as U.S. navy prepares to take on China Military/Navy over Massive China Sea access problems. Gold set to romp as U.S. navy gets its MOJO back.
So now Obama finally grows a "set" after seven years in office and crosses the "white line" in the China Sea. Sure looks like a military confrontation between China and U.S. starts this month as both countries flexing their muscles.
China warns U.S. against shows of strength in South China Sea. And after seven years in Office - Obama finally grows a "SET" and tells China "No One Tells the U.S. Navy what to do in International Waters.
Look out Bull China - U.S.A. confrontation coming this Month.
Sure looks like "Yang" is the buy of the month if not the year with China going down the toilet with fading economy and fake numbers reported by those in power. Its Japan all over again but as we know "the China collapse will be a lot BIGGER".
with the Fed now out of the picture until 2017 or beyond.
and as we all know - China lies about its Economic Numbers so anything that comes out of China is actually 50% worse. Time to buckle up for the "Massive China Correction" coming that will bring the Bull to its KNEEW.
sure looks like the "Perfect Storm" for Gold to jump higher as China, Japan, Europe, England and soon the U.S.A all start easing over and over again - printing play money like there is no tomorrow while Nugt/Gold ramp higher.
Oil prices fell on Friday as investors cashed in on a 20-percent rise over the past month. "Currently prices are falling, " said Frank Klumpp, oil analyst at Stuttgart-based Landesbank Baden-Wuerttemberg. "It seems that investors take profits knowing oil could fall further as Opec increases oil production."
Uwti heading back to teens so be careful here, since Uwti always trades down faster then it trades up.
Agree - people are not seeing the big picture and just caught up in the moment with yesterday's news on Canada fire. The bigger picture is a slow U.S. economy just as Saudi Arabia, Iran and Russia all increase their respective oil productions levels. Its a perfect recipe for a Huge Oil Dump.
with the "FED OUT OF BULLETS". So you can now add the Good Old USA heading into slower economy/recession with China, Japan and Europe all in a "recession" hand basket. And unfortunately for the Bulls - "no more easy money" to print. Sure Looks Ugly short term and long term.
as non-farm payroll numbers will show the U.S. economy is falling into recession while the Ft. McMurray fire becomes yesterday's news. No rate hike until (late this year) if then so Gold has no where to go but UP.
Alberta-fueled oil rally is just a brief rebound and nothing sustainable. Oil back to high $30's soon as chief market strategist at FXTM, Hussein Sayed warned investors. "Don't get too excited about a sustained spring rally. In a note headlined “[I]f history repeats itself, get ready for an oil selloff,” he pointed out that the adage “sell in May and go away” appears apt for the oil markets this year.
This fire was "HYPED" as if all of Canada was up in flames. Come Monday next week everything back to normal while Saudi Arabia, Russia and Iran all keep pumping oil to the MAX.
Cooler weather and possible rain forecast for the Canadian city overwhelmed by wildfire offered hope on Thursday that controlling the blaze could become easier, after worsening conditions forced new evacuations south of town. And according to recent reports wild fires might be controlled by weekend,
Cooler weather and possible rain forecast for the Canadian city overwhelmed by wildfire offered hope on Thursday that controlling the blaze could become easier, after worsening conditions forced new evacuations south of town. Fire officials now feel they will have the wild fire under control by Saturday if not earlier.
Buy the rumor (oil) - sell on the news (fire out) - oil sell off coming
Gold bulls have largely pinned the metals rally on negative real interest rates in much of the world. Michael Armbruster, principal with Altavest, said gold at $1,400 an ounce in the next month would not surprise him.
by Wednesday on this news -
Investors are flooding back to precious metals this year as risks to the global economy prompted the Federal Reserve to signal it will take a slower approach to further interest-rate increases. That has weakened the dollar and added to the appeal of owning non-yielding assets like gold. And remember goldbugs - we're just in the second inning of a big Gold Push Higher. So BUY and HOLD is your goal for 2016 and possibly 2017.
Kinross Gold Corp stock ready to double as gold and miners all stand up and SHINE. Best Mining stock under $10 a share with solid management and zero debt.