Gold is back, Project Veritas and more Jun 25, 2019 View in Browser Your daily source for trading strategies, tech news, and politically incorrect humor. Dear eMBers, Your morning bullets are here.
Your daily source for trading strategies, tech news, and politically incorrect humor.
Your morning bullets are here. Let’s dig in.
INVESTOR INSIGHTS – Gold is back
Gold is having an incredible month.
The Gold Miners Fund (GDX) is up 23% since the beginning of June.
That’s an average of 1% per day this month…
But I think we are nearing a short term top in gold.
Because nothing goes straight-up. And the technical indicators are reaching extremely overbought levels.
Take a look at this chart…
The technical indicators (MACD and RSI) are extremely overbought.
They are more overbought than any time now than at any time over the past year.
That tells me the top is near (a couple of days away).
And even though I think gold will trade higher by year-end, I will be looking for a quick trade to take advantage of the upcoming pullback in gold.
Stay tuned for more…
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
Project Veritas focuses on investigating and exposing corruption.
Achieve a more ethical and transparent society.
Their latest undercover video reveals Google’s determination to prevent President Trump’s re-election.
It features a top Google executive, Jen Gennai. She talks about how Google might prevent 2016 from happening again.
Her title is Head of Responsible Innovation, Global Affairs at Google.
This is what she said in the undercover video:
We all got screwed over in 2016, again it wasn’t just us, it was, the people got screwed over, the news media got screwed over, like, everybody got screwed over so we’re rapidly been like, happened there and how do we prevent it from happening again.
We’re also training our algorithms, like, if 2016 happened again, would we have, would the outcome be different?
I watched the video on YouTube last night. But then YouTube REMOVED it.
You can still watch it here (but it’s 25 minutes long).
Here’s Google’s evolution over the past 20 years:
Google 1998: Don’t be evil
Google 2010: Don’t get caught being evil
Google 2016: Be evil
Google 2019: We are evil
Google 2020: Do evil
TRUMP DERANGEMENT SYNDROME
Immigration is a hot topic.
President Trump postponed his decision to deport “millions” of undocumented immigrants and gave Congress two weeks to address the border issues.
Democrats are scrambling as the clock is ticking.
Let’s see how it plays out.
Read more here
Mexico has deployed roughly 15,000 National Guardsmen and soldiers to the border according to Defense Minister Sandoval.
When asked if troops were detaining migrants to prevent them from entering the US, Sandoval said “yes.”
Mexico signed a deal with President Trump on June 7. And they promised to show results to stop illegal immigration.
It seems they are delivering on their promise so far.
And it looks to me like Mexico is beginning to pay for the wall.
CRAZY-INTERESTING OR RIDICULOUSLY-WEIRD
A man thought he bought $9,100 Florida villa in an online auction…
But he was in for a suprise.
What he actually bought is a one-foot-wide and 100-foot-long strip of grass…
Take a look…
Crazy or Weird
ADDITIONAL READING AND RESOURCES (ARR)
I can’t get into all the news and interesting information out there in this one email, so what you’ll find here are articles, presentations, and resources I’m digging into and believe you should as well.
Most everyday investors aren’t traders. They buy and hold, and hope to cash out at just the right time. But, as the last market crash taught us, it hardly ever works out that way.
If you want to protect what you’ve built up over this bull market – and even add to it – the time to learn how to become a trader is right now.
My favorite new advisory, Jeff Clark Trader, has all the tools you need to get started – for just $19 per year. Click here for all the details.
Your biggest fan,
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