March 10, 2019
Re: Jeremy Granthum - Martin Armstrong - Gold & the Dow - Points to Ponder
Jeremy Grantham, an investor credited with predicting the 2000 and 2008 downturns, told CNBC on Thursday that investors should get inured to lackluster returns in the stock market for the next two decades, after a century of handsome gains stated last Friday:
“In the last 100 years, we’re used to delivering perhaps 6%,” but the U.S. market will be delivering real returns of about 2% or 3% on average over next 20 years” the value investor and co-founder of Boston-based asset manager GMO told CNBC in a rare interview.
“Over the past five years, the S&P 500 index SPX, -0.59% has produced a compound annual growth rate of 8.1%, the Dow Jones Industrial Average DJIA, -0.39% has boasted a CAGR of 9.1%, while the Nasdaq Composite Index COMP, -0.56% has registered a compound return of 11.4% over the same period, according to FactSet data.”
Grantham attributed his call for lower future returns to the Stock Markets which he still views as pricey.
Grantham, who has been predicting a meltdown in stocks since last year, said that not even the recent go-slow reversal by the Federal Reserve on rate increases and the European Central Bank’s decision to roll out a fresh batch of bank stimulus will push stocks significantly higher. “You can’t get blood out of a stone,” he told the CNBC network.
As does Martin Armstrong, I totally disagree with Jeremy Grantham and Investors should not head his advice and Investors should continue to stay LONG the US Stock Markets.
According to Martin Armstrong on Friday March 8, 2019 the next Turning Point on the ECM (Economic Confidence Model) is Sunday March 13, 2022. This particular cycle we are in is an inflationary one due to the decline in the purchasing power of the currency rather than a demand expansion caused by shortages in actual goods or commodities.
Marty also stated: “The overall peak in this inflationary trend appears to be targeting the peak of the next 8.6-year wave dur in Tue. May 7, 2024, which will align also with the presidential election in the United States. Keep in mind that our political models are also highlighting Tue. May 7, 2024 as a major political turning point where confidence in government will really collapse thereafter going into the culmination of this 51.6-year ECM was due to unfold on Sun. Dec. 12, 2032.”
Gold & the Dow
NY Gold Nearest Futures
The end of the 1st Quarter is only three (3) weeks away. When Gold goe below $981.50 before that month-end and then goes above $981.50 again, it will go very quickly to $5,000 or more.
I will be buying Gold like crazy when it goes again above $981.50 - - - and so should you.
For now, we and our Paid-for Subscribers to Day Trade the Comex 5000 Silver Futures on the Short side.
Dow Jones Industrials Index Cash
Last Friday concluded Wall Street’s most bearish week in 2019 with all major U.S. indexes declining for the fifth (5th) consecutive day.
The Dow dropped 200 points earlier in the day but, recovered most of the losses later in the day closing down just shy of 23 points while the S&P 500 dropped over 5 points and closed at 2743.07 and the Nasdaq declined just over 13 points and closed at 7408.14.
We and those on whose behalf we Day Trade did make a lot of money this past week, especially on Friday when the market recovered during the day.
I have still one (1) spot left for one of you on whose behalf I can Day Trade.
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“From the Desk of Nick Nicolaas” letter.
Outside of the people directly working directly with Martin Armstrong,
I am probably the best person in the world interpreting his work.
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Points to Ponder
- March 5, 2019 – The Solution
As Marty says: “We deserve what we get”
- March 8, 2019 – Baby Boom to Baby Bust – The Crisis in Socialism
As Martin Armstrong says: “Anything below 2 children per couple means a net population decline.”
So, in order to prevent excess immigration old and young need and start to procreate with a vengeance.
- March 8, 2018 – Is New York Trying to Take Over Tesla by removing Elon Musk from Tesla with the help of the SEC?
Marty: “There appears to be an all-out assault against Elon Musk that is spreading between agencies. I have written about the SEC who is demanding Musk be removed as a director of Tesla. They did not seek such sanctions EVER against any of the bankers who really did screw up the entire world. Now the Pentagon has joined in and is reviewing his security clearance because of a pot-smoking incident.
Whenever you see agencies starting to gang up on one company and individual, there is something going on behind the curtain. Someone in New York has an eye of Musk and clearly want’s him removed as a competitor. Pay attention to this for in the end, the SEC will demand he be removed to destroy Tesla which will then be absorbed by someone with New York connections. You will see! It is always the same game.”
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It’s all about profitable trading!
Stay Tuned for our next Free of Charge 'From the Desk of Nick Nicolaas' (FDNN) letter
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.
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March 10, 2019