The US Economy: All Roads Lead To Gold


Stewart Thomson

Nov 19, 2019

  1. Top US politicians describe the US economy as the “mightiest of all time”.
  2. Please click here now . Houston, we have a problem! The next tariff tax deadline is now only about three weeks away.
  3. While Trump’s diehard fans may want him to hike these taxes again if China doesn’t “play ball”, massive FOREX liquidity flows suggest that the world’s biggest money managers are becoming extremely concerned about the level of risk in the US economy.
  4. Please click here now . Double-click to enlarge. American GDP growth has literally incinerated (from what I predicted would be a 5% peak as the tariff taxes were launched), and this dollar versus yen chart shows a massive bear wedge pattern in play.
  5. That bear wedge is ominous. It suggests giant bank FOREX traders believe something is about to go badly wrong with the US economy… more wrong than the horrific sub 1% GDP growth in play now!
  6. Trump’s initial platform of tax cuts, law and order, and deregulation was awesome. It created surging markets (both gold and stocks), a positive vibe for citizens, and solid GDP growth.
  7. That platform has been replaced with macabre QE and negative rates worship, turning a blind eye to a skyrocketing deficit, and a crazed attempt to boost growth with tariff taxes… and it’s all happening as the world de-dollarizes at an ever-faster rate.
  8. Stagflation is emerging, and some economists are forecasting that in 2020 corporate earnings and revenue growth will both come in at the sub 3% marker. Debt would surge in that scenario.
  9. While the economy wallows in a tariff tax and debt quagmire, stock market investors have been repeatedly saved by the Fed.
  10. Top earners pay 50% capital gains tax, which arguably makes the government the main beneficiary of upside stock market action. This is, quite frankly, insane.
  11. The alternative, a democrat administration, would be even worse news for most people with stakes in America.
  12. It’s unknown how Jay Powell would respond to a fresh hike in tariffs in December. He might cut rates and do more “QE that is not QE”, but what if he doesn’t?
  13. Please click here now . Double-click to enlarge. The bottom line is that it doesn’t look good for America and most of the West, and that’s why there’s a massive launch pad pattern in play on the weekly gold chart.
  14. I’ve dubbed that pattern as “Michelangelo”, because it’s so enormous and technically aesthetic.
  15. My base scenario for 2020 is that the US economy muddles along, Trump doesn’t launch any more significant tariff taxes, and the Fed is likely to step in and keep the stock market boats afloat if they start sinking again.
  16. My base scenario sees gold and related items again outperform all other major asset classes in 2020, but with the bull wedge pattern on the weekly chart becoming more of a gentle reactive drift.

  17. I give that scenario 70% odds, leaving a 30% chance that in three weeks Trump hikes tariffs, Powell does nothing, the stock market crashes, and gold stages a vertical blast towards $1900.
  18. In that more dire scenario, there would be a breakout from the bull wedge, and gold would stun most investors with the intensity of its upside price action.
  19. Whichever scenario prevails, gold and related assets are the most important place to be invested, for maximum upside action.
  20. Please click here now . Double-click to enlarge. In the short-term, I’m looking for gold to stage a double bottoming event, and that could mark the end of the current reaction.
  21. What happens with tariff taxes in the next three weeks will likely determine whether gold moves down to significant support at $1397 and bottoms there, or bottoms at current $1465 support.
  22. A move above $1566 for bullion is probably the biggest game changer for gold and silver stocks since the 1970s. It turns many miners into cash cows and probably unleashes a frenzy of stock buybacks and takeovers.
  23. Please click here now . Double-click to enlarge. The weekly gold bullion chart is aesthetic, but so is this short-term GDX chart. A bull wedge pattern is in play and a breakout seems imminent. The reaction has been orderly, and now there’s a buy signal in play on my 14,7,7 series Stochastics oscillator.
  24. Please click here now . Double-click to enlarge. A breakout from the bull wedge on the GDX daily chart likely drives a breakout over $30 on the weekly chart. That opens the door to a mighty surge into my $52 target zone!



Nov 19, 2019
Stewart Thomson
Graceland Updates
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The Daily Sentiment Suggests a Major Market Top is Near

The Daily Sentiment Suggests a Major Market Top is Near


Bob Moriarty

Nov 19, 2019

As of November 18th, sentiment for The S&P futures and the Nasdaq Index is approaching nosebleed territory. The infusion of hundreds of billions of dollars on the Fed’s balance sheet since Mid-September has pumped the stock market higher in response. But no matter how big the balloon, if you keep puffing it up, sooner or later it is going to blow. The DSI at 90 for the S&P and 91 for the Nasdaq Index suggests a top is coming soon. Not today but soon.

In addition, the sentiment indicator for the VIX is nearly at a record low at a reading of 10 saying investors show little fear. When the DSI for the stock market indexes is high and for the VIX is low the fireworks are about to begin.

At the very least we should have a correction. If the stock market bubble bursts, life is about to get very interesting. Combined with sheer panic on the part of the Federal Reserve, caution on the part of investors is probably a good idea.

Israel Made the Attack on the Saudi Oil Fields

Bob Moriarty

Sep 16, 2019

As any fan of detective books or shows knows well, when you observe a crime you must first ask yourself, “Who benefits.” The Latin is Cui Bono Literally to whom is it a benefit?

On Saturday September 14th someone fired missiles or sent armed drones against Saudi oil facilities reducing world oil production by 5% and Saudi production by 50%. The beleaguered Houthis group at war by Saudi Arabia in Yemen quickly claimed credit for the attack.

While the Houthis have used armed drones in attack mode previously against the Saudi’s, those flights were bee stings compared to the sophistication and breadth of success in the latest attack.

The BBC calls the latest events “a different order of magnitude altogether.” There were seventeen different points of impact on the Abqaiq facility. What ragtag poorly armed enemy could possibly conduct such as remarkably complex attack?

Since the recent long past sell-by date demise of John Bolton, Donald Trump’s current attack Chihuahua, Mike Pompeo, promptly insisted Iran was behind the attack.

But how does Iran benefit by starting World War III? Are they so fucking stupid that they would wave a red flag in front of the nuclear armed US, nuclear armed Israel and Saudi Arabia run by a snow flake who thinks cold blooded murder is just about right when his feelings are hurt.

Israel has been threatening Iran with destruction since at least 1982 with the publication of the Yinon Plan. The document is remarkable in its candor for the Zionist plan for the destruction of the Middle East. “Every kind of inter-Arab confrontation would prove to be advantageous to Israel at least in the short term,” Yinon suggested.

Anyone believing the latest false flag operation of Israel is not designed to stir up conflict in the Middle East between Arab neighbors either cannot read or cannot think. This threat has been in print for the world to read for thirty-seven years.

For those who didn’t get it at first glance, the mostly dual national Neocons wrote a position paper for Benjamin Netanyahu in 1996 by Richard Perle called the "Clean Break."

The coldblooded nature of the document can only be appreciated in hindsight by recalling recent historical events causing the deaths of millions of innocents and the largest refugee problem since the end of WW II by the evil actions of Israel advocating for a state of constant conflict.

Rather than pursuing a ‘comprehensive peace’ with the entire Arab world, Israel should work jointly with Jordan and Turkey to "contain, destabilize, and roll-back" those entities that are threats to all three.”

Israel managed to con the US into expending the blood of their children and gold from their treasury for the best part of nineteen years conducting a “roll-back.” All for the benefit of Israel.

Not yet satisfied with the cold-blooded nature of their plans, the Neocons issued another position paper prior to the events of 911 they called “Rebuilding America’s Defenses.”

By this time the same mostly dual national Zionists called their conservative think tank, The Project for the New American Century. If anyone realized that the organization probably should have come under Truth in Advertising laws, the think tank would have more accurately been referred to as The Project for the New Israeli Century because it had nothing to do with America and everything to do with Israel.

In yet another remarkably blood drenched comment, the author stated, “Further, the process of transformation, even if it brings revolutionary change, is likely to be a long one, absent some catastrophic and catalyzing event – like a new Pearl Harbor.”

Remember the attack on Pearl Harbor in December of 1941? That was the surprise attack on the Naval Base in Hawaii that was no surprise at all and resulted in the deaths of almost 3,000 American servicemen and dragged the US into World War II.

So would it be accurate to suggest that 911 was the “catastrophic and catalyzing event” the PNIC group so desperately desired to take place?

After all, at the very least Israel knew all about it. They sent a team of Mossad spies “to document the event.” Again, almost 3,000 Americans died as a series of military adventures began that would bankrupt the US and cause the deaths of millions in the Middle East.

But in my three score and thirteen years I have learned that the simplest answer is almost certainly the most accurate answer. Israel does not need to convince the US to destroy Iran on their behalf. The US has been in an undeclared state of war against Iran for decades. All for the benefit of Israel.

There is a better and less complex answer. That has to do with an election on September 17th, 2019. If Benjamin Netanyahu wins another term in office he can stay out of jail for corruption a little longer.

Would Netanyahu stoop to front running an election by ordering the IDF to conduct a missile/drone attack on his good friends in Saudi Arabia that could easily ignite Armageddon?

Sure. Why not? It’s Americans and Iranians who would die. He doesn’t give a rat’s ass about them. Especially if it keeps him out of jail a little longer.

Actually pulling the pin on nuclear hand grenades would be especially stupid. But he doesn’t care.


Bob Moriarty
President: 321gold

321gold Ltd



Bob Moriarty’s Stunning Prediction of a Global Battle to Replace Fiat Money




by  | Mar 7, 2019 | Personal Finance

Revolution is ugly and messy, but it’s sometimes necessary when tyranny exists. Tyranny can take many forms, including economic tyranny, which is manifested through the monetary supply in today’s world. Getting back to the gold standard would require nothing less than a revolution, and one widely-regarded commentator is predicting that we’ll see a revolt on a global scale.

Wealth Research Group actually had the chance to speak with this daring individual, who happens to be none other than Mr. Bob Moriarty. He is the owner and publisher of the precious metal information and analysis portal, as well as, which covers the oil, gasoline, coal, natural gas, solar, wind, and nuclear energy markets.

Known far and wide as a true patriot and world-class aviator, Bob Moriarty had ferried general aviation aircraft all over the world for 15 years, including more than 240 over-the-water deliveries. Mr. Moriarty holds 14 International Aviation records, including Charles Lindbergh’s record for time between New York and Paris in two different categories.

Additionally, Robert Moriarty is a decorated United States Marine F-4B and O-1 pilot with over 832 missions in Vietnam. He became a pilot at the age of 20 and a Captain in the Marines at age 22, and Mr. Bob Moriarty remains one of the most highly-decorated pilots in U.S. history today.

Courtesy of Bob Moriarty

A truly multi-talented man, Robert Moriarty is also known as an early adopter and pioneer in the Internet, as Bob and his wife Barbara began an online computer business back in 1996. In the early 2000s, Bob and Barbara started, one of the first Websites devoted to teaching people about investing in precious metal stocks.

Active as ever, Bob and Barbara Moriarty still operate and, and up to 100,000 people per day visit these Websites. Mr. Moriarty continues to travel to dozens of mining projects every year and then writes about them.

Among many other important topics he discussed with Wealth Research Group, Bob Moriarty explained that despite the behavior of the central banks, there is a finite limit to how much governments can spend. The fact of the matter is that everything a government spends must be paid for through taxes, inflation, or default.

When America went off the gold standard in 1933 for individuals and 1971 for governments, according to Bob Moriarty, we lost control of the monetary supply. Even though gold is a very good form of money, governments hate it because they can’t print it.

Courtesy of Bob Moriarty

In other words, according to Robert Moriarty, gold forces governments to live within their means – and living within our means is exactly what we need to start doing again. With the deficit expected to reach $2.3 trillion this year, there is absolutely no way for the U.S. Government to fund all the spending they’re planning.

Here’s another startling statistic: the United States spends more on defense than the next 16 countries combined, and 15 of them are U.S. allies. It’s a symptom of government spending that’s out of control, according to Bob Moriarty, and it’s not going to turn out well.

What’s the solution? Mr. Moriarty has a simple one: go back to the gold standard. He’s not proposing this as a gold bug, but just because gold happens to be an excellent form of money. It’s not that Bob Moriarty expects the government to do the right thing; in actuality, governments consistently do the wrong thing, and financial matters are no exception.

Robert Moriarty’s conclusion is unequivocal: there will be a revolution, and it will be worldwide. Citizens around the world are angry, and they demand change. Change is good, but it will be done at gunpoint; the governments will fight against it tooth and nail, and the governments will lose. In the end, we’ll go back to a gold standard – not because we want it, but because we have to.

Courtesy of Bob Moriarty

It’s a riveting presentation from beginning to end, so don’t miss out on Wealth Research Group’s exclusive interview with Mr. Bob Moriarty. You’re also invited to tap into Robert Moriarty’s insights and knowledge base through his two popular Websites, and

Mr. Moriarty’s long and illustrious career in multiple fields is the stuff of legends. Now there’s a highly-detailed and informative special report profiling Bob Moriarty’s most important career moments, predictions, accomplishments, and highlights, which you can download right here today.

Best Regards,

Lior Gantz

Platinum vs. Palladium – What you need to know about the demand and price analysis



Chris Vermeulen
Posted Mar 3, 2019

The continued rally in Palladium has prompted speculation that Platinum, Gold, and Silver will follow this trend upwards with renewed buying pressure. The one thing that many people are not considering is that Palladium is an industrial use component for many manufacturing sectors – specifically the automotive sector. As traders, we must understand that a rise in global demand for autos will increase the global demand for Palladium goes beyond traditional safe-haven demands for other metals like Platinum, Gold, and Silver.

The one key aspect of the Palladium demand cycle that we feel is critical is the increase in global demand for new cars and trucks as well as the continued global push to reduce carbon emissions and pollution.

The graph, below, illustrates the dramatically increased demand throughout much of the developed nations of the world. From 2003 to 2015, US demand for autos rose by more than 330% - from about 2.3 million units to over 6.5 million units. Over that same period, demand for autos in Asia more than doubled from 10 million units to nearly 26 million units annually. Within this data, we can see that US and Asian demand has continued to increase from the low 2008~09 levels. We believe this is the real reason Palladium rocketed higher over the past ten years.

(Click on images to enlarge)


The reality is that Palladium is used in many common and essential every-day components of our lives. We already know that Palladium is used heavily within the Automotive and transportation sectors, but did you know it is also extensively used in these following sectors?

_ Catalytic Converters For Automobiles
_ Synthetic Biology Catalyst
_ Hydrogen Storage
_ Jewelry
_ Electronics
_ Long Lasting Photograph
_ Dentistry
_ Blood Sugar Test Strips
_ Surgical Instruments
_ Carbon Monoxide Detectors

When we stop to consider how many every-day components of our lives include some type of, demand for and use of a product that is likely to include Palladium and with world population growing it makes logical sense to see this growth. Pretty much every key aspect of our lives involves something that includes Palladium as a core element.

Therefore, we must understand that Palladium is a component of manufacturing that is included in much of the automobile, technology, medical services/components, jewelry, and daily use products of nearly all the developed nations.

Steady Technology Growth = Palladium Demand

One of the biggest drivers of increased demand for Palladium has been the increased demand for technology of all types throughout the US, Asia/China and Europe. Over the past 10+ years, the demand for tablets, touch-screen devices, advanced technology and much more has driven a huge demand for Palladium vs. other metals.


The Technical Analysis Price Outlook

As a technical analyst, I focus mainly on the price charts to know where price is most likely to move next. But, knowing and understanding the fundamentals can significantly help in determining the type of price movement I should expect when price reverses.

Both Palladium and Platinum have VERY different looking chart patterns and this comparison between the two I think paints a clear image of what is likely to happen next based on my analysis.

The monthly Palladium chart below shows repeated blow off topping formations which also match Fibonacci price targets and pullback levels. The price pattern and Fibonacci targets are two of my most used analysis types for trading.

There is no doubt money had been flowing into Palladium, and it has all the attention with traders/investors in what I feel is a silent bull market. But, the price is now reaching a Fibonacci price target and near vertical move up, and that to me screams PULLBACK.

Now take a look the monthly chart for Platinum in the same time frame. There had been a lack of interest in this safe-haven metal and price had faded back down to a long term support zone.

This to me could be the next shining metal and could take the spotlight or have a silent bull market most never notice. It just may outperform gold, silver, and palladium in 2019.


In short, what is hot now will eventually be replaced with the next best opportunity for investors to place their money for continued growth like in Platinum.

Based on the growing demand/need for palladium I only see a somewhat minor pullback/correction in price this year before it possibly continues higher. But, keep in mind, if/when a bear market comes in stocks and we have an economic downturn expect all metals to correct in a big way.

To quickly touch on gold, silver, and miners, I have a different outlook on how to trade those. I also specialize trading momentum stocks and leveraged ETS which I recently closed out winners with 30%, 17.7%, 13%, and 10.5% so be sure to visit my trade alert website for more details.


Chris Vermeulen

Disclaimer: This material should not be considered investment advice. Technical Traders Ltd. and its staff are not registered investment advisors. Under no circumstances should any content from this website, articles, videos, seminars or emails from Technical Traders Ltd. or its affiliates be used or interpreted as a recommendation to buy or sell any type of security or commodity contract. Our advice is not tailored to the needs of any subscriber we advise that you talk with your investment advisor before making trading decisions. This information is for educational purposes only.

321gold Ltd

Silver and Gold Bottom Soon

  Bob Moriarty December 4, 2017 Silver and gold have hit a new low for the year during December in each of the last five years. They are on track for repeating their journey this year if we are to believe sentiment matters. And I do. Two measures allow us to gauge sentiment. My favorite is the DSI or Daily Sentiment Index put out by Jake Bernstein. It’s more valuable than cheap. One good trade would more than pay for six month’s service. If you want to see how accurate is it, on December 17th of 2015, the day of the low in gold, it was 8, the low for the year. On December 15th of 2016, the day of the low in gold, it showed a value of 4, also a low for the year. For silver in December of 2015 the DSI indicated a value of 8 also on the 17th of the … Continue reading

Time for a Correction in Gold

Bob Moriarty Archives Feb 12, 2016 Gold and the gold indexes have been on a tear since January 19th. The XAI is up 57% in 21 trading days. The HUI is up a blistering 64% and gold went from $1100 to touch $1263 today. Nothing goes straight up forever and the healthiest thing for gold and shares right now would be a decent correction. The bull has just started but for the market to go down and shed 50% of the gain of the last three weeks would be perfectly normal. Then things will get really interesting.   … Continue reading

There’s Something Worse than Having a “Losing Position”

Editors Note from Dudley Pierce Baker This is a great article written by David Smith over at The Morgan Report and appearing on 321Gold. All of us can learn from this read. When finished, visit us at for alternative ideas and approaches to making money. _____________________________________________________________________________________________________     David H. Smith Posted Jan 28, 2016 There’s something worse than giving up at the bottom… There’s something worse than watching prices fall as you continue to add on the way down… It’s giving up “three feet from gold,” when if you had just stuck it out a bit longer, things might have turned your way. This tendency is part and parcel of human nature, and its effect is not to be underestimated. Way back in 1938, Napoleon Hill wrote about it in the classic book, Think and Grow Rich. Consider what his research uncovered. Said he: More than five hundred … Continue reading

Bob Moriarty | Recent Articles & Market Comments

dudtwitterAugust 4, 2015
Dudley Pierce Baker

Bob Moriarty of 321Gold is a straight shooter, meaning he says what he thinks and doesn’t give a crap if you don’t like it. Sounds to me sorta like Donald Trump……

I’ve visited with Bob on numerous occasions and I’ve been on the same mine tour and he is always the same, i.e., direct and to the point, no b.s. You either like this guy or hate him, just depends on the day. bob

Even on a bad market day in the metals Bob is a bull and I for the most part agreement with him that we have or will soon have a bottom in place and be smiling again with plus signs in our portfolios.

Bob has several articles posted in the last few days and I thought it would be a good idea to share with my readers in case you have not seen them.

A Tradable Low in Commodies
Why you should ignore all Gold Gurus including me
Gold and the Full Moon
Capitulation in Gold