February 10, 2019
Gold & Silver, the Dow, S&P 500 & Nasdaq
Several Readers asked me why it was I knew that Gold would go below $1,000 before the end of the first Quarter, March 31, 2019 that Gold would go to below $981.50. Then when Gold went above $981.50 again - - - it would quickly go to $5,000 or more.
The reason for my statement noted above was:
Several Would Economic Conferences ago (WEC), I posed a question at the end of that WEC to Martin Armstrong.
Marty answered the question to the listening Audience which included me with the answer noted in the 1st Paragraph noted above.
Today most letter writers are saying that Gold is gathering steam and say Gold stocks should be bought. Yes, you should buy Companies that are trading at next to nothing now Companies such as Klondike Silver (TSXV: KS) www.klondikesilver.com and Dynasty Gold now (TSXV: DYG). www.dynastygoldcorp.com but, stay away from the Majors for now and in fact I have been selling them steadily.
But, as I have said many times previously and in the 1st Paragraph above - - - before we see higher Gold prices go higher- - - we still must go below $981.50 first.
The Dow, S&P 500 & Nasdaq
The Dow was Down all week while the S&P 500 and Nasdaq were Up and Down.
We continue to be Bullish the Dow, S&P 500 and Nasdaq. As per Martin Armstrong we are not dealing with a change in Trend currently therefore, I am continuing to buy the Dow, S&P 500 and Nasdaq Indices.
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Points to Ponder
- February 4, 2019 – Passive Aggressive Society & the Cycle of Revolution
The Politicians have divided US citizens and turned them against each other.
The writing by Thomas Pain regarding Common Sense was and and today is still correct.
Yes, forbidding direct taxation worldwide is the only way to prevent Revolutions.
However, the motives by left-wing thinkers in the USA still remains the same.
US citizens should rise up and - - - demand freedom.
2. February 6, 2019 – Monetary Theory is like Sleep Walking
Yes, how to prosper with other peoples money.
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From Mining Interactive Corp. in Vancouver, Canada
Nick L. Nicolaas
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Nick L. Nicolaas; Mining Interactive Corp. and its Associates (collectively referred to as NLN) are not registered advisers and do not give investment advice. NLN’s trading comments are an expression of opinion only. NLN may have an investment in some of the companies or trading instruments NLN mentions or writes about, nothing should be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity or any other financial instrument at any time. While NLN believes all statements to be true, they always depend on the reliability of NLN’s sources. NLN recommends that you consult a qualified investment adviser, one licensed by the appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions and NLN urges you to confirm the facts on your own regarding any trades or companies NLN mentions before making important investment commitments. The “Stock and Private Placement” alerts written and distributed by NLN do not, and cannot, constitute a recommendation to buy or sell any security.
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The material in the “Trading Based on Martin Armstrong Socrates Alerts” and the “Stock and Private Placement” alert letter published by Nick L. Nicolaas is for informational purposes only and is not intended to and does not constitute the rendering of investment advice or the solicitation of an offer to buy securities. The “Trading Based on Socrates” and the “Stock and Private Placement” alert discussion contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The Act). In particular when used in the preceding discussion the words “plan,” confident that, belief, scheduled, expect, or intend to, and similar conditional expressions are intended to identify forward-looking statements subject to the safe harbor created by the ACT. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include but are not limited to future events and financial performance of the company which is inherently uncertain and actual events and/or results may differ materially.
In addition, we may review investments that are not registered in the U.S. We cannot attest to nor certify the correctness of any information in this note. NLN owns shares in Meadow Bay Gold Corporation; Ashanti Gold Corp; Klondike Silver Corp; Northern Dynasty Mines; Exeter; Arrowstar Resources, Klondex Mines, Dynasty Gold, Terenga Gold and Aurora Cannabis.
February 10, 2019