Monthly Archives: February 2016

OIL BOTTOMING?

Yesterday I saw quite a few analysts viewing the reversal in oil as bearish. As usual these guys always miss these major intermediate bottoms. You need different tools to spot these major turning points. On the contrary I viewed the reversal in oil as a market that was waffling as it tried to make up its mind whether a bottom had formed.

Hedges could now be placed

I’ll go over this in depth in the weekend report, but for those of you who have ridden this move up in gold now might be an opportune time to place some hedges as gold will be due for a drop down into a daily cycle low soon, maybe starting next week. 

For those of you asking about the Quest, send me an email and I’ll give you the details. 

[email protected]

QUEST UPDATE

The Quest portolio is now up a little over 1100%.

We’ve taken an original $1000 investment and turned it into $11,500 so far. 

The goal is to reach $100,000. If successful we would have risked a very small amount of money but gathered a very big reward. If you want to play with leverage this is how you do it. You never, never, never trade your retirement funds with leverage. 

HUMBLE PIE SERVED COLD

A couple of months ago I did a video on the gold manipulation explaining how and why it was done. I said at the time that when the market finally broke the manipulation that gold would surge violently higher, not like a normal bear market would end with many months of sideways trading and complete apathy.

I also said that the perma bear analysts (you know who they are) who have for years now heaped one derogatory comment after another at the bulls trying to expose the manipulation would ultimately be exposed as the frauds they were. Folks no one can see the future, not man nor computer. These people are nothing more than trend followers and just like I predicted they would miss the turn when it came because they had bought into the nonsense that gold was trading naturally.

Well with gold surging thorugh $1200 and now trading at $1240 I think it’s time for these frauds to eat some cold humble pie and crawl back under their rock. The market is doing exactly what I said it would do for exactly the reason I said it would do it.