Aden Sisters have stepped back from gold stocks for now

finicky · Dec 27, 2016

Dec 16 - for those who take an interest in their views, they've advised their subscribers to reduce to 20% physical gold and silver in their total portfolio and sell their gold stocks positions. Ok for hard core LT bulls to hold their positions as there are hopeful signs that a bottom isnt far off. Possible Head and shoulders forming a right shoulder on HUI gold stocks index. They recommend 40% cash and are very bullish the general US stock market. They reckon oil has broken out and copper looks positive.

You can find the pdf link on this google page, the second item ..
https://www.google.com.au/search?q=..._a8pPRAhWCJ5QKHa_iAmEQpwUIEg&biw=1024&bih=768

JulieW · Dec 27, 2016

This interview with Jim Sinclair is still in the front of my mind when I see markets and commentaries. Easy times to end up flat broke I think.

Legendary gold and market expert Jim Sinclair says, "Markets do not exist anymore . . . and you can't time what does not exist." Sinclair contends a huge transition is underway, and the old system cannot be fixed. A new one is on the way, and the old one is going to end with a bang. Sinclair explains, "Right now, they're eating each other, and the eventuality is, getting back to the steam pot, there is going to be a day when there is only going to be one shark left, one very fat shark left, and what happens next? That shark starves to death because it ate all the food. So, the end of this is the explosion of that steam cooker which is called capitalism."

Sinclair goes on to point out, "The over-the-counter derivatives have grown massively beyond world money availability. This has no precedent. We have killed capitalism. Thanks to the high tech guys, they have shot the goose with the golden egg. In the markets, if you go in and look at the New York Stock Exchange when I was down there, you'd have thousands of people there. Now, you've got 35 maybe. The market is killed, and there is no market in anythingincluding gold or silver except as it's utilized to try to put some sense and rescue back into the whole system because there is no other alternative. This is what Trump has inherited. . . . If rates (on the 10-year Treasury bond) break 3%, it's going to turn the algorithms away from everything else and on to one thing, the largest market in the worldinterest rates. You are going to see the fastest moving interest rates just like when Trump was elected. That's what the interest rate market is going to look like. That's going to have an impact on every single derivative out there because every derivative out there has an interest rate criteria. So, you have a pressure cooker bomb cooking like the terrorists use. It's cooking, and it makes gold a storehouse of value and not a currency. It's just a storehouse of value. It turns it into a savings account. The only one that will work. The only one without a counter-party. The only one that doesn't need a market that can trade in physical (metal) and huge size physical. China and Russia are not buying gold as some sort of investment. They are buying it as a policy because they see clearly that is no tool left in anybody's toolbox to fix what the geeks have done. They have killed us, and they have killed themselves. There is one fat shark out there that is now about to experience starvation."

[youtube]http://www.youtube.com/watch?v=T7VD2z7jDNg[/youtube]
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Aden Sisters have stepped back from gold stocks for now

finicky Well-Known Member Silver Stacker

JulieW Well-Known Member Silver Stacker

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Aden Sisters have stepped back from gold stocks for now

finicky Well-Known Member Silver Stacker

JulieW Well-Known Member Silver Stacker

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