INFLATION IS COMING
All asset classes – stocks, energy and precious metals – completed multi-year cycles lows earlier this year and are going to resume heading higher.
Like our new Facebook page to stay current on all things Smart Money Tracker
Smart Money Tracker
Good encouragement, Gary. Particularly important at this time to highlight what you said about Brexit.
Vote will be just a POLITICAL event NOT a FINANCIAL event!
But hey financial media has to sell the “caos” in order to get things cheap as allways!
So let regulars traders sell…in the end we buy.
I have to thank you, because in many years of trading I am finaly in the SMART side of this “Game”.
I think you are going to be very very wrong Gary ! Agreed the Brexit is just a rigged game, remember last year Grexit game. The Brexit is longer term irrelevant imo.
The breakdown in stox is not, look at the bonds and Japan what is going on there ?
I’ve stated many times here that there is superstrong resistance at 2140ish, however it’s possible that they are going to break it for a short while, but after the break to the upside it will most certainly crash back down.
You are 4 years early Gary calling for inflation , never heard of the esoteric cycle, that Warren Buffet and George Soros knows about ?
8-year precidential crash cycle going to repeat this fall ? Remember Bush year 200 IT-bust, 2008 Obama Subrpime surprise ? 8 years later 2016 the Donald Clinton / Hillary Trump crash ?
https://www.facebook.com/numbersusa/videos/vb.129255907131113/1135342756522418/?type=2&theater
Not a chance. The 7 year cycle has bottomed. A new 7 year cycle will never top in only a couple of months.
Again wake up and look at the advance decline line. It’s screaming to you what is coming.
You’re going to miss another great buying opportunity just like so many have missed almost every one of these. The only one catching these are SMT followers who don’t trade off of charts or perma bear bias.
Inflation is good for commodities asset class.. watch CRB index
Thank you, GARY.
My guess will be after Brexit we will rally UNTIL the elections debates. When the debates begin, the electorate will swing in favor of Trump (who is behind Clinton), and then the market will get nervous about that again. But that will be months away, so after Brexit we will rally for at least a few months, probably September. Debates are from end of September to end of October.
To welcome president Trump in november ?
It’s been refunded.
It’s been refunded.
The metals portfolio has been going crazy the last 3 weeks.
I’m not expecting an intermediate top for at least 12-15 more weeks. Although we are likely to get a short term top on the Brexit.
Gold may be ready to pullback from the 200 week moving average. If it does don’t freak out. It’s not the end of the rally, it will just be a much needed breather to setup for a sustained breakout above the 200.
Just as I suspected. Will look for more retracement to buy miners. I went long oil today. Gary, oil could bottom soon
Soon, but I wouldn’t try to call a bottom until after a swing low forms.
Yeah. Pullback inn gold and miners? A buying opp! Ditto, energy complex. My only concern is the current high level of BPENER. Your thoughts on this? TIA.
Gary, what may be the next good entry point for gold please, thanks.
That’s something I just have to determine in real time. I can’t tell that right now.
Nice video Gary, and the sound quality and volume was great too. We need clear headed and solid, unambiguous analysis like this.
One question, why are the 10-year yields plummeting in the last 2-3 weeks as if deflation was still here?
As you know, there are still some analysts, Mike Maloney included, who are still waiting for deflation before anything else can happen afterwards.
DJIA goes into positive territory just now, quite a reversal.
Gold too reversing and coming off its day highs.
Gold breakout failure possible. 🙁
Pulling back from that 200 WMA that I noted in the video. It was probably going to happen even without the intervention in the stock market today.
And you have mentioned buying breakouts is not going to be easy this next leg up…..
It’s pretty simple. We go down. We go up. We go up some more. We go up a lot. We go down quite a bit. Trade accordingly.
Back in 1999, everyone was buying stocks. Now, I don’t hear anybody talking about stocks. What that tells me is we are going UP a lot until we convince everyone to party like it’s 1999.
PPT won the day in stocks.
silver outside down!
Gary– I think you need to rethink your analysis in regards to Brexit.
Maybe everything goes down together….
Thx
I’ll have to see how we open in the morning but it looks like the intervention today may have completed the half cycle low. If so then stocks will be on their way back up to take another shot at breaking the all-time highs.
Stocks and Brexit: I think the classic case of Sell The News was prematurely aboretd by the PPT today. It may be that–as was the case in previous interventions– we may have seen the worst in stocks decline now.
Thanks Gary for the insight