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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@Goldfinger$Trump says U.S. "very much behind" Egyptian military ruler Al-Sisi. U.S. in favor of military dictatorships as long as they follow orders, those that don't get either a revolution to overthrow them or sanctions and spy warfare.
@EpsteinResearchIn the next several days, North Korea & China are on Trump's to do list. With recent news of a North Korean ballistic missile fired 60 km into the sea, this should be interesting. #Korea#Northkorea#China#Trump saying the U.S. will go it alone on North Korea if need be. How can the #gold price not go up!?!
"....senior White House officials warned that the North Korea threat is now "urgent." North Korea has been the subject of an interagency review since Trump took office. U.S. intelligence officials believe that at its current pace, it will have the ability to reach the U.S. with a nuclear missile within a year, and Obama warned his successor of the escalating danger before he left office.
"The clock has now run out and all options are on the table for us," a senior White House official said, providing a glimpse at Trump's message to Xi.
@Goldfinger@TheDailyGold fear and greed sell really well, he's working the fear angle quite a bit. One worthwhile point that was made is that there are 3 open $Fed governor positions after Lacker resignation, no other President has had the kind of opportunity to shape monetary policy so early in their Presidency as $Trump now does.
@Goldfinger$Trump rumbling about military action in $Syria and now Putin saying "support is not unconditional" means Assad's days are numbered. Russia is only thing keeping him in power, Russia just needs to find a way to transition and keep its naval and air bases.
@EpsteinResearch#Syria, #Trump said to be addressing the nation later tonight. This is just fun and games for him, he craves attention, excitement, controversy (although it seems many agree with this action).
@EpsteinResearch#Trump has A LOT of things he would like the world to look away from, to be distracted from..... #Syria bombing will do the trick. Unbelievable how Trump rolls, "America First." ?? Sec. of State Tillerson and Trump appear to be on different pages big time. Terribly scary that Trump really gets to make calls like this, that it's not studied by experts, what was the rush to act??? Just attention seeking, craving excitement, projecting power, looking tough in front of Chinese premiere in Florida....
@GoldfingerIn the $Trump$Putin chess game I would say Trump has a slight advantage after this move, now it's Putin's move. From an investment standpoint I don't see it affecting equities, $gold and $oil should remain well bid.
@Leon@racker - North Korea is going to become a litmus test for #Trump. If he's doing nothing, NOK will develop "the bomb". If he sends the Navy Seals for a breakfast at Kim's place, the Chinese will send their 150,000 troops still waiting at the Korean/Chinese border to fill the power vacuum immediately. This whole adventure might turn out as a lose/lose situation for the West.
@Leon@stateside - there are so many war scenarios going on right now with Syria / Iran / Russia / #NorthKorea and even China, that I believe the sabre rattling serves as a distraction from domestic problems in the U.S.(tax-reform, health-care issues, debt-ceiling etc) and the EU as well (integration problems, election in France, national indebtedness of Greece, Italy etc., independent movements > Brexit etc. and NATO's Turkey with its nuclear weapons arsenal in Incirlik on the brink to dictatorship). How does it come that #Trump changed his agenda so fast from "Why waste American lives and American wealth on wars you can't win?" .. Because "the elite" gain power and money from foreign wars! #oil#gold#copper#iron-orewww.internationalman.com/articles/heavily-armed-swamp-critters
@GoldfingerTops are a process. Very few market participants (if any) get them right and they take time to play out. Take 10-year treasury yields as an example: http://cdn.ceo.ca/1cfcg7n-TNX_4.18.2017.png+
A topping process has been playing out for months and in the last week we have seen a breakdown below previous support (~2.30%). In December I wrote a blog post highlighting the unsustainable sentiment and market positioning that was SHORT treasury futures (betting on higher yields): http://www.321gold.com/editorials/ceotechnician/ceotechnician121416.html
I was a day early, yields peaked the next day. Now we are seeing this big move down in yields confirmed by cyclical stocks like $FCX$GLEN.L$VALE$X to name a few. Might be a good time for $Trump to deliver on some of that infrastructure spending...
@Goldfinger@lukejackson$Trump is a salesman, he can't stop himself from saying things like "BIG" "the best" and constantly talking about things in binary terms i.e. winning vs. losing. It's not a good precedent when the President of the wealthiest country in the world is constantly making promises (and timelines) he doesn't keep. What ever happened to underpromising and over-delivering?
@GoldfingerWhat if knee-jerk reaction of buying $USD is wrong? Tariffs and protectionist policy should actually be negative for a country's currency, the US is different in some ways because of its size of international trade and current account deficits. But US benefits greatly from its 'float' of USD held overseas. What if those dollar holders say "F U" and exchange for euros or $gold or whatever other currency and a tit for tat takes place with US exports which have a comparative advantage with other countries? Thinking out loud here, and $Trump is clear that he doesn't want a strong dollar....