August 27, 2017
Re: Klondike Silver Buying Opportunity - Gold, Silver, Dow, Euro & Yen - Points to Ponder
Klondike Silver Buying Opportunity
The surge in Zinc prices through $3000 a metric ton is great for Klondike Silver (TSX-V: KS & K1SN) with its high values of Silver, Lead and Zinc.
The stock is trading at a low of 4 and 4.5 cents and all week I have continued to buy its shares while I sit back and patiently wait until 2021/2022 when the Retail Investor will enter the market with a vengeance and then - - - I will sell into them, make my profits and while depositing my profits into my Bank with a broad smile on my face.
Gold, Silver, the Dow, the Euro & the Yen
Do not act on what you read in the News Papers, hear on the Radio or hear from the Talking Heads on Television because, it is totally counterproductive to your financial future. You are being prevented at all costs to get to know the truth of what is really going on.
Just read the daily Martin Armstrong Blog and follow my “From the Desk of Nicolaas” based on Socrates noted below and you will continue making profits.
NY Gold Nearest Futures
Socrates ‘NY Gold Nearest Futures’ analysis for the Week of Monday August 28, 2017:
Daily: New Pattern Forming; Weekly: Still BULLISH; Monthly: Pushing Higher; Quarterly: WARNING SPIKE LOW and Yearly: Consolidating.
Be aware that Silver mostly follows the NY Gold Nearest Futures but, not always.
The Silver price will eventually go much higher than the Gold price. The Silver/Gold ratio which is in the 75:1 area will slowly start to move towards its historic Silver/Gold ratio of 17:1.
Dow Jones Industrials Index Cash
For the Dow, we are now in a consolidation pattern for the balance of the month.
Socrates ‘Dow Jones Industrials Index Cash’ analysis for the Week of Monday August 28, 2017:
Daily: Reaction Rally; Weekly: Pressing Lower; Monthly: Possible Temp High; Quarterly: Approaching Breakout High and Yearly: Phase Transition Easing CAUTION.
Socrates ‘Euro’ analysis for the Week of Monday August 28, 2017:
Daily: Slingshot UP; Weekly: Turning to UPSIDE; Monthly: Moving Sharply Higher; Quarterly: Pushing To Upside and Yearly: Turning Back UP.
I usually do not write about the Japanese Yen but, some of my Readers have told me they are following the Yen, I will from here on in report on Trader Level test provided by Martin Armstrong’s Socrates.
Socrates ‘Yen’ analysis for the Week of Monday August 28, 2017:
Daily: Reaction High; Weekly: Turning Back UP; Monthly: Further Decline Likely; Quarterly: Reaction High and Yearly: CAUTION ADVISED.
“Stay Tuned” my friends “Stay Tuned”
Points to Ponder
1) In his Blog dated Wednesday August 23, 2017 Martin Armstrong (MA) discussed what judges have done turning the US Constitution on its head changing it from a restraint upon government to a positive right you can waive and thus the government has no restraint whatsoever and that this is the greatest Constitutional Scam that the Judiciary and the Department of Justice have been doing for decades by constantly ruling against people claiming that they waived their rights under the Constitution.
I love the people in the US but, I can safely say that I am glad I am not living in the USA today.
2) In In addition in his Blog of the same date MA discusses the Extreme Left and among other things basically says:
As part of the new Marxist uprising the extreme violent left is expanding their desire to overthrow essentially everything and are now attacking a monument in Baltimore to Christopher Columbus. So what is next?
What is happening that the extreme people on the left, who are Marxist and want a revolution and want to take all the wealth of others for themselves, are acting the same as the Taliban who were blowing up ancient statutes claiming they were false gods trying to erase history.
If you disagree with them then the insults like fascist or racist is attached to you and - - - these violent extremists would kill you in a blink of an eye if they gain power.
The monument in Baltimore, which features a two-story-tall obelisk atop a base, was still standing on Monday last week, but there was a gaping hole in the front and chunks of stone were scattered in the grass.
We know that Political Correctness within society changes with time however, Confederate statues have been removed overnight in many places to appease these violent Left people who are trying to eradicate history.
As MA says: “What we see today as fair will one day be seen as uncivilized. Where do we draw the line between what is past and the present? Are we the new Taliban or ISIS which is attempting to eradicate history by blowing up ancient history because they too believe these were all pagan symbols?”
Yes Friends that is what is happening in the USA today.
The main question is where will it all end? Somehow, we have to stop these idiots!
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The Martin Armstrong, Socrates Trader Level has been renamed and it is now named the
Please Note as of August 20, 2017, some short-term test to the opening of the “Standard Membership” base edition of Socrates added in order to help during this immediate market shifts going into September. They will also be adding a 2nd Intermediate Level soon which will have short-term analysis and then the 3rd Level which will include access to the Arrays and Reversals. This way everyone with different interests will be able to tailor their “Standard Membership” subscription access to only what they need.
Here is a preview of short-term analysis we have added to the access:
DOW JONES Standard Level:
As of the close of Fri. Aug. 18, 2017, the Dow Jones Industrials has broken the previous session low and closed beneath that low. Our immediate trend model is bearish as are our momentum models so we should still expect a retest of support. Projected technical Resistance stands tomorrow at 2179337, 2167453 and 2172490. Opening above this area will cause it to become support. Projected technical Support tomorrow lies at 2164165. Naturally, opening below this area will cause it to become resistance. Dow Jones Industrials closed today at 2167451 and is trading up about 9.67% for the year from last year’s closing of 1976260. Thus far, we have been trading down for the past 2 days. On a broader perspective, this market has been trading down overall for the past 8 days, since the high established Tue. Aug 8, 2017 following the high established on Wed. Aug 16, 2017.
Gold Standard Level:
As of the close of Tue Aug. 8, 2017, the NY Gold Nearest Futures made an outside reversal to the downside closing lower. Clearly, this market is encountering underlying support. Opening higher may spark a bounce. Opening above projected resistance and/or exceeding this session’s high would lead to a sharp rally ahead. Projected technical Resistance stands tomorrow at 126772, 125932 and 125982. Opening above this area will cause it to become support. Projected technical Support tomorrow lies at 125392. Naturally, opening below this area will cause it to become resistance. NY Gold Nearest Futures closed today at 125930 and is trading up about 9.34% for the year from last year’s closing of 115170. Thus far, we have been trading down for the past 5 days, while we have made a low at 125390 following the high established Tue. Aug. 1, 2017.
As I have stated many times previously, at $14.99 the Standard Membership is an outright steal. It has many benefits and is constantly being improved.
I highly recommend you subscribe for the Standard Membership service HERE.
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It’s all about profitable trading!
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Cheers from Mining Interactive Corp. and from sunny and beautiful Vancouver, Canada
Nick L. Nicolaas
Direct: +1 (604) 657-4058
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, believe, 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 are 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; Organic Garage; Northern Dynasty Mines; Exeter; Arrowstar Resources and Klondex Mines. Please consult your financial adviser and perform your own due diligence before considering any companies mentioned in this informational bulletin.