Dana Lyons Commentary – Fri 29 Nov, 2019

The buy the dip strategy has extended past just the US equity markets

Dana Lyons joins me on this Black Friday to share his thoughts on the mentality of buy the dip now extending to the safe haven assets. We start with US markets and how the last couple weeks have actually strengthened the background data when it comes in overall breadth and participation. These aspects support even higher prices for the markets. However Dana also points out that a buy the dip bullish strategy remains for gold and even bonds.

Click here to find out more about Dana’s Black Friday special. The special is valid only today!

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Comments:
  1. On November 29, 2019 at 11:07 am,
    cfs says:

    And the unPatriot Act was extended by action SOLELY by Democrats.

    https://www.youtube.com/watch?v=GdQhkY9DYXU

  2. On November 29, 2019 at 11:08 am,
    Excelsior says:

    Gold is new obsession for East Europe’s nationalist leaders

    Bloomberg News | November 29, 2019

    “Just this week, Poland’s government touted its economic might after completing the repatriation of 100 tons of the metal. Over in Hungary, anti-immigrant Prime Minister Viktor Orban has been ramping up holdings of the safe-haven asset to boost the security of his reserves.”

    “The gold rush mirrors steps by Russia and China to diversify reserves exceeding $3 trillion away from the dollar amid flaring geopolitical tensions with the U.S. Motivations in Europe’s ex-communist wing, however, can vary.”

    “Take the latest example. Former Slovak Premier Robert Fico, who has a shot at returning to power, urges parliament to compel the central bank into bringing home gold stocks stored in the U.K.”

    https://www.mining.com/web/gold-is-new-obsession-for-east-europes-nationalist-leaders/

    • On November 29, 2019 at 2:14 pm,
      Dick Tracy says:

      Americans don’t want gold, gold is fake money. Americans want ” The Big Bull Market’, it is a mania for them. How are you going to control the rest of The World if you can’t print, print, print, to keep a huge Military Industrial Complex. America is in isolationist mode not because they want to stay away from foreign wars like in 1919, but because other countries don’t want to be part of “The American Dream”, now known as forever war. DT

    • On November 29, 2019 at 3:07 pm,
      Excelsior says:

      How $5 Billion In Physical Gold Was Secretly Moved From London To Poland

      Fri, 11/29/2019

      “Yesterday we reported that over the past few months, 100 tons, or some 8,000 gold bars, were secretly transported from the Bank of England’s vaults in London to Poland. But how did this carefully planned transport take place happen? G4S explains how it managed one of the biggest movements of gold between global central banks in just eight trips, whereas it took the Bundesbank just about 5 years to repatriate 674 tons of gold from New York and Paris.”

      https://www.zerohedge.com/economics/how-47-billion-gold-was-secretly-moves-london-poland

  3. On November 29, 2019 at 11:52 am,
    b says:

    REPORT:
    Gold prices to peak at $1,500 in 2020, Fed to play key role – …
    Kitco News11:10AM
    REPORT:
    Natixis downgrades 2020 gold outlook: Prices to average $1,370
    Kitco News10:43AM

  4. On November 29, 2019 at 3:54 pm,
    Excelsior says:

    (TK) (TKRFF) Tinka Drills 26 Metres Grading 10% Zinc at Ayawilca and Receives Approval of Drill Permit for 2020-2021 Work Programs

    by @newswire on 25 Nov 2019

    https://ceo.ca/@newswire/tinka-drills-26-metres-grading-10-zinc-at-ayawilca

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