People don't
trust fiat currencies they don't trust a
dollar euro yen they're looking for an
alternative and believe me the real
alternative is gold and more and more
people are going to embrace it. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ))
Dec 5, 2017
Nov 29, 2017
Real Estate: Prices Will Have To Go Down
Housing unit prices are gonna have to
implode, prices are so high people can't
afford them even with these ridiculously
low interest rates. But in a higher
interest rate environment where you know
mortgage money is 8 to 10 percent, which was
the average for many, many decades and
you know that people had to put down
payments, to I mean if we go back to the
days where you need a 20 percent down payment, I mean imagine how low prices would have
to fall for the average American to be
able to come up with 20% down payments. (SPDR S&P Homebuilders (ETF) (XHB), KB Home (NYSE:KBH), Lennar Corporation (LEN), D.R. Horton (DHI))
Nov 28, 2017
Markets: Federal Reserve, Crude Oil
You
look at the Fed minutes and it
doesn't sound like a Fed that is getting
ready to raise rates even though they're
gonna do it. I mean they're talking about
how much they're concerned and worried
about the fact that inflation isn't high
enough even though oil prices on Friday
went above fifty nine dollars a barrel
again, trading at almost a two-and-a-half year high.
Nov 27, 2017
Stock Market: The Trump Rally
Where Trump is is getting into
trouble is by claiming that the stock
market going up is no longer a bubble
that now this is just a real bull market
that reflects the improvement of the
fundamentals since he's been elected.
That's not the case. This is simply more air into the same bubble and this bubble is going to burst and I think unfortunately now that Trump has branded it you know just like it was one of his buildings he's put the big Trump marker on it, when this thing pops it's he's gonna have to take the blame. (SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), SPDR Dow Jones Industrial Average ETF (DIA), iShares Russell 2000 Index ETF (IWM))
That's not the case. This is simply more air into the same bubble and this bubble is going to burst and I think unfortunately now that Trump has branded it you know just like it was one of his buildings he's put the big Trump marker on it, when this thing pops it's he's gonna have to take the blame. (SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), SPDR Dow Jones Industrial Average ETF (DIA), iShares Russell 2000 Index ETF (IWM))
Nov 24, 2017
Oil Prices Are Moving Higher
Oil prices got above $58 a barrel for the
first time in over two years, a very strong
oil market and if you look at the chart
if we get above 60 dollars, I mean that's kind
of a long -term moving average on a
monthly chart, 60 to 75 was a key high
from about two and a half years ago, if we
take that out we can have a quick move
up .
Remember the move down, oil fell from a hundred
down to under 30 in about six months and then it's been recovering
slowly ever since but if we can break
through decisively that sixty to
seventy-five we're gonna move up.
Gold Is Trying To Breakout
Gold (SPDR Gold Trust ETF (GLD)) still looks like it wants to break out
somebody is obviously trying to stop
that from happening
or somebody's don't really know who
these sellers are but I do think
eventually whatever their agenda is the
markets are going to overwhelm it.
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