Dana Lyons – The Sectors With The Best Uptrends
Dana Lyons, Fund Manager and Editor of The Lyons Share Pro joins us to share his thoughts on the overall health of the markets and the sectors he is currently invested in. We touch on gold, silver, copper and the underlying equity ETFs. He also points to tech, small cap, equal weight S&P, healthcare and some of the equities with these areas.Â
Click here to visit The Lyons Share Pro website to follow along with what Dana is investing in.
+2400
+29
+80
Gold above $2420 and now Silver is at $29.56.
What a way to wrap up the week in the Precious Metals!
🙂 JtheLong… lol….
Well, things have reversed down hard today!
Gold got up to $2448.75 and then reversed down below $2400 (at $2384 currently)
Silver got up to $29.90 and now is all the way back down below $29 (at $28.37 currently)
What a reversal of fortunes here on a Freaky Friday…
Schwab still green but IBKR gone red. I had more hopes when Gold +$70. Both appeared capped on the green side earlier at about 1.5%.
Was it Isaac Newton who said ,”To every action there is always opposed an equal reaction”. He was referring to the third law of motion. Lets pretend he was referring to the price of gold/silver. What kind of world will it be with a $5000 price of gold? Just curious!? Peace my friends.
Interesting thought Clutchdog but remember that Bitcoin and the conventional markets are in nosebleed territory and gold just started to move higher, and if you look around at life in The Western World it is in deep decline. Gold needs to move higher so that the public realizes how bad things are because the other two highflyers don’t relate to the value of the dollar. Without honest money you have a false economy. DT
We are already in that WORLD..CDog….when a FORD truck is $100,000…..
FREAKY FRIDAY AGAIN……………………. GOLD $2400…..
Hey Glen……… looking good……. 🙂
WOW…….. $2414……… hello… 🙂
Andy Schectman talks about how The Chinese bought The London Metal Exchange four years ago and how they are taking over the pricing of base metals as well as precious metals and soft commodities, through The Shanghai Gold Exchange. It is impossible to make any economic planning if you don’t control prices of basic commodities. The Chinese are slowly bypassing the US futures market which manipulates all commodities. If you don’t have a system that is standardized, you don’t have stability. Thirty-five more countries have formerly applied to the BRICS and another twenty plus of them formally applied. DT
The BRICS Just Secretly Acquired These 3 Assets to Crash the US Economy.
Interesting, but what sources does he have to back that claim?
He sure could be right, you recall that time when the nickel price skyrocketed but (((they))) closed the market and killed the squeeze and even reversed it?
It was revealed later that they protected a Chinese hedge fund, investor from going bust.
Hi Tomas, Schectman points out how The US futures market manipulated the price of oil to -$40 a barrel during covid. The Chinese are slowly bypassing The Comex and The Chicago Mercantile Exchange. Some of The BRICS are already trading amongst themselves with their own digital currency. Meanwhile Janet Yellen shows up in Brazil and wants to grab Russia’s $348 billion confiscated by the swift system to rebuild Ukraine. Looney Tunes! LOL! DT😉
Spot On DT…………… Bonds are a wreck…
I forgot to mention that The BRICS digital currency is backed by Gold from The Shanghai Gold Exchange. OH, OH! DT
The curtain has been pulled back finally, for all to see…….. only been talking about for 20 yrs…. 🙂
Thomas D
Just guessing but Andy Maguire from London may be able to shed some light on the Chinese ownership and involvement in commodity pricing. I think the site he broadcast through is “Live From The Vault”.
Thanks, I’ll check it out.
Btw, Rashid-jev-something on Twitter called this decline nicely.
I sold some positions I bought yesterday for a quick buck, AAG and some HL
The Sheeple are going to figure out……….. gold is going a heck of a LOT HIGHER…….
$5000… is not out of the question any more…… JMO….. JtheLong… 🙂
Have a great weekend…..
From CNBS this morning: Larry Fink of Blackrock said Insurance Companies are having difficulty with earnings because a lot of pipes broke during the Winter. Really. I would have thought inflation and decline in value of the dollar has placed Insurance Companies in a real trick fixing anything without increasing policy costs to the cancellation level.
BOOOOOOOOOOOM! Gold is touching $2400, and Silver is over $29! At a gold to silver ratio of 30 to 1 Silver should be at $80! DT