trump

I love days like today when both gold and the dollar are green. Historically, some of the best moves in gold occur as gold and the dollar move up together for short period of time. Today, of course, is just one day. And there’s no question that the Trump Government will need a significantly lower dollar in order to stimulate U.S. industry, assuming the latter is at all possible anymore.

turd

We at the Shadow of Truth are forecasting a better year for the metals in 2017 than in 2016. We invited Turd Ferguson on the show for lively two-part discussion of the factors that will drive the metals higher.  Craig Hemke of TFMetalsReport.com joins Rory Hall and Dave Kranzler to assess the recent take-down and what is in store for the balance of 2017.

SD Weekly Metals and Markets

With Silver Surging Off 50 Its DMA Friday, Fund Manager Dave Kranzler Joined the Show to Break Down the Action, Discussing:

  • Short Capitulation?  You Can Smell That Gold Wants to Go Higher
  • Why the Fund Manager Believes 2017 Will Be Better for Gold & Silver Than 2016
  • THIS Is When the Fireworks Are Really Going to Start in Gold and Silver…
  • Something Just Changed: “This Is the Most Gold I’ve EVER SEEN Move Into China…”

A Must Listen Metals & Markets Begins Now:

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Stewart Dougherty is back with another guest post for Investment Research Dynamics.   Dave Kranzler views his latest contribution as his best work to date.  The following is Mr. Kranzler’s private email exchange and Mr. Dougherty’s latest analysis.  Reflecting on “democide” and Dr. Rudolph Rummel’s research (link), Mr. Dougherty has coined a new and appropriate term:  “Currecide.”  — Eric Dubin, Managing Editor, The News Doctors

bursting bubble

The post-election run-up in stocks was fueled purely by “hope and change” energy.  Now that Trump has assumed the mantle, reality will hit like an icy shower.  The non-“alternative facts” about the economy continue to show contraction in real economic activity.   The retail sales report for December was an utter disaster, especially if you strip out gasoline and autos.

japan-gold

50% of gold’s move occurred on Monday, while the U.S. was closed in observance of MLK’s birthday and well before the Trump tweet.  Mining stocks in Canada moved up sharply yesterday.   This tells us that there are other factors behind the move in gold besides the expectation that the dollar is going to sell-off.

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We have the ingredients for major market turmoil in 2017.

1-stock-market-rebound

ETF inflows into the US stock market are downright explosive.  TrimTabs published a recent alert discussing the massive inflow of capital.  We are seeing money flows dancing to differences in monetary policy and currency zones.  Click here for examples playing out this morning. TND colleauge Dave Kranzler has more:

nonsequiter

The Census Bureau reported that its advance estimates of retail sales for November show a .1% gain from October and a 3.8% gain over November 2015. Wall St. was forecasting a .4% gain. Oops. But there’s a bigger problem…

TND Guest Contributor:  Dave Kranzler