December 17, 2017
Socrates Next Phase Release January 2, 2018
Gold and the Dow Jones
NY Gold Nearest Futures
We have not seen THE low in Gold yet and I continue to keep my eyes wide open for any downside in Gold.
On Thursday December 14th Gold failed to take out $1,260.00 but, it held $1,250.00 on the downside.
We are encountering resistance so and caution remains the operative word. We have to continue to pay close attention this month.
Dow Jones Industrials Index Cash
On Wednesday December 14th Dow 5-day winning streak ended when it closed at 24,508.66 after it broke out to new highs and on Friday December 15th when it closed at 24,651.74. All three main U.S. stock-market benchmarks closed at records and booked weekly gains, as investor expectations grew for passage of Republican-backed tax-cut legislation.
The US remains head and shoulders above its next competitor. However, from here on in volumes will dry up for the Christmas season when many of you, as will I, will be writing Christmas cards. While the Dow continues its upward Trend and the money making continues to be good, I will continue to trade.
The smart money keeps on moving into US stocks and this week, we and our Paid-for subscribers, did very well trading and going long the Dow, S&P and the Nasdaq.
Whereas; there is still a Trend change this month ahead in the Dow we still must be careful with our trades.
Points to Ponder
I look forward to attending the first Trading Seminar in Tampa, Florida.
- December 14, 2017 – CNN has proven to be totally biased against Trump and are looking to overthrow the US government.
This is a sad state of affairs with worldwide implications.
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Nick L. Nicolaas
Direct: +1 (604) 657-4058
Nick L. Nicolaas; Mining Interactive Corp. and its Associates (collectively referred to as NLN) are not registered advisers and do not give investment advice. NLN’s trading comments are an expression of opinion only. NLN may have an investment in some of the companies or trading instruments NLN mentions or writes about, nothing should be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity or any other financial instrument at any time. While NLN believes all statements to be true, they always depend on the reliability of NLN’s sources. NLN recommends that you consult a qualified investment adviser, one licensed by the appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions and NLN urges you to confirm the facts on your own regarding any trades or companies NLN mentions before making important investment commitments. The “Stock and Private Placement” alerts written and distributed by NLN do not, and cannot, constitute a recommendation to buy or sell any security.
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The material in the “Trading Based on Martin Armstrong Socrates Alerts” and the “Stock and Private Placement” alert letter published by Nick L. Nicolaas is for informational purposes only and is not intended to and does not constitute the rendering of investment advice or the solicitation of an offer to buy securities. The “Trading Based on Socrates” and the “Stock and Private Placement” alert discussion contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The Act). In particular when used in the preceding discussion the words “plan,” confident that, believe, scheduled, expect, or intend to, and similar conditional expressions are intended to identify forward-looking statements subject to the safe harbor created by the ACT. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward looking statements. Such risks and uncertainties include, but are not limited to future events and financial performance of the company which are inherently uncertain and actual events and / or results may differ materially. In addition we may review investments that are not registered in the U.S. We cannot attest to nor certify the correctness of any information in this note. NLN owns shares in Meadow Bay Gold Corporation, Ashanti Gold Corp; Klondike Silver Corp; Organic Garage; Northern Dynasty Mines; Exeter; Arrowstar Resources and Klondex Mines. Please consult your financial adviser and perform your own due diligence before considering any companies mentioned in this informational bulletin.