Why gold stocks have super leverage to the gold price. AIA Weekly Report 7.20.24

You got rejected for the cc because you no longer have a w2 job. Access to credit changes when you retire. Good luck.

the whole administration are incompetent from the top right on down.

Great content as always John 👍

John now that you have more free time you might consider doing some pranayama yoga (breath control yoga) or maybe engage in therapy to go along with your new diet. It might help with your anger induced stress.

I don't have any tech or AI stocks ! I am in commodity ones only ! Uranium as well! Will it perform better than anything else?

I believe oil with no capex and oil company cash flow are good investments LT. fyi I liquidated all my oil recently, because for 9 + months oil will drift down.

I got in Lucent late and road it into the ground😢. Lost all my seed corn.

Excellent report as always

I will take 3k of gold this year!!

And after witnessing the insanity, experiencing it first hand over the course of the last 3 decades, we’re forced to endure the constant condemnation and lecturing from these so called “winners”.

It’s not the fall of western civilization. Rather, it’s the collapse of the division of labor, the primordial ooze is up to our knees here.

I worked with tons of incompetent people. I left my job because of it!

She should be kicked off if she doesn't do her job. I believe they were told not to do anything!

Lindsey is loser! He wants to fight he needs to go and do it!

Thanks John.

"The whole world" = NATO countries only. Maybe 15% of the world.

The blue states will fall in the pit they dug for everyone else.

875 baby!!!

"ex brother-in-law is a schlubb" 😂 I nearly lost it. love this podcast thanks.

The trump event was staged. Trump is in on it. The whole thing was acted out and planned for the perfect photo op! And btw, he didn't release the JFK files the first time around, why would he now? 😂😂 John, don't drink the kool aide! Remember, trump and epstein were friends. Trump IS their guy, always has been.

John why not show the chart of credit delinquencies for all banks instead of the cherry picked one excluding the 100 largest banks?

Freakin insane the AI valuation compared to tech in 2000 vs. the overall market. Thought we would never see this again. But then again, US investors love manias.

Hey John. You have cultivated your mind to incredible levels, but I think that you should take care of your body as well, since we only have one in our lives. Good diet and sport, that’s the key for feeling great. I hope that you don’t take this badly.

Gold producers should have a delta of > $1000/ounce for Q2.

Good diet and walking go a long way John.

What I don't get about the whole "the Dems tried to have Trump assassinated" theory is... why would they do it?
What do they gain from it?

It's not about stopping the Republicans winning!
If that mattered to them then sure they would address the low hanging fruit of replacing their candidate with one that has control of his cognition...

I think the Dems want the Republicans to win.
Perhaps so that they themselves are not in the seat when the faeces hit the fan.
If they really wanted to win then Biden would have been replaced long ago.
There's nothing to gain having him as the candidate if winning is their goal

They’ll make Kamala president and Obama vice president…

Invest in the financial markets before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth..

I’m not one to get involved in conspiracy theories. But in the case of the assassination attempt on President Trump, I feel that so many things went so wrong, that it becomes very hard to ascribe them in total as incompetence or accidental. It therefore seems like this was planned, with involvement of the highest levels of the Secret Service and who know who else.

Long suffering gold stock bulls have been using that gold:hui chart for years to sucker people into investing in gold stocks.

Not saying that it won't finally happen, just pointing out the same message has been blasted year after year while gold stocks have performed poorly and failed to catch up.

There are many possible reasons for this including that most gold mining companies get caught up in the frenzy of higher gold prices and end up making very bad decisions such as massively over-paying for acquisitions.

Another thing to consider is that as the gold price rises due to inflation, so does the cost of production - and many gold stocks are terrible about managing costs.

Excellent, as always, Mr. Polomny.

NO rate cut before election . Same c;owns was saying 6 rate cuts .

Cheers John , Like a fine wine you get better with Time.

When I saw that slide for GOLD MINER FREE CASH FLOW SET TO EXPLODE.... It might have changed my entire thesis on oil.

Every time and I mean every time I've seen this over the last few decades something happens where it never quite materializes.... Oil shooting up and cutting into costs is one of the biggest reasons.

I don't see anything on the horizon that would cause oil to spike, quite the opposite actually, But past history tells me not to get optimistic on the gold price due to past conditioning. 😂

Always a like for these rants, taking your words to heart John

It must have been Citi bank that declined your card?

They declined you because they know you churned cards

It wasn't incompetence, it was allowed. Just like choosing not to punish criminals.

Question about the new credit card that you did not get. Was it just the rating or did retirement have an effect of not getting the card?

Trump has to go Milei or it really is over. ¡Afuera!

Interesting , I worked 40 miles South of you in Freeport , Tx. at a Chemical Plant and he's telling you the truth about the Operator's working in those Plant's !

I agree with John's opinion on P.M.'S Stocks to play catch up to the metals prices and the leverage on the Metals, but I take delivery of my stocks to prevent my Brokerage from lending them out to Short sellers , which is where they make their money and to stop from getting Royally screwed by my Brokerage !

I thought the same thing when i first seen the video of Trump's reaction to been shot.They made a living Martyr out of him

Great video. As a long term holder and trader we don’t care much about current price. As a trader looking to buy when oversold and sell when overbought, the weekly and 2 week charts are showing us we’re oversold and it’s a great time to buy more. Price on 2 wk bouncing off a rising 20 MA. Price on weekly chart is bouncing off a rising 40 Ma. The stochastic RSI on both charts is way oversold. Translation, great time to buy. Thx again for the different ways/ perspectives/ lenses to look at BTC’s potential. BTC is the ultimate disruptor.....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

Some great advice in this one John, thank you! 👍🏻💛

Incompetence? Come on John. You're smarter than that. You want it to be incompetence

Reality check!

Can you point me towards the credit card churning method please?

Where are the articles on what makes a good investor, I’m new to this side of things and want to learn