and London bookies now are saying "Flat Out" the Brexit will fail which is very, very bad news for gold but great news for DUST.
So you might want to load up on Dust today since it could easily be up 100% from today's close - come Friday morning. Just my humble opinion.
so go long Gold since Putin is really, really mad now and who knows what he will do next. I might also suggest going long Russ since the Russian Economy will collapse once the Common Russian Citizen realizes Russian Athletics are fake - like Putin wrestling bears and tigers. What a Joke
Hey Maria Sharapova loves the Russian track team doctor. So much so she lets him stick needles in her and then hits tennis ball miles in the air. Oh those Russian do love the Steroids and Banned Olympic drugs.
as we know it. Perfect storm now to "Go Long" Miners since gold's only direction for the rest of 2016 is UP. And last I check Barrick was the Top Rated Miner across the Board.
as Yellen plucks out a few dove feather and says "what rate hike in 2016".
and if not certainly on Monday. You can see Mother market weakening in front of many approaching Dark Storms. But the real reason Nugt will ramp higher is the Fed inaction over the next several months. China, Japan, Europe, South America economies all falling as the U.S. economy slows. Perfect environment to go long gold and Nugt. All Aboard.
and many here think we could see the U.S. simultaneously in Naval wars with both Russia and China. So much for the U.N. and peace lovers every where. But don't worry - Hillary will hit the reset button with Putin or was that the Nuke button?
The Russian Foreign ministry said Moscow would respond to a U.S. naval ship's entry into the Black Sea with unspecified measures, saying it and other deployments were designed to ratchet up tensions ahead of a NATO summit, the RIA news agency reported
No rate hike June - Brexit vote June 23 - slowing U.S. economy going forward and Yellen thinks she can bluff the market with a smoke and mirrors rate hike this summer. HA
and last I checked China and Europe were having a race to see who collapses first.
"Draghi's comments this morning I thought were very, very serious," Gartman said, noting the euro weakened after the speech. "He's made it abundantly clear that there is not much more that they can do." And after Brexit Europe holds up White Flag and surrenders to long term depression.
On that basis, China's credit creation came in at 24.6 trillion yuan ($3.7 trillion) last year — far outstripping the 16 trillion yuan increase in money supply and the 19 trillion yuan of TSF. "Such a scale of deterioration [in China's leverage] certainly increases our concerns about China’s underlying credit problems and sustainability risk," the Goldman analysts conclude. "The possibility that there is such a large amount of shadow lending going on in the system that is not captured in official statistics also points to [a] regulatory gap, and underscores the lack of visibility on where potential financial stress points may lie and how a possible contagion may play out." In other words "Run - don't walk form China and China stocks".
as Phony Numbers don't hide the Truth.
WSJ - “We believe China’s economy and its policy position are both weak and further moderation in China’s outlook is likely inevitable in the coming months,” the Mizuho economists said. "Things will get far worse before they get better since China has dug itself into a Massive Hole".
cause America always loves it when the underdog wins and throws the whole election process out of WHACK.
as the Chinese finally realize the U.S. is not going to buy their stuff anymore. Looks for a big market sell off as Asian Markets go major Red Next Week.
and when Yellen speaks on Monday, the market Dives bombs knowing the Old Bag is out of Bullets, a day late and a dollar short. The Fed is so confused now it can't shoot straight much less make any rational decision going forward. In other words. Mass Volatility Going Forward as world stock markets CORRECT.