Google it baby - The National Interest by Peter Navarro and then realize China is a ticking time bomb ready to go off at any second. Any you certainly don't want to be "long" Spy when the rice hits the fan,
Four people shot outside D.C., gold ramping higher along with Federal Deficit. Russia and China want war (or act like they want war) with U.S., Tump or Hillary - pick your poison and on and on and on. Yet market roars on and Uvxy and Tvix have another huge sell off. Can't wait for Nukes to arrive so Dow can jump 2000 points.
but move fast because once the market open Nugt could easily jump to $120 a share. This awful non-farms payroll numbers means the Fed won't raise rates this year as the U.S. economy is severely slowing. Yellen won't mention "rate hikes" for six months plus as gold rockets to new highs.
So do you see the correlation or are you having a hard time seeing the forest for the trees? Largest Economy in the world now in contraction which means Oil Free Falls going forward.
because Uncle Sam just told you he is in a "World of Hurt" as the Fed now does not raise rates this year. Gold now set for $1600 an ounce by summer (if not more) while Oil and Emerging Markets crater on weak dollar, weak U.S. economy and Country defaults across the board. Starting with Venezula, Greece, Brazil and maybe even Russia.
speculation that non-farm payroll numbers will be bad - thus forcing the Fed to hold rate hike until very late this year?
Threat of war between U.S. and Russia or China or North Korea or Iran?
The U.S. dollar weakening since everyone wants to print easy money and the Fed is next in line?
Sure seems like we're heading back over $1300 an ounce as world Volatility picks up and the Fed goes back in its cave.
and for you investors new to KGC - Motley Fool has a couple great articles on the company ranking KGC way above other miners. Google it then buy KGC while its still under $6 a pop. Come Friday Kinross could be trading $8 plus and ready for teens the following week.
because things are getter worse in Middle East - Not Better and come Friday's non-farm payroll miss - Less then 190,000 jobs Gold will rocket to $1400 an ounce. When you see world turmoil on a mass scale and the Fed now going back into permanent hibernation Gold has only place to go - UP.
but it gets better as the world's largest Gold trading ETF takes off the rest of the week and sets it sights on $133 a share by Friday. So open your new long gold position in Gold Monday morning then sit back and enjoy the weekly new breakouts over the next several months as gold climbs, climbs, climbs.
I plan to open a new long gold position Monday morning knowing that technical analysis strongly suggests gold and silver have bottomed with new breakouts upside in precious metals and mining stocks over the next several weeks/months. Sure you can't alway catch the big move up when it happens but there is still plenty of time to go long Gold and enjoy the long ride up. And we're talking 50% jump or more in the above Stocks/ETF's mention. But first thing tomorrow or kick yourself three months from now when Gold is trading over $1650 an ounce.
not good but its times of uncertainty and world volatility I lead towards "Safe Haven Investments" like Gold. And you know deep in your Soul Gold is heading to New All Time Highs.
British Special Forces in Libya have been ambushed by Islamic State (Isis) suicide bombers in an attack that may also have killed Italian troops. An Israeli news agency report suggests that Daesh (Isis) extremists attacked a convoy travelling from the northwestern city of Misrata towards the IS stronghold of Sirte – the birthplace of former dictator Muammar Gaddafi.
and I always thought the the "R" word brought the Bull to its Knees?
Well I think you are dead on with Tvix and Yang. But come Lunch time SCO should also be Major Green. Russkies are more oil as we type.
so I'm not sure if I should go long Tvix or Tza. Oh what the heck they are both going to double going forward and possibly triple in May as investors say "I"M OUT".
rumors strongly increase that Russia and Saudi Arabia will get into a Full Blown Oil production war to see who blinks first. Sure looks like the Big Boys are going to push oil way lower as everyone in Opec is out for themselves.
So things don't bode well for U.S. market tomorrow as the Bull wakes up in the morning, looks out his window and sees signs pointing to nearest Glue Factory. Dow down 150 to 200 points tomorrow and that's a conservative estimate.
and the you realize its going to be a rip snorting market sell off tomorrow - but hey don't worry. Black Monday is still a few days off.