On the heels of the Dow surging along with crude oil and the mining stocks continuing to struggle, it appears this time is different, plus a look at the bond bull and the gold sector.
November 10 (King World News) – Albert Edwards, Former Global Strategist at Société Générale: Is the bull market in bonds over? I’ve heard that many times before, especially in Japan with the widow-maker trade. I started work as an economist in 1982 right at the start of the bull market and my ‘official’ retirement age at 60 will be April next year. Maybe just a coincidence!
This Time Is Different
Jason Goepfert at SentimenTrader had this to say about yesterday’s massive gap up in the stock market: Since 1982, the largest positive opening gap the S&P 500 contract has enjoyed on a day it hit a 52-week high was 1.6%. So yeah, this time is different. By a factor of 3.
Don’t Be Concerned About Mining Stocks
Fred Hickey: With gold up nearly $20 today, one would expect miners to go up, instead of getting hammered. Never underestimate the stupidity of the dweebs programming the computer algorithms. If one knows how much money these miners made around $1900 last qtr., one knows not to be concerned.
Did You Miss Kirkland Lake Gold’s 50-Fold Share Price Increase?
Kirkland Lake Gold Skyrocketed From $1 To Over $50!
Two Billionaires Just Bought Huge Stakes In The Next Kirkland Lake Gold!
To find out which company two billionaires just bought huge stakes in what they believe will be the next Kirkland Lake Gold click here.
To listen to this is incredibly powerful audio interview where Jon Case issued a dire warning about the US and discusses the fragility of the global financial system as well as massive bull markets in gold and silver CLICK HERE OR ON THE IMAGE BELOW.
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