Wrapping up the markets – The fear trade is making a comeback
US markets are pulling back today while gold, the USD, and Yen are moving higher. This is a classic fear trade that could be picking up steam.
Chris Temple joins me to outline why he thinks the fear trade will continue for a number of reasons. We also discuss the recent divergence between gold stock and US markets.
Click here to visit Chris’s site. I highly recommend signing up for his newsletter.
Upcoming Webinar – May 8th @ 12pm PDT (3pm EDT) – TriStar Gold. The Company owns 100% of the Castelo de Sonhos gold project, located in Pará state, Brazil. The Company has recently completed a US $8 million finance with Royal Gold Inc. with proceeds used to advance the project to completion of a feasibility study in 2020. Click here to sign up for free and have first access to the live recording.
The Irish have always been fighters. More so after drinking too much on a Saturday night.
Bonzo I’m with you on Lion One Metals and believe we will be rewarded handsomely as their 3 drill rigs start turning this season. I just added to my position earlier this week.
Happy, rule of law day!!
My president just took a cabal celebration day (May Day) and turned it into a celebration of the ‘republic’.
https://www.whitehouse.gov/presidential-actions/proclamation-law-day-u-s-2020/
Thanks for posting……
” to observe this day by reflecting upon the importance of the rule of law in our Nation and displaying the flag of the United States in support of this national observance:
Looking up and down my street, there was not a star or a stripe to be seen.
There is hardly a Regulator to be seen at the Federal level either. Law not effective unless regulated. Deregulation is not working.
It is a MAD HOUSE……..out there…..congress is full of crooks and most of the FBI should be in jail……along with most of congress, and the past administration.
Deregulation has been working just great for the most part. The rich get richer. The powerful, more so.
No worries about the corrupt, OOTB.
The hammer is about to ,, drop!
I am waiting…….. 🙂
…and waiting…and waiting…
Yeah, I thought they were going to do mass arrests on the sealed indictments last month and there was going to be 3 days of internet/phone darkness. What are the white hats waiting for. Originally they stated that with everyone locked down they’d make their move, but now people are coming out of lockdown and they’ve missed the window…. unless they never really were going to do to the mass arrests in the first place. Still waiting for justice and the corrupt to be rounded up, but not holding my breath about it happening any time soon.
Justice Is Not microwave popcorn.
The deep state took control from 1860 to 1871. And to unwind the corporation (and the players) takes time.
In summary: (as a hunter) Let “it” come ‘close’ for the “kill”.
Seems like the rich should have reached a satisfaction level by now. Where do they keep it all…JP Morgan vault or a Swiss Mountain? Why don’t they just retire to the Cayman Islands and let some kind of normalcy return to markets. Serfdom is fine for a few but it really doesn’t seem necessary.
The rich will never reach satisfaction……all is vanity……
I yielded to temptation for the 3rd time this week and bought more LOMLF today@.86
and yet I feel I want more. I wonder if Frieda, Doc, Chris,and Matthew own any Lion One?
Happy May Day! This is also Wellington’s birthday. I am glad he beat Napoleon.