Category: Weekend Newsletters

WEEKEND REPORT OCTOBER 13, 2019

Sun, 13 Oct 2019

  On Friday, the Trump administration announced a partial trade deal with China. I think this was the news event we need to trigger the next phase of the decline in metals and miners. The correction process into a 6-month low is usually involved — more times than not, its an exercise in patience. Typically […]

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WEEKEND REPORT AUGUST 25, 2019

Sun, 25 Aug 2019

  The trade war between the U.S. and China escalated Friday when China announced new tariffs on $75 billion of U.S. goods. Trump retaliated and ordered U.S. companies to find an “alternative” to operating in China. Later, President Trump announced he would raise tariffs on $250-billion of Chinese imports from 25% to 30% starting October […]

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WEEKEND REPORT AUGUST 18, 2019

Sun, 18 Aug 2019

  Recession fears are spiking. The 10-year versus 2-year yields reached parity (temporarily inverted) for the first time since 2007. An inverted yield curve almost always precedes a recession. However, it’s usually early – sometimes a year passes before the recession officially commences. The panic into bonds drove 30-year rates to record lows. The nosedive […]

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WEEKEND NEWSLETTER JULY 21, 2019

Sun, 21 Jul 2019

  Ray Dalio released an excellent article last week concerning longer-term investment themes and paradigm shifts. He breaks down each decade, starting with the 1920s and the various economic factors that shaped capital flows. In a nutshell, each decade has its own investment theme. For example, from 2010 until now, the stock market has been […]

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WEEKEND NEWSLETTER JULY 14, 2019

Sun, 14 Jul 2019

  The July 31 Fed announcement is shaping up to be a pivotal event. I think it will either validate a breakout in US stocks or send prices sharply lower. If stocks continue to rally after the Fed decision, then we will likely see an advancing uptrend and energy stocks and oil may begin to […]

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WEEKEND NEWSLETTER JULY 7, 2019

Sun, 7 Jul 2019

  Friday’s positive employment report took the chances for a 0.50% rate cut off the table at the July 31st Fed meeting. The odds for a .25% cut remain near 100%. The dollar rallied on the jobs report, and gold slipped. The S&P 500 is nearing significant resistance between 2990 – 3050, where a more […]

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WEEKEND NEWSLETTER JUNE 30, 2019

Sun, 30 Jun 2019

  Gold reached several milestones in June 2019. Prices finished the month and subequally the quarter above $1400. The MACD for the quarterly gold chart crossed over bullishly for the first time since 2013. After an arduous 6-year bottoming process, I think it’s safe to say gold started a new bull market. Now, that doesn’t […]

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WEEKEND NEWSLETTER JUNE 9, 2019

Sun, 9 Jun 2019

  Gold is testing its major breakout level, and it’s fate likely depends on the result of the June 19th Fed announcement. What they decide will determine if gold breaks immediately higher or if prices will top and slip back to support between $1200 – $1220 this fall. If gold breaks higher, a short covering […]

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WEEKEND NEWSLETTER 6/02/2019

Sun, 2 Jun 2019

  Gold prices broke higher on Friday over stock market fears. Prices closed above $1310, and it looks like the 6-month low bottomed in May. Gold miners broke higher from their triangle consolidations at the 45-day cycle turning point. A little upside follow-through next week will support a new advance. Silver and Platinum are lagging […]

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WEEKEND NEWSLETTER 5/12/2019

Sun, 12 May 2019

  It looks like the trade negotiations between the US and China imploded. China backed out of the previous deal. Some believe China is stalling in hopes that Trump will lose the 2020 election so they can negotiate with a different president. Precious metals and miners have been grinding lower for about three months. I […]

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