Chris Temple from The National Investor – Thu 5 Mar, 2020

There are a couple consistence in the market – Volatility and Yields Crashing

Chris Temple joins me to share his thoughts on the crazy volatility in the a wide range of markets. Driven almost exclusively by fear we are seeing +2% moves in even the safest of assets. We outline that the only think that has been consistent is volatility and crashing yields.

Click here to visit Chris’s site and learn more about his newsletter.

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Comments:
  1. On March 5, 2020 at 10:42 am,
    SilverDollar says:

    Troubling situation mentioned by Chris Martenson in yesterday’s update on the Cov19 issue……….India, who manufactures a lot of pharmaceuticals has banned the export of a big percentage and that % is likely to grow. This can’t help the fear situation and in fact injects another whole subject into the ‘worry’ cauldron; a shortage of medicines!

  2. On March 5, 2020 at 10:51 am,
    cmc says:

    Head’s up. Interview title says Eric, but interview is with Chris.

    • On March 5, 2020 at 11:28 am,
      Cory댊 says:

      Sorry about that guys. The title is now fixed. Was trying to do too much at one time.

      • On March 5, 2020 at 12:20 pm,
        cmc says:

        No worries. Next time I’ll spell Erik correctly.

  3. On March 5, 2020 at 11:19 am,
    CaliJoe says:

    When GDX will break out from its 7 year resistance? If we have to please Mayan God with human sacrifice then so be it. Here ere are my choice of candidates.
    Biden, Schumer, Ilhan
    I am also willing to donate 10 percent my profit.

  4. On March 5, 2020 at 11:29 am,
    Chartster says:

    The markets in the last few weeks have certainly made traders change strategy. It looks like use the short term charts (15 minute for me ) and buy in the morning sell every afternoon. No telling what tomorrow will bring. Gaps up and down galore.

  5. On March 5, 2020 at 12:21 pm,
    james says:

    Boys i know you think i Crazy ! The Internet Money System is in a Changing transaction ! Diss Corona 19 is the catalest of a new world in a internet Prison of no reality of live !

  6. On March 5, 2020 at 1:49 pm,
    Glenfidish says:

    Hey boys!

    Any explanation for the miners lagging at these gold prices? Either they catch up fairly quickly or we are retesting some bottoms….

    I’d like everyone’s perspective. Contrarians and bears and bulls all welcomed..

    My thoughts are we are still headed to 2000 plus but I’m another year or two.

    • On March 5, 2020 at 2:09 pm,
      CaliJoe says:

      This phenomenon has puzzled many and I’m scratching my head to come up with a logical explanation. Are miners anticipating a bigger “washout” of stock market and unwilling to participate with rising gold price? Is huge short positions in Gold making people nervous in coming to this sector?

    • On March 5, 2020 at 2:13 pm,
      CaliJoe says:

      At some point, higher gold price would reflect in earnings. I would “think” sooner rather than later.

      • On March 5, 2020 at 9:24 pm,
        Glenfidish says:

        We sure hope so!

    • On March 5, 2020 at 2:16 pm,
      OOTB Jerry says:

      Glenfidish…………there is no overhead resistance after $1900 (gold)……the number can be anything……..
      There is a HUGE AMOUNT OF DEBT AND FIAT…..let along the $200 Trillion in derivatives.

      • On March 5, 2020 at 2:18 pm,
        OOTB Jerry says:

        along….to alone…….
        Watch the REPO amount…….the banks do not trust each other……house of cards…..at this point…..

      • On March 5, 2020 at 9:32 pm,
        Glenfidish says:

        I much rather have lower gold prices and stealth higher prices in miners ala 2008/2009.
        But having both is a bonus

    • On March 5, 2020 at 2:18 pm,
      Matthew says:

      GLD is up 7% off its low while GDX is up 17%. I’d guess that today’s lack of leverage has to do with anticipation of a pullback after moving up every day this week so far and running into resistance:
      https://stockcharts.com/h-sc/ui?s=GDX&p=D&yr=1&mn=1&dy=0&id=p52421086575&a=724732716

    • On March 5, 2020 at 2:24 pm,
      Matthew says:

      I’d attribute the general lack of leverage to fear. The silver-gold ratio is at a 29 year low and stocks keep falling. That’s enough to explain it but last week’s action in the miners added significantly to the fear.
      https://stockcharts.com/h-sc/ui?s=SPY%3AGLD&p=W&yr=5&mn=0&dy=0&id=p32327854392&a=724061228
      I am not worried but those holding conventional stocks still have reason to be.

      • On March 5, 2020 at 5:06 pm,
        Ozibatla says:

        Agreed!

    • On March 5, 2020 at 2:29 pm,
      Matthew says:

      I believe the breakout that sticks is coming much sooner than most expect. Possibly even before the Fed meeting this month.
      https://stockcharts.com/h-sc/ui?s=GDX&p=W&yr=6&mn=5&dy=0&id=p06743420956&a=725445735

      Glad I bought IPT and BBB near the lows last Friday! No rush after such a gift? I disagree.

      • On March 5, 2020 at 9:35 pm,
        Glenfidish says:

        Good purchase Matt!! I’m also looking for that sticky sticky breakout the kind that gives us a day in between rest lol..

        Cheers buddy thx for those charts as always

    • On March 5, 2020 at 4:16 pm,
      blazesb says:

      Glenfidish. The physical gold market is a toy for large players. The miners–meaning junior miners–are for we insignificant proles. We don’t move markets.

    • On March 5, 2020 at 4:35 pm,
      Temple says:

      Read this and you’ll understand miners’ and explorers’ “underperformance” — https://nationalinvestor.com/2228/the-gold-issue-this-is-not-your-fathers-gold-market/

    • On March 5, 2020 at 5:20 pm,
      Ozibatla says:

      Sort of tying in with what Matthew said, I think fear is ruling supreme at the moment. That fear is driving golds price as a safe haven but most other assets associated with PMs are somewhat stuck in a rut. Simply, they are still feeling beaten and bruised from last weeks washout. Not to mention the muted moves prior to that time.

      Fundamentally, I think the PMs sector as a whole needs a more direct positive environment to move in unison over the mid to long term. Outside influences that induce panic and high volatility like we are currently witnessing isnt a stable enough environment in the short term. That said, like Matthew states, both GLD abd GDX have had nice bounces. Whether they maintain it or not is another qudstion.

      I personally think that silvers price action is a fair barometer of the broader PMs sector. Once silver gets going (who knows when that will be), we may well find many other miners get dragged along as underlying strength improves. But with the GSR currently in the mid 90s, theres abit of work to be done to validate that theory.

  7. On March 5, 2020 at 8:36 pm,
    b says:

    https://youtu.be/GiI6VqZt4sI

    A little free speech, I guess u tube is shutting sgt report down.

  8. On March 6, 2020 at 6:39 am,
    OOTB Jerry says:

    Chris…….thanks for the newsletter………Most of the article is spot on.
    I will not go into what I think is not correct, for that would take away from what I consider some great info…..again…….thanks for the article……..appreciate……..OOTB

  9. On March 6, 2020 at 8:48 am,
    Temple says:

    You bet.