I Day Trade for myself and a few Investors who have given me Authority to Day Trade in their Accounts.
Several investors have asked me if I can Day Trade for them as well.
Gold, the Dow, S&P 500 & the Nasdaq
NY Gold Nearest Futures
We are now entering the weak summer doldrums and Gold and Silver Miner Shares continue to be a great Buying Opportunity.
The Silver Price will eventually become explosive. It will go back to a historical Silver/Gold Ratio of Seventeen (17) Ounces of Silver to One (1) Ounce of Gold. This bodes well for a Company like Klondike Silver which has in addition to Silver has High-grade Zinc as well.
We continue to believe that there will be a Turning-point and Directional-Change in Gold very soon.
Gold will go below $981.50 after which it will go above $981.50. When that occurs, we will see Gold move to at least $2,500 and perhaps $5,000 per once. Eventually we see Gold will go to as high as $20.000 per ounce.
Dow Jones Industrials Index Cash
It is likely that we still will see that the low in the Dow in the mid-17,000.00 level and as far down as the mid-15,000.00 level.
The Dow, S&P 500 and the Nasdaq were Up and Down during this past week with the Dow closing the week at 27,110.98 the S&P 500 closed at 3,193.93 and the Nasdaq closing at 9,814.08.
We believe that Gold and the Dow will move upwards in Tandem during 2020.
At Mining Interactive it is our resolve to move you the Investor, into Super-fortune and Ultra-wealth status.
Points to Ponder
May 31, 2020 – Thatcher Redistribution of Wealth Rather than Creating Wealth
A tape by the Late Margaret Thatcher whom Martin Armstrong knew intimately and had Frequent Conversations with.
This Thatcher recording is 15:30 minutes long but, if we want to understand as to what is happening today then - - - it is a Must Listen!
June 1, 2020 – Can Biden Really Go the Distance?
As Martin Armstrong states in this Essay: “There is still the rumor that if Biden does not win on the first ballot because Bernie Holds back, then Hillary could still be drafted. The betting odds of her becoming president are at 10% - higher than any other candidate behind Biden.”
June 2, 2020 – Supreme Court is Once Again Inspiring Civil War
Marty in this Essay states among other things:
“Civil Unrest has been taking place for a very long time. If you step back and correlate it to the economy, you will notice that it rises when people start to struggle. There have been plenty of deaths inflected by police since 2014. This would have normally peaked out by 2018, but the economic conditions show this cycle will continue into 2027 if the Supreme Court does not overrule its previous decisions.
The death of George Floyd at the hands of Minneapolis police has re-energized a national debate over misconduct by law enforcement officials that the Supreme Court may be poised to enter.”
“There can be no equal protect of the law as long as a government employee is above the law. Both prosecutors and police should be held to the same standards as any citizen. Until that happens, then the Supreme Court has placed the nation is jeopardy of civil war. There are plenty of good police, but they will be gunned down because of the abuses of the bad ones. Protecting bad prosecutors and police puts at risk others in the same field and the nation itself.”
“If the Supreme Court does not ABOLISH all immunity for prosecutors and police, they will lead the country into civil war just as the Dread Scott decisions did in 1860 holding black were not covered by the Constitution in a stupid attempt to defuse the rising tension between North and South.”
While looting is wrong, if the underlying legality is not changed, this is going to get far worse.
June 2, 2020 – German Study of Scientists Against Coronavirus Hidden from the Public
A German Government document has surfaced which confirmed that this entire Corona Virus scare is nonsense. The German Government lied to the public and claimed it was just the opinion of one employee. However, the German Press attacked the report for they love the Scare Tactics of the Corona Virus to try to sell advertising and boost readership alongside many who question what they are supporting and why.
This 93-page report titled “Analysis of the Crisis Management” that was drafted by a scientific panel appointed by the interior ministry and composed by external medical experts from several German universities.
The leftist press prefers bogus models and Bill Gates to real science. What they have done to the people is outrageous. The leftist press is simply not defending the people. The press is only inspiring civil unrest and they should tread lightly, for they have advocated the destruction or people’s jobs and their future which will only lead to violence.
The Lincoln administration also fasted a hostile press and turned a blind eye to the First Amendment in the interest of national security. The culprit was the New York Tribune’s Horace Greeley who privately at first supported the south. Greeley eventually came to support the fight to restore the Union.
This raises interesting precedents that Donald Trump perhaps should look at when also facing such a hostile press which is clearly now - - - threatening national security.
June 3, 2020 – Sovereign Defaults Unfolding
As Marty among other things says in this Essay:
“The sheer stupidity of this Corona Virus lockdown is beyond belief.
The lack of common sense amounts to the sad fact that politicians have set off a Monetary Crisis Cycle over the next two years, for they have seriously disrupted the entire world economy.
This will devastate emerging market economies and set in motion massive sovereign debt defaults.”
June 4, 2020 – The Road Ahead - A Complete Mess
Yes, the Road Ahead is a Complete Mess.
June 4, 2020 – Inflation Into 2021
Yes, it is the destruction of Capital Formation.
Capital and seek shelter in Primarily the Stock Markets.
* * *
It’s all about profitable trading!
Stay Tuned for our next Free of Charge 'From the Desk of Nick Nicolaas' (FDNN) letter
Please Forward this Message to a Friend
From Mining Interactive Corp. in Vancouver, Canada
Nick L. Nicolaas
Direct: +1 (778) 887-3529
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.
NLN Day Trading is based on the Princeton Economics Institute (PEI) Martin Armstrong Socrates Forecasts and Alerts however, PEI and NLN are arms-length companies and nothing should be construed in any manner whatsoever that PEI and NLN are affiliated companies.
WE SEEK SAFE HARBOUR
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.
Nick L. Nicolaas owns shares in B2Gold, Meadow Bay Gold Corporation, Ashanti Gold Corp, Klondike Silver Corp, Organic Garage, Northern Dynasty Mines, Adastra Lab Holdings, Klondike Silver, Dynasty Gold, Saville Resources, Guyana Goldstrike, CanAlaska Uranium, Aurora Cannabis, Golden Predator Mining, the Polaris Wallet, Maxtech Ventures, Amex Exploration, Kodiak Copper, Teranga Gold Corporation, White Gold Corporation and Commerce Resources.
Please consult your financial adviser and perform your own due diligence before considering any companies mentioned in this informational bulletin.
June 7, 2020