February 3, 2019
Gold & Silver, the Dow, S&P 500 and Nasdaq
Gold & Silver
I am still expecting a low below $1,000 before the end of the first Quarter, March 31, 2019 and I continue to believe that Gold will go to below $981.50 and when Gold goes above $981.50 again that it will very quickly go to $5,000 or more.
Goldman Sachs, a leading global investment banking, securities and investment management firm states that Gold will benefit from strong central bank buying and the wealth effect in India and China due to strengthening local currencies and they are very bullish on the Gold price.
Goldman’s target price for Gold is $1,450 per ounce versus our forecast, aided by Martin Armstrong, of over $5,000 per ounce
The Dow, S&P 500 & Nasdaq
The Dow, S&P 500 and Nasdaq were Down and Up this past week with the Dow and S&P 500 Up on Friday and the Nasdaq Down at the Close on Friday.
We continue to be Bullish the Dow, S&P 500 and Nasdaq. We are not dealing with a change in Trend to the Upside therefore, I am continuing to buy the Dow, S&P 500 and Nasdaq.
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Points to Ponder
1. January 31, 2019 – Markets Cheer a Recession?
Yes, the US Market has been the BEST performer in the world and from the international perspective, the US Share Market has outperformed everything in terms of currency.
2. January 31, 2019 – The Deep Freeze - Chicago is Colder than Antarctica
Yes, the Global Warming Crowd continuous to be dead wrong.
3. February 2, 2019 – Revolution - Why is it Always Inevitable?
Yes, the motives by the left-wing thinkers always the remain the same. It certainly is true that worldwide forbidding direct taxation will be the only way to prevent Revolutions.
If you can go and see Les Misérables, the Movie or perhaps the Stage Play.
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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.
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