November 2015 – JenkinsRM

Archive for November 2015

New Lows for Gold into 2016?

Gold & the Dollar Surge Posted on November 27, 2015 by Martin Armstrong Gold-Room-Fort-Knox A ton of emails are flooding in asking what to do with gold since it made new lows after yet another false rally. I appreciate all the people who have been hurt by the goldbugs. Just remember, what goes up MUST…

Read More

Turkey Trying to Distract from their Sov Debt Crisis?

Is Turkey Trying to Distract the World From its Debt Crisis Shooting Down a Russian Plane? Posted on November 24, 2015 by Martin Armstrong There is something not quite right about this entire incident of Turkey shooting down the Russian fighter jet and then attacking the rescue helicopter. Sorry, but Turkey is way out of…

Read More

Orange Juice Futures

We tweeted this morning about Bloomberg’s story on the worst slump for the OJ industry in 100 years. One would think this would continue to be supportive of the commodity price and when we look at the chart, OJ futures are definitely in a long-term bull market. The story reads …

Read More

New Position Lira – LONGTERM

This is what we call a Phase 2 Higher Low on the daily chart of the Lira (USDTRY).  2 days ago usdtry failed to retest the lows from last month and this has created a Higher Low long-term. We also like that USDTRY is in the northern hemisphere meaning it is above the 200 day.…

Read More

Sold Oil Short

We are going to lean core short oil over the intermediate-term here on oil in front of the Pi line (314 period moving average).  We sold $42.41….we will love ok to sell more on a break

Read More

Great Article on How ISIS Funds Itself

Why U.S. Efforts to Cut Off Islamic State’s Funds Have Failed Weeks before the attacks that killed 129 people in Paris, U.S. warplanes resumed sorties above Syria and Iraq, targeting anew oil fields and other parts of a vast petroleum infrastructure that fuels—and funds—Islamic State, one of the richest terrorist armies the world has known.…

Read More

Global Deflation Remains the Dominant Theme

Glencore the an Anglo–Swiss multinational commodity trading and mining company is in the news today after its 10th consecutive losing day. This is just more confirmation of the global trend of deflation that has been in place since the better part of last year with the most obvious move in energy starting last Oct/Nov when oil broke down…

Read More