1. SILVER GREEN ALERT – One of the Best Buying Opportunities in Years…
by Clive Maund
There will be no equivocating, fence sitting or any kind of hedging or expression of doubt in what is written in this update. Let me be absolutely clear: – we are now at the threshold of a barnburner rally in the Precious Metals sector, and silver is set to scream higher driven by a massive short covering panic, because short positions in it have ballooned in recent weeks to levels way above what we saw in December 2015, when silver hit its final bearmarket bottom, before the big sector rally during the 1st half of 2016.
2, Our Doom Index Is Heating Up…
by Bill Bonner
The Dow rose another 100 points yesterday. Can anything stop this bull market?
At least we know the answer to that question: Yes.
When?
Longtime Diary sufferers know better than to trust our market timing advice. So rather than rely on our instincts, the Bonner & Partners research department has developed a Doom Index to guide us.
What is it saying now?
3. A Victory? Petronas cancels $36B LNG Project
By Michael Campbell
As B.C. jacked up demands Petronas has decided to pull out of a great industrial project with good high paying jobs and tax revenue to fund social programs. The construction phase was supposed to create 4,500 jobs alone. Also what does the recent run up in the Loonie mean for interest rates. Higher? Lower?
