On Monday March 30, 2020 the results of the Corona Virus Scare were reported by Bloomberg News.
This Corona Virus Scare results reported by Bloomberg News are a nasty picture of what is happening today and what people around the World are still frightened of.
We hope that the World comes to it sense soon and realize that the Corona Virus Scare is Over and Finished with, as we reported last week on March 29, 2020 in this Free of Charge letter.
Also, on March 30, 2020, shopkeepers in the city of Wuhan where China's Corona Virus outbreak began were reopening Monday. But customers were scarce, after authorities lifted more of the Corona anti-virus controls that kept tens of millions of people at home for two months.
On March 31, 2020 Martin Armstrong wrote this.
Sweden has not followed the rest of the West and has taken this Corona Virus insanity with a realistic approach. Sweden does not see this as an epidemic.
On April 2, 2020 Marty wrote this.
In the meantime, a stock that should be purchased for the long-term is Bombardier which is grappling with a share-price that has sunk to 40.5 cents which is its lowest Price Level and is in a Financial Position that seem unsustainable.
We believe that Bombardier is an Excellent BUY!
Gold, the Dow, S&P 500 & the Nasdaq
NY Gold Nearest Futures
The Corona Virus extreme and ridiculous fear scare has been terrifying the Markets and you need to stay grounded and take the opportunity to buy Gold for the long-term and Gold Miner Shares which continue to be a great Buying Opportunity.
The Final Bottom for the Precious Metals Sector might be seen as early as… next week.
We also believe there will be a Turning-point and Directional-Change in Gold very soon.
We believe hat Gold will go below $981.50 after which it will go above $981.50.When that occurs, we will see Gold move very fast by year end to at least $2,500 and perhaps $5,000 per once.Eventually Gold will go to as high as $20.000 per ounce.
Dow Jones Industrials Index Cash
.Even after the last week March 23, 2020 strong gains were still below their respective moving-day averages, when the week of March 30, 2020 started, the Technical Picture continued to be bearish across the board.
As per Martin Armstrong we are going into a Global Recession that can be even worse than the Great Depression.
According to Marty in April we will see the Worst-Case Scenario which is a Directional Change when the Dow breaking the Yearly Bearish Reversal which stands at 15,000.
The Dow, S&P 500 and the Nasdaq were Up and Down this past week.
The Dow closed the week at 21.052.53 the S&P 500 closed at 2,488.65 and the Nasdaq closed at 7373.08.
We continue to 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
1. March 30, 2020 – Why Flattening the Curve is Overrated
As Martin Armstrong states in this essay: “The media is in full swing to take down Trump. Anyone who dares to disagree with their position to shut down the world economy is being blocked as Twitter has done with the President of Brazil who was urging people to return to work.
What the press is doing to society this time around just to defeat Trump and right is not only casting us into a new age of totalitarianism, but we are not coming out of this in any possible way where it will be a return to business as usual. The press is aiding and abetting the overthrow of democracy all to desperately change the balance of power.
I do not think it takes that much imagination to see why Socrates will be correct.”
2. March 30, 2020 - Italy to Put Up All Government Buildings for Loans?
As Marty says: “What is left? Not much to support a European economy destined to be the greatest economic failure since the fall of Communism. What is next for sale? Perhaps all the art in the national museums?”
3. April 1, 2020 – I will Survive (Quarantine)
This certainly is an Academy Award performance! 😊
4. April 3, 2020 – The Injustice of the Justice System
An essay by Marty regarding the Injustice of US Justice system.
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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
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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, 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, Exeter, Adastra Lab Holdings, Klondex Mines, Dynasty Gold, Blue Sky Uranium, Saville Resources, Guyana Goldstrike, CanAlaska Uranium, Aurora Cannabis, Golden Predator Mining, the Polaris Wallet, Maxtech Ventures, Amex Exploration, Dunnedin Ventures, 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.
April 5, 2020