Gold Uplegs’ Three Stages

By Adam Hamilton – Re-Blogged From http://www.Gold-Eagle.com

Gold bull markets offer outstanding opportunities for traders to grow their wealth. These bulls consist of series of alternating uplegs and corrections. Naturally the best times to buy low within ongoing bulls are right after corrections when major new uplegs are being born. Gold uplegs have three distinct stages that are evident in real-time in key datasets. Understanding how gold uplegs play out leads to superior gains.

Bull markets in gold can be exceedingly profitable for investors and speculators. The last secular gold bull ran between April 2001 to August 2011. During that 10.4-year span, gold powered 638.2% higher! That radically bested the general stock markets’ 1.9% loss per the S&P 500 over that same time frame. Hardened contrarians willing to buy low as gold bottoms after long bears can ride all of gold’s big bull gains.

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Silver Prospects

By Ted Butler – Re-Blogged From http://www.Silver-Phoenix500.com

Here’s a recent interview I did with Jim Cook, President of Investment Rarities, Inc., for whom I’ve consulted for more than 17 years (where did the time go?). It’s gotten to the point where about the only interviews I do are with Cook, but that’s not due to our long relationship. Rather, it’s because he comes prepared and wastes no words, making my role easy. With Cook, it’s always about getting to the heart of the matter, with the least amount of fluff as required.

Cook: Are you disappointed with the recent price action in silver?

Butler: Of course, I thought we might finally be breaking out.

Cook: What happened?

Butler: It’s the same old story.  As I outlined previously, we were setup for a strong rally at the recent lows, but whether the rally was of the now-typical $2 to $3 variety or the big one was based upon whether JPMorgan added aggressively to COMEX silver short positions. JPMorgan, once again, stopped the silver rally cold by adding massive amounts of short contracts, just as they have on every silver rally over the past ten years.

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FERC & Trump’s ‘Energy Dominance’ Agenda

By Michael Bastasch From The Daily Caller

Re-Blogged From http://www.WattsUpWithThat.com

Most people probably haven’t heard of the Federal Energy Regulatory Commission (FERC), but this agency will be a major driver of energy infrastructure projects.

Those projects will aid President Donald Trump’s goal of boosting U.S. infrastructure and gaining “energy dominance.”

2017-09-23T043635Z_1_LYNXNPED8M04U_RTROPTP_4_ALABAMA-ELECTION-TRUMP-e1506184352267

U.S. President Donald Trump speaks at a campaign rally for Senator Luther Strange in Huntsville, Alabama, U.S. September 22, 2017. REUTERS/Aaron P. Bernstein

 

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Importance Of Being Patient

By Mark O’Byrne – Re-Blogged From http://www.Gold-Eagle.com

– Listen to Jesse Livermore and ignore the noise of short term market movements, central bank waffle and daily headlines
– Stock and bond markets are overvalued but continue to climb… for now
– What goes up must come down and investors should diversify and rebalance portfolios despite market noise
– Behavioural biases currently drive markets, prompting legendary investors to be confused and opt out
– Lesson is to prepare portfolios for long-term and invest in assets that will act as hedge in next market correction or crash
– Gold performs well over the long-term and delivers to those “sitting” and being patient

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Consumer Spending Stalls as Core Inflation Moderates

By Thomson Reuters – Re-Blogged From Newsmax

U.S. consumer spending barely rose in August likely as Hurricane Harvey weighed on auto sales and annual inflation increased at its slowest pace since late 2015, pointing to a moderation in economic growth in the third quarter.

The weak report from the Commerce Department on Friday did little to change expectations that the Federal Reserve would raise interest rates in December. Chair Janet Yellen said on Tuesday the Fed needed to continue gradual rate hikes despite uncertainty about the path of inflation.

“We think current economic conditions are heavily impacted by the effect of the recent hurricanes,” said Chris Rupkey, chief economist at MUFG in New York. “The Fed will rightly look over any soft patch for economic growth in the third quarter.”

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Is Climate ‘Lukewarmism’ Legitimate?

By David Middleton – Re-Blogged From http://www.WattsUpWithThat.com

A very thoughtful column by Ross Pomeroy at Real Clear Science…

Is Climate ‘Lukewarmism’ Legitimate?

By Ross Pomeroy – September 25, 2017

To many, prominent writers Matt Ridley, Ross Douthat, and Oren Cass are a baffling bunch. They are the visible proponents of the position that climate change is real, manmade, and occurring as predicted by the Intergovernmental Panel on Climate Change (IPCC), yet it does not yet constitute a worrying or catastrophic problem. They are “lukewarmers.”

So what do we make of these climate change moderates, who do not hold the invalid, unevidenced opinions of those who deny the scientific consensus, yet at the same time, do not ascribe to the apocalyptic scenarios espoused by climate alarmists and the accompanying solutions to avert them?

As far as I can tell, lukewarmers’ views are legitimate. The mountains of evidence present in the most recent IPCC assessment report, comprising more than 9,200 peer-reviewed studies, cannot simply be cast aside as the product of a conspiracy or a statistical fluke of climate models. If lukewarmers accept the science, they are on solid ground.

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