Chris Temple from The National Investor – Fri 31 Jan, 2020

Big picture market selloff today

Chris Temple joins me today to first address the market selloff today. Many reason can be used – including the Coronavirus, data out of the US, news from US airlines regarding flights to China, the markets being simply over extended to name a few. We also discuss if it is time to take some short term profits from positions in gold and treasuries.

Remember to email Chris for that special free issue he mentioned – Chris@nationalinvestor.com. You can also email me at Fleck@kereport.com.

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Comments:
  1. On January 31, 2020 at 10:10 am,
    OOTB Jerry says:

    On January 31, 2020 at 7:15 am,
    OOTB Jerry says:
    OVER HYPED………
    https://www.kitco.com/news/video/show/Kitco-NEWS/2689/2020-01-31/Gerald-Celente-says-coronavirus-overhyped-despite-WHO-state-of-emergency#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DKitco-NEWS

  2. On January 31, 2020 at 10:38 am,
    Matthew says:

    SPY is down 15% versus gold since Sept. 2018 and is now set to fall much further. It doesn’t look good at all…
    https://stockcharts.com/h-sc/ui?s=SPY%3AGLD&p=D&yr=1&mn=0&dy=0&id=p40360977432&a=717555525

  3. On January 31, 2020 at 10:48 am,
    cfs says:

    This video surfaced
    https://youtu.be/Sd3b2tALnrA?t=17
    and pull the rug out from demanding Bolton testify.

  4. On January 31, 2020 at 11:12 am,
    confused says:

    Matthew:
    gold doesn’t seem to be reacting much to the conona virus. The up-move today is just technical as its the last day of the month right?

    • On January 31, 2020 at 11:44 am,
      Matthew says:

      I really don’t know if the end of the month has anything to do with it but the weekly/monthly/quarterly/yearly charts are very supportive of gold moving much higher so the overbought “look” of the daily chart could easily be overridden.

      I don’t pay any attention to news like the corona virus regarding gold. Monetary/debt issues are the real driver and talking heads who claim otherwise should be ignored. The same goes for the stock market. A correction was postponed by the Fed’s actions in the fall but it was coming regardless of the corona virus. The media just loves to keep the people confused on the behalf of their bankster/government friends.

      • On January 31, 2020 at 1:39 pm,
        mineralsrmoney says:

        Couldn’t agree more Matthew.

      • On February 1, 2020 at 9:18 am,
        OOTB Jerry says:

        ditto……..on……….The media just loves to keep the people confused on the behalf of their bankster/government friends.

  5. On January 31, 2020 at 12:23 pm,
    markedtofuture says:

    Senator Rand Paul

    My question today is about whether or not individuals who were holdovers from the Obama National Security Council and Democrat partisans conspired with Schiff staffers to plot impeaching the President before there were formal House impeachment proceedings….

    https://twitter.com/RandPaul/status/1222947515387072514?s=09

  6. On January 31, 2020 at 1:03 pm,
    markedtofuture says:

    Rudy W. Giuliani- Common Sense Ep. 3 The Trial: Witness One | EXCLUSIVE interview..

    https://www.youtube.com/watch?v=eKDYhb3kaMk

  7. On January 31, 2020 at 1:26 pm,
    cfs says:

    Here is the latest Martensen nCoV Video.

    https://www.youtube.com/watch?v=Nmrm0mk5928

    Combing all data to date, it seems highly probable we are facing a serious pandemic…..the bad news.

    Based on Lancet data, however, despite the clear spread of the disease from ASYMPTOMATIC persons, it appears to me the nCoV is not very lethal, UNLESS you have a chronic other disease problem…..that’s the good news.

  8. On January 31, 2020 at 1:46 pm,
    Silverdollar says:

    Chris:
    You mentioned the Chicago PMI being horrid. How can this possibly be when my Pres. says the US economy is the greatest in the last 100 years??? Who’s lying; the Chicago PMI participants or our Pres??

  9. On January 31, 2020 at 1:49 pm,
    Temple says:

    I’ll give you 3 guesses…first 2 don’t count.

  10. On January 31, 2020 at 2:18 pm,
    cfs says:

    https://www.cnbc.com/2020/01/30/fed-moves-to-ease-some-restrictions-under-the-volcker-rule.html

  11. On January 31, 2020 at 2:20 pm,
    cfs says:

    https://www.cnbc.com/2020/01/31/white-house-to-hold-briefing-on-coronavirus-friday-afternoon.html

  12. On January 31, 2020 at 3:26 pm,
    cfs says:

    It seems to m that the Chinese economy is a significant of the world economy.
    It seems to me, regardless of the death rate, the coronavirus will significantly affect attendance in factories and any closed environment.
    It seems to me Chinese production of goods will significantly decline.
    It seems to me in the U.S. the predominantly service economy will be impacted.
    It seems to me the stock market is affected accordingly.

  13. On January 31, 2020 at 3:34 pm,
    cfs says:

    If I were a conspiracy theorist…..
    It might seem to me that China has manufactured a virus intended to solve the pension problem.
    If you can’t afford to support an aging population is there an easier way to eliminate older folks and not have to support them, without getting blamed politically ?

  14. On January 31, 2020 at 3:40 pm,
    cfs says:

    https://www.newsmax.com/politics/Trump-Visa-Restrictions/2020/01/31/id/952186/

  15. On January 31, 2020 at 4:01 pm,
    cfs says:

    Adieux EU.

  16. On January 31, 2020 at 4:26 pm,
    cfs says:

    Rinos Mitt Romney andSusan Collins voted with Democrats, but 51-49 vote ended further witesses.

  17. On January 31, 2020 at 7:39 pm,
    Dick Tracy says:

    I believe that the coronavirus escaped from the disease lab in Wuhan. It wasn’t intentional it was just employees not following proper procedure. The Chinese don’t follow accepted norms of hygiene and I don’t think they thought this virus would be a problem so they instituted a cover up, until it became clear that it was more dangerous than they thought or knew.

  18. On January 31, 2020 at 9:38 pm,
    cfs says:

    I agree there is an enormously high probability it came from their Institute for virology research.
    It was probably an accidental release, but….
    1. It is an extremely convenient way to stop riots in Hong Kong
    2. The Chinese know we are entering a grand solar minimum, which will cause food shortages. (Circunstatial proof of this knowledge comes from location of buying of poor land currently in Africa, which will become productive land in about 5 years and increasing productivity thereafter.
    3. The mortality rate associated with the virus appears highly age dependent.
    (Almost no one killed under 45, rates increasing to possibly 50% in mid to upper sixties.)
    China recognizes it has a population problem, as evidenced by the one child policy, so what a great way to reduce population by killing off least productive citizens !
    Is Chinese leadership that ruthless ?
    Is this a good way not to be blamed ? I don’t know.

  19. On January 31, 2020 at 11:15 pm,
    cfs says:

    https://www.bloomberg.com/news/articles/2020-02-01/zero-hedge-permanently-suspended-from-twitter-for-harassment

  20. On January 31, 2020 at 11:20 pm,
    cfs says:

    https://www.zerohedge.com/geopolitical/coronavirus-contains-hiv-insertions-stoking-fears-over-artificially-created-bioweapon

    Well the institute of virology was suspected of militarizing viruses for weapon applications.