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Lorimer Wilson is the editor of  www.munKNEE.com (Your Key to Making Money!) which provides edited excerpts of the internet's most informative articles for the sake of brevity and clarity to ensure a fast and easy read.

He is a frequent ... more

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5 Marijuana Stocks With Gross Margins Well Above Their Industry Peers
Identifying companies with high gross margins in the young marijuana industry is important because operating costs are likely to decrease as the industry matures leaving these companies with high earnings potential. Here are the top 5 such companies.
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Looking For Value? These 5 Stocks Have Very Low Price-To-Intrinsic-Value Multiples
SmallCapPower has identified five Canadian small caps that are trading below their intrinsic value, per the Star Mine price/intrinsic value country rank model, with 100 representing the best possible value and 1 representing the worst.
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E Ecoark Remains Focused On Delivering Long-Term Shareholder Value
The company currently has three wholly-owned subsidiaries: Zest Labs, Pioneer Products and Magnolia Solar.
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The Four Most Profitable Canadian Small Cap Pharma Companies
Investing in pharmaceutical companies can be risky so why not invest in the companies that have proven to be profitable? SmallCap Power has identified the four most profitably Canadian small cap pharma stocks with the best Return on Equity.
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These 5 TSX Oil Stocks Are Trading Well Below Their Intrinsic Value
If you are a long-term investor with the view that OPEC’s production cuts will eventually satisfy the market, it is worthwhile to look at these five TSX oil stocks and related companies as they are all trading well below their intrinsic value.
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Gold Measurements: What Do The Terms “Karat” & “Troy Ounce” Actually Mean?
What's the difference between 1 troy ounce of gold and 1 (regular) ounce? What's the difference between 18 and 10 karat gold? What's the difference between a .75 and a 1.0 carat diamond? Let me explain.
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Comments

Latest Comments
Ethereum Correcting. Until Which Price Level Is It Bullish?
1 day ago

Ethereum was trading at $91 just 6 weeks ago up 10,000% from 16 months earlier according to an article by Wolf Richter (www.munknee.com/ethereum-cryptocurrency-up-10000-in-16-months-these-3-charts-depict-the-financial-miracles-of-our-crazy-times/). Today it is trading at $265, up an additional 191% albeit down from a peak near $400 earlier this month of June.

Taki believes that "if the price of Ethereum continues to fall... it is truly imperative that 150 USD holds, as that is the support area of the bull trend."

Surely it won't fall that low. What do you think?

Weekly Gold Forecast - Monday, June 26
2 days ago

Alf, I notice that you wrote your article an hour before gold plummeted and note your insightful comment that " if prices break down below the 1249/7 area, I think the market will revisit 1240/39, the top of the weekly cloud. Closing below the 1239 level would be negative sign and open a path to 1232/0." Here's an update on the gold plunge today and what other authors have been saying about the future price movement in gold as they see it: Gold dropped through its 200-day moving average of $1241 this Monday morning >dropping almost $11 in one swell swoop at 3:55AM >hitting a low of $1,239.01 at 8:20AM >before bouncing up to $1,245.81 mid-morning >before beginning to decline once again (down to $1,244.33 at mid-day). Interestingly, 1. AG Thorson contends in a TalkMarkets article (www.talkmarkets.com/.../metals-and-miners-are-bouncing) that: >A breakout in the dollar should lead to a 1-3 month rally. Precious Metals and Miners are expected to descend into their 6-Months lows as this occurs... >Prices could rally a bit more, but the bounce should finish next week. Once complete, we should see a breakdown below the intermediate trendline. >A rally above $1,300 would invalidate our forecast for a 6-Month low." 2. Mark Baillie comments in his TalkMarkets article (www.talkmarkets.com/.../gold-docks-in-its-box) that: >"Week-after week, we've gone on ad nausea about Gold's "1240-1280 resistance zone... >'Course, the prior week, Gold only barely breached the upside 1280 boundary before again falling back. >Perhaps we ought forget "support" and "resistance" and simply go with the "1240-1280 box" and leaves it at that. 3. Jordan Roy-Byrne in a TalkMarkets article (www.talkmarkets.com/.../gold--gold-stocks-nearing-a-big-move) says: >"Gold needs to break $1300 and GDX needs to retest $25 again... >Until the Gold sector can attain those marks then the bias for the next big move...should remain to the downside. That is why we remain cautious." 4. Hubert Moolman agrees illustrating that fact in a graph in an article (www.munknee.com/gold-chart-says-a-massive-move-up-or-down-is-imminent/) that shows that: ">Gold is currently trading near a critical 6-year resistance line that the gold price has to overcome, for the continuation of the gold bull market. >Since price has now failed more than four times at the line, there is a great chance that we could see a big drop. >If the price is to turn around and break through the resistance line, then a great amount of energy is required to fuel such a move – and that can only come from a collapse of a big market like the general stock market, or the bond market. >When gold breaks through the resistance line, however, we will see a gold rally like that of 1979/1980." Moolman also maintains in the same article that "there is a peculiar fractal that suggests the current situation for gold is very similar to that of May 1979, just before the massive rise in gold" illustrating that possibility/likelihood in a long-term gold chart which is self-explanatory. 5. Sean Brodrick looks at it slightly differently but comes to the same conclusion, more or less, saying in www.munknee.com/this-could-be-the-most-important-gold-pullback-ever-to-consider-buying-into-heres-why/ that >"if gold breaks its 200 day support (at $1,241)…THAT would be a heck of a buying opportunity. >IF we break support...then you should buy gold and miners with both hands because that will likely mark the beginning of the next Mega Bull trend. > The market won’t really turn bullish on gold again, however, until it pushes up through $1300." I'd like to hear from anyone who would like to expand on what Thorson, Mark, Jordan, Hubert or Sean have had to say. Is this a turning point? Is gold about to plummet further to its 6-month low or is it the beginning of a new gold bull?

In this article: XAU
Gold Flash Crashes, “Jubilant” Germans, And Bank Bailouts
2 days ago

Here's an update on the gold plunge today and what other authors have been saying about the future price movement in gold:

Gold dropped through its 200-day moving average of $1241 this Monday morning >dropping almost $11 in one swell swoop at 3:55AM

>hitting a low of $1,239.01 at 8:20AM

>before bouncing up to $1,245.81 mid-morning

>before beginning to decline once again (down to $1,244.33 at mid-day).

Interestingly,

1. AG Thorson contends in a TalkMarkets article (www.talkmarkets.com/.../metals-and-miners-are-bouncing) that:

>A breakout in the dollar should lead to a 1-3 month rally. Precious Metals and Miners are expected to descend into their 6-Months lows as this occurs...

>Prices could rally a bit more, but the bounce should finish next week. Once complete, we should see a breakdown below the intermediate trendline.

>A rally above $1,300 would invalidate our forecast for a 6-Month low."

2. Mark Baillie comments in his TalkMarkets article (www.talkmarkets.com/.../gold-docks-in-its-box) that:

>"Week-after week, we've gone on ad nausea about Gold's "1240-1280 resistance zone...

>'Course, the prior week, Gold only barely breached the upside 1280 boundary before again falling back.

>Perhaps we ought forget "support" and "resistance" and simply go with the "1240-1280 box" and leaves it at that.

3. Jordan Roy-Byrne in a TalkMarkets article (www.talkmarkets.com/.../gold--gold-stocks-nearing-a-big-move) says:

>"Gold needs to break $1300 and GDX needs to retest $25 again...

>Until the Gold sector can attain those marks then the bias for the next big move...should remain to the downside. That is why we remain cautious."

4. Hubert Moolman agrees illustrating that fact in a graph in an article (www.munknee.com/gold-chart-says-a-massive-move-up-or-down-is-imminent/) that shows that:

">Gold is currently trading near a critical 6-year resistance line that the gold price has to overcome, for the continuation of the gold bull market.

>Since price has now failed more than four times at the line, there is a great chance that we could see a big drop.

>If the price is to turn around and break through the resistance line, then a great amount of energy is required to fuel such a move – and that can only come from a collapse of a big market like the general stock market, or the bond market.

>When gold breaks through the resistance line, however, we will see a gold rally like that of 1979/1980."

Moolman also maintains in the same article that "there is a peculiar fractal that suggests the current situation for gold is very similar to that of May 1979, just before the massive rise in gold" illustrating that possibility/likelihood in a long-term gold chart which is self-explanatory.

5. Sean Brodrick looks at it slightly differently but comes to the same conclusion, more or less, saying in www.munknee.com/this-could-be-the-most-important-gold-pullback-ever-to-consider-buying-into-heres-why/ that

>"if gold breaks its 200 day support (at $1,241)…THAT would be a heck of a buying opportunity.

>IF we break support...then you should buy gold and miners with both hands because that will likely mark the beginning of the next Mega Bull trend.

> The market won’t really turn bullish on gold again, however, until it pushes up through $1300."

I'd like to hear from anyone who would like to expand on what Thorson, Mark, Jordan, Hubert or Sean have had to say.

Is this a turning point? Is gold about to plummet further to its 6-month low or the beginning of a new gold bull?

Metals And Miners Are Bouncing
2 days ago

AG, you seem to be reading things very well.

Here's an update:

Gold dropped through its 200-day moving average of $1241 this Monday morning >dropping almost $11 in one swell swoop at 3:55AM

>hitting a low of $1,239.01 at 8:20AM

>before bouncing up to $1,245.81 mid-morning

>before beginning to decline once again (currently down to $1,243.59).

We may well be on our way to that 6-month low that you forecast.

In this article: , DUST, GDX, GDXJ, JDST, SLV, SPY
Gold Docks In Its Box
2 days ago

Hey Mark, your "box" for gold remains intact in spite of temporarily dropping out of the box this AM. Here's an update:

Gold dropped through its 200-day moving average of $1241 this Monday morning >dropping almost $11 in one swell swoop at 3:55AM

>hitting a low of $1,239.01 at 8:20AM

>before bouncing up to $1,245.81 mid-morning

>before beginning to decline once again (currently down to $1,243.59).

Let's hope it reverses course to the top of the box and beyond.

Gold & Gold Stocks Nearing A Big Move
2 days ago

Gold dropped through its 200-day moving average of $1241 this Monday morning >dropping almost $11 in one swell swoop at 3:55AM

>hitting a low of $1,239.01 at 8:20AM

>before bouncing up to $1,245.81 mid-morning

>before beginning to decline once again (currently down to $1,243.59).

I can see why Jordan remains cautious.

In this article: GDX
Metals And Miners Are Bouncing
3 days ago

Thorson contends that:

>A breakout in the dollar should lead to a 1-3 month rally. Precious Metals and Miners are expected to descend into their 6-Months lows as this occurs...

>Prices could rally a bit more, but the bounce should finish next week. Once complete, we should see a breakdown below the intermediate trendline.

>A rally above $1,300 would invalidate our forecast for a 6-Month low."

Mark Baillie comments in his TalkMarkets article (www.talkmarkets.com/.../gold-docks-in-its-box) that:

>"Week-after week, we've gone on ad nausea about Gold's "1240-1280 resistance zone...

>'Course, the prior week, Gold only barely breached the upside 1280 boundary before again falling back.

>Perhaps we ought forget "support" and "resistance" and simply go with the "1240-1280 box" and leaves it at that.

For more indepth analyses of the current situation for gold check out the following 3 articles:

1. Jordan Roy-Byrne in a TalkMarkets article (www.talkmarkets.com/.../gold--gold-stocks-nearing-a-big-move) says:

>"Gold needs to break $1300 and GDX needs to retest $25 again...

>Until the Gold sector can attain those marks then the bias for the next big move...should remain to the downside. That is why we remain cautious."

2. Hubert Moolman agrees illustrating that fact in a graph in an article (www.munknee.com/gold-chart-says-a-massive-move-up-or-down-is-imminent/) that shows that:

">Gold is currently trading near a critical 6-year resistance line that the gold price has to overcome, for the continuation of the gold bull market.

>Since price has now failed more than four times at the line, there is a great chance that we could see a big drop.

>If the price is to turn around and break through the resistance line, then a great amount of energy is required to fuel such a move – and that can only come from a collapse of a big market like the general stock market, or the bond market.

>When gold breaks through the resistance line, however, we will see a gold rally like that of 1979/1980."

Moolman also maintains in the same article that "there is a peculiar fractal that suggests the current situation for gold is very similar to that of May 1979, just before the massive rise in gold" illustrating that possibility/likelihood in a long-term gold chart which is self-explanatory.

3. Sean Brodrick looks at it slightly differently but comes to the same conclusion, more or less, saying in www.munknee.com/this-could-be-the-most-important-gold-pullback-ever-to-consider-buying-into-heres-why/ that

>"if gold breaks its 200 day support (at $1,241)…THAT would be a heck of a buying opportunity.

>IF we break support...then you should buy gold and miners with both hands because that will likely mark the beginning of the next Mega Bull trend.

> The market won’t really turn bullish on gold again, however, until it pushes up through $1300."

Anyone taking issue with what Thorson, Mark, Jordan, Hubert or Sean have had to say? If so, I'd like to hear from you.

In this article: , DUST, GDX, GDXJ, JDST, SLV, SPY
Gold Docks In Its Box
3 days ago

Mark comments that"

>"Week-after week, we've gone on ad nausea about Gold's "1240-1280 resistance zone...

>'Course, the prior week, Gold only barely breached the upside 1280 boundary before again falling back.

"Perhaps we ought forget "support" and "resistance" and simply go with the "1240-1280 box" and leaves it at that.

For more indepth analyses of the current situation for gold check out the following 3 articles:

1. Jordan Roy-Byrne in a TalkMarkets article (www.talkmarkets.com/.../gold--gold-stocks-nearing-a-big-move) says:

>"Gold needs to break $1300 and GDX needs to retest $25 again...

>Until the Gold sector can attain those marks then the bias for the next big move...should remain to the downside. That is why we remain cautious."

2. Hubert Moolman agrees illustrating that fact in a graph in an article (www.munknee.com/gold-chart-says-a-massive-move-up-or-down-is-imminent/) that shows that:

">Gold is currently trading near a critical 6-year resistance line that the gold price has to overcome, for the continuation of the gold bull market.

>Since price has now failed more than four times at the line, there is a great chance that we could see a big drop.

>If the price is to turn around and break through the resistance line, then a great amount of energy is required to fuel such a move – and that can only come from a collapse of a big market like the general stock market, or the bond market.

>When gold breaks through the resistance line, however, we will see a gold rally like that of 1979/1980."

Moolman also maintains in the same article that "there is a peculiar fractal that suggests the current situation for gold is very similar to that of May 1979, just before the massive rise in gold" illustrating that possibility/likelihood in a long-term gold chart which is self-explanatory.

3. Sean Brodrick looks at it slightly differently but comes to the same conclusion, more or less, saying in www.munknee.com/this-could-be-the-most-important-gold-pullback-ever-to-consider-buying-into-heres-why/ that

>"if gold breaks its 200 day support (at $1,241)…THAT would be a heck of a buying opportunity.

>IF we break support...then you should buy gold and miners with both hands because that will likely mark the beginning of the next Mega Bull trend.

> The market won’t really turn bullish on gold again, however, until it pushes up through $1300."

Anyone taking issue with what Mark, Jordan, Hubert or Sean have had to say? If so, I'd like to hear from you.

Gold & Gold Stocks Nearing A Big Move
3 days ago

Jordan says "Gold needs to break $1300 and GDX needs to retest $25 again...Until the Gold sector can attain those marks then the bias for the next big move...should remain to the downside. That is why we remain cautious."

Hubert Moolman agrees illustrating that fact in a graph in an article (www.munknee.com/gold-chart-says-a-massive-move-up-or-down-is-imminent/) that shows that:

">Gold is currently trading near a critical 6-year resistance line that the gold price has to overcome, for the continuation of the gold bull market.

>Since price has now failed more than four times at the line, there is a great chance that we could see a big drop.

>If the price is to turn around and break through the resistance line, then a great amount of energy is required to fuel such a move – and that can only come from a collapse of a big market like the general stock market, or the bond market.

>•When gold breaks through the resistance line, however, we will see a gold rally like that of 1979/1980."

Moolman also maintains in the same article that "there is a peculiar fractal that suggests the current situation for gold is very similar to that of May 1979, just before the massive rise in gold" illustrating that possibility/likelihood in a long-term gold chart which is self-explanatory.

Sean Brodrick looks at it slightly differently but comes to the same conclusion, more or less, saying in www.munknee.com/this-could-be-the-most-important-gold-pullback-ever-to-consider-buying-into-heres-why/ that

>"if gold breaks its 200 day support (at $1,241)…THAT would be a heck of a buying opportunity.

>IF we break support...then you should buy gold and miners with both hands because that will likely mark the beginning of the next Mega Bull trend.

> The market won’t really turn bullish on gold again, however, until it pushes up through $1300."

Anyone taking issue with what Jordan, Hubert or Sean have had to say? If so, I'd like to hear from you.

In this article: GDX
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MSFT Microsoft Corporation
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RL Ralph Lauren Corporation
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RY Royal Bank of Canada
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Lorimer Wilson Commented on Ethereum Correcting. Until Which Price Level Is It Bullish?:

Ethereum was trading at $91 just 6 weeks ago up 10,000% from 16 months earlier according to an article by Wolf Richter (www.munknee.com/ethereum-cryptocurrency-up-10000-in-16-months-these-3-charts-depict-the-financial-miracles-of-our-crazy-times...

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Canada Hits Two Critical Warning Signs For A Financial Crisis https://t.co/dmj34uucnq #m...

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