When I first spoke with Eric Hadik of InsiideTrack.com on December 23, 2014, he correctly forecast that gold would be going up in 2016. As if on cue, it gold and silver have been the best performing assets this year. He believes that we’re in for brief pause or perhaps a decline right now, but that the real action will be starting a new in 2017 and 2018. The dollar has another rally left in it as well. Oil not much to be said. The stock market, not looking good. So stayed for 2017, it promises to be exciting!
If you’d listened to his call on gold last December, you’d be off to a phenomenal start in 2016.
Chris Vermeulen joined us today. He’s highly bullish on gold and silver and sees new highs ahead once gold breaks the $1400 mark. And that’s not too far ahead. It’s been building and when it hits, there’s no telling how high it will go. And it will take the gold stocks with it. So get ready. The Gold And Oil Guy is a daily video newsletter with stock & ETF trade signals. This is a popular resource for both traders and long-term investors of all asset classes. As a trader and contributor to several leading financial websites and radio shows since 1997, Chris brings experience and knowledge not easily found elsewhere.
John Rubino returns… Yellen has made her speech and the other Fed Governors contradicted her, thereby cancelling her out, net result is nothing. So who knows what evil lurks in the heart of central bankers? Monetary policy has been a multi-decade catastrophe. Now that the stock market is too big to fail, they must be extremely careful what they say. So it was good for a week and now the pop is over. The party is over and reality is back. There’s no there, there. So now it’s on to the next Fed meeting.
Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. And he has gotten a peak into the future and he believes the time to prepare is now. With Wealth Research Group, Lior allows readers access into the world of the few who beat the markets consistently for decades, thus leveling the playing field of the investment industry. With immense passion and full-force devotion to the readers, Lior’s purpose is to publish content that will have life-long value and allow readers to approach investing with methodic precision and a well-thought-out game plan. His research is relentless and delivers a unique perspective to investors. As a deep-value investor, Lior loves researching businesses that are off the radar and completely unknown to most financial publications.
Date business started: January 27, 2016
Total sales to date: $265,021
Total units to date: 7,858
Yesterday’s Sales: $3,132
30 day sales: $75,450
30 day unit sales: 2061
Current Number of Products: 7 products 11
Mike and Matt started the business on a whim. They were at a branding conference and a Russian fellow was telling them how he was making $2000-3000 per day selling on Amazon. Mike leaned over and told Matt they were going to start their own Amazon store. And the rest is history. At this rate, over the next 12 months, if things continue the way they’re going, they’ll easily break the $1 million dollar sales mark. And even if Amazon went out of business tomorrow, the skills they’ve learned will enable them to keep on selling. And the profit margin on these sales is enormous, over 50 percent!
This is a unique opportunity we don’t come across often; maybe once in a whole year for all the companies we examine. A new technique that will innovate gold discovery and shoot companies profits through the roof, right here in the United States! And we have the inventor right here today: Wade Hodges of Nevada Exploration, Inc. Learn More about Nevada Exploration on our Description Page: FutureMoneyTrends.com/Gold
Insider Trading on Capitol Hill, who would’ve thunk it? Christopher Markowski is America’s Watchdog on Wall Street and Opens up Our Eyes to all Insider Trading Secrets and Stories that You can only hear here FIRST! A few weeks before the government announced a funding cut for some home-health-care services in 2013, a player in Washington’s political-intelligence business tipped off a hedge-fund manager, according to public documents. The next day, the hedge fund signed a $100,000 annual contract with the alleged tipster in Washington. Who was it you ask? None other than health-care-policy expert David Blaszczak, who has regularly been ahead in foretelling moves by CMS, the world’s largest buyer of heart stents, hospital stays, arthritis pills, knee replacements and other medical care and services. Hedge funds routinely buy or sell stocks based on his predictions of political-intelligence Mr. Blaszczak’s alleged tip is one spoke of a broad federal investigation and is becoming one of the most significant insider-trading investigations involving Washington’s political-intelligence industry.
We connected with Doctor Elaina George to get updated on the latest Obamacare disaster. There’s no good news coming out of the country’s latest effort at socialized medicine. And there’s nothing that can save it. The cooperatives are all failing and the largest health insurers are pulling out from the marketplaces. But there’s hope. Liberty HealthShare is going like gangbusters. Dr. George also gave us a source for low cost blood tests: www.anylabtestnow.com and www.blinkhealth.com for discount drugs.
Dinesh D’Souza came over from Mumbai as an exchange student. Now he’s an author, scholar and film maker. His latest book/film Hillary’s America: The Secret History of the Democratic Party is really making waves. His last book/film landed him in hot water with the administration and he wound up being charged for a criminal violation of an obscure campaign finance law. The US Attorney tried to get him jailed for 2 years but he received a much more lenient sentence. Now he’s back unashamed and undeterred and Hillary is his target. He doesn’t want to see her gang take over the country.
Recent Fed figures show that Millennials are using less credit than ever before, but is this a good trend? Maybe not. Paul Oster says that judicious use of credit actually can help Millennials achieve their life goals, such as purchasing autos and homes. When you’re just using cash and debit cards, you’re not building you’re credit score and then when you go to make a purchase that requires credit, it’s often too late. The key is to use credit sparingly, but enough to build a good score that’s there when you need it. Just go over to Paul’s site and see how it’s done.
Josh Bernstein joined us for a look at the Obamacare implosion. The non-profit Obamacare coops are all quickly biting the dust. The private insurance companies are all withdrawing from the Obamacare insurance marketplace. What’s a socialized medicine advocate to do? Well they haven’t figured that out quite yet, but give them time. No doubt the solution will involve lots of government money and restricting your freedoms, like they always do. So get ready, the worst is about to happen.
Fossil fuels are bad. Illegal immigration is necessary for the economy. Free markets are arbitrary and cruel. Christians are intolerant. Men and women are exactly the same. The dogma preached by the far left has gone mainstream and the results are frightening: Most of what you hear these days is flat-out wrong. Mark Davis, widely heard talk show host, columnist and author, pulls apart the tenets of liberal dogma in Upside Down, a right-side-up correction of everything that’s wrong with today’s topsy-turvy world.
The smooth functioning of the U.S. economy is based on citizens having confidence in the country’s leaders. Over two-thirds of the U.S. economy stems from consumer spending. When consumers lack confidence, they scale back spending. When businesses lack confidence, they lay off workers or stop hiring. When new home buyers lack confidence, they postpone signing a contract. Last Friday, Bloomberg News reported that the CEO of Signet Jewelers Ltd., Mark Light, was blaming a slowdown in diamond wedding ring sales on “a presidential campaign season that has scared couples into closing their checkbooks.”
Just a quick post on Jan Nieuwenhuijs/Koos Jansen’s article on the refusal of the Dutch Central Bank to publish a bar list. The reason given was that “the conversion of internal lists to documents for publication would create too many administrative burdens.”
I find this excuse weak when gold ETFs can produce bar list in the thousands of pages, and do so without creating any security issue. Even if the custodians where they have the gold have given them a pdf bar list that for some reason contains information that could be a security risk, it should not be a problem to ask that custodian to modify the report/query on their inventory database to exclude such information, or output only the relevant fields of data as a csv file or spreadsheet. If the problem with doing that is that the custodian does not operate an electronic inventory system then we have some serious questions about the control and safety of that custodian’s operations.
In a recent opinion piece for the Wall Street Journal, Harvard economist Kenneth Rogoff declared that there’s “little debate among law-enforcement agencies that paper currency, especially large notes such as the $100 bill, facilitates crime.” Rogoff would like to discontinue the $100 in order to – try not to laugh – reduce crime.
Can the eminent economist really be so naïve as to presume that the disappearance of a piece of paper would prove effective at making the U.S. (and the world) more honest and safe? Apparently he does, while lightly acknowledging what economists refer to as the “substitution effect.” If $100 Federal Reserve notes prove scarce, then similar euro and Pound bills will do the job, as will 10,000 yen notes. If $100 bills simplify big criminal transactions, wouldn’t little gold coins simplify crime even more?
There are numerous bullish ABC pattern big and small pushing the broad averages higher, but I’ve used a relatively modest one to project a 2303.00 rally target for the E-Mini S&Ps that could be hit within the next day or two. My instructions are ostensibly geared toward getting long for the ride, but a potentially juicier opportunity could come from getting short at the target. We’ve been quite successful at this game in the past even though the bull market has always eventually stopped us out of whatever portion of our position we’d held for a swing at the fences. Let me add that, for reasons of objectivity, although I typically tune out the technical forecasts of colleagues, even the ones I greatly respect, it’s difficult to ignore the quickening tempo of their bearish drumbeat lately.
Once upon a time, banks were about lending money and banks business model depended upon the spread or difference of borrowing short and lending long. The greater the differential in the spread of short term and long term lending, the greater the profit. So, it should be noteworthy when the spread begins shrinking. At present, spreads have fallen 65-75% from 2011 peaks…and are rapidly gaining speed to the downside. The chart below shows the spreads based on the 30yr and 10yr Treasury’s minus the 2yr.
The latest Conference Board Consumer Confidence Index was released this morning based on data collected through August 18. The headline number of 101.1 was a solid increase from the final reading of 96.7 for July, a downward revision from 97.3. Today’s number was substantially above the Investing.com consensus of 97.0. This is the highest reading of the past 11 months.
Here is an excerpt from the Conference Board press release.
“Consumer confidence improved in August to its highest level in nearly a year, after a marginal decline in July,” said Lynn Franco, Director of Economic Indicators at The Conference Board. “Consumers’ assessment of both current business and labor market conditions was considerably more favorable than last month. Short-term expectations regarding business and employment conditions, as well as personal income prospects, also improved, suggesting the possibility of a moderate pick-up in growth in the coming months.”
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