highs. So easy to see silver just continuing to drift lower for years. Yes, silver is oversold on the weekly chart, but a lot of damage can still be inflicted while it is oversold. And even when it bounces, it is hard to envision it taking out $16 unless something radically changes fundamentally.
HL continues to get hammered, down over 5% today.
I don’t know if I have ever seen a more miserable weekly chart in my investing lifetime, and I’ve been at it since around 2000. I mean, how dumb was the market in running it up in 2016? Jeezus.
A new 10 year low today. This is screaming silver bull, isn’t it?
I took a flier on HL at $1.75 and I am glad it was just a flier. Definition of a falling knife. With all of the damage that has been inflicted, it is hard to imagine this one forming anything like a V-shaped recovery. More likely it will continue to drift downwards for weeks more, eventually make a lower low and then finally rally back to the 20 WMA. Who knows though. Just a god-awful stock. It’s probably leading the way for the rest of the sector.
gold up, silver up, SIL and SILJ down. Good stuff.
Thank you both for the discussion. This subject should be up more often. I’d put my money on China because of their looking at the long term. American corporate leadership thinks only about the next quarter and what their bonus will be. Hate to disclose those feelings but reality leaves me no choice. JMO
China will win with the help of the world’s globalists which include America’s corporate leadership. The plans are more about total control than just profits.
We got along just fine before China…..we need to get back in that position…jmo
$gold put in another black candle on the daily chart. This is an extremely reliable sell signal.
What’s gold going to be down tomorrow? Around a buck, $5-10, or more than $10? Give me more than $10 Alex.
Didn’t realize how ugly GDXJ’s weekly candle from last week looks.
Down she goes. A very sharp decline is almost guaranteed this week. Looks like 2013 to me.
The black candles on the GDXJ daily chart from Dec. 3, 4, and 6 say we are going sub $27, likely within days. It’s anyone’s guess where it stops. 100% retracement to the 2016 low here we come! HL lead the way.
As we potentially *begin* a sharp decline in miners, the slope of hope will get more and more extreme and the bottom callers more and more delusional.
The U.S. has a serious problem with intellectual theft.
It has a further problem that the level of Chinese cohesive society and morality is contrary to the open nature of Western society. It may well be the case that we cannot “just get along”.