Addressing the longer term charts for US markets, gold, and silver

November 25, 2020

Doc is with us today to share his thoughts on the health of the US market rally and pullback in precious metals. Next month will be a key month to see a general slowdown or turn in the trends over the past 4 months. Doc also throws in a comment on the Uranium sector that should be noted.

    Nov 25, 2020 25:58 AM

    Doc, Oil stock´s are looking good, how high do you think XLE could go on this move?

      Nov 25, 2020 25:33 AM

      XLE chart is a gaps galore and I don’t think these are runaway gaps. So I’m waiting even though I’m very tempted. I do like the charts for HAL, CVX, CLR

        Nov 25, 2020 25:48 AM

        Thanks, yes the gaps…

    Nov 25, 2020 25:34 AM

    Michael Oliver says that oil might go to 70 in 2021, and gold to 10000 in 2 years.

    Nov 25, 2020 25:39 AM

    Matthew, Doc, Al, Jerry, Irishtony, cfs, et al, I am taking a poll. Who thinks Trump will be inaugurated in Jan, and who thinks Biden won? I think Trump will be the winner, although if a depression hits he may be the next Hoover.

      Nov 25, 2020 25:14 PM

      Do we assume the Courts are correct that there is no evidence of voter fraud that would overturn the election?

      Nov 25, 2020 25:37 PM

      bonzo…….listen to the tape at zerohedge, on the Penn State Senate meeting…..
      Rudy……has some expert witnesses….showing computer FRAUD…..
      So, I am GOING WITH TRUMP…….
      Tony, posted the zerohedge video on another section….
      David You need to view the tape……Penn. can over turn the results of the JUDGE….

        Nov 25, 2020 25:39 PM

        Sorry CORY……….this is MORE IMPORTANT than Mining at the point……
        Btw……..Canada is riddled with fake machine voting also, for the sake of your
        family you should look into it…………JMO….

        Nov 25, 2020 25:04 PM

        Getting more and more interesting!

      Nov 25, 2020 25:12 PM

      I totally cast that aside just a short while ago. Now, I am not so sure.

    Nov 25, 2020 25:12 PM

    To someone with degrees in philosophy and math and a Ph.D. in Physics, it appears to me that there is OVERWHELMING statistical evidence of electoral theft.
    I expect the issue to go to the Supreme Court, but what the Justices may decide, I have NO idea.
    The easiest for them is to allow Biden to continue, But is that justice?
    Does SCOTUS really care about justice? I don’t know. I suspect NOT. For how else could one explain decisions that break along political lines?
    I personally believe Trump better for the economy of the U.S., but that is only probably a hiatus in the slow inexorable decay, and in the long run matters little, sadly.

      Nov 25, 2020 25:11 PM

      Of course that is not justice!

      Being an undergraduate in philosophy, ever read any Nietzche? I have and I find his thoughts to be fascinating

    Nov 25, 2020 25:20 PM

    I am not a good Technical Analyst. Period. I do tend to disagree with Doc, about silver.
    Of course in a manipulated market, the silver price could go to almost anything. However, the cost to JPMorgan in driving the price down to $22 seems to me, would outweigh the potential benefit of covering their current number of shorts. I don’t think there are enough longs out there that would sell; just looking at how volume changed with price over the last couple of days. But what do I know; the Doc is an expert at T.A. in my eyes.

    Nov 25, 2020 25:56 PM

    Big Tech Gave “6 Million Votes” to Biden! 3365

    This is interesting concerning voter manipulation.

    Nov 25, 2020 25:47 PM

    What’s the use of trying to do anything about corruption if you are not willing to send the wrong doers a strong message, that being lengthy prison sentences. America rarely punishes politicians, they are in reality submitting to the rule of the gangster. Biden is corrupt but so is Trump and remember Hillary and the e-mail scandals, what we know is only the tip of the iceberg. What about all the wars America is fighting, while the corrupt system draws tens of millions of families towards hunger and want? What a mess? DT

      Nov 25, 2020 25:58 PM

      Jerry is worried about election rigging but his candidate is stained with the same hands of corruption that is being used to defeat him by others that are more adept at the deceit that got him elected. I think Jerry is misguided. DT

        Nov 25, 2020 25:16 PM

        DT..With all due respects…I think you are WRONG.

          Nov 25, 2020 25:00 PM

          IT, WHY? You can answer me on the political section. DT

        Nov 25, 2020 25:40 PM

        DT……you are right on the JAIL TIME…

          Nov 26, 2020 26:31 AM

          You have to start from a starting point……correct , get the vote correct…..then hold the nut jobs , liars feet to the fire……..RECALL,and, or JAIL….

            Nov 26, 2020 26:05 AM

            Jerry, so you believe that Donald Trump is going to clean up the system, you are misguided. LOL! DT

            Nov 26, 2020 26:21 AM

            DT…….I do not think any ONE MAN is going to clean up the system………

            Nov 26, 2020 26:24 AM

            I KNOW ONE thing………BIDEN is NOT…..guarantee that 100 %.

            Nov 26, 2020 26:57 AM

            Corruption top to bottom.

            Yesterday I watched a show about sex slavery, young girls taken from their home countries to another country to be sex slaves.

            I watched the same thing about 10-15 years ago.
            30k a year are brought to the states, who has done anything to stop it?

            Canada was bringing 3k a year, they at least have tightened rules to make it more difficult.

            But lets face it, when slavery is permitted in a country how can we expect any corruption to be dealt with?

            Obviously this goes on all around the world, Britain is big on their sex slaves too and in Turkey the police are part of it, so I dont mean to single out the states but they are a big importer.

            Nov 26, 2020 26:29 AM

            I agee 1000%. Living in a border town like I do we are very aware of this issue.

            Nov 26, 2020 26:25 PM

            I ask only that you remember the words of the American Founding Father Samuel Adams, who in his time of struggle and great need against these same forces of darkness, likewise appealed for aid by writing to his fellow citizens: “If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace…We ask not your counsels or your arms…Crouch down and lick the hands which feed you…May your chains set lightly upon you, and may posterity forget that you were our countrymen”.

      Nov 25, 2020 25:07 PM

      Oh, so the solution is to have John Kerry as green house Czar? Not to mention the rest of bumbling cast of rejects. Camilla Harris for President of the Divided States!!

    Nov 25, 2020 25:12 PM

    To those of you making political comments ,Who are not aware of the NEW format , i would recomend you go to the political section , on the main page of the KER..above the G&S charts , it says politics , click on there…That way we can keep the tread going on the right page….Thank You.

      Nov 25, 2020 25:58 PM

      IT, does that include Big Al! LOL! DT

        Nov 25, 2020 25:14 PM

        I don’t understand. Sorry Mr. Tracy

          Nov 25, 2020 25:46 PM

          Big AL, shouldn’t your comments above be stated in the political section, sorry, I don’t see what you don’t see. DT

      Nov 25, 2020 25:19 PM

      What do you think of the flag that Sarah used to highlight this section?

        Nov 25, 2020 25:17 PM

        very NICE…………