The money supply is expanding at a rapid rate. Commodity prices have blasted off with lumber, oil, copper and many other items going near parabolic. The list goes on and on. Patrick Yip says it’s inevitable that once monetary velocity increases, we’ll see inflation like we’ve never encountered before. The airline and cruise industries are rapidly picking up and groceries are taking off. Energy prices are increasing quickly as well. Historically people have always gone back to gold as an inflation hedge. Putting money into gold is part of a sound way of diversifying your portfolio. Gold has underperformed most other asset classes for the past decade. Will this decade be different? 

Direct download: Patrick_Yip_02.Jun.21.mp3
Category:general -- posted at: 8:01am EDT

Gold/Silver Eric’s last call was for a cycle high in late May and early June. There could be some additional upside the first 2 weeks of June. Primary price objective is 1920. It has traded in $80 ranges. 

Oil we’re coming into a cycle high in June. Look for a range of $56-$73. 

Interest Rates July 2020 was the peak for bonds and then sold off. Now Eric is looking for a lower peak in July 2021 and then rates will go higher for the next 12-18 months, perhaps on inflation fears. 

Dollar has been in a trading range for the past several years. It will bottom at around 88.50. Over the next several months. Same bottom as in 2/18. A flat correciton. 

Stock Market is peaking in June. Tech stocks have been leading the charge higher. Potentially multi-month or multi-quarter peak. They’ve been following a 16 month cycle. Then it’s down from there. 

Bitcoin Eric was calling for a $65k high and promptly retreated. It’s gone through 5 waves, textbook and could well retreat lower if it breaks $29k. Not a great deal of upside potential. $28 to $50k range. For the next 3-6 months for 6-12

Direct download: Eric_Hadik_02.Jun.21.mp3
Category:general -- posted at: 8:00am EDT

Bitcoin is getting close to bottoming

Bonds interest rates going down and prices are going to go up. 

Copper similar to lumber went straight up then the cycle topped. Copper cycle is close to topping. Will it hit $5? 

Stock market is making a longer time top. Fang and Nasdaq have made lower highers since March. 

Ag commodities are starting a new cycle this week. Corn went parabolic and then came down to earth and the up move should continue. 

 

Gold cycle top to gold coming next week. $2000 gold is coming. Some weakness followed by a new rise.

 

Silver looks a little better than gold, but has another week to go before cycle top. 

 

Oil is heading towards a top next week. 

 

Dollar bounce coming, at least a short term. 

Direct download: Charles_Nenner_01.Jun.21.mp3
Category:general -- posted at: 8:01am EDT

If there had been no cover-up of Robert Kennedy’s complicity in the murder of Marilyn Monroe in 1962 and he had been prosecuted based on compelling evidence at the time, the assassination of JFK by Bobby’s enemies would not have happened—changing the course of history and preventing the murder of media icon Dorothy Kilgallen.

In a breakthrough book that is sure to be relevant for years to come, bestselling author (The Reporter Who Knew Too Much) and distinguished historian Mark Shaw investigates the connection between the mysterious deaths of motion picture screen siren Marilyn Monroe, President John F. Kennedy, and What’s My Line? TV star and crack investigative reporter Dorothy Kilgallen. A former noted criminal defense attorney and network legal analyst, Shaw provides an illuminating perspective as to how Robert Kennedy’s abuse of power during the early 1960s resulted in the murders of Marilyn, JFK, and Dorothy.

Direct download: Mark_Shaw_01.Jun.21.mp3
Category:general -- posted at: 8:00am EDT

Stock markets mostly up again in May: Dow added 1.9% to 34529, S&P 500 up just .6%, Nasdaq was the outlier down 1.5%, Russell 2000 up a tiny .1%, TSX added 3.3% TSX.V up 1.5%. VIX down to 16.76. Dollar was down 1.6% to just under 89.84 and Euro up 1.9%. 10 Year yield headed down by another 3.7%. Bitcoin crashed 35.5%. Gold up another 7.9% to 1907. Silver up 8.7% to 28.05. Pt down .9%. Pd was off 4.1% for the month to 2727. Copper shot up another 3.0% to $4.61, hitting another 10 year high. WTI up 4.3% to 66.32. Brent up 5.8% to 69.63. Natgas shot up 2% to 2.99. Uranium rose 7.7% to $31.30. 
 
Direct download: Mickey_Fulp_01.Jun.21.mp3
Category:general -- posted at: 12:15pm EDT



-->

Syndication

Categories

Archives

June 2021
S M T W T F S
     
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30