Uncategorized

Is it a buy? Gold and Silver round-out a bullish technical case.

One of the greatest worries for investors and savers – and also everyone living on fixed income – is inflation, which could accelerate to levels not seen since the 1970s. One of the asset classes that ofer effective protection from inflation are precious metals. Over the recent months, as many commodities have rallied strongly (Oats, Coffee, Oil, Natural Gas, Corn, Copper…), Gold and Silver spent nearly a year treading water and going nowhere. But yesterday’s COMEX closing prices rounded out a clearly defined bullish technical picture. On the occasion I decided to publish this morning’s TrendCompass Major Markets report in full.

Silver

In May I wrote that Silver looked poised to stage a bullish breakout from the consolidation pattern it’s held since last August. I also warned that it is never a good idea to trade in anticipation of such events, but instead to wait for either a pull-back which often does happen in such circumstances, or for the bullish break-out itself. Now we’ve had a pullback and with yesterday’s strong close the technical picture looks much more clearly defined:

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Health, Mystery, Psychology

Alcohol and humanity’s evolution

Quick update – in the hours after I published this article I stumbled across these words from W. B. Yeats and which struck me as relevant:

“The World is full of magic things, patiently waiting for our senses to grow sharper.”

Over the years and almost against my conscious will, my body has been rejecting alcohol. For someone who used to love wine, there is a regrettable side to this rejection. But there’s also a mystery about it, perhaps relevant to our collective evolution – a process that’s likely happening even as you read these lines.

The drunken excesses of youth

I started consuming alcoholic drinks when I was 14. At that time my friends and I began to socialize in bars and night clubs. There was no age related restrictions in former Yugoslavia so it was easy for us to get drunk as badly and as often as we wanted to.

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Uncategorized

Money management: strategy vs. gimmicks and why it matters

Here’s a staggering fact: over the last two decades, literally tens of millions of investors set up individual brokerage accounts to manage their own investment portfolios. But most of them by far lose money. According to an 11-year study published by the UK’s Financial Conduct Authority, as many as 82 percent of all retail investors and traders lose money. This is confirmed by the figures disclosed by retail brokers themselves showing that up to 81% of their clients lose money. And this is in spite of the fact that since 2009 investors enjoyed the longest running bull market ever recorded.

This is in spite of the fact that over the last decade we’ve experienced the greatest bull market in history and every stock investor should have made bundles.

The disconnect and why this matters

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Something completely different

Alex Krainer interview: Financial-Expert.co.uk

Recently, my 2016 book, “Mastering Uncertainty in Commodities Trading” received the honor of topping Financial-Expert.co.uk’s list of “The 5 best books on commodities for traders and investors.” I must say, it is gratifying to receive such recognition from people who actually read books.

On the occasion, I gave an interview to Financial Expert’s Simon Oates:

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Eurasia, History, Liberty, Policy, Politics, Social development, Tyranny, War and peace

Is the age of permanent war finally over?

Recent events in the world have given me great hope that we might finally emerge from the century of permanent war. The Great Reset agenda seems to be losing steam and those in charge of implementing it are losing conviction (with the exception, perhaps, of the very top echelon in power). At the same time, the ranks of people who are opposed to it and are willing to take a stand, appear to be swelling.

Since the very start of the great pandemic of 2020, something about the public health response didn’t feel right. It was clear from the measures that were enacted and from measures that were not enacted that their purpose had little to do with public health. Instead, they seemed to further a different agenda. Soon we learned that this was all connected to World Economic Forum’s hugely ambitious Fourth Industrial Revolution or the Great Reset. But the agenda and the steps taken seemed rushed, panicked and frankly, hopeless.

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History, Liberty, Politics, War and peace

A plea for Russo-American Friendship: a grandmaster’s trek from Stalin to Putin

A few days ago I received a very welcome e-mail from a Russian chess grandmaster Lev Alburt (he has an excellent website for chess enthusiasts – www.chess-news.ru) . I instantly recognized Mr. Alburt’s name because I had quoted him in my book, “Grand Deception” and fully share his sentiment about the importance of preserving and cultivating a relationship of friendship and constructive cooperation between Russia and the United States. This question could be of decisive importance for the future of humanity and I would ask you to please read Mr. Alburt’s thoughtful words:

A plea for Russo-American friendship

One Grandmaster’s Trek From Stalin to Putin

By Lev Alburt

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Central banking, Liberty, Policy, Politics, Real life, Tyranny, War and peace

Why we all MUST reject vaccine passports

The enemy is fear. We think it is hate; but it is really fear. – Mohandas Gandhi

To ‘normalize’ vaccine passports, the media have increasingly been discussing the idea as we trudge on through the umpteenth version of lockdowns. On Saturday (13 March 2021) I got accosted by the police in Cap d’Ail (south of France) for the offense of taking my kids out in the sun without having a justificatif. I have long lost track of the ever shifting rules of conduct, but I didn’t feel like arguing.

The police were just doing their jobs, enforcing shitty rules that harass and antagonize people. For example, I would have been allowed to be where I was if it were a working day, but since it was Saturday, it was verboten. The objective of such rules is nothing to do with public health; they are intended to exasperate us all to the point where we yield to the indignity of vaccine passports when they are rolled out, just so we can live our lives and be left in peace.

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Central banking, Economics, History, Inflation, Policy, Politics

About that imminent banking crisis… don’t hold your breath. We get inflation instead.

A subtle understanding of economic change comes from a knowledge of history and large affairs, not from statistics or their processing alone…

Arthur Burns[1]

Those of us who spend time analysing financial markets have been anticipating an impending banking crisis for years now. A number of Global Systemically Important Banks (GSIBs) as well as many lesser banks have been struggling under an increasing burden of bad debts and deteriorating credit quality in their balance sheets. Deutsche Bank, probably the worst offender, has been on death watch since 2016. But as years went by and doubts about the bank’s solvency multiplied and compounded, no banking crisis materialized.

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Asset management, Central banking, Commodity price, Economics, Inflation, Monetary reform, Policy, Risk management, Trend following

Inflation: we passed a phase transition

In April 2012, economist Robert Wenzel[1] was invited to speak at the Federal Reserve Bank of New York. On the occasion, he told the central bankers thatvast amounts of money printing are now required to keep your manipulated economy afloat. It will ultimately result in huge price inflation, or, if you stop printing, another massive economic crash will occur. There is no other way out.”[2]

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Children, Health, Policy

Evidence: face masks put children’s health at risk

Starting the new school year I found out tnat our children are required to wear masks in school – all day! They are allowed to remove them for a few seconds at a time and during mealtime. This at last prompted me to look at the scientific data in several peer reviewed medical journals and determine whether there’s good science justifying such cruelty. The verdict is very clear (see below for links to sources):

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