Recession is Coming! Recession is Coming!

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Everything goes in cycles. If we look back over our history, we find that about every 8-10 years we go into another recession. The last big recession was in 2008. But, I believe, that the one coming may prove to be even costlier than the one before.

Everyone has heard the phrase “Kicking the can down the road”. It has become synonymous with our elected officials. For the last 10 years they have been putting band aids on gaping wounds and then patting themselves on the back for keeping things from getting worse than they already were. But, we’ve reached the end of that road and there are no more band aids left in the box. So, instead of coming up with real solutions to the problems that “they created”, they’ve resorted to passing the blame. And, suddenly, it’s all President Trumps fault. Of course, forget that he was NEVER IN POLITICS!

“Oh, if only Hillary had been elected.”

From the Debt Ceiling to legislation of almost any kind, we have watched, in total disbelieve, as our government has become inadequate in being able to come together for the sake of this country and the people who elected them to represent us. But, what I find even more appalling, is the fact that these so-called representatives never feel the pain that they inflict on the rest of this country.

Have you ever heard one of them say “I don’t know how I’m going to be able to pay my bills this month” or ” My kids are going without food or clothing” How about “I may lose my house because I can’t pay my mortgage!”

We elected you to be our intermediaries. To go to Washington to represent our best interest (whether it’s our district or our state). Not to get rich off of our sweat and hard work.

I’m not going to say that your job is easy. I’m sure it isn’t. But, your “Divisiveness” and “Deplorable” rhetoric are tearing this country apart.

There are people in Washington who have no business representing anybody. They are nothing but attention seekers, and I’m not sure they even care what kind of attention they get. After all, they won’t have to feel the pain. But, we will. We always have. And when this next recession hits, a lot of us won’t have the luxury of being able to wait for a recovery. Assuming there is one.

Gold/Silver Ratio Reversal

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Over the last 20 years there has been a specific condition for Silver that has been a rather reliable predictor for its price. Once it is met, these prices have historically risen within an 18-24 month period.

Since 1996, the Gold/Silver Ratio (the price of one ounce of Gold divided by the price of one ounce of Silver)has hit 80/1 a total of 4 times. The most recent being 2016.

In all three of the previous times, the ratio reversed and Silver gained a significant percentage. It outperformed Gold by a wide margin and rose in every instance.

IF THIS TREND PLAYS OUT AS BEFORE, THE SILVER PRICES SHOULD MOVE SIGNIFICANTLY HIGHER OVER THE NEXT YEAR.

With our current political landscape and uncertainty in how much higher the Stock Market can go, we may see Silver reach anywhere from $30 -$65.

DEPRESSED PRICES DON’T LAST FOREVER.

(Please call GOOD TO GOLD INC. for charts/info)

Beneath the glow of stock-market records, darkly bearish trends are lurking

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Major U.S. stock-market indexes are trading near record levels, but does that statistic simply mask an ominous picture that’s being painted behind the scenes?

Market breadth, a measure of how many stocks are rising versus the number that are dropping, has turned “exceedingly negative,” according to Brad Lamensdorf, a portfolio manager at Ranger Alternative Management. Lamensdorf writes the Lamensdorf Market Timing Report newsletter and runs the AdvisorShares Ranger Equity Bear ETF HDGE, -0.23% an exchange-traded fund that “shorts” stocks, or bets that they will fall.

“As the indexes continue to produce a series of higher highs, subsurface conditions are painting an entirely different picture,” Lamensdorf wrote in the latest edition of the newsletter. He noted that the year-to-date advance in equities — the S&P 500 SPX, +0.13%  is up 10.6% in 2017 — has been driven by outsize gains in some of the market’s biggest names.

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World’s Top Stock Market Really Just a Handful of Top Stocks

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Among the world’s biggest stock markets, there haven’t been any better investments this year than Hong Kong’s Hang Seng Index.

But under the surface of that 26 percent surge, gains are getting more concentrated — and that means for some shares, volatility is on the rise. Take one of the Hang Seng’s heaviest weighted stocks, Tencent Holdings Ltd. Its 69 percent surge this year has accounted for about a quarter of the index’s gain, according to data compiled by Bloomberg. And its 30-day volatility has jumped 51 percent, as price swings across the index grow ever more muted.

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Does Market Rigging in the Metals Signal a Buying Opportunity?

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Gold MarketCentral Banks are rigging the metals markets. Does it signal a buying opportunity? Will they ever be prosecuted for this illegal activity?

I recently interviewed good friend Ed Steer who writes Ed Steer’s Gold and Silver Digest, a daily must-read. We discussed an article written by Peter Warburton in 2001 outlining the relationship between central banks and investment banks rigging the metals market price:

…(Central Banks) incite investment banks and other willing parties to bet against a rise in the prices of gold, oil, base metals, soft commodities or anything else that might be deemed an indicator of inherent value.

Their objective is to deprive the independent observer of any reliable benchmark against which to measure the eroding value, not only of the US dollar, but of all fiat currencies. Equally, they seek to deny the investor the opportunity to hedge against the fragility of the financial system by switching into a freely traded market for non-financial assets.

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Open Mouth-Insert Foot

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Mitch McConnell in just a few carefully constructed words, has explained to all of America, what is wrong with our Government and its so called “Leaders” that “We the People” put in there to represent us.

Mitch said and I quote “Our new President, of course, has not been in this line of work before. And I think he had excessive expectations about how quickly things happen in the Democratic process.”

REALLY? I think he is well aware of how things happen in the Democratic process, as all Americans are, which is why we put him (not you) in charge.

I want to make one thing perfectly clear: I am a Republican, NO WAIT! Scratch that. I am an American. And I have been waiting for what seems like a lifetime for the “Peoples” representatives, to do something other than inflict misery on the very people they profess to represent. If we approached our jobs with the same cavalier attitude that so many in congress approach theirs with: WE WOULD BE FIRED!

Boss to employee: “I need you to get this done ASAP!”

Employee to Boss: “Well, I think you have excessive expectations.”

Boss to employee: “Fine, I’ll get someone else to do it. You’re FIRED!”

For 8 long years, you, and everyone like you, told the People that if we gave you total control you would TAKE CARE OF BUSINESS. What a crock!

I have to wonder: Is it that you don’t know what you are doing? Or that you just don’t want to do it? Most of the Media (Left and Right) have been saying that if things don’t get done it will spell doom for the Republicans in 2018. They are both right and wrong. It doesn’t mean that we won’t vote, or that somehow we’ll vote Democrat. It means that those in the “Establishment Right” as well as those on the “Left” will be looking for new jobs, as we will replace them with someone who will get things done.

I have often said “If you want our Government to come up with a good solution to “ANYTHING” then make sure they have to follow the same rules they lay out for everyone else. NO EXCEPTIONS NANCY PELOSI!”

Our country is facing what could be a welcomed recovery, while at the same time, we are staring down the barrel of a loaded gun called “North Korea”. But, instead of coming together, the Media, the Progressive Left (or Socialist) of this country and the Establishment Right are spending all of their time pitting us against each other.

Whether it’s cries of “Racism”, “Islamophobia”, “Homophobia” or “Transphobia” (As a white man, I’ve been accused of so many phobias, I’m trying to get my doctor to put me in for disability. I’m obviously a very sick man and didn’t even know it) or what ever is the flavor of the week, we have allowed ourselves to be ridiculed to the point that we don’t even want to talk to each other, for fear of being labeled.

ENOUGH IS ENOUGH! If you want to keep your cushy little jobs, you better “GET TO WORK!!!”

Or would you rather have MAXINE WATERS RUNNING THINGS! “OH, GREAT! Now I’ve really made myself sick!”