31
July
2018

JULY'18 (public)

The last week of june they had to sell 793 kgr of gold contracts to bring the price down by only $25

 

[Most Recent Quotes from www.kitco.com] [Most Recent Quotes from www.kitco.com]

Tuesday July 31, 2018 - When Gold & Silver price rise, all Miners will rise exponentially.


Updated Sections:

Crypto-currencies and Bitcoin are excellent instruments with ZERO INTRINSIC VALUE. It is a SYSTEM ....not Money!

Important Fundamentals:

Gold miners with the lowest AIS Cost. (We excluded royalty and streaming companies such as Royal Gold and Franco-Nevada as well as large gold miners that report only on a cash cost basis, such as Randgold Resources.)......more in the subscriber's section

All of these gold miners have done a good job of reducing their costs over the past five years as gold prices have retreated from nearly $1,900 an ounce back in 2011. If gold were to remain near $1,300 an ounce, all 10 of these mid- and large-cap gold-mining stocks would be healthfully profitable.

...more in the subscriber's section

Picture below clearly shows that PROFIT made by Miners will GEYSER as soon as Gold initiates the next upleg. Note that profits will jump even when we only have a small price increase of Gold over the next months.

...more in the subscriber's section

Important Technicals:

  • When Gold & Silver price RISE, (almost) ALL Miners will RISE.....
  • Gold Price will go up once time is up (Gann) and time is almost up. Remember that an early bottom spells a STRONG UPLEG....more in the subscriber's section
...more in the subscriber's section  
   

Copyright 2018, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Monday July 30, 2018 - The U.S. Shale Oil Ponzi scheme explained


Updated Sections:

The horrible economics of the U.S. Shale Oil Industry will pull down the entire economy. Very few people understand the massive decline rates these shale fields experience. This can be compared with what happened in the U.K. with the North Sea oil. The same dtory but different....American shale oil will be available for a short period of time - that is on condition that Oil prices stay above the $60 per barrel.

While the U.S. reached a new record of 11 million barrels of oil production per day last week, the top five shale oil fields also suffered the highest monthly decline rate ever.  This is bad news for the U.S. shale industry as it must produce more and more oil each month, to keep oil production from falling. Even with higher oil prices, the U.S. shale energy companies are still struggling to make money.

So, the question remains.  What happens to these shale oil companies if the oil price falls back towards $30 when the stock market drops by 50+% over the next few years??  And how is the U.S. Shale Energy Industry going to pay back the $250+ billion in debt??...more in the subscriber's section

Important Fundamentals:

  • Russia sold all his U.S. Treasuries (=U.S. Dollars) and bought GOLD with the money. They know what they are doing....

Russia treasuries holdings 2018 07 24

  • We have a historic HIGH number of GOLD SHORTERS....and they don't know what they are doing....This record number of shorters will result in a SEVERE UP-SPIKE of Gold at some time BEFORE YEAREND....more in the subscriber's section

Gold shorts 2018 07 26

Important Technicals:

Dow Gold ratio 2018

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Friday July 27, 2018 - The digital operation "GUTT" of the 21st century is already happening.


Updated Sections:

The operation "GUTT" of the 21st century is already happening. It's done by means of Negative Nominal Interest Rates, Negative REAL Interest Rates, by limiting the way Investing in certain financial instruments is possible. It's done by means of "execution only accounts" and by limiting the MAXIMUM one is allowed to invest in a certain investment instrument/sector.  This implies that it becomes very difficult to invest more than 1/3rd of your savings in Oil shares or in Gold shares only. Government has decided that such a position is dangerous for your financial health.

A WIN-WIN situation for Governments and Bankers it is.

The new Compliance rules , FATCA and CRS also push the bulk of the Savers to keep or repatriate their savings at home with their local financial institution/bank. As a result  it so becomes extremely easy for the Government to seize part or all of it at a later date. As soon as these funds are deposited in one's account become parts of the assets of the local banks and can be used as a guarantee by the banks versus 3rd parties. The deposits also become subject of a BAIL-IN in case the bank you are holding your savings with, runs into financial difficulties.

Now that financial instruments - from currencies to equities (bonds and stocks) - have been digitized it's only a matter of time before Government seizes part or all of it....for the sake of Democracy. Whether such happens overnight or over a period of years doesn't matter, the end result will be the same: Real Estate prices will come down and society as a whole will become poorer.

Because of the above reality, it becomes extra difficult for Savers to safeguard their wealth. The few options left on the bucket list are: physical gold & Silver out of political reach in non-bank vaults, Real Estate out of political reach on condition one buys it at a price BELOW the construction cost,....

 


You either keep the bulk of your assets in EQUITIES or in Gold. Those who keep it in Equities will loose big the coming years. To add insult to injury most investors keep their SHARES with a BANK...and risk to loose these in case the Bank or the transfer agent goes under....more in the subscriber's section

Important Technicals:

  • Bollinger Bands for Gold and Silver are SQUEEZED indicating we must expect a swift up (or down) movement soon.
  • Following shares are a BUY at present levels. (charts come with targets):...more in the subscriber's section
     
  ...more in the subscriber's section  
     

 

Copyright 2018, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Thursday July 26, 2018 - Leg #5 is always the most rewarding of a Stock Market Cycle 


Updated Sections:
World Stock Mareket Indexes,

Leg #5 is always the most rewarding of a Stock Market Cycle...but also the most dangerous leg......more in the subscriber's section

Debt to GDP 2018 07 25 at 9.27.45 AM

Important Fundamentals:

  • For the USA to keep the xxxxx-business alive, the price of Crude Oil MUST stay high and at least above the xxx per barrel.
  • There were many positive aspects to xxxxx (xxxx) second quarter results, reported on July 20, and xxxx stock continues to have multiple, positive, strong longer-term catalysts.....more in the subscriber's section

Important Technicals:

  • xxxxxx (xxxxx) is a BUY NOW @ c$ 12.50 (see juniors)
  • Most indicators for Gold & Silver miners tell us this is the time of the year to BUY!  BUY NOW...
  • The US-stock market remains bullish. The current consolidation is an accumulation zone and will be followed by higher upside targets. Leg # 5 will extend to +30,000 for the Dow Jones and +3,000 for the SP500.
  • The Canadian stock market performs exceptionally well and this will continue as Commodity and Energy prices continue to rise....more in the subscriber's section

Copyright 2018, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Wednesday July 25, 2018 - Certain Swiss Bank Refuse To Return Client’s Gold!


Updated Sections:

Swiss banksSwiss Bank Just Refused To Return Client’s Nearly 1/2 Tonne Of Gold (this is only one of the many happenings). Swiss and German banks are enforcing cash and gold withdrawal limits for clients. Currently, Swiss banks are capping client cash withdrawals to between EUR100K to EUR200K.

Recently a German bank refusing to deliver 500 kilos of a client’s physically allocated gold. The condition laid down for the bank to deliver the Gold was that the client would first have to deposit an equal value of stocks, bonds, or cash. Such a condition strongly suggested that the gold was in fact held in unallocated form and needed to be physically purchased. [note that in this case, the 500 kg gold only represented 10 % of the client’s overall bank holdings]. This strongly suggest that the bank is using the client's gold as collateral...as guarantee for the operations of the bank.

Recently a Swiss foundation sought delivery of their 420 kilos of gold (which is nearly 1/2 tonne of gold). They were refused. Seeking assistance, the bank was approached by a well-known vaulting partner with an offer to purchase the kilo-bars directly from the bank at a commercially acceptable premium to spot. This offer should have been immediately accepted as it would have been profitable for the bank. However, this offer was also refused, and the foundation was told to settle their gold account for cash.  Clearly the foundation’s gold was not held by the bank.

In another case the Swiss bank refused to deliver 25 kg of gold to a client unless the client came "in person" to the bank to collect his gold...The client proposal to send his wife with his lawyer with a LEGALIZED POWER of ATTORNEY (with Apostille) to take delivery of his gold was not accepted....more in the subscriber's section

Important Fundamentals:

  • As investors, we tend to spend our time selecting the right shares to buy. But if we step back, we may realize that our success in picking stocks may play a relatively small part overall in our lifelong financial security. We need to broaden our thinking and diversify our investments beyond stock and Real Estate markets.
  • Commercials now have 2nd largest Long Platinum Position In History! ...and Platinum stocks are cheap as chips....more in the subscriber's section

Important Technicals:

  • This is the 5th and final leg of the Bull market unfolding. The US-Stock Market Indexes keep moving to new highs driven by a narrow group of stocks: Facebook, amazon, Google, Microsoft..... The untouchables. This reminds me each daily of the DOT.COM bubble and the day the pin hit the bubble. These 5 stocks now worth nearly $4.1 trillion. That makes these 5 companies the 4th largest economy of the world if you use GDP as a reference. Not bad for less than a million people employed at these 5 companies.
  • Microsoft is now 29% above its yearly Bollinger band and 42% above its yearly 5EMA. Amazon is now 49% above its yearly Bollinger band and 67% above its yearly 5EMA.  The NASDAQ is now on its 10th uninterrupted year up: 17% above its yearly Bollinger band and 31% above its yearly 5 EMA. The NASDAQ made another all time human history high and is also far disconnected from its quarterly 5 EMA.  (5 EMA is the fast exponential moving average).

  • Note that we almost hit the 30,000 level for the Dow Jones Industrials (level I predicted years ago) it is time to be CAUTIOUS and look down below to the 15,000 level which at some time MUST be tested BEFORE the Dow Jones can hit higher targets.   ...more in the subscriber's section

lt backtest

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Tuesday July 24, 2018 - You must be crazy to keep your Gold in a Bank Deposit box or Vault!


Updated Sections: Gold & Silver Majors, Gold & Silver Juniors ,

You must be crazy to keep your Gold in a Bank Deposit box or Vault! We absolutely confirm that the story about the investor trying to get his gold delivered by his SWISS bank is correct as we have also lived similar experiences. If you have Gold and/or Silver you MUST keep it in a NON-BANK-VAULT out of political reach and NOT in the EU, nor in Switzerland

I have no idea what will happen and how Governments will seize part of all of their citizens Gold holdings. As usual it will come as a Windfall Profit Tax and a complete SURPRISE to the general public. But seized it will be!  I expect the outcome to be even worse for those who bought Gold and/or Silver without an invoice and are keeping the metal at home or in their garden...Governments will paint them as REAL CRIMINALS and ENEMIES of the PEOPLE!

Just compare what you get from your local bank to the service you get in our Vault. In many cases, even the yearly cost is lower....Example: yearly cost for a small box with $100,000 insurance costs $800 [cost is $400 with $10,000 insurance]. Optional is a Lloyd's of London insurance against political theft.- remember at all times that Governments STEAL!!!

 vault us

Important Fundamentals:

Important Technicals:

  • The gold & silver miners seem to be frozen...For 3 months in a row, almost NO PF-chart needed an update.
  • The chart for the SSEC (Shanghai Stock Exchange Index) is still BULLISH....more in the subscriber's section

Copyright 2018, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Monday July 23, 2018  - 
Trump  poised to take control of Federal Reserve.


Updated Sections: ,

Trump to take control of the FED is probably the NEWS igniting the upward spike of Gold, Silver and the Euro. 

Trump’s comments on the Fed were a big deal. Here’s why from CNBC.

President Trump sharply criticized the Federal Reserve this week, saying interest rate increases are hurting the economy. Trump will have the opportunity to fashion the central bank in the image he would like as he has four vacancies to fill on the board of governors. The result will be a more politicized Fed.

President Donald Trump has multiple reasons as to why he should take control of the . He will do so both because he can and because his broader policies argue that he should do so. The president is anti-over regulating American industry. The Fed is a leader in pushing stringent regulation on the nation. By raising interest rates and stopping the growth in the money supply it stands in the way of further growth in the American economy....more in the subscriber's section

Important Fundamentals:

  • The big question is, what will trigger the turning point for the next leg up of the Gold & Silver sector, and when will that be? Will it be Trump taking control of the FED? Very well possible...
  • The cost to produce gold is much higher than what the market realizes. As the cost to produce gold has skyrocketed over the past two decades, the mining industry has hidden certain costs by placing them in their capital expenditures. This has lowered their "Cost of Sales" figures but has significantly increased their capital expenditures....more in the subscriber's section

Important Technicals:

  • The bar charts for Gold & Silver show a schoolbook reversal pattern.  Note this is happening EXACTLY as the price if Gold and Silver hits the BLUE Secular Trend line on our Point & Figures charts and the Dollar/Euro is bouncing down its resistance level....more in the subscriber's section 
   
 ...more in the subscriber's section  
   
  • Either the xxxxx market is over, or it isn’t. If it is gold stocks should fall much faster than gold itself. But not only are they not falling faster than gold, they’re barely falling at all. Gold mining stocks haven't budged as gold has fallen 8.5% since April. ....more in the subscriber's section

Copyright 2018, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Friday July 20, 2018 - Will $-Gold hit our cycle target over the coming days?


Updated Sections: PF-charts of Gold expressed in most currencies, 

napoleon goldcoinIn 1933 President Roosevelt seized the Gold of the Americans and raised the official price of Gold to $35 per ounce. It stayed $35 until President Nixon closed the Gold window in 1971. In 1980-81 Gold spiked around $850. The Goldminers soared during and after the Big Depression and reached a peak in 1936. Miners stayed at these levels until the beginning of the World War in 1940.  Gold and Miners tell more about an economic crisis than about Deflation or Inflation. During World War II the Golden Napoleons were a big favorite of the french farmers. During the War, those with Napoleons could afford whatever they liked...Bear in mind that during the World War (as is the case during most wars) most Real Estate was BOMBED and to be rebuild when the War was over....more in the subscriber's section

Note: Napoleon paid his army in GOLD coins and all privates were insured by France for injuries and death.

Important Fundamentals:

  • SOUTH African gold producers including xxxxxxx-xxxxxxx Gold have tabled a three-year wage offer to unions with increases ranging between 3% and 6.5% depending on the employee category. An analysis of the profitability of South African gold operations, based on an average gold price of $1,257 per ounce, against the All-In-Sustaining-Costs (AISC) of 26 mines/business units as reported for companies’ 2016/2017 financial years, reveals that around 75% of these units are either unprofitable or marginal.
  • By 2017, the country’s share of the world’s newly-mined production had reduced to 4.4%, ranking only seventh among gold producing nations, behind China, Australia, Russia, the USA, Canada and Peru. In the last decade alone, South African gold production has declined by 30% to 136 tonnes in 2017, and this was a period of stabilization following the precipitous decline seen in the previous decade.
  • Almost 90% of uranium delivered to U.S. reactors was from foreign nations in 2016, according to the government agency, indicating that just like rare earth metals, if America's trading partners wanted to put the US economy in a vise, they could simply stop exporting uranium to the US and watch as the country's military and power generation sectors grind to a halt....more in the subscriber's section

Important Technicals:

  • Summer shake out in the Gold & Silver sector. Few pay attention to the fact that the US-Dollar is weakening...Check our SUPPORT levels and Blue Secular Trend lines in the respective sections. Don't forget to look at the 'special ratio PF charts' (especially for Gold expressed in Sterling).
  • Note the upward spike in the price of Gold and Silver on Thursday. This happens EXACTLY as the PRICE of Gold and Silver hit our SUPPORT ZONES on the Points & Figures charts.
  • With Netflix gapping down more than 50 points earlier this week, one market veteran just warned, “They eventually pull the exit trigger and the market collapses.” Markets are OVERBOUGHT and EXTREME CAUTION is required....more in the subscriber's section

Silver 2018 07 19 at 1.40.57 PM

EURUSD 2018 07 19 at 1.58.43 PM
Silver spikes up (Gold also) Dollar spikes down

 

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Thursday July 19, 2018 - Gold & Silver fractionally lower but Miners just Yawn...but pivoting higher yesterday afternoon.


Updated Sections:  ,

U.S. and EU inflation figures are steadily firming. The U.S. consumer prices recorded their largest annual increase in nearly 7 years. This will keep the FED and ECB on a gradual interest rise.

This is what happened during the Great Depression (1929 - 1939). Homestake went up from $ 50 to $ 500!

From 1929 to 1939, Homestake Mining, which you might think of as a proxy for senior [gold] mining stocks, rose from $80 per share in October 1929 to $495 per share in December 1935, which was 519% and it paid large annual cash dividends while gold was only increased from $20/oz to $35/oz in 1933 by government decree. In 1924 dividend was $7 . In 1935 dividend was $56 or more than the market value of the stock in 1924....more in the subscriber's section

to be continued in tomorrow's update...

Important Fundamentals:

  • Good news for European bikers. Harley Davidson is moving its European bound motorcycle production out of the U.S.
  • 2017 was a decline in global gold mine production and marks the first annual drop since 2008....more in the subscriber's section

Important Technicals:

  • xxxxx were fractionally lower against a U.S. Dollar which isn't stronger...on the contrary. Our hard Bottom for $-Gold remains xxxxx (bottom which we may not see). It looks to us as if the precious metals sector is hitting the lows finally.
  • Don't forget the U.S. Dollar will soon resume it's BEAR TREND and this may well take a lot of investors by surprise.
  • The Stock market looks very promising as it engages it's LAST UPLEG #5.  If you decide to play this last leg, be CAUTIOUS. This stock market rise is over NINE years old and it's vulnerability is rising accordingly....more in the subscriber's section

Screen Shot 2018 07 18 at 1.38.51 PM

Copyright 2018, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Wednesday July 18, 2018 - Do we have a cyclical low for Gold and Silver?

Updated Sections: Agriculturals, Stock Market Indexes in Real Money/Gold, Long Term Stock 
Market Indexes
, World Stock Market Indexes, Royalties,
Investment Pyramid, $-Gold,

Hyperinflation is coming.

Important Fundamentals:

  • xxxxxx announced the startup of the Topolobampo Pipeline, which provide greater interconnections in Mexico, allowing more U.S. natural gas from Texas to reach Mexico. 
  • xxxxxxx is increasingly an international traded commodity with global markets expanding as more countries transition away from a reliance of coal for power generation and heating and from solid fuel or electricity for cooking. The USA has the potential to be a xxxxx exporter since it has .... ...more in the subscriber's section

Important Technicals:

  • Gold & Silver are still OK...see PF charts and support levels AND SEASONAL cycles. See Gold & Silver sections for details. 
  • Be advised that a DIVERGENCE most of the time is a dangerous & treacherous technical pattern because it fools many.
  • The 2nd chart (bar chart) shows the important levels for the U.S. Dollar and Euro: xxxx on the Dollar/Euro and xxxxxx for the Dollar Index. Also bear in mind that the Summer period and what happens the coming weeks is VERY IMPORTANT for the coming trend of the Dollar... ...more in the subscriber's section
divergence july 2018
  • Cycle Picture below will be added to the section INVESTMENT PYRAMID and adjusted from time to time..each time when required.

Cycle July 2018

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Monday July 16, 2018 - Every normal educated person knows the music will stop "one day" , only we don't KNOW "which day" !


Updated Sections: ,

Every normal person knows the music will stop "one day" , only we don't KNOW "which day" ! As usual only those who are prepared will survive....those who are not prepared and refused to take precautions will loose A LOT. Even if their name is SOROS,.....If I see how many people BELIEVE in Bitcoin and Cryptocurrencies, it is not hard to understand that the majority of the citizens keep having faith in the traditional monetary instruments and in Real Estate. After all, centuries ago, John Law was able to fool the people a whole country and even the King of France! The longer it takes before the system freezes up, the less people will believe it will and the more will be caught by surprise.

Danger Pyramid

You will notice the pyramid is inverted. 100 years ago, this pyramid was inverted but obviously much smaller altogether. What has happened over the last 100+ years is that more and more “derivatives” of all sorts have been created. Also, “promises” of all sorts have been made. When I say promises, we are talking about pension plans, health aid, welfare etc. that promise current and future benefits. Basically, via the use of credit (and derivatives since the 1970’s), asset values have been continually inflated and re inflated. Without credit and without derivatives, valuations of most ALL assets would be only tiny fractions of what they are today....more in the subscriber's section

Important Fundamentals:

  • xxxxxx Tumbles On Report Amazon May Start Selling Switches. After demolishing bricks and mortar retailers, grocers, and more recently, pharma outlets with ambitions to take on the big banks soon, Amazon has decided to conquer yet another market. Amazon Web Services is now eyeing a part of the cloud business it doesn’t already control: the $14 billion global market for data center switches....more in the subscriber's section

Important Technicals:

  • The Gold & Silver sector should be BOUGHT NOW! Shares below can be bought at today's price levels.
     
   ...more in the subscriber's section  
     

 

Copyright 2018, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic


Friday July 13, 2018 - The most stupid thing one can do, is have faith & believe in politicians.


Updated Sections: Bio tech - Pharma shares, Recession Proof shares , Recession proof-Hold, Copper-Platinum & non-ferro's, Coal & Solar - Rare Elements,

This is the REAL reason why the European politicians allow this illegal immigration. They know that - if nothing is done - in 10 years from now there won't be anybody left to tax, to pay for the pensions of the aging Europeans and most important, to pay for their salaries and the salaries of their petty government officials. The PROBLEM is even bigger in Europe than it is in the U.S.A. where birth rates are still acceptable. In the US SENIORS keep working, even when they are SENIORS!  The Europeans are SPOILED to DEATH....just name it: pensions, social security, mother-leave, father-leave, sick-leave, 13th month salary, Paid vacation (FIVE WEEKS), company car,....In America PEOPLE WORK...that is on condition they have a job!

PENSIONS 2018 07 11 80 SENIORS 2018 07 11

Important Fundamentals:

Important Technicals:

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Thursday July 12, 2018 - Within 10 years from now, Europe will have become a Muslim continent and there will be more Mosques than Churches...and this is irreversible!


Updated Sections: ,  

Within 10 years from now, Europe will have become a Muslim continent and there will be more Mosques than Churches...and know this is irreversible!  For God's sake, don't count on politicians. Politicians will rather allow Muslim immigrants to populate Europe than to end with no subjects to rule upon and nobody to tax. If you read this, you are almost sure YOU will also have to live UNDER MUSLIM LAW. You can be 100% sure your children and grand-children will. Your grand-daughter will be circumcised and will have to wear a scarf (or worst case scenario a Burka)... During this (r)evolution, brace for civil unrest and maybe a civil war. Do you have the balls to look at the movie below all the way to the end?

Paper gold trading days for London & New York numbered. Gold-backed ETF's only provide exposure to the gold price and not to gold. Unit holders of gold-backed ETF's are shareholders, not gold holders. Gold-backed ETF's are also complex trusts or securitized products, where the trust owns the gold, and there are many moving parts and a lot of counter-party risk to the various entities-backed ETF's, there is also no option to take delivery of the underlying gold or to convert the units or shares into physical gold.

If you want wealth preservation that is outside the banking system and that doesn't have any counter-party and no contract or entity that can default, then you have to choose physical gold. 

The advantage of physical gold is that it is portable and anonymous, difficult to counterfeit, cannot be debased and is highly stable to counter-party risk or default risk since it’s not issued by any corporation, government, central bank or other entity. It’s also portable across international borders (at least for the time being) and due to the universal acceptance of gold around the world, the gold market is highly liquid and gold bars and coins, as long as they are recognized as being fabricated by well-respected mints and refineries, can be sold in almost any city in the world so as to raise cash at any time......more in the subscriber's section

NEVER  keep your Gold in a safe deposit box with a BANK  !

Important Fundamentals:

Important Technicals:

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Wednesday July 11, 2018 -  U.S. Sanctions to add $50 to the Oil price.


Updated Sections: Banks & Financials, Natural-gas-shares, Oil Shares  , 

As we explained months ago, now that the OIL-BENCHMARK is in the hands of China, the oil price is rising as we expected. Expensive oil ensures the US-Shale oil producers can again operate at a profit and the U.S. needs to import less oil. It's all part of the new Trump policy trying to reduce as much as possible the trade deficit: EXPORT more, IMPORT less, lower U.S. Dollar,...

china oil benchmark 

Important Fundamentals:

Important Technicals:

...more in the subscriber's section  
click to enlarge - try to buy at the bottom of the trading zone click to enlarge - try to buy at the bottom of the trading zone

 

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Tuesday July 10,2018 - Don't expect Real Estate to save you...on the contrary!


Updated Sections: ,

Don't expect Real Estate to save you. This chart of Real Estate expressed in Real Money or Gold speaks for itself:

RealEstate Gold

Those who chained themselves to real estate with a mortgage will suffer even more...Holding physical gold is definitely the best hedge against all sorts of fiat money risks, but from a central bank perspective it is definitely the best hedge against a weakening dollar and weakening Euro that is on its way to reaching its intrinsic value which is zero.....more in the subscriber's section

Important Fundamentals:

  • The Swiss government Pension System decided to change from paper gold in the amount of 700 million CHF into physical gold and store it in Switzerland.
  • Following at least 10 similar reports of banks refusing to deliver clients’ physical gold bars, last week a very wealthy client sought to remove 500 kilos of his physical gold from a German bank for safekeeping in a secure, independent vault out of political reach. The bank refused delivery of his gold bars.
  • In Canada, export of Gold by a natural person has become extremely hard. If possible at all.
  • The less Oil & Goods invoiced in US-Dollar the lower the Dollar will fall. U.S. tariffs on $34 billion worth of Chinese goods began on Friday, with retaliatory tariffs from China immediately implemented.  As China moves to put tariffs on U.S. crude, Chinese refiners are looking elsewhere for oil imports.
  • $150 oil is possible. Any shortfall in supply will result in a super-spike in prices, potentially much larger than the $150 a barrel spike witnessed in 2008. Oversupply in the past few years has masked “chronic underinvestment”. The oil majors have seen their reserves fall by an average of 30 percent since 2000.....more in the subscriber's section

Important Technicals:

...more in the subscriber's section 

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Monday July 9, 2018 - No doubt confiscation of GOLD (& Silver) is coming!


Updated Sections: Uranium shares, Crude Oil, €-Gold & €/$, Aussie-Gold & Aussie/$/€, Swiss-Gold & Swiss/$/€,

panama churchThere is going to be a huge premium on Gold and Silver stored in safe jurisdictions. We don't know when but the day the Governments start to seize of (windfall-profit) tax Gold and Silver, the investors will desperately try to buy gold and silver which is kept out of political reach in non-bank-vaults.

No doubt confication of Gold & Silver comes...we just don't know WHEN. As the collapse of the Iranian rial has led to soaring inflation, leading to protests and civil unrest,  authorities are beginning to crack down on "gold hoarders" as Iranians scramble to preserve their wealth by swapping rials for gold, which has the added effect of exacerbating the already troubled currency's decline.

The "Sultan of Gold Coins" . In a move that will send a message to others who've buying up large quantities of gold, Iranian police have arrested a man they accused of hoarding two tonnes of gold coins with the intention of manipulating the local market. Tehran Police Chief Gen Hossein Rahimi said the unnamed 58-year-old had collected an estimated 250,000 coins over the past 10 months, working in concert with several accomplices. Police dubbed him "Sultan of Coins." During times of unrest, authorities often try to redirect public anger away from the government by creating a scapegoat - like "hoarders" - and blaming them for the country's economic ills. This is what GUTT did after WWII in Belgium. He blamed the FARMERS and other who made money during the German occupation.  

Don't follow the STUPID HERD but maximize your physical gold and silver holdings NOW + keep these out of political reach—unless you want to be hit by the digital Gutt...

Note re. picture: This is the golden altar from the Iglesia de San José in the old town section of Panama City. On January 28, 1671 the famous pirate, Henry Morgan (a Tax collector for the British Queen) landed 1,400 men outside the city and proceeded to loot and burn it to the ground. Legend says that this altar survived because of the wit of a local priest and the hard work of the people. One story says the priest called on the people to rub the altar with charcoal to hide the fact it was gold, thereby fooling the pirates. Another story (actually written on a plaque in the church) is that the priest and townspeople dismantled the altar and hid it in the bay. When Morgan arrived to loot the church, the priest showed him the “unfinished” altar and asked for 1000 gold ducats to finish it. The pirate (read Government) was so taken aback by the request and the boldness of the priest, he gave the money.

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Friday July 6, 2018 - Rien ne sert de courier il faut arriver a point (there is no point in running, you have to get there before it is too late)!


Updated Sections: Investment Pyramid (ratio's have been changed), Operation Gutt

Screen Shot 2018 07 05 at 2.16.23 PMI know this is true because a Grand-Aunt actually told me the story when I was a kid. During the reign of Leopold II, Belgium was probably the richest country in the World. At the end of World War II Belgian farmers had become RICH people....and Belgium had become a poor country.   War was a welcome excuse to get rid of as much debt as possible and to drain as much money as possible out of the citizen into those of the state.  Camiel Gutt (a Belgian politician who became the 1st president of the IMF) used an excellent excuse to legally rob the Belgian population (France and The Netherlands did it in a different way) in favour of the Belgian Government.... 

The Gutt operation: During World War II the Belgian economy suffered from severe inflation. Between May 1940 and October 1944 the total money supply in Belgium increased threefold. The disastrous example of World War I, was still fresh in people’s memory. There were also growing demands from the public for financial penalties to be imposed on those who had made illicit profits during the war, primarily on the black market.

The vital currency reform which took place in October 1944 comprised a whole series of measures, but the most striking was the compulsory exchange of banknotes with a value of 100 francs or more. Some of the new banknotes had already been printed in London during the preparations for the operation. This exchange had to take place within a 5-day period, creating long queues at the banks.

The public were only permitted to exchange up to 2000 francs per household member. Many people did not have that much money in those days, but the ones who had more found that the rest of their money was frozen. Later they were able to use some of it to pay taxes, fines and legal expenses, but most of it was converted into a compulsory loan to the state.  People with banknotes sometimes declared and deposited only part of the total and left the remainder for other less well-off persons, or institutions such as the church which were exempt from these measures.

Because of the digitalization this kind of action has become a lot easier to implement. Whether you keep your "purchasing power" in bank deposits, equities or in a bank safe won't save you! Those who made a fortune with cryto-currencies, equities or bonds,...risk to loose it all. At least this is what happened after World War II....and this will happen again!

Important Message:

The Economic Storm Has Already Begun & The Brunt Of The Storm Might Hit By Year End. The video below discribes pretty well our vision (as well as the vision of Peter Schiff). Watch it and keep the information for further reference.  Especially the SCENARIO is important. This is WHY you need to prepare yourself NOW and cannot wait until it's too late. As professionals we experience DAILY that doors , backdoors, hatches are being closed each day....and those who don't act NOW will regret it for ever.  This is no longer a matter of making (fiat) money but one of surviving financially!...more in the subscriber's section

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Thursday July 5, 2018 - The Real Estate Bubble is deflating - for the 1st time in certain countries and for the 2nd time in other countries.


Updated Sections:

When Real Spendable Income falls, Real Estate prices have no way to go but DOWN! 

 Canada London & England  The U.S.A. 

 

Important Fundamentals:

  • BLINKING RED BUBBLE LIGHT: Stock Market Investor Margin Debt Reaches New High.
  • BLINKING RED BUBBLE LIGHT: Belgians buy 130 m² (1,300 sq.ft.) apartments in an immigrant infested country for $500,000 ( € 430,000)...and still are convinced Real Estate Price will save their savings...and even that prices will double again.
  • BLINKING RED BUBBLE LIGHT: Media advise investors to buy US-Treasuries & German Bonds at all time record prices while Interest rates start to rise again (and we have a reversed yield curve).
  • Today's weakness in the dollar has created a surge in the gold and silver markets in early trading, and may possibly mark a July bottom for the gold market. 

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Time to renew your subscription?...A New subscriber?...take advantage of our 4th of July special...click here.

Happy 4th of july


Tuesday July 3, 2018 - When the Mainstream Media tell you to sell Gold, know it's high time "TO BUY"


Updated Sections: ¥-Gold & ¥/$/€, £-Gold & £/$/€, Rand-Gold & Rand/$/€, Yuan-Gold & Yuan/$/€, Rupee-Gold & Rupee/$/€, 

lexpress

 

Click here or on the picture to read the story on Goldonomic.be and/or Goldonomic.nl

It is a well known fact that the Mainstream Media always signal the END of a correction and the END of a BUY CLIMAX...

 ...more in the subscriber's section

 

 

Important Fundamentals:

  • Expect it to be a dull week as most people celebrate this year's 4th of July.
  • If Gold is such a bad investment, WHY do Russians and Chinese keep buying this barbaric nothing!? Why does Germany repatriate it's Gold reserves?...are all these Central Bankers idiots?.....more in the subscriber's section

russian central bank gold reserves july 2018

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Monday July 2, 2018 - Banks are run by petty Government bureaucrats, by tax men...


Updated Sections: Short Candles and HARD stops in Stock Market Indexes, Short candle Majors, Short Candle Juniors, $-Gold, Silver, US-Dollar, €-Gold & €/$,

bureaucratsBanks are no longer run by bankers. They’re run by oblivious bureaucrats who scrutinize every transaction looking for any excuse to say NO, forcing legitimate businesses to walk around on egg shells just to conduct simple transactions. Yet over the past decade, banks have really started to abuse their status as critical financial intermediaries.

A big part of this is because banks are under intense pressure from the federal government to stamp out money laundering, terrorist financing, tax evasion, and any criminal activity they can find. It’s one thing to be vigilant against terrorism. It’s entirely another to constantly work against your own customers without exercising any common sense or basic professionalism.

It didn’t used to be this way. There once was a time when bankers were sophisticated business people and shrewd investors who understood the needs of commerce…and the customer.

And ultimately, when they screw it all up, they get to whine about how they’re too important to fail and demand a taxpayer-funded bailout. With all of these guaranteed profits and safety nets, banks don’t actually have much incentive to do any real banking business anymore....


Gold Seasonal 30 Years or a picture is worth one thousand words.....more in the subscriber's section

 

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