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    Social Justice, Prosperity, And Precious Metals

    A question may go through the minds of some readers as they read many of the articles written by this “precious metals commentator.” That question is one of relevance. Why should readers or investors who are interested in precious metals want to read about “politics,” geopolitical events, or even social justice issues? We need to know about politics in order to be aware of the rapid and alarming deterioration of our personal and property security. As individuals, our “rights” have been gutted by new fascist laws. These laws attempt to supersede our constitutions and are thus null and void. The problem is that we are governed by co...
    On February 11, 2016 / By
  • Finance 0

    We’re In Uncharted Waters

    Last year I expressed the concern that the global economy of the future might be excessively influenced by a black box economy – China. But as 2016 has picked up the turmoil that 2015 started, it’s become clear that this is not the global economy of the future.  It is the global economy we are dealing with now. And the fears over China have created a market environment of uncertainty – the market’s worst enemy. A lot of people keep asking me what’s going on at the macro level. Unfortunately, I don’t have a very good answer because I don’t think anyone really knows how bad the situation in China is. We just don’t have relia...
    On February 11, 2016 / By
  • Finance 0

    SP500 Gann Angle Update

    Gann Angles and Cycles guide the market like road signs! Read the Mark Twain quote in the image, are you one of the fooled and still holding your FANG (Facebook (FB),Apple (AAPL), NetFlix (NFLX) and Google (GOOGL) portfolio!  Here is the latest view.  Gann Angles Hurst and Fixed (Kitchin Cycles) NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net  Investing Quote…   ..”[Point and] figure charts are more valuable than vertical [bar] charts”.. Richard D Wyckoff ..”The key to making money in stocks is not to get scar...
    On February 11, 2016 / By
  • Finance 0

    The Crash In U.S. Bank Stocks Is Only Halfway Through

    It appears by the total lack of coverage that the utter collapse of Europe’s banking system is entirely irrelevant to the “fortress-like” balance sheets of U.S. banks… but it is not. Once again today, US financials saw bonds dumped across the senior and subordinated segments… …and while U.S. financial stocks have fallen hard year-to-date, if credit is right – and it usually is on a cyclical basis – US bank stocks have a long way to go (as believe in book values is battered). Of course, the CEOs will all tell investors there is nothing to worry about – just as David Stockman warnedR...
    On February 11, 2016 / By
  • Finance 0

    HH Picking The Bottom: Are We There Yet?

    The question that seems to be on every investor’s mind is “When will the stock market stop falling?” I can’t tell you how many times over the past few weeks I’ve heard market strategists share their views on when the stock market will bottom out. I am always amazed that people think you can predict when the stock market will stop falling. I often wonder if the interviewer really believes that the market strategist really knows. Wall Street is littered with predictions that have never come to pass. Why should we believe the soothsayers now, after they failed to predict the extent of the housing bubble and subsequent credit crisis? If...
    On February 11, 2016 / By
  • Finance 0

    Has Groupon Hit Rock Bottom? Here’s What To Expect From Its Q4 Earnings

    Photo Credit: Wangdangle Groupon, Inc. (GRPN) Consumer Discretionary – Internet & Catalog Retail | Reports February 11, After Market Closes Groupon is scheduled to report fourth quarter earnings February 11, after the bell. Despite beating on the bottom line in the past 3 quarters, Groupon has been unable to establish market share in its core business. The company recently appointed a new CEO who outlined three focus areas for leading the company to growth: marketing, international expansion and shopping. While Groupon is primed to benefit from these trends in the long run, it will have no bearing on how the company reports tonigh...
    On February 11, 2016 / By
  • Finance 0

    Miners Seem Overbought

    I shorted GDXJ and GDX into the huge strength today....
    On February 11, 2016 / By
  • Finance 0

    Upstream M&A In Canada Falls Away At Beginning Of 2016

    Analysis in CanOils’ newest report “Upstream M&A in Canada Falls Away at Beginning of 2016” shows that the Canadian oil and gas upstream sector only saw Cdn$1.7 billion worth of M&A transactions in December 2015 and January 2016 combined. While this value is low, the two months did see their fair share of intriguing and significant deals, all of which are covered in detail in the report. Upstream M&A in Canada Falls Away at Beginning of 2016. The biggest story of December and January was undoubtedly Suncor and Canadian Oil Sands finally reaching a merger agreement that everybody was happy with. The largest single new deal a...
    On February 11, 2016 / By
  • Finance 0

    Ecuador’s Oil Industry Catastrophe… To Spread Around The World

    There’s an ongoing catastrophe taking place in Ecuador. Not only has a significant part of the Amazon been polluted by toxic waste oil left behind from the wonderful folks at Texaco when the company started drilling for oil in Ecuador back in the 1970’s, but the low oil price has totally gutted the oil industry. This is a big problem for Ecuador because 50% of its exports and 30% of its government revenues come from oil (source). According to the article, Ecuador Reveals Pain Inside OPEC: It’s Pumping Oil At A Loss: President Rafael Correa said on Tuesday that the South American nation is receiving as little as $30 a barrel for its cru...
    On February 11, 2016 / By
  • Finance 0

    E The Battery In Your Future

    Yesterday, I provided to you the evidence that oil may never again reach a triple digit price. Today I am going to tell you what will replace it. Sony Corp. (SNE) invented the lithium ion battery in 1991 to power its high end consumer electronics products. It is now looking like that was a discovery on par with Bell Labs’ invention of the transistor in 1947 and Intel’s creation of the microprocessor in 1971, although no one knew it at the time. Until then, battery technology was essentially unchanged since the first one was invented by Alessandro Volta in 1800 and Gaston Plante upgraded it to the lead acid version in 1859. That is the sam...
    On February 11, 2016 / By