Brien Lundin is very much my kind of speculator but Rick Ackerman is great for those who actively trade…

Short Stocks, Buy Gold
https://www.youtube.com/watch?v=VKtBXXB1V98

Why isn’t your podcast being downloaded on iTunes, They stopped last weekend.
Thanks

(KL) Kirkland Lake Gold Acquires Shares of (BTR) Bonterra Resources Inc.

by @nasdaq on 22 Aug 2019

https://ceo.ca/@nasdaq/kirkland-lake-gold-acquires-shares-of-bonterra-resources

Daniel Ameduri – I Personally Think Gold Will go to $2000 this Year

by @PalisadeRadio – 23 Aug 2019

“the potential for junior mining stocks, how high gold could go, and what the collapse of the housing bubble taught Daniel.”

“Daniel Ameduri is a self-made multi-millionaire and full-time fact finder. He credits his success to a strong desire to surround himself with the right people. After warning family and friends in 2007 about the coming market and mortgage collapse, he started his own YouTube channel, VisionVictory which has received 10 million video views. On March 18, 2008, Daniel called for Dow 8,000, the collapse of Lehman Brothers, AIG, and Washington Mutual. During the mortgage crisis, he helped people buy Put Options on Countrywide Mortgage, and those options had a gain of 1,400%.”

https://ceo.ca/@palisaderadio/daniel-ameduri-i-personally-think-gold-will-go-to-2000-this-year

Powell , …….QE…..on the way….
https://www.zerohedge.com/news/2019-08-23/powell-hints-more-rate-cuts-says-economy-favorable-place-warns-significant-risks

Gold looking good………on the way to $1600…..

The HUI is up 7%+ since Monday’s low…
https://stockcharts.com/h-sc/ui?s=%24HUI&p=W&yr=5&mn=7&dy=0&id=p14619904778&a=612640758

How about that EGO, I should have bought it when I when that I might! It just made a new high…
https://stockcharts.com/h-sc/ui?s=EGO&p=W&yr=3&mn=11&dy=30&id=p38022448980&a=674191436

https://www.thedailybell.com/all-articles/news-analysis/what-a-nobel-peace-prize-the-federal-reserve-and-endless-war-have-in-common/

And now the traitorous bastard buys a $ 15 million estate in Martha’s Vineyard.

Brixton’s pullback was the perfect “pause that refreshes” – deep (-35%) and quick:
https://stockcharts.com/h-sc/ui?s=BBB.V&p=W&yr=4&mn=11&dy=0&id=p11808310861&a=683716989

GDX:SPY wants to fly…
https://stockcharts.com/h-sc/ui?s=GDX%3ASPY&p=D&yr=1&mn=1&dy=0&id=p52714564043&a=662589729

Livermore………Jessie thoughts today…….
“It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I’ve known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine–that is, they made no real money out of it. Men who can both be right and sit tight are uncommon.”

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell signaled Friday that the Fed stands ready to cut interest rates further if the economy needs it but wasn’t clear about when or by how much.
Powell had barely finished speaking to central bankers in Jackson Hole, Wyoming, before President Donald Trump escalated his attacks on the Fed, which he has repeatedly accused of keeping rates too low.
“As usual, the Fed did NOTHING!” Trump tweeted. “It is incredible that they can ‘speak’ without knowing or asking what I am doing, which will be announced shortly. We have a very strong dollar and a very weak Fed. I will work “brilliantly” with both, and the U.S. will do great.”
“My only question is, who is our bigger enemy, Jay Powel (sic) or Chairman Xi?,” the president added, referring to China’s leader.
On a day of fast-moving events in the financial world, Powell’s speech followed China’s announcement earlier Friday that it will impose new tariffs on $75 billion of U.S. products in retaliation for Trump’s latest planned tariff increases. China will also raise import taxes on U.S.-made autos and auto parts. Beijing’s actions deepened a trade conflict that threatens to tip a weakening global economy into recession.
China’s move also ignited a separate attack by Trump on Twitter against Beijing:
“Our Country has lost, stupidly, Trillions of Dollars with China over many years. They have stolen our Intellectual Property at a rate of Hundreds of Billions of Dollars a year, & they want to continue. I won’t let that happen!”
In his speech in Jackson Hole, Powell said Trump’s trade wars have complicated the Fed’s ability to set interest rates and have contributed to a global economic slowdown.
The Fed cut rates last month for the first time in a decade, and financial markets have baked in the likelihood of more rate cuts this year.
Powell’s speech came against the backdrop of a vulnerable economy, with the financial world seeking clarity on whether last month’s rate decision likely marked the start of a period of easier credit.
The confusion only heightened in the days leading to the Jackson Hole conference, at which Powell gave the keynote address. Minutes of the Fed’s July meeting released Wednesday showed that although officials voted 8-2 to cut their benchmark rate by a quarter-point, there was a wider divergence of opinion on the committee than the two dissenting votes against the rate cut had indicated.
The minutes showed that two Fed officials favored a more aggressive half-point rate cut, while some others adopted the polar opposite view: They felt the Fed shouldn’t cut rates at all.
The minutes depicted the rate cut as a “mid-cycle adjustment,” the phrase Powell had used at his news conference after the rate cut. That wording upset traders who interpreted the remark as suggesting that the Fed might not be preparing for a series of rate cuts to support an economy that’s struggling with a global slowdown and escalating uncertainty from President Donald Trump’s trade war with China.
There was even a difference of opinion among the Fed members who favored a rate cut, the minutes showed, with some concerned most about subpar inflation and others worried more about the threats to economic growth.
Comments Thursday from Fed officials gathering in Jackson Hole reflected the committee’s sharp divisions, including some reluctance to cut rates at least until the economic picture changes.
“I think we should stay here for a while and see how things play out,” said Patrick Harker, the president of the Fed’s Philadelphia regional bank.
Esther George, president of the Fed’s Kansas City regional bank and one of the dissenting votes in July, said, “While I see downside risk, I wasn’t ready to act on that relative to the performance of the economy.”
George said she saw some areas of strength, including very low unemployment and inflation now closer to the Fed’s target level. She said her decision on a possible future rate cut would depend on forthcoming data releases.
Robert Kaplan, president of the Fed’s Dallas branch indicated that he might be prepared to support further rate cuts.
If “we are seeing some weakness in manufacturing and global growth, then it may be good to take some action,” Kaplan said.
George was interviewed on Fox Business Network; Harker and Kaplan spoke on CNBC.
The CME Group, which tracks investor bets on central bank policy, is projecting the likelihood that the Fed will cut rates at least twice more before year’s end.
Adding to the pressures on the Fed, Trump has kept up his attacks on the central bank and on Powell personally, arguing that Fed officials have kept rates too high and should be cutting them aggressively.
Trump has argued that a full percentage-point rate reduction in coming months would be appropriate — a suggestion that most economists consider extravagantly excessive as well as an improper intrusion on the Fed’s political independence.
The president contends that lower rates in other countries have caused the dollar to rise in value and thereby hurt U.S. export sales.
“Our Federal Reserve does not allow us to do what we must do,” Trump tweeted Thursday. “They put us at a disadvantage against our competition.”
Earlier in the week, he had told reporters, “If the Fed would do its job

SILJ took out important speed line and moving average resistance today…
https://stockcharts.com/h-sc/ui?s=SILJ&p=D&yr=1&mn=9&dy=12&id=p52866302480&a=639264264

Daniel Ameduri: I Personally Think Gold Will go to $2000 this Year
https://www.youtube.com/watch?v=BiTJllt1PwE

3 days ago:
On August 20, 2019 at 9:00 pm,
Matthew says:
I think “the correction that everyone has been expecting” is probably over.

THIS IS HUGE>>>>>>>>>>>>>>>Bye Bye China…..no more buy buy
Trump is stomping on China….
https://www.zerohedge.com/news/2019-08-23/stocks-plunge-after-trump-vows-retaliate-china-afternoon-orders-us-companies-find