Kerry Lutz's--Financial Survival Network

Donald Trump has overwhelmed the establish GOP (GOPe) and left them groping in the dark. His last 7 victories were so overwhelming that the GOPe should have gotten the message already. And yet they haven't. Trump has received more primary votes than any other Republican candidate in history. Paul Ryan is out there making a fool of himself. Will he and the others see the light? Trump is going to pick up many Sanders supporters and others who've never pulled the lever for a GOP candidate before. Time to get on the Trump Train!

The world's central banks are on a mission to drive the US Dollar down lower. The world's economy is in precarious condition and it cannot afford an escalating dollar. They've been brow beating the dollar to keep it down and are hoping that it will stay there. Yellen is trapped and there's nary a rate increase on the horizon. It's a global problem, global trade is in collapse. What's a poor central banker to do? 

David Gurwitz returns for our new weekly show. Dr. Charles Nenner is calling for crude to move to around $56. To quote their latest missive, "We often wonder how the big guys at Goldman get away with predicting that Crude was going to go below 20 this year, together with so many other prominent market forecasters... Oil could drop below $20 US a barrel as the search for a level that brings supply and demand back into balance makes prices even more volatile"

"We called the high at 97 and then the low - first at 30 and then later adjusted to 26."

A close below 42.90 will give a short term sell signal from longs 

So let's follow this call and see where it winds up.  

A Chinese news outlet states that it China can’t keep pursuing it's current economic agenda because it's not working. Money creation and borrowing isn't helping the economy grow and is having the opposite.  It’s going to be an “L” shaped recovery. They also need to deal with their bad loans. Commodities back down, stocks also. Gold silver are down major.