DrBubb's Diary - Dec. 2017 Trading - v.107

[drbubb]

Dr.B's Trading Diary : 2017. Diary's 107th Month, 8 years+ since 3/09 Low : Fresh New Peak: Dow 24k+

 

NO ONE Tells the Truth, as effectively as Mark Levin

Leftwing sexual predators called out - Oh, the Irony !

Mark Levin: Matt Lauer fired from NBC (November 29 2017)

"Most of them are vote Democratic, they are Liberal & they hate conservatives"

 

================

 

DrBubb's Diary - Dec. 2017 Trading - v.107

 

================

The Fed's Racetrack: Gold (GLD) vs Stocks (SPY) .. update :vs.CRB : GLD-hr : SPY-hr : GLD/SPYratio /

 

The Fed's money-printing has maintained confidence in markets - but the money has gone not only into stocks, but also into other areas. For many months, money flowed into commodities like Gold, pushing prices higher even faster than stocks, as the chart above shows. But since Gold's peak in Aug.2011, stocks have outperformed gold. Since then, these two assets have tended to trade counter-cyclically to each other.

 

Gold in EUR - very worthwhile to track

Short Term:

Medium Term - 3 Years:

 

US Stocks: "SPX-in-Euros" ... SPX-to-EUR or SPY-to-FXE Ratio ... update

 

This Ratio - SPX to Euros seems to have often moved in a nice clear channels

 

DrBubb's "Early Warning System"

Leading Ratio ... LQD:TLT-Weekly-3yrs : TLT-vsLQD : Copper : HG price : CU price : SPY-10/11 : SMH-6mos

 

I reckon that the LQD-to-TLT ratio should move in harmony with stocks, or maybe LEAD stock moves. If they are moving in different directions, then one should be cautious. (However, the value of this indicator has become suspect in recent years, after giving some false warnings.)
=====
Bullish Percentages :
BPNYA- : http://stockcharts.c...!Lh14,3]&pref=G
BPGDM : http://stockcharts.c...!Lh14,3]&pref=G
NASIT - : NAMOT : Summation Indices

"Big Three" Charts (SPY, GLD, DXY) ... 10d-Intraday : 6mos-D : 2yrs-D : 5yrs-D // CUvsGLDvsCRB

 

 

RECORD : CU may lead GLD and SPY
======

US Fed'l Debt // Formula: (Fed'l Debt - $4.0 Trillion ) x 119 +$100

 

Date-: DebtTr > G.Eqv /10.40 : - GLD - : - SPY - : -DIFF- : - ratio - : -- CU -- : cu/gld : - FXI - : cu-fxi : - DBA- : - BTC - :

end07: $09.23 > 0,722 : 072.2 : $082.46 : $146.21 : -63.75: 56.398% : $20.0e: XX.X% :: $ 17.05: ==== : $ 32.99 :

end08: $10.70 > 0,897 : 089.7 : $086.52 : $090.24 : -$3.72: 95.878% : $20.0e: XX.X% :: $ 29.09: ==== : $ 26.18 :

end09: $12.31 > 1,089 : 108.9 : $107.31 : $111.44 : -$4.13: 96.294% : $30.0e: XX.X% :: $ 42.26: ==== : $ 26.44 :

end10: $14.03 > 1,294: 129.4 : $138.74 : $125.75 : $12.99: 110.34% : $43.71: 31.51%: $ 43.09: $0.62: $ 32.35 : $ 00.29 :

end11: $15.22 > 1,435: 138.0 : $151.99 : $125.50 : $26.49: 121.11% : $29.29: 19.27%: $ 34.87: - 5.58: $ 28.88 : $ 04.60 :

end12: $16.43 > 1,570: 151.0 : $162.02 : $142.41 : $19.61: 113.77% : $30.34: 18.73%: $ 40.45:-10.11: $ 27.95 : $ 13.48 :

end13: $17.35 > 1,689: 162.4 : $116.12 : $184.69 : -68.57 : 062.87% : $22.27: 19.18%: $ 38.37:-16.10: $ 24.25 :$815.00 :

end14: $18.14 > 1,783 : 171.4 : $113.58 : $205.54 : -98.04 : 55.26% :: $18.09: 15.93%: $ 41.62:-23.53: $ 24.89 :$316.20 :

end15: $18.83 > 1,865 : 179.3 : $101.46 : $203.87 :-102.41: 49.77% :: 2.135 : 2.140%: $ 35.29:-00.00: $ 20.61: $433.50 :

end16

(2016)
01/29: $19.01 > 1,886 : 180.0 : $108.05 : $193.65 : - $85.60: 55.80% :: 2.060 : 1.907% $ 31.20:-00.00: $ 19.99: $375.00 :
02/29: $19.13 > 1,900 : 181.3 : $118.64 : $193.56 : - $74.98: 61.29% :: 2. ??? : 1.000% $ 30.00: -00.00: $ 20.00: $434.00 :
03/31: $19.26 > 1,916 : 182.8 : $117.64 : $205.52 : - $87.88: 57.24% :: 2. ??? : 1.000% $ 33.77: -13.17: $ 20.60: $415.00 :
04/30: $19.0E > 1,885 : 181.3 : $123.65 : $206.33 : - $82.68: 59.93% :: 2. ??? : 1.000% $ 33.53: -12.45: $ 21.08: $4 ??.00 :
05/31: $19.0E > 1,885 : 181.3 : $116.06 : $209.84 : - $93.78: 55.31% :: 2.080 : 1.792% $ 33.65: -12.34: $ 21.31: $526.10 :

06/30: $19.0E > 1,885 : 181.3 : $126.47 : $209.48 : - $83.01: 60.37% :: 2.0 ?? : 0.000% $ 00.00: -00.00: $ 00.00: $0
07/31: $19.0E > 1,885 : 181.3 : $128.98 : $217.12 : - $88.14: 59.40% :: 2.0 ?? : 0.000% $ 00.00: -00.00: $ 00.00: $0
08/31: $19.0E > 1,885 : 181.3 : $124.78 : $217.38 : - $92.60: 57.40% :: 2.080 : 1.667% $ 37.08: -16.85: $ 20.23: $570.00 :

=====
ye'16 : $20.0E > 1,8 xx : 18x.x :

Date-: DebtTr > G.Eqv /10.40 : - GLD - : - SPY - : -DIFF- : - ratio - : -- CU -- : cu/gld : - FXI - : cu-fxi : - DBA- : - BTC - :

======

"GOLD Formula" is : (Fed'l Debt - $4.0 Trillion ) x 119 +$100 : US Govt Debt :: http://www.usgovernmentdebt.us/

The FED must be pleased with the way that money has flowed into stocks, away from Gold. / notes : a b c

[drbubb]

DAILY MONITOR

Month: -SPY- : Chg : volume/ VIX : GDX: +-chg: -GLD- : Chg: volume: x10.?? WTI.Cr: -DXY-- -Chg- : --TLT-: Chg : Posts/Views cum'l
03-31: 206.43 - 1.82: 127.M: 15.29 : 18.24 - 0.23: 113.66 - 0.09: 4.38M: 1,185.5 $47.49* 98.406 +0.432: 130.69 +0.28: 00: 000/ 000: 2800
06-30: 205.85 +0.43: 155.M: 18.23 : 17.76 - 0.14: 112.31 - 0.70: 7.54M: 1,172.1 $59.09* 95.516 +0.541: 117.46 -0.82 : 11, 118/ 086, 1887
09-30: 192.13 +0.50: 142.M: 24.50 : 13.74 +0.33: 106.86 - 1.12: 7.19M: 1,114.5 $45.34* 96.282 +0.384 : 123.54 - 0.43: 04: 133/ 104, 2853
12-31: 203.87 - 2.06: 91.2M: 18.21 : 13.72 +0.06: 101.46 +0.04 : 3.81M: 1060.5 $37.07* 98.693 +0.413: 120.58 +0.54 : 02, 086/ 051, 1,913

2016
01-29: 193.72 +4.61: 182.M: 20.20 : 14.21 +0.35: 106.95 +0.41 : 7.92M: 1118.4 $33.74* 99.531 +0.950 : 127.30 +1.07 :
02-29: 193.56 - 1.53: 109.M: 20.55 : 19.38 +0.69: 118.64 +1.53 : 11.5M: 1239.3 $33.90* 98.150 - 0.030 : 130.98 +0.57 : 00, 075/ 000 , 2,143
03-31: 205.52 - 0.50 : 79.4M: 13.95 : 19.97 - 0.26: 117.64 +0.54 : 9.17M: 1233.9 $38.11* 94.630 -0.0.99 : 130.61 +0.92 : 01 ,094/ 055 , 2,950
04-29: 206.33 - 1.11 : 124.M: 15.70 : 25.83 +1.55: 123.65 +2.36 : 18.2M: 1294.9 $45.90* 93.018 - 0.448 : 129.38 +0.33 : 0?, 060/ ??? , 2800
05-31: 209.84 - 0.40 : 88.7M: 14.19 : 22.58 +0.30: 116.06 +0.44 : 8.06M: 1217.5 $48.83* 95.861 +0.161 : 130.16 +0.31 : 0?, 088/ ??? , 2651
06-30: 209.48 +2.82 : 143.M: 15.63 : 27.71 +0.56: 126.47 +0.63 : 15.1M: 1324.7 $48.40* 95.809 +0.046 : 138.90 +0.51 : 0?, 055/ ??? , 1941
07-29: 217.12 +0.35 : 70.1M: 11.87 : 30.59 +0.84: 128.98 +1.32 : 12.9M: 1357.9 $41.60* 95.517 - 1.044 : 141.56 +1.17 : 0?, 064/ ??? , 2781

08-31: 217.38 - 0.62 : 71.9M: 13.42 : 25.42 -0.42 : 124.78 -0.25 : 13.2M: 1311.4 $44.70* 95.985 - 0.050 : 139.87 +0.20 : 03, 067/ 237 , 5200

09-30: 216.30 +1.62 : 98.7M: 13.29 : 26.43 - 0.26: 125.64 - 0.43: 10.8M: 1317.1 : $48.24* $95.42 - 0.10 : 137.51 - 1.24 / 04, 096 : 412 , 5556

10-31: 212.55 +0.01 : 55.9M: 17.06 : 24.52 +0.71: 121.94 +0.36: 7.09M: 1273.1 : $46.86* $98.44 +0.10 : 131.25 +0.80 / 10, 094 : 620 , 5200
11-30: 220.38 - 0.53: 92.0M: 13.33 : 20.83 - 0.40 : 111.75 - 1.52: 10.9M: 1173.9 : $49.44* 101.54 + 0.59 : 120.24 - 1.98 / 02, 107 : 311 , 5561
12-30: 223.53 - 0.82: 86.9M: 14.04 : 20.92 - 0.83: 109.61 - 0.68: 8.79M: 1151.7 : $53.72* 102.38 - 0.27 : 119.13 + 0.18 / 03, 096: 360 , 4840

2017
01-31: 227.53 - 0.02 00.0M: 12.09 : 23.93 +0.78: 115.55 + 1.68: 0.00M: 1211.8 : $52.80* $99.74 - 0.62 : 119.84 +0.57 / 08 120: 4554, 10,254

02-28: 236.47 - 0.64 69.6M: 12.92 : 22.85 +0.01: 119.23 +0.11 8.29M: 1253.9 : $54.01* 101.48 +0.32 : 121.74 +0.45/ 07, 083; 216. 3,741

03-31: 235.74 - 0.55 56.2M: 12.37 : 22.81 +0.26: 118.72 +0.25 8.14M: 1251.2 : $50.60* 100.22 - 0.07 : 120.71 +0.35/ 05, 115 : 210, 5,967

04-28: 238.08 - 0.52 50.4M: 10.82 : 22.23 +0.42: 120.77 +0.38 8.86M: 1268.3 : $49.33* $99.04 - 0.15 : 122.35 +0.27/ 04, 90 : 530, 7,267

05-31: 241.44 - 0.06 00.0M: 10.41 : 22.69 +0.10: 120.62 +0.48 0.00M: 1264.8: $48.32* $97.21 +0.00 : 124.14 +0.05/ 00, 106 : 600, 6,542

06-30: 241.80 +0.45 49.4M: 11.18 : 22.08 + 0.13: 118.02 - 0.30 6.79M: 1242.3: $46.04* $95.64 +0.09 : 125.12 - 0.29/

====

---: SPY- : Chg : volume/ VIX : GDX: +-chg: -GLD- : Chg: volume: x10.?? WTI.Cr: -DXY- -Chg.- : --TLT- : Chg : Posts/Views cum'l:

June

29: 241.35 - 2.14 98.8M: 11.44 : 21.95 - 0.48 : 118.32 - 0.58 7.62M: 1245.8 $44.93: $95.55 - 0.46 : 125.41 - 1.06/ 02, 091 : 237, 4297

30: 241.80 +0.45 49.4M: 11.18 : 22.08 + 0.13 : 118.02 - 0.30 6.79M: 1242.3 $46.04: $95.64 +0.09 : 125.12 - 0.29/

July

28: 246.91 - 0.29 41.3M: 10.29 : 22.91 +0.34 : 120.69 +0.90 6.64M: 1275.3 $49.75 : $93.33 - 0.60 : 123.89 +0.73/ 00, 084 : 000, 4000

#

31: 246.77 - 0.14 42.9M: 10.25 : 22.86 - 0.05 : 120.75 +0.06 3.82M: 1273.8 $50.17 : $92.90 - 0.43 : 124.04 +0.15/ 00, 094 : 000, 4,570

AUG

31: 247.49 +1.48 75.8M: 10.59 : 24.72 +0.56 : 125.82 +1.46 11.3M: 1322.2 $47.23 : $92.62 +0.06 : 127.99 +0.38/ 03, 091 : 231, 4,766

SEP

01: 247.84 +0.35 49.6M: 10.13 : 24.78 +0.06 : 126.06 +0.24 11.3M: 1330.4 $47.29 : $92.85 +0.17 : 126.75 - 0.98/ 08, 008 : 040, 0040
#

29: 251.23 +0.88 60.7M: %9.51 : 22.96: -0.20 : 121.58 -0.63 8.77M: 1284.8 $51,67 : $93.07 - 0.06 : 124.76 +0.28/ 01, 060 : 081, 2970

===

OCT

30: 256.75 -0.96 45.5M: 10.50 : 22.76 +0.19 : 121.13 +0.23 4.95M: 1277.7 $54.15 : $94.53 -0.28 : 124.42 +1.18/ 00, 098 : 000, 1213

31: 257.15 +0.40 42.7M: 10.18 : 22.48 -0.28 : 120.67 -0.46 3.76M: 1000.0 $00.00 : $94.54 +0.01 : 124.46 +0.04/

Nov

30: 265.01 +2.30 104.M: 11.28 : 22.47 - 0.03 : 121.10 - 0.94 7.84M: 1276.7 $57.40 : $92.97 - 0.09 : 125.12 -0.42/ 03, 079 : 000, 1750 :
==

DEC
01: 264.46 -0.55 148.M: 11.43 : 22.49 +0.02 : 121.59 +0.49 12.9M: 1282.3 $58.36 : $92.89 - 0.08 : 126.55 +1.43/ 14, 014 : 040, 0040 :

#

04: 264.14 -0.32 83.4M: 11.68 : 22.20x-0.07 : 121.18 -0.41 6.52M: 1277.7 $57.47 : $93.06 +0.17 : 126.61 +0.06/ 00, 022 : 000, 0140 :

05: 263.19 -0.95 72.9M: 11.33 : 21.97 -0.23 : 120.32 - 0.86 9.92M: 1264.9 $57.62 : $93.26 +0.20 : 127.24 +0.63/ 07, 029 : 051, 0191 :

06: 263.24 +0.05 65.0M: 11.02 : 21.69 -0.28 : 120.07 -0.25 6.58M: 1267.1 $55.96 : $93.52 +0.21 : 127.68 +0.44/ 02, 031 : 270, 0461 :
07: 264.07 +0.83 67.2M: 10.16 : 21.58 -0.11 : 118.49 -1.58 11.3M: 1253.1 $56.69 : $93.83 +0.31 : 126.68 - 1.00/ 01, 033 : 030, 0491 :

08: 265.51 +1.44 62.6M: 9.58 : 21.63 +0.10 : 118.48 -0.01 5.21M: 1248.4 $57.36 : $93.90 +0.07 : 126.69 +0.01/ 02, 035 : 040, 0531 :

11: 266.31 +0.80 61.4M: %9.34 : 21.51 -0.17 : 118.01 -0.47 4.46M: 1246.9 $57.99 : $93.92 +0.02 : 126.43 -0.26/ 00, 047 : 000, 690 :

12:
13:
14: 264.30 +0.00 000.M: 10.49 : 22.07 -0.00 : 118.93 +0.00 0.00M: 1257.1 $57.04 : $93.69 +0.00 : 127.87 +0.00/
15: 266.51 +2.21 121.M: %9.42 : 21.99 -0.08 : 119.18 +0.25 6.83M: 1257.5 $57.33 : $93.93 +0.24 : 128.35 +0.48/ 00, 059 : 000, 0896

18: 268.20 +1.69 00.0M: %9.53 : 22.16 +0.17 : 119.73 +0.55 0.00M: 1265.5 $57.22 : $93.45 -0.48 : 127.18 -1.87/
19: 267.17 - 1.03 65.0M:  10.03 : 22.13 - 0.03 : 119.82 +0.09 3.98M: 1264.5 $57.56 : $93.44 -0.01 : 125.53 -1.65/ 00. 068 : 000, 1030

==
27: 267.33 +0.00 00.0M: 10.47 : 23.16 +0.00 : 122.23 +0.00 0.00M: 0000.0 $00.00 : $92.67 -0.00 : 126.77 +0.00/
28: 267.87 +0.55 38.6M: 10.18 : 23.20 +0.04 : 122.85 +0.62 5.67M: 1287.2 $59.84 : $92.50 -0.17 : 126.66 -0.11/ 00, 102 : 000, 1436
29: 266.86 -1.01 60.8M: 11.04 : 23.24 +0.04 : 123.65 +0.80 7.55M: 1309.3 $60.42 : $92.30 -0.20 : 126.86 +0.20/ 05, 107 : 000, 1590

 

 

[drbubb]

Long Term Charts updated from time-to-time, to at least: June 30, 2017

IWM / etf for Russell-2000 - to 12/31/16 : $134.85, 2016 range: $93.64 to 138.82 : +48.25% - beta 1.845

... All : 10-yrs : 12mos // SPY ... : To-End-2015 : last-12mos

 

 

EIGHT KEY CHARTS
=================

 

- Watch for the 76d-MA (blue) Crossing the 987d-MA (yellow), or

- The 52wk MA crossing the 330wk-MA -on Weekly chart

Updates: (updated at end Dec. 2016) - some updates still needed
=====

SPY / S&P500 etf - (UP) ...SPY: to 12/31/16 : $223.53, 2016 range: 181.02 to 228.34 : +26.14% - beta 1.00

Cal'13 : 3 years : 4 years : 5yrs : 10yrs : TREND is still UP, but may be rolling over soon

.
TLT / T-Bonds etf - (DOWN) ... TLT: to 12/31/16 : $119.13, 2016 range: 116.80 to 143.62 : +22.96% - beta 87.8%

All / 3 years : 4 years : 5yrs : 10yrs : Made an important Peak in 2016 (?) identified in prior chart here !

 

update

TLT / 5 years of Bond market action ... update: 130 is a 50% retracement of the drop

.
UUP / USDollar x2 etf - (Peaking?) ... to 12/31/16 : $26.46, 2016 range: $23.96 to $26.77 : +11.73% - beta 44.9%

Cal'13 : 3 years : 4 years : 5yrs : 10yrs : TREND is still UP, but looking very tired

.
USO / Oil etf - (Battling DOWNtrend) ... to 12/31/16 : $11.72, 2016 range: $07.67 to $12.45 : +62.32% - beta 2.38

Cal'13 : 3 years : 4 years : 5yrs : 10yrs : 10yrL : Price is battling that old Downtrend

.
XLE / Oil stocks - (Fighting back UP) ... to 12/31/16 : $75.32, 2016 range: $49.93 to $78.45 : +57.11% - beta 2.185

Cal'13 : 3 years : 4 years : 5yrs : 10yrs : TREND is DOWN, reversing?

Old-trend-was-accelerating ... as the uptrend ended

.
OIH / Oil service - (Fight DOWNtrend) ... $11.72, 2016 range: $07.67 to $12.45 : +62.32% - beta 2.38

All : Cal'13 : 3 years : 4 years : 5yrs : 10yrs : Major Bottom in place?

.
GLD / Gold etf - (Reversing Downtrend?) ... 12/31/16 : 109.61, 2016 range: 102.49 to 131.15 : +27.96% - beta 1.07

All : Cal'13 : 3 years : 4 years : 5yrs : 10yrs : Reversing to Up?

.
GDX / Gold stocks - (Breaking Downtrend?) ... 12/31/16 : $20.92, 2016 range: $12.40 to $31.79 : +156.4% - beta 5.98

GDX ... All : Cal'13 : 3 years : 4 years : 5yrs : 10yrs : Reversed to Up in 2016 maybe?

.

HUI Chart - price data goes back further ... 12/31/16 : 182.31, 2016 range: $99.19 to 286.05 : +199.4% - beta 7.64

All-data-update :

.

China's Shanghai index last bounced of a support level near 2,600
ShComp 12/31/16 : 3103.6, 2016 range: 2638.3 to 3538.7 : +34.12% - beta 1.305

CN : SHcomp ... All-Log : All-Data

 

===== Links to other CHARTS =====

10yrs : SLV : GDXJ : / log : AGQ : PSLV : UGL : ??

PHM +, GDXJ -, RGLD -, HK:HSI +, HK:12 -new,

=====

[drbubb]

Gold's 4-6 months Cycle:

 

The next cyclical downturn may have started "early" in September - Low due near year-end maybe?

 

Next Cycle Low could be Dec. 2017 ... update

 

GLD: 1-yr: 2-yr : 3-yr : end-may: $116.06 +0.44/ UK:GBS: $115.50/ HK-2840: $ 898.5 /7.76= $115.80 : HK-3081: $29.35 r-30.61

 

The longer history of the cycles looked like this: 2013-15 :

 

: Low, Dec.15th,2016: 1129.8 / $103.04 = 10.96 / intraday: 1123/$103= 10.90

 

Look what happened after that Dec.2015 Low - a Nice Rally ! And then once again after a Dec. 2016 Low:

 

In April'17, I said: The Rally "may be petering out in April, and Gold (gold shares and silver), turned lower with bonds."

I anticipated this - and went short, selling Gold positions, and buying puts on TMF, a 3X etf linked to Bond prices.

But this anticipated cyclical low (May/June) either came early, or is coming late - It does not look as distinct (yet!) as prior lows.

So I am relunctant to bet on the Low and Buy at this stage.

 

TMF - this chart was from mid-April

"Rising interest rates, may turnaround the falling dollar, and "put the Kabash" on the rise in Gold..."

These prices tend to move together : TMF, GDX, UGLD, SLV : Bonds, Gold stocks, Gold, and Silver.

And they have been moving in a shared 4-6 months cycle - but this latest dip in Gold has not been accompanied by TMF until this week

 

TMF... 2-yrs : 5-yrs : 6-mos / 10-d : this chart was from end-Nov

:

TMF - tends to move with Bonds, Gold, Gold shares, silver...

TMY is approximately about 9% lower, over just four days

TMF-etc.10d ... update

: Chart below is updated to 11/30/2017

[drbubb]

BRADLEY Model :

TURN dates

2015 : May 10, May 25, June 8, Sept. 23, Oct. 17

2016 : +Jan. 5, -May 10, +June 1, -July 5, +??, -Sep. 28, +Nov. 29

2017 : +Dec. 29, -Apr.17, +Apr.29, -Jun.21, +Aug.19, -Sep.7, +Dec.3, -Jan.4, +Jan.17

====

SPY... 2015-2017: Dec.31, 2016: $223.53 / May.01, 2017: $ 238.77 +$15.24 : + 6.82% on the Year

2016 : +Jan. 5, -May 10, +June 1, -July 5, +??, -Sep. 28, +Nov. 29

2017 : +Dec. 29, -Apr.17, +Apr.29, -Jun.21, +Aug.19, -Sep.7, +Dec.3, / -Jan.4, +Jan.17

 

Model for 2017: 2016 : 2015 :

===

 

Bonds peaked first in 2015, then the Dollar, then stocks... In early July (when the Bradley model peaked), TLT hit new highs.

TLT... 2015-2017 : Dec.31, 2016: $119.13 / Mar.01, 2017: $119.47 : + $0.34 : + 0.29% on the Year

 

USD trade-weighted:

DXY ... 2015-2017 : DXY-all-data : 10d : Dec.31, 2016: $102.36 / Mar.01, 2017: $101.77 : - $0.59 : - 0.57% on the Year

OTHER Indices : USO : GLD : GDX : PHM : IYR : UGLD-vsGDX : : IMGHST.co

[drbubb]

Relative Valuations : Resistance at 200% - Now at/Over the TOP of the Ranges!

 

SPX -toGold Ratio seems to pull back when it hits 2.0 -

"May happen again soon," I said in early May, and it pulled back from 1.977 ! and then again at 2.012 !

At end-October the ratio has hit 2.02. and 2.074 at End-Nov. - a breakout?

 

 

 

Date----- : - SPY- : - GLD- : Ratio : Comment------------
12-29-08 : $86.91 : $86.35 : 1.006 : SPY-vs-GLD Chart period begins (since first post)
09-06-11 : 116.99 : 182.90 : 0.640 : near Gold peak (of $1800
12-02-15 : 208.53 : 100.69 : 2.071 : near Gold low (of $1045.40; GLD: 100.23)
02-11-16 : 182.86 : 119.05 : 1.535 : near SPX low (of $1810.10; SPY: 181.09)
06-30-17 : 241.80 : 118.02 : 2.049 : Latest: may retest R-2.07+ and rollover
=======
Notes: R-0.64 at Gold peak x 1.618= 1.035 / x 1.618 x2 = 2.070 Target for Ratio & SPY peak?

 

SPX -toTLT / Bonds floating at high level (on cheap money) - But stocks are even more extreme

 

TMF (2x bonds) vs. UGLD, GDX, SLV ... 5-years

OLD chart - shows correlation of Gold to TMF

UPDATED:

=

Peak /Last : - TMF- : - TLT - / - UGLD : - GLD / - GDX- : - SLV- :

09/07/2017 : $23.33 : 129.78 / $12.69 : 128.13 / $25.49 : $17.10 :
09/29/2017 : $20.87 : 124.76 / $10.76 : 121.58 / $22.96 : $15.74 :
10/31/2017 : $20.00 : 124.46 / $10.00 : 120.67 / $22.48 : $15.00 :
11/30/2017 : $21.12 : 125.12 / $10.47 : 121.10 / $22.47 : $15.51 :
CHART
TMF vs. UGL ... update :

[drbubb]

Bitcoin has not been able to hold above $10,000 (so far)

 

BTC - 10d : 2mos : 32-months

: all-data :

 

Bill Still has been a bull on Cryptos for a long time

Why is Bitcoin Hitting $10,000?

 

Bitcoin futures (on the CME) are said to be LAUNCHING in December

UPDATE : BTS

[drbubb]

Breaking Support at Eur 1,074?

 

Gold in EUR - very worthwhile to track

Short Term:

Medium Term - 3 Years:

[drbubb]

ALERT : for possible breakdown (into Dec, Low?)

 

THIS chart of Gold-in_EUR may be better - than the one above

GOLD: $1,275 / $1.191 - EUR 1,070.5

 

 

Gold Continues To Define A Narrow Trading Range Kitco Commentary - Nov 30

PM ROUNDUP: Gold, Silver Prices Punished By Powerful U.S. Stock Market ... Kitco News - Nov 30

Bored With Gold? Look For Wider Gold-Silver Ratio - Commerzbank Kitco News - Nov 30

OPINION Market Wrap: Bear Gets Tossed! Marketslant.com - Nov 30

=== ===

Gold has traded in the narrowest range in 12 years.

Given that gold has been under tremendous pressure since trading to its yearly high at $1361, it recently has been stuck in a trading range between $1260 on the support side and $1290 on the resistance side. That being said, the overall market pressure continues to be prevalently weighed to the bearish side.

Once again gold prices have fallen back, losing roughly 6/10 of a percent of value on the trading day. The most active December’s futures contract is currently fixed at $1270.20, which is a net loss of eight dollars on the day (-0.62%).

. . .

The benchmark Dow Jones Industrial Average pushed above the 24,000 level for the first time ever Thursday. I was working on the floor of the Chicago Mercantile Exchange as a 25-year-old markets reporter when the Dow hit a then-record high of 1,300 back in 1985.

The soaring stock market in the U.S. and rallying bourses from around the world are keeping investor funds away from the safe-haven gold and silver markets.

The key “outside markets” Thursday saw the U.S. dollar index weaker in a two-sided trading session. Crude oil prices were near steady in afternoon trading. The OPEC oil cartel meeting in Vienna, Austria began Thursday to discuss extending its oil-production quotas. It was reported the cartel will continue with its current collective production quota.

Investors and traders are awaiting the end result of a U.S. tax-cut plan being pushed through Congress. The Senate is likely to vote on the tax legislation soon. It is not a clear-cut consensus that this bill will pass the Senate.

. . .

Kitco News

Share this article:

(Kitco News) - Just because gold is stuck in a boring trading range doesn’t mean there isn’t some excitement in the precious-metals sector, according to one market analyst.

Karen Jones, technical analyst at Commerzbank, told Kitco News in an interview that she isn’t paying attention to gold. Instead, she is paying attention to the gold-silver ratio, which she added is ready to widen significantly.

The ratio measures the number of silver ounces it takes to buy an ounce of gold. A higher number means outperformance by gold, while a lower number means silver is gaining ground on the yellow metal.

In her analysis, she said that the ratio has broken above a 2016-2017 downtrend and her first upside target is at 79.44. Kitco.com shows the gold-silver ratio currently at 78.24, its highest level since mid-July. The historical average of the ratio is around 50.

“I don’t know if the gold-silver ratio will get back to its 2016 high, but I wouldn’t rule it out,” she said. “79.44 represents a significant resistance point.”

Weakness in the silver market is what is driving the widening ratio, Jones said, adding that gold continues to grind higher in a boring market.

“Silver is in a lot more trouble than gold as it is closer to the bottom end of its range,” she said.

Jones added that her expectations are for silver to remain at the bottom end of its range as a four-month uptrend has recently eroded.

[drbubb]

Get Ready For It, Silver Will Rally to $130, Gold To $8,000 - CEO

Nov 28, 2017

Guest(s): Keith Neumeyer CEO, First Majestic

Is 2018 the year of the silver rally? Keith Neumeyer, CEO of First Majestic Silver Corp., thinks so and expects the metal to climb eightfold over the next 3-5 years. He says silver is a story of supply and demand: “to go green, to do all the things we want to do as the human race gets off oil and gas, we need a ton of silver.” He says that unlike gold, silver is a strategic, rather than precious metal, and should trade closer to its mine ratio. “[First Majestic] is currently operating at a mine ratio of 9 ounces of gold for every ounce of silver, so silver should be trading at around 9:1.” Currently, the gold-to-silver ratio stands at around 76 and that is why Neumeyer says he sees silver prices headed for $130 an ounce.

[drbubb]

TONY C: Volatility ahead

 

Fits in with THIS

Ratio of SPX to-TLT may be signaling a possible topping area - before Downs & Ups

 

The cluster just ahead is OEW 2632, 2646 and 2656

 

Index -Open- : - High- : - Low - : -Close- : change : volume
SPX : 2633.9 : 2657.7 : 2633.9 : 2647.6 : +21.51 : 3,122.1M
SPY : 263.76 : 266.05 : 263.67 : 265.01 : + 2.30 : 103.92 M
Indu : 24014 : 24,328 : 24,014 : 24,272 : +331.7 : 488.20 M
TLT : 125.31 : 125.52 : 124.44 : 125.12 : - 0.42 : 9.45 mn.
ratio: R21.02 : r 21.17 : r21.17 : R21.16 :
VIX : 11.19% : 11.41%: 11.19%: 11.39% : + 0.11 : n/a
===============================

 

(he's now on holiday for a few days - but thinks a temp Top could be near)

 

WEEKEND REPORT

========

When Minor 5 does end, it will also end Intermediate wave iii.

Then an Intermediate wave iv correction will follow. After that Intermediate wave v will take the market to all-time new highs.

The bull market appears to have quite a way to go in time and price.

MEDIUM TERM: uptrend

The market has been experiencing its longest uptrend since 2006/2007: seven months. It has been quite long as far as uptrends go, and quite complex. While the market continues to make new highs, extending the uptrend, we are seeing a three-fold Fibonacci area that could offer significant resistance in the days/weeks ahead to end the uptrend.

 

Normally a cluster of OEW pivots is all that is required to end an uptrend. The cluster just ahead is OEW 2632, 2646 and 2656. Another resistance area that fits into this analysis, is the length of previous uptrends within the bull market. From the February 2016 low the two largest uptrends have been 301 points and 317 points. This gives us a resistance range of SPX 2630-2646. The third resistance area has to do with the internals of the uptrend. The three rising Minute waves all divided into five Micro waves. Minute i’s three rising Micro waves: 77-93-43, and Minute iii’s three rising Micro waves: 83-161-53. Notice the last wave in each sequence ended between 0.56% and 0.64% of the first wave. When we look at the uptrend as a whole, since Minute v is not likely to offer all these Micro wave subdivisions, we have: 125-189-xxxx. Using the same percentage relationships, the last wave between 0.56% and 0.64% of the first, we arrive with this range SPX 2627-2637. Notice all three ranges overlap in the SPX 2630’s. Should this area end the uptrend and Intermediate wave iii. The likely decline for an Intermediate wave iv correction is 70-100 SPX points.

 

SHORT TERM

After completing Minute waves i and ii in June/July, Minute waves iii and iv in November, Minute wave v has been underway since the SPX 2557 low. Thus far we can count three waves up from that low: 2590-2578-2604. These waves may be of Pico or Nano degree. But the analysis above suggests they could be of Micro degree as well. Let’s see what the market looks like technically, when it reaches the OEW 2632 pivot range.

==

> https://caldaro.wordpress.com/2017/11/25/weekend-update-632/

[drbubb]

Is the Bitcoin Bubble Bursting? Todd 'Bubba' Horwitz

- Nov 30

Wednesday was a rough day for the fear assets as gold and silver took a little beatdown. Gold fell about $15 and is trading at $1,284, while silver fell about 60 cents, trading at $16.55. Both are now at or near support and appear to be solid buying opportunities. The strength in equities continues to keep a little pressure on the metals.

 

The Bitcoin bubble may be bursting. On Wednesday, Bitcoin traded well over $11,000 before falling $1,000 in just minutes. The blow-off pattern that had formed the past few days was crazy, with Bitcoin blowing through $10,000 and then $11,000 before closing around $9,800.

Like all bubbles, irrational exuberance takes over near the top before the markets come crashing down, pounding all the late arrivals. This market is no different than any other market in history; at some point investors will take their profits. This move is no different than gold in 2011 when it was trading over $1,900 or silver in the same year at $49. Bitcoin is a real asset class and will trade like any other market; the charts will tell the story.

[drbubb]

"An animal due for extinction"

 

Very Funny - Very True

Katie Hopkins - Get Furious and Fight Back

Published on Nov 26, 2017

 

Comments

Vlad Tepesblog 3 days ago

OUT-FREAKING-STANDING!

Best speech on the state of things for a long time. Magnificent!

189 Likes

1877canzona1933 3 days ago

Katie for Prime Minister !

[drbubb]

Is Prince Harry "defying the odds"?

 

Asked about what Diana would think of Meghan,

Harry responded that, of course, his mother would have loved his fiancée. "Oh, they'd be thick as thieves, without question.

I think she'd be over the moon, jumping up and down, you know, so excited for me—but then, as I said,

would have probably been best friends with Meghan. "

 

Yup.

Possible best friend with Mother... but still hot enough for Harry.

[drbubb]

Flynn: Collusion, Contacts, & Crime : all the same? No!

 

"What does the special prosecutor (Mueller) think he is moving towards?"

 

Tucker nails it here - cutting through some complex narratives

Tucker Carlson Tonight | Fox News Today December 1, 2017

https://www.youtube.com/watch?v=PPH_T_nWK8w

 

"Dishonesty is wrong" (and was a crime here)

But...

"Mueller may have undercut his own investigation here"

Tucker:

"This was a massive waste of time, and we are all owed an apology"

 

Someone needs to get on with the REAL unfinished business:

Investigating the crimes of the Clintons

[drbubb]

SEEING THROUGH the Lies!

The Lie Stream bias is even being admitted by Liberals

 

 

 

Even Liberals are seeing thru the Lies

 

I'm a Liberal, and I See Now That U.S. Journalism Is Dead

Saritha Prabhu, Federalist

I’m a liberal Democrat who didn’t realize for a long time that our mainstream media is biased. For years, I consumed news and commentary from my favorite media sites uncritically: CNN, MSNBC, The New York Times. From time to time, I watched Fox News to see what “the other side” was saying.

I lived in a kind of information bubble, but like most bubble-dwellers I didn’t know I was living in one. Ironically, the 2016 election opened my eyes to this “Truman Show”-like media universe we’ve all been inhabiting.

My awakening came accidentally when I realized in 2016 that I just couldn’t support Hillary Clinton (I ended up protest-voting for Gary Johnson). I thought Clinton was arrogant, entitled, corrupt, and dishonest. I couldn’t believe the Democratic Party would nominate someone who was the subject of an FBI investigation.

. . .

Ironically, had I been a Clinton supporter, I’d have likely been blind to the media bias. To be clear, I’m not talking about individual reporting, which is usually great, but a persistent institutional bias that colors almost all coverage and commentary.

 

To be sure, the media on the Right is often biased as well. The degree to which Sean Hannity carries water for Trump is often amusing to watch. But the mainstream media’s bias is something else, and it affects me personally. It leaves me feeling angry, betrayed, frustrated.

As an immigrant from India who didn’t know much about the politics of this country 15 or 16 years ago, for years I trusted many mainstream outlets to give me an honest view of current events. It is now apparent to me that they haven’t presented an objective picture of current events, but a slanted, curated version that serves their purposes.

, , ,

Some examples: The Times’ left-leaning columnists wrote mostly anti-Trump columns for much of 2016, and acted like Hillary’s problems were happening in a galaxy faraway. Paul Krugman, especially, lost credibility in my eyes for literally becoming a Hillary shill in 2016, insisting repeatedly that her email troubles were overblown and a right-wing concoction.

I couldn’t bear to watch Rachel Maddow in 2016 and still can’t. She’s a fine journalist who has wide knowledge and command of the facts, but her relentless, overdone partisanship was and is too much for me.

Things got so bad that The New York Times issued a post-election letter to its subscribers, saying they looked forward to “rededicat[ing] ourselves to the fundamental mission of Times journalism.” But it was too late, at least for me. The damage was done, and I’ll never look at the paper the same way again.

; ; ;

They didn’t actually have to overdo it. By virtue of his personality, President Trump gave them a lot of material, and they’d have been fine if they’d covered his flaws and missteps straight up. But they overplayed their hand, and not a little. Many mainstream journalists have become a little grandiose. They’ve joined the “Resistance,” and see themselves as grand defenders of democracy, as brave protectors of norms and institutions.

The result is, you see a lot of preening, grandstanding, boundary-crossing journalism.

 

Donna Brazile’s Accusations Were Big News

What actually prompted me to write this article was something that seemed to me like the last straw. It was the Donna Brazile story—her recent explosive allegations that the 2016 Democratic Party primary was riddled with malpractice, that Hillary had secretly taken over the Democratic National Committee a year before becoming the Democratic nominee.

You’d think this was a huge news story, but not if you were following CBS, NBC, ABC, or The New York Times. In the crucial initial days, these outlets devoted little or no time to it. They covered the story days after Politico broke the story, and Brazile appeared subsequently on “Morning Joe,” ABC’s “This Week,” and so on, but it was too late.

The Times especially outdid itself. It buried the Brazile story deep within a story titled, “Hillary Clinton Gets an Award and Tears are Shed.” In the first couple days when the story broke, I got a better sense of the story when I watched “Tucker Carlson Tonight” and read Glenn Greenwald’s commentary.

. . .

I didn’t go to a fancy journalism school, and don’t even have a journalism degree, but I know enough to realize that what is happening is bad, and that when the media self-divide into rabidly partisan camps, citizens suffer and democracy suffers.

When Sean Hannity says “journalism has died in America,” I agree with him.

 

=

> see : Veritas thread: http://www.greenenergyinvestors.com/index.php?showtopic=21372

[drbubb]

The Intent to Brainwash

The intention becomes very evident when you ask Alexa Questions

 

In only a few days, this amazing video got over 1.2 million hits, with 54k (4.6%) Likes

 

An SJW is living inside your phone !

 

(Kill it!)

 

Amazon’s Alexa is a CRAZY SJW LIBERAL! | Louder With Crowder

 

Alexa's answers are certainly similar to what you might here from a "successfully brainwashed" sophomore at

a full-on Liberal at Evergreen University, or some other hotbed of Leftist/ Communist thinking

[drbubb]

Venezuela to create digital currency amid financing crisis...

 

Caracas (AFP) - Venezuela is creating a digital currency to combat a financial blockade by the United States, President Nicolas Maduro announced Sunday.

It will be called the Petro and be backed up by Venezuela's reserves of oil and gas and its gold and diamond holdings, the president said in his weekly television program.

"This is going to allow us to move toward new forms of international financing for the country's economic and social development," the president said.

The news comes as Venezuela faces acute financing problems after creditors and ratings agencies declared the government and the state run oil firm PDVSA to be in partial default for missing interest and principle payments on bonds.

Related SearchesDigital CurrencyVenezuela Bonds

[drbubb]

WISDOM..

...like Easter Eggs can be found in Peterson's talks

 

Especially fine when you come across them in Q&A sections, like at 13:30 minutes in

HERE:

Singh Saad Amitay & Peterson Q & A 11/11/2017 Toronto

 

He makes three quick points:

+ Sex is a serious matter, and men (and women too) need to treat it that way, they cannot just be recklessly promiscuous

+ With Rights, come Responsibilities - those demanding rights need to acknowledge their responsibilities too

+ If you want Life to matter, and be something meaningful, you need to do something noble

[drbubb]

PROPERTY DEVELOPERS with a Chinatown-Manila connection: ("the oldest Chinatown in S.E. Asia")

 

 

Chinatown related developers are looking Toppy now - early Dec.2017

 

ALI-etc AyalaLand etc -- update

==

 

POPI / Prime Orion Phil. Inc ... All : 5-yr: 2-yr: 12-mo: 10-d : 3/24/16: P1.98 / 12/4/17: P2.05 + 3.53%

 

ALI / Ayalaland ... All : 5-yr: 2-yr: 12-mo: 10-d : 3/24/16: P35.85 : 12/4/17: P41.75 +16.5% / ALIvsPOPI : All : >'07

 

MEG / Megaworld ... All : 5-yr: 2-yr : 12-mo : 10-d : 3/29/16: P4.15 / 12/4/17: P5.15 +24.1% / AGI : All

 

FLI / Filinvest Land ... All : 5-yr: 2-yr: 12-mo: 10-d : 3/29/16: P1.78 : 12/4/17: P1.80 +1.12% / FDC : All

 

ALHI / Anchor Land ... All-Data : 5-yr: 2-yr: 12-mo: 10-d : 3/29/16: P7.77 : 12/4/17: P10.98 + 41.3%

 

Qtr /Year : -LAND : CapVal : CV/ali : -ALI- : -POPI- : Ali/P : -MEG- : -FLI-- :
4Q /2011 : 000.0k : 100.0k : r6.60 : 15.16 : P0.44 : r34.5 : P1.70 : P0.99 :
1Q /2012 : 284.1k : 114.1k : r5.50 : 20.75 : P0.51 : r40.7 : P1.96 : P1.29 :
2Q /2012 : 284.6k : 115.4k : r5.34 : 21.60 : P0.46 : r47.0 : P2.19 : P1.28 :
3Q /2012 : 289.1k : 116.0k : r4.86 : 23.85 : P0.49 : r48.7 : P2.23 : P1.36 :
4Q /2012 : 291.8k : 118.0k : r4.46 : 26.45 : P0.55 : r48.1 : P2.77 : P1.49 :
1Q /2013 : 298.1k : 123.8k : r3.79 : 32.70 : P0.70 : r46.7 : P3.89 : P1.98 :
2Q /2013 : 304.2k : 128.7k : r4.23 : 30.40 : P0.55 : r55.3 : P3.30 : P1.70 :
3Q /2013 : 322.4k : 132.0k : r4.84 : 27.25 : P0.54 : r50.5 : P3.26 : P1.60 :
4Q /2013 : 341.5k : 134.9k : r5.45 : 24.75 : P0.41 : r60.4 : P3.24 : P1.41 :
1Q /2014 : 353.8k : 136.5k : r4.57 : 29.90 : P0.52 : r57.5 : P4.13 : P1.44 :
2Q /2014 : 366.4k : 138.1k : r4.53 : 30.50 : P0.57 : r53.5 : P4.50 : P1.63 :
3Q /2014 : 435.0k : 142.8k : r4.09 : 34.95 : P0.71 : r49.2 : P5.03 : P1.58 :
4Q /2014 : 440.0k : 144.5k : r3.83 : 33.70 : P0.69 : r51.8 : P4.68 : P1.53 :
1Q /2015 : 443.8k : 147.4k : r3.83 : 38.50 : P0.68 : r56.6 : P5.43 : P1.80 :
2Q /2015 : 452.5k : 149.0k : r3.99 : 37.30 : P2.04 : r18.3 : P4.77 : P1.86 :
3Q /2015 : 460.0k : 151.0k : r4.44 : 34.00 : P1.72 : r19.8 : P4.37 : P1.68 :
4Q /2015 : 500.0k : 151.0k : r4.38 : 34.45 : P1.83 : r18.8 : P4.25 : P1.81 :
1Q /2016 : 500? k : 152.0k : r4.31 : 35.25 : P1.97 : r17.9 : P4.15 : P1.77 :
2Q /2016 : 500? k : 147.6k : r3.80 : 38.80 : P1.81 : r21.4 : P4.65 : P1.99 :
3Q /2016 : 500? k : 146.5k : r3.73 : 39.25 : P1.98 : r19.8 : P4.72 : P1.83 :
4Q /2016 : 500? k : 150.6k : r4.71 : 32.00 : P1.90 : r16.8 : P3.57 : P1.53 :
1Q /2017 : 500? k : 154.6k : r4.57 : 33.80 : P1.97 : r17.2 : P3.51 : P1.67 :
2Q /2017 : 500? k : 161.5k : r4.06 : 39.75 : P2.20 : r18.1 : P4.30 : P1.67 :
3Q /2017 : 500? k : 167.0k : r3.84 : 43.50 : P2.15 : r20.2 : P5.23 : P2.03 : ALHI :
12/ 04/17 : ================ >> 41.75 : P2.05 : r20.4 : P5.15 : P1.80 : 10.98
4Q /2017 :
========
Compare:
Colliers-- : 500.0k psm : At Q4-2015, Philippines Report
OPDI makati land: 500k x 639 sqm = P 320mn (6.7%) of POPI MktCap (P4.72bn = P2.00 x 2.37bn shs)

 

I find the stability of the Land-to-ALI ratio (from 20xx to 20xx) to be remarkable !

 

> SSC-tutuban: http://www.skyscrapercity.com/showthread.php?t=1413210

Chinatown / Divisoria is a part this thread too:

That is Noble Place in the background, a building by Megaworld which completes in March 2017,

 

> MORE on Chinatown/Binondo thread: http://www.greenenergyinvestors.com/index.php?showtopic=20725

[drbubb]

Top of Page Charts: Gold / USD / china gold // Russell / Copper / china silver

: : :

: :: :

3d : ag : au

 

China/SGE: 4,200 RMB/kg / 6.150 = $ 683 / 35.274 = $19.36 (discount of about 20-25 cents?)

Goldstock : HK-2840 : GBS.L : GLD : GDX : NUGT : tza/faz -- HKpeg : DXY : StkX : 10-d : SPX : sjw : img :

HK 3081: 2899: 1051: hs / UK: POG / ABX : Sil : IAG : dba-etc. ... lot : PB : CVN : CC2 : BTC : SLV-lv

===============================================

 

GDX ... update

 

SLV ... all :

==

[drbubb]

KITCO articles

 

VIDEO NEWS: Gold Needs To Close This Level For Peter Hug To See $1,300 ... Kitco Video NewsDec 1

Trump Tweets About Russia Probe Spark Warnings From Lawmakers ReutersDec 3

Silver & Gold Summit Hey Newcomers, 'Gold Is Really The Best' - David ... Kitco Video NewsDec 1

Enter The 'Petro': Venezuela To Launch Oil-Backed Cryptocurrency ReutersDec 3

Kitco Weekly Outlook: Washington Turmoil Breathes Life Into Gold... ... Kitco NewsDec 1

OPINION: UPDATE: Gold's 2017 Unwind: Are We There Yet? MarketSlant.comDec 1

=== ===

Gold moved higher Friday morning on news that former White House National Security Advisor Michael Flynn pleaded guilty to lying to the FBI. While equity markets slid on the news, Peter Hug, Global Trading Director for Kitco Metals, thinks that overall, equities have priced in an overly-optimistic scenario. “I still think the jury is out on that call,” Hug tells Kitco News, referring to tax cut plans going through and the Fed aggressively tightening into 2018. “I’m still not convinced that the tax reform will get that type of growth that they’re anticipating, and I don’t think the Fed will be as aggressive in 2018, as some analysts are suggesting.”

While Hug sides with consensus on the Fed going ahead with rate hikes at their next meeting in two weeks, he disagrees with analysts forecasting three to four hikes next year, unless “there’s really some significant uptick in growth in the U.S. economy and we start getting more fiscal stimulus out of the Trump Administration.”Hug says that the market is currently extremely nervous. “The slightest things that can go wrong in the market, possibly Trump being implicated in the Russian investigation, hammered the stock market 350 points.” He warns investors that frothy market conditions are “absolutely the time to hold insurance.”For traders, Hug suggests a range of $1,265 to $1,297 per oz. for gold

. . .

On Sunday morning, Trump wrote on Twitter that he never asked former FBI Director James Comey to stop investigating Michael Flynn, the president’s former national security adviser - a statement at odds with an account Comey himself has given.

That tweet followed one on Saturday in which Trump said he had fired Flynn because the former national security adviser had lied to the FBI.

Trump’s attorney, John Dowd, said in an interview with Reuters that he had drafted the tweet and said putting it together had been a “mistake.”

“I’ll take responsibility,” Dowd said.

The series of tweets came after a dramatic turn of events on Friday in which Flynn pleaded guilty to lying to the FBI and agreed to cooperate with prosecutors delving into contacts between Trump’s inner circle and Russia before he took office.

Legal experts and some Democratic lawmakers said if Trump knew Flynn lied to the FBI and then pressured Comey not to investigate him, that could bolster a charge of obstruction of justice.

Senator Dianne Feinstein, the top Democrat on the Senate Judiciary Committee, said she believed the indictments in the investigation so far and Trump’s “continual tweets” point toward an obstruction of justice case.

“I see it most importantly in what happened with the firing of Director Comey. And it is my belief that that is directly because he did not agree to lift the cloud of the Russia investigation. That’s obstruction of justice,” Feinstein said on NBC’s “Meet the Press.”

(Feinstein is an idiot - her suspicious financial dealings should be investigated immediately.)

. . .

TAX LOSS Selling

As gold stocks tend to fall under pressure towards the end of the year, mining trader David Erfle says it’s a good time to get into the sector. Speaking with Kitco News at the Silver & Gold Summit, the newsletter writer says there are a lot of opportunities in junior miners but warns that newcomers to the sector should stick with gold. “If you’re just coming into [the market] and try to play silver with some of these companies, silver is extremely volatile,” he warned. “I think it’s best to scale into some gold companies first and once you’re in the sector, get into some silver.”

. . .

GOLD: the market is still constrained within a narrow trading range and analysts don’t see a breakout anytime soon as potential tax reform could boost the U.S. dollar up and weigh on gold. According to reports, the senate has enough votes to pass its own version of tax reform, clearing another major hurdle.

“Gold’s rally has been impressive, but ultimately I am still neutral on gold and will be until prices break above $1,300 an ounce,” said Colin Cieszynski, chief market strategist at the Fundamental Technician.

Bill Baruch, president of Blue Line futures, said the latest move is another example of how sensitive all markets are to geopolitical issues. He added that this also shows that traders need to be nimble and respect the ranges.

“You don’t try to short the market above $1,268,” he said. “The time to short this market was at $1,300 at the start of the week and you should have been out at $1,277.”

[drbubb]

The Global scale and Deep State involvement is shocking

 

"Almost everyone at the Top"

 

"Emotional Resonance" tells me, this guy is very genuine, & sincere

 

Can you hear it too?

INTERVIEW WITH JOACHIM HAGOPIAN RE : PEDOPHILIA & EMPIRE

 

Lots of shocking detail here.

He names some names and some locations

 

"Goes back to the worshipers of Baal."

"It is cyclical, and may be associated with the fall of America. But we are Turning the corner"

 

He names some names and some locations

[drbubb]

Cameco (Uranium) is bouncing back - as I predicted (I own $7 calls)

 

CCJ ... 5-yr : 3-yr : 6-mo : 10d

 

Huge Volume too : 10.86 million shares ! > see 2-yr chart

 

URA picked up also ... update

 

 

Shares in Cameco up after Kazakhstan plans uranium production cuts

The Canadian Press

December 4, 2017

TORONTO — Shares of Canadian miner Cameco Corp. (TSX:CCO) soared in trading Monday after a rival uranium producer announced plans to cut production.

Kazakhstan’s state-owned Kazatomprom announced it plans to reduce uranium production by 20 per cent for three years, starting in January.

Kazakhstan is one of the world’s largest uranium producers.

Shares of Saskatoon-based Cameco were up $1.69 at $13.73 in afternoon trading. The stock hasn’t closed above $14 since late April.

Uranium prices have struggled since the earthquake and tsunami that caused the Fukushima Daiichi nuclear disaster in Japan in 2011.

Cameco announced plans last month to temporarily suspend operations at its McArthur River mine and Key Lake milling operation in Saskatchewan by the end of January.

==

> http://business.financialpost.com/pmn/business-pmn/shares-in-cameco-up-after-kazakhstan-plans-uranium-production-cuts

[drbubb]

10 PENCE Offering / near 50% discount

 

FDI.L / Firestone Diamonds ... 5-yrs : 2-yrs :

 

Proposed Firm Placing, Placing and Open Offer to raise up to £18.5 million (US$25 million)
Revised mining plan

Restructuring of debt facility

 

Firestone Diamonds plc, the AIM-quoted diamond mining company, today announces a potential fundraising of £18.5 million (US$25 million) before expenses comprising a Firm Placing and a Placing, subject to clawback under an Open Offer, in each case through the issue of New Ordinary Shares at an issue price of 10 pence per New Ordinary Share (the "Issue Price") in order, inter alia, to fund on-going operations at the Liqhobong Diamond Mine (the "Fundraising").

 

In addition, the Company also announces that it has:

· formulated a revised mine plan to better cater for the current lower-than-expected diamond sale results in order to ensure the Company can mine sustainably should the lower average diamond values being achieved persist; and

· reached agreement in principle with its lender, ABSA Bank Limited ("ABSA"), conditionally upon completion of the Fundraising and approval of both commercial and political risk insurance by the Export Credit Insurance Corporation of South Africa ("ECIC"), to, inter alia, defer capital repayments under the ABSA Debt Facility for a period of 18 months from 1 January 2018 to 30 June 2019 and extend the final maturity date by 30 months to December 2023.

 

It is expected that details of the Fundraising and the expected timetable of principal events will be announced later today (the "Fundraising Results Announcement").

A circular setting out details of the proposed Fundraising and giving notice of a General Meeting to approve these proposals (the "Circular") will be sent to Shareholders shortly following release of the Fundraising Results Announcement and will also be available in due course on the Company's website: www.firestonediamonds.com.

Highlights of the PROPOSED Fundraising

 

· Proposed Fundraising of £18.5 million (US$25 million) through a Firm Placing, Placing and Open Offer at the Issue Price. The Open Offer will provide Qualifying Shareholders with an opportunity to participate in the proposed issue of New Ordinary Shares at the Issue Price.

· The Issue Price represents a discount of 49.4 per cent. to the Closing Price on 30 November 2017.

==

> FDI thread: http://www.greenenergyinvestors.com/index.php?showtopic=955&page=3

 

Thank Goodness I sold my last shares at near 50P