Seasonality for gold not in the picture for June
John Rubino joins me today to share his thoughts on the precious metals. While it is still very early in the month John mentioned that June is typically the worst month for gold however we are off to a very good start.
Interesting…
I still think when Jesus said he would be with us until the end of the age he meant the age of Pisces.
After Christianity Islam becomes dominant.
Looks like its happening to me.
Isis is Islam and we support the heck outta them.
Its Assad defending Christianity in Syria and we all know he’s a bad guy.
If ya look around its obvious Islam is taking over, if ya cant beat ’em join ’em, convert. 😉
Go for it……… 🙂
Not going to happen…. 🙂
Did you see any women in the crowd…..
“age”..you are half right…..
http://www.acts17-11.com/end.html
b, you are correct.
Which part?
My guess is doc agrees that Islam is becoming the dominant god of abraham religion.
I know Jerry, you and I disagree on the “age” thing.
Matthew 24:36 King James Version (KJV)
36 But of that day and hour knoweth no man, no, not the angels of heaven, but my Father only.
I dont think we need the day or hour, we see it happening in real time.
To figure it out just calculate the birth rates, kinda like dd. 😉
Birth rates….can change in a heartbeat…….especially, with the over turn of Roe vs Wade
You might just see a reversal in those numbers, as people start seeing all those rugs on the street.
Rugs on the street might be an issue, but they wont mean white babies born.
The only way I see christianity keeping up with Moslem in n america is a massive increase of s. americans to the states.
Oh wait, people dont want the immigration. 😉
Build the wall, keep them christians out.
Islam is an intolerant abomination; not a religion, in any sane definition of religion, but a club for sexist current-day slave-holders.
Thats so funny, I got married baptist, and my wife had to swear to obey. lol
My dishes were never dirty. 😉
There are huge similarities between those 3 religions, Jew,Moslem and Christianity.
Maybe because they are all god of abraham, just a guess.
I think they are as dif from each other as baptist and jehovah,penticostal and morman and there are about another how many christian groups?
Each one having the correct understanding, same as Jews figure they have it correct and Moslems figure they have it correct.
Holy cow, another common denominator.
Just funny, Putin promotes Christianity big time in Russia, and he is another bad guy.
Look around, which side are we on?, especially when half the Christians in america are Christians for Israel. Just funny.
Not even Putin believes it is reasonable to sexually mutilate young girls.
CFS:
You are frothing at the mouth again and showing your true colors. But it’s ok, I suppose to sexually mutilate young male babies. And since when did Zionism become a tolerant abomination rather than a bloodthirsty cult?
Moriarty, can you name one Christian or Jewish majority country that holds slave auctions in ths day and era, or does not allow women to drive ?
CFS:
Name any religion or branch of any religion that isn’t goofy in one way or another. You decry female sexual mutilation because it’s Muslims who do it but accept male sexual mutilation because it’s Jews and Christian doing it. Good for the goose, good for the gander.
Not EVEN Putin?
Thats funny, Putin is one of the most upstanding moral criminals a person could want to run a nation.
Heck, he just saved the Snow Leopard and Siberian Tiger from extinction, he wants to grow enough food to feed the entire planet without chemicals, they raise insects as the world is running out.
Ya Putin is horrible, there is alot of things happening in Russia that benefit the entire planet and you never hear about it.
Where are you getting your info from cfs?
Besides, as long as you support Israel your complaints of Moslems is BS, Israel supports isis big time, so you cant really say you oppose the wacko Moslem treatment of women.
But to each his own.
b,don’t put words in my mouth.
I did not say Putin was a good guy.
I am saying even someone as evil as Putin does not think it reasonable to mutilate young girls.
I dont put words in your mouth.
What I was saying is your concern for the treatment of women doesnt wash when you support isis.
Which you do by supporting Israel.
Now thats ok, we support isis, its Russia,Syria,Hezzbollah,Hamas and Iran that work to eliminate isis.
As you say, Putin and the rest of them are bad guys, we are the good guys.
Always been that way, always will be.
I cannot remember ever making a statement supporting ISIS in any way.
I am opposed to Islam, I am opposed to terrorism. I am opposed to caliphates. Why would I ever think of being pro-ISIS?
I have even suggested that people going to the Middle East to fight for ISIS should be stripped of citizenship or treated as traitors. Does this sound like I support ISIS?
When you support Israel, you are supporting isis.
Some journalists that cover the situation in the middle east have said “Israel IS isis” thats how close they are.
Having said that, being fair, Canada and the U.S. support isis as well, the U.S. supply ammunition,pay,train and provide weapons to isis, either directly or thru Israel or Saudi.
Canada recently accepted white helmets, who are isis.
For proof that Israel supports isis you need to follow the war in Syria,(I guess you could read Vanessa Beeley, Eva Bartlett, Maram Susli ) following the war and the actions of Israel will remove any doubt you might have as to their support of isis.
Takes time, there are not daily reports, it happens at strategic or specific times, as in the Israeli air force supporting isis advances or defending isis positions.
Israel supports isis, the U.S. is lead by Israel, the vassals follow the U.S.
Syrians are wondering: is our war really with ISIS and Al-Qaeda or with the US and Israel – the true aggressors and puppet-masters – who have always wanted a long war against Syria in order to break and occupy us?
Here’s How the US, Israel, al-Qaeda and ISIS Work Together in Syria
A quick google to find this article, there are lots denying the connection, to see for yourself you have to follow the war.
When you support Israel and their Zionists, you are supporting isis.
From Newsweek:
“……
The November [2016] attack was the first and only clash since between Israel and ISIS, which Israel has labeled a terrorist organization. ISIS routinely calls for the destruction of Israel and has executed individuals it claims to be Israeli spies operating in the jihadists’ self-proclaimed caliphate that spans parts of Iraq and Syria…….”
Isis executed Israelis, ok.
Why does the Israeli airforce support the isis attacks? or defend isis positions?
Is isis getting their american arms straight from the U.S.?
Isis fighters ‘attacked Israel Defense Forces unit, then apologised …
https://www.independent.co.uk › News › World › Middle East
Apr 25, 2017 – Isis-affiliated fighters “apologised” after launching an attack on Israeli soldiers, the country’s former defence minister has claimed. Moshe Ya’alon was reportedly referring to an incident when a group linked to Isis in the Syrian Golan Heights exchanged fire with Israeli …
If you watch the war daily, as I do, you will see the Israeli air force support isis attacks.
This has been going on for years. Israel also takes isis and “other” terrorist fighters to treat wounds.
Recently, Russia and Syrian troops have begun to move on isis positions in Idlib, low and behold, the Israeli airforce decides to hit Syrian positions…..again.
This happens far too often to be coincidence, forget western media, independent journalism is what you want for info.
That “clash” between Israel and isis was by an Arab Israeli…one guy.
Ever heard of the concept of not going out of your way to hurt the enemy of your enemy?
Obama/clinton supplied arms to ISIS. Do you seriously think Trump is the same as obama?
I am unaware of Trump supplying ANY arms to ISIS.
AFGHANISTAN
First Full Year of Trump-Run Foreign Policy Sees Record Number of Bombs Dropped on Afghanistan
Both casualties and expenses are rising.
BRIAN DOHERTY | 11.16.2018 11:10 AM
https://reason.com/2018/11/16/first-full-year-of-trump-run-foreign-pol/
Trump is no dif from preceding presidents.
Its a 2 headed snake and the prez is chosen.
Isnt it nice that Trump just told us he is ready to accept the responsibility of using nukes.
Trump ‘prepared’ to handle responsibility of launching nukes
Published time: 5 Jun, 2019 07:07
Edited time: 5 Jun, 2019 09:21
https://www.rt.com/usa/461104-trump-prepared-responsibility-nukes/
Doesnt that make ya feel all warm and fuzzy?
Gold finished higher for 6 of the last 16 Junes. The best three were 2005 (10%), 2014 (18%) and 2016 (22%).
Seasonal tendencies are nothing more than an interesting distraction.
Well said……..jmo
GDM (Gold Miners Index) just had its 5 month EMA cross above its 25 month SMA for the fifth time in the last 20 years. Each of the last 4 such crosses preceded gains ranging from 65% to 210%.
In addition, GDM’s 5 quarter EMA just crossed above its 25 quarter SMA for the first time since 2002. That cross preceded a 382% gain for the index.
The weekly GDM chart looks great…
https://stockcharts.com/h-sc/ui?s=%24GDM&p=W&yr=3&mn=9&dy=0&id=p85906329052&a=668849793
GDX is overbought but looks like it wants to go higher rather than fill yesterday’s gap…
https://stockcharts.com/h-sc/ui?s=GDX&p=D&yr=1&mn=0&dy=0&id=p14581218218&a=668861629
Yesterday’s volume for IPT exceeded its volume for each of the last 9 WEEKS but has yet to “confirm” the sector from a price standpoint.
https://stockcharts.com/h-sc/ui?s=IPT.V&p=D&yr=1&mn=1&dy=0&id=p74829131401&a=638347646
The Canadian dollar’s relative strength indicator (RSI) broke out to a 3 month high…
https://stockcharts.com/h-sc/ui?s=%24CDW&p=D&yr=1&mn=2&dy=0&id=p55122291677&a=637578371
from jsmineset…….
Yesterday’s mornings count for June Silver deliveries had a 50 marked up on the board and with zero Volume. I did not see any trades in size being applied at all during yesterday’s rally, in fact, the Volume was only at 2 most of the day but now the Open Interest in June Silver stands at 5 contracts with a Volume of 1 up on the board so far this morning proving a delivery of (ironically) 45 contracts either here or somewhere between here and the City of London. Silver’s Overall Open Interest points the way of the criminals with the count adding some 4,029 more shorts during yesterday’s trade. Imo, this is the last line of defense for the central planners and now the tally shows a total of 214,291 Overnighters helping to stay the price all the while someone is taking the physicals.
Gold activated its bullish falling wedge in anticipation of the USD activating its bearish rising wedge, which it will probably do soon. Dollar etf UUP is breaking a few supports today…
https://stockcharts.com/h-sc/ui?s=UUP&p=W&yr=3&mn=11&dy=6&id=p35044627181&a=633488857
Mathew…good job on gold…I have been trading /ES like crazy …A bit of frustration regarding being out on the gdx pop…..but i am just now short now via dust…i know…but my 5 hour chart on /GC has just topped out…below 1325 is a rejection of high…5 hour has 7 th wave up move plus RSI divergence plus stopped cold at TAS profile top…we shall see…minimally looking for 1325 swing on 5 hour to fail….trading cycle count low lies ahead by a week…then long
Larry, that’s interesting and it does seem reasonable to me to attempt to short here for a short term pullback (although I am not going to try it).
GDX has already broken above the fork resistance that I showed on the chart above with the comment at 10:41 but I wonder if it will hold into the close.
Right Mathew…I forgot…A normal pullback in /GC would be .618 at near 1295 and nothing would be wrong at all…It will have simply formed a C point of an AB=CD up…That is really nice actually…but I will let the TAS profiles guide me on entry and would be unappossed to entering at a .382 or .50% retacement level
I have to admit that I don’t see 1295 happening. In fact, if a pullback does materialize here, I’m guessing that a .382 retracement is all we’ll get.
I hear ya bro!
It’s tempting to bet against the sector for a short term trade but something I’ve noticed for years that gives me pause is that the daily chart becomes very inferior to the weekly chart during the strongest, longest moves – especially at the beginning of such moves. That may or may not apply to what is setting up now but the weekly chart suggests that this just might be the start a powerful leg higher.
A weekly MACD cross (that sticks for the close on Friday) will bring a lot of money into the space and possibly make daily chart readings useless.
https://stockcharts.com/h-sc/ui?s=GLD&p=W&yr=3&mn=7&dy=0&id=p86373654708&a=617903125
one level higher on the 30 minute chart is likely on /GC…but not too bad..also, i have found out that these contrary B toC point trades give you a few chances to exit even if the smaller trend never emerges..but i agree matthew
Good point about the chances to exit. Being nimble/disciplined is everything.
We should get another pullback and then I would personally increase my purchasing for the first time considerably.
OK DOC…I will be posting real time NUGT buys on this expected though not necessarily large pull back….With a rationale attached?…to make sure i have a reason other than it feels about right
That will be interesting.
tank you
Boys!
From Chive Mound
“To conclude, a devastating crash looks imminent and full defensive mode is the order of the day.”
Thanks for the post……….
This is Brooklyn New York, right now.
https://twitter.com/realhublife/status/1135928569597554688/video/1