Eoin Treacy's view

A lnk to today's video commentary is posted in the Subscriber's Area. 

Some of the topics discussed include: Semiconductors Index surmounts 1400 again, Wall Street pauses, commodity producer currencies firming except Rand, Mid Caps turn back to outperformance in Europe and UK but not USA, India firm, China pauses, Bonds steady, gold steady.

Eoin Treacy's view

A link to the full report is posted in the Subscriber's Area. 

The rally that began on boxing Day continues to impress with the S&P500 now trading back above the psychological 2800-point level. This move has now broken the sequence of lower rally highs and increases scope for the Index to consolidate above the trend mean.

If banks own and possess gold bullion, they can use that asset as equity and thus this will enable them to print more money. It may be no coincidence that as March 29th has been approaching banks around the world have been buying huge amounts of physical gold and taking delivery. For the first time in 50 years, central banks bought over 640 tons of gold bars last year, almost twice as much as in 2017 and the highest level raised since 1971, when President Nixon closed the gold window and forced the world onto a floating rate 

And

The only way governments can manage the levels of debt that threaten the financial survival of the Western world is to inflate (debase) their currencies. The ability to count gold as a reserve from which banks can create monetary inflation is not only to allow gold to become a reserve on the balance sheet of banks but to have a much, much higher, gold price to build up equity in line with the massive debt in the system.

Eoin Treacy's view

The Federal Reserve values the gold certificates it holds from the Treasury at $42 an ounce which is the statutory gold price set in 1973. It is unlikely that any change to the way the Bank of International Settlements treats gold will alter that valuation.  

A fourth case of the porcine epidemic diarrhea (PED) virus has been confirmed in Alberta.

Alberta Pork announced the outbreak on Friday, March 15, saying this is the fifth reported case in the province, however one of the reported cases turned out to be a false positive.

The virus has previously been found in Ontario, Manitoba, Quebec and PEI, but was reported for the first time in Alberta back in January.

Earlier this year, Alberta Pork Executive Director, Darcy Fitzgerald, said the disease made its way into the United States from Asia, and was first confirmed in Canada in 2014.

The farm group says hog operations within 60 kilometres of the fourth confirmed case will be notified.

PED affects pigs with no risk to human health. This incident has also not caused any food safety concerns.

For more information on what you can do to protect your farm, visit Alberta Pork's website to view their PED toolbox.

Eoin Treacy's view

Swine flu has decimated the Chinese herd and new cases are being found all the time. It was reported in Belgium earlier this year and is now in North America. There is no cure so the only recourse is to cull the herd and maintain quarantine but that is very difficult.

Alpha-ERD is a strong neural signature of sensory detection and the resulting attention shift," says Shin Shimojo, co-lead author of the study. "The fact that we see it in response to simple magnetic rotations like we experience when turning or shaking our head is powerful evidence for human magnetoreception. The large individual differences we found are also intriguing with regard to human evolution and the influences of modern life. As for the next step, we ought to try bringing this into conscious awareness."

The team took plenty of steps to ensure that participants weren't sensing other things. The test chambers were shielded from outside electromagnetic signals, and the copper wires that generated the magnetic field were wrapped so they wouldn't produce an audible hum.

Eoin Treacy's view

Dousing or witching for water and electrical wires has been something people have been doing for generations. The practice offers empirical, though not especially reliable, evidence that humanity has the ability to sense electromagnetic signals. However, it has until now been largely beyond the ability of science to test with any kind of reliability. The clear result of this confirmation is there is scope for a broader range of understanding into what drives human activity or how we are influenced by our environment.

Eoin Treacy's view

Details of this trade are posted in the Subscriber's Area. 

Eoin Treacy's view

I have had word from the inestimable Mrs. Fuller that the London Philharmonic Orchestra are planning a memorial concert on October 5th at the Royal Festival Hall. It is envisaged that there will be drinks and canapes afterwards. Since this is the 50th year of The Chart Seminar we will be conducting the event on October 3rd and 4th.

I also plan on holding a New York event, potentially in June, and am in discussions with a partner in how best to organise it.

In the meantime, if you have any questions, would like to attend, or have a suggestion for another venue please feel to reach out to Sarah at sarah@fullertreacymoney.com.  

The full rate for The Chart Seminar is £1799 + VAT. (Please note US, Australian and Asian delegates, as non-EU residents are not liable for VAT). Subscribers are offered a discounted rate of £850. Anyone booking more than one place can also avail of the £850 rate for the second and subsequent delegates.