Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Almost 1% and 2% on the Week
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 1 18 2019
By: Ira Epstein

David Morgan: Expect Stagflation and Silver Outperformance in 2019
By: Mike Gleason

Gold, Silver, MinersóGet Ready to BTFD
By: David Brady, CFA

Gold Surges on Stock Selloff
By: Adam Hamilton, CPA

GoldSeek Radio Nugget: Ryan Walsh and Chris Waltzek
By: radio.GoldSeek.com

GoldSeek Radio Nugget: Michael Pento and Chris Waltzek
By: radio.GoldSeek.com

SPX and Gold; Pivotal Points at Hand
By: Gary Tanashian

Gold Is Up Lately. Why Does It Feel So Disappointing?
By: John Rubino

U.S. Government Debt Bomb Much Higher Than Americans Realize
By: Steve St. Angelo

 
Search

GoldSeek Web

 
Is 'Doc Copper' Predicting Severe Inflation?

By: Rick Ackerman, Rick's Picks

 -- Published: Monday, 5 December 2016 | Print  | Disqus 

http://www.rickackerman.com/wp-content/uploads/2016/12/Unless-severe-inflation-is-coming.jpg

Doc Copper has swung wildly since Novemberís moon shot and seems likely, on the visually evidence of the charts, to attempt another spectacular leap. Assuming the gyrations of the last three weeks have been a consolidation for a follow-through rally, notice that much of the action has taken place just beneath the November peak. That bulls mean business is further affirmed by the slight penetration of the November peak on the second run-up. However, unless it is the return of severe inflation that copper is predicting, the correction will probably need to take out the key low at  2.4260 (see inset) to give a second-wind rally some running room. Although I have serious doubts that serious inflation is possible in an economic world that has amassed debts aggregating to more than a quadrillion dollars, I will let the chart speak for itself in the weeks and months ahead. In the meantime, for trading purposes, the sale of option straddles targeted on the 2.50 strike seems like a good bet. If you donít subscribe, you can access the chat room and all of Rick's trading 'touts' instantly by clicking here for a no-risk, two-week trial subscription.


| Digg This Article
 -- Published: Monday, 5 December 2016 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2019



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.