Lorimer Wilson is the editor of www.munKNEE.com (Your Key to Making Money!) which provides edited excerpts of the internets most informative articles for the sake of brevity and clarity to ensure a fast and easy read.
He is a frequent contributor to TalkMarkets.com and a large number of other ...
moreLorimer Wilson is the editor of www.munKNEE.com (Your Key to Making Money!) which provides edited excerpts of the internets most informative articles for the sake of brevity and clarity to ensure a fast and easy read.
He is a frequent contributor to TalkMarkets.com and a large number of other financial sites around the world.
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Latest Comments
Gold Docks In Its Box
Mark comments that"
>"Week-after week, we've gone on ad nausea about Gold's "1240-1280 resistance zone...
>'Course, the prior week, Gold only barely breached the upside 1280 boundary before again falling back.
"Perhaps we ought forget "support" and "resistance" and simply go with the "1240-1280 box" and leaves it at that.
For more indepth analyses of the current situation for gold check out the following 3 articles:
1. Jordan Roy-Byrne in a TalkMarkets article (www.talkmarkets.com/.../gold--gold-stocks-nearing-a-big-move) says:
>"Gold needs to break $1300 and GDX needs to retest $25 again...
>Until the Gold sector can attain those marks then the bias for the next big move...should remain to the downside. That is why we remain cautious."
2. Hubert Moolman agrees illustrating that fact in a graph in an article (www.munknee.com/gold-chart-says-a-massive-move-up-or-down-is-imminent/) that shows that:
">Gold is currently trading near a critical 6-year resistance line that the gold price has to overcome, for the continuation of the gold bull market.
>Since price has now failed more than four times at the line, there is a great chance that we could see a big drop.
>If the price is to turn around and break through the resistance line, then a great amount of energy is required to fuel such a move – and that can only come from a collapse of a big market like the general stock market, or the bond market.
>When gold breaks through the resistance line, however, we will see a gold rally like that of 1979/1980."
Moolman also maintains in the same article that "there is a peculiar fractal that suggests the current situation for gold is very similar to that of May 1979, just before the massive rise in gold" illustrating that possibility/likelihood in a long-term gold chart which is self-explanatory.
3. Sean Brodrick looks at it slightly differently but comes to the same conclusion, more or less, saying in www.munknee.com/this-could-be-the-most-important-gold-pullback-ever-to-consider-buying-into-heres-why/ that
>"if gold breaks its 200 day support (at $1,241)…THAT would be a heck of a buying opportunity.
>IF we break support...then you should buy gold and miners with both hands because that will likely mark the beginning of the next Mega Bull trend.
> The market won’t really turn bullish on gold again, however, until it pushes up through $1300."
Anyone taking issue with what Mark, Jordan, Hubert or Sean have had to say? If so, I'd like to hear from you.
Gold & Gold Stocks Nearing A Big Move
Jordan says "Gold needs to break $1300 and GDX needs to retest $25 again...Until the Gold sector can attain those marks then the bias for the next big move...should remain to the downside. That is why we remain cautious."
Hubert Moolman agrees illustrating that fact in a graph in an article (www.munknee.com/gold-chart-says-a-massive-move-up-or-down-is-imminent/) that shows that:
">Gold is currently trading near a critical 6-year resistance line that the gold price has to overcome, for the continuation of the gold bull market.
>Since price has now failed more than four times at the line, there is a great chance that we could see a big drop.
>If the price is to turn around and break through the resistance line, then a great amount of energy is required to fuel such a move – and that can only come from a collapse of a big market like the general stock market, or the bond market.
>•When gold breaks through the resistance line, however, we will see a gold rally like that of 1979/1980."
Moolman also maintains in the same article that "there is a peculiar fractal that suggests the current situation for gold is very similar to that of May 1979, just before the massive rise in gold" illustrating that possibility/likelihood in a long-term gold chart which is self-explanatory.
Sean Brodrick looks at it slightly differently but comes to the same conclusion, more or less, saying in www.munknee.com/this-could-be-the-most-important-gold-pullback-ever-to-consider-buying-into-heres-why/ that
>"if gold breaks its 200 day support (at $1,241)…THAT would be a heck of a buying opportunity.
>IF we break support...then you should buy gold and miners with both hands because that will likely mark the beginning of the next Mega Bull trend.
> The market won’t really turn bullish on gold again, however, until it pushes up through $1300."
Anyone taking issue with what Jordan, Hubert or Sean have had to say? If so, I'd like to hear from you.
Flattening Yield Problem & Death By Low Volatility
Adem makes reference to Hyman Minsky who "taught that years of prosperity and extended periods of low volatility are what breed excessive risk-taking and speculation. Thus prolonged low volatility today sets the foundation for extreme volatility in the future. Or, otherwise said, when you feel safest and most confident things won't change, you undertake more risk because you feel secure."
You might be very interested in Minsky's 5 Stages of a Bubble - Where Are We Now? (www.munknee.com/minskys-5-stages-of-a-bubble-where-are-we-now/) which identifies the 5 stages and concludes that "How much longer and higher stocks and bonds may run in the Everything Bubble, no one can predict, but for those who stay invested in inflated assets, be aware that you are implicitly increasing your risk tolerance well beyond levels which typical risk-averse investors would be comfortable with."
What stage do you think we are in - Boom, Euphoria or Profit-Taking and why?
Ecoark Remains Focused On Delivering Long-Term Shareholder Value
Bill, "freshness management" is the monitoring of produce at the pallet level to provide real-time feedback as to its condition. Read more in the article. It is quite innovative. A great way to monitor the handling/transportation/warehousing of produce from the field to the grocery shelf. Should cut down on spoilage along the way and ensure freshness at the end point.
Ecoark Remains Focused On Delivering Long-Term Shareholder Value
And don't forget that it will be listed on Nasdaq soon which will give it more acceptance and exposure.
Be Careful Not To Replicate These Expensive Mistakes Of The Newly Retired
But then again, if you are Canadian, British, French, German, Scandinavian, and I could go on and on, you would have no health care payments to consider thanks to the country's universal health care (or as some call it, socialized medicine). I am one of those recipients and the major operations, hospital stays, chemo, lab work, physiotherapy, etc. have cost me absolutely nothing. Nothing, not even a dollar. And, oh yes, my medication is free too! The quality of care has been truly first class along the way and the wait time for my operations were within 3 months of my medical assessments. The above, mind you, all comes at a cost, but those who have universal health care (i.e. no citizen is excluded) would have it no other way. Yes, our income taxes are higher (although currently I pay less than 20%) but it is well worth it. And universal health care is such a morally uplifting approach because no one - absolutely no one is left uncovered. Imagine being an American and knowing that many of those around you will suffer (perhaps throughout their lives) and maybe even die because of their financial situation which often is through no fault of their own. I could not live with my self if that were the situation here.
Gold On The Verge Of Inverse Head-And-Shoulders Breakout
I used to read your articles every week back when your site was not a subscription service. I am delighted you are now contributing some aspects of your analyses to TM and can hardly wait for your next unique and insightful analysis of gold and hopefully, also silver, the USD, crude oil, the S&P 500 and the Wiltshire 5000.
Halliburton Company Warning: Q1 EPS Will Miss Consensus View By Wide Margin
I'm glad you can have a sense of humour about it.
Gold Is Fast Approaching A “Break-Out Or Fake-Out” Moment
Thanks Alexander. Very enlightening.
Restaurant Brands International Inc. Reported To Be Acquiring Popeyes Louisiana Kitchen Inc
I would say things look promising for #Popeye because $QSR can use its international reach to introduce Popeyes' Louisiana-style fried chicken and buttermilk biscuits to more diners globally as 1,600 of its 2,000 restaurants are currently in the United States. $PLKI