Insider selling  hits over $2 Billion in four weeks      We have monitored the buy and sell activities of the officers and directors of the major U.S companies since 1990.  I must point out that the SEC reported filings of insider buys and sells of their own companies’ shares over the last four weeks have hit a total of over $2,000,000,000 in dollar value ($2 Billion dollars). That is the highest total for a four week period that we have ever seen…..ever!

SOURCE: MIKE SHEDLOCK Most defined benefit pension plans are nothing but Ponzi schemes. Plans are now unraveling because of demographics. An increasing number of retirees, needing untenable returns, are supported by fewer and fewer people putting money in the system. Democrats sponsored a bailout scheme. Will it pass? Pension and Investments reports Sen. Sherrod Brown to Unveil Multiemployer Loan Program Legislation. Sen. Sherrod Brown, D-Ohio, plans to introduce legislation that would allow struggling multiemployer pension funds to borrow from the U.S. Treasury to remain solvent. The bill, co-sponsored by Rep. Tim Ryan, D-Ohio, could be introduced later this week or shortly after. It would create a new office within the Treasury Department called the Pension Rehabilitation Administration. The funds would come from the sale of Treasury-issued bonds to financial institutions. The pension funds could borrow for 30 years at low interest rates. One restriction for borrowers is they could not make risky investments. The bill would also fund a program at the Pension Benefit Guaranty Corp. to finance any remaining needs of pension plans borrowing from the new program. “Any money needed for the PBGC would be a tiny fraction of what it would otherwise be on the hook for if Congress fails to act,” said an analysis by Mr. Brown’s office. Mr. Brown told a group of retired Teamsters in Ohio on Monday that the bill will be out shortly. It Begins: Pension Bailout Bill A reader asked me to comment on the story after reading ZeroHedge’s take: It Begins: Pension Bailout Bill To Be Introduced This […]

 Adviser says “Gold Manipulation is simply nonsense”…He said that?    A couple of months ago on a highly respected Canadian commodity investment site, a pompous and obviously naïve “expert “stated that any thought of “gold manipulation is simply nonsense.” Really?  We have received many comments on the view of this commodities “adviser.” Some very successful and experienced gold and mining people were rather surprised by his term “nonsense.” Nonsense is it? Just review how recent gold commodities market trades were executed. By the way, we consider the expert to be mediocre at best and rarely found any value in his advice. The point is that those large commodities “paper” sales have been done to generate an overall image of weakness in the gold market. SO IT”S NONSENSE?     JUST TAKE A LOOK AT THE TRADES    For example on November 10, 2017 a total of 30,000 commodity futures contracts in gold were sold in minutes. If converted into gold bullion, that would be equal to approximately 4000 tonnes which is more that the entire world’s annual gold production. The trades were done apparently at “market” and not “limit” and were effective in causing the price of gold (in paper) to plunge which is what we feel they were designed to do. Let’s fast forward to last Friday November 18, 2017 when the sales of 15,000 commodities gold contracts were executed within two minutes; it was “notional” which means that it was paper contracts representing gold and not the gold bullion itself. Friday’s sale would be equal […]

LATEST WEEK SHOWS:.….. $620 MILLION OF INSIDER SELLING  in U.S dollar value with slightly under $17 MILLION OF INSIDER BUYING of U.S. traded stocks. This confirms what we had reported here last week. That $620 million in sells ranks among the highest amount ever in one week. Companies do not enjoy seeing their insider sells reported. When was the last time you saw insider selling reported in a brokerage recommendation? LAST WEEK’S MONTREALANALYST.COM REPORT: OFFICERS AND DIRECTORS HEAVY SELLING. Moreover, examine yourself what the officers and directors of many of these companies are doing with their own personally held shares; you will find that they are selling heavily with very little buying! Recent months have seen the largest amount of officers and directors selling their own personally owned shares in history. *** Note that we are not suggesting that these “most informed of investors” (they work at these companies) are dumping all they own. They are obviously taking some money off the table as they do see risk. The public and the U.S. brokerage industry pay little attention to insider activity. Years ago on a national television call in segment, I mentioned that insiders at an American company had been heavy sellers; two days later I was threatened with a lawsuit for defamation among other things. As they had been verified sellers, I was advised by lawyers to tell them to %&^*#%*. I cannot print the exact words here as this is a family column.

IT DEPENDS WHAT STOCKS…Note that we are always fully invested in common stocks that our research finds to be undervalued. We are not “perma- bears” nor short sellers. We often find stocks that are exceptionally undervalued. But today, too many popular and heavily recommended stocks are selling at high valuation levels that will not be able to withstand bad news when it comes. Yet, as always there are numerous Canadian and American companies’ stocks that are overlooked and undervalued which offer the potential for exceptional capital gains.  We favor gold and commodities related companies as the risk reward ratio of the industrial stock market (Dow and S&P stocks) is historically high. DID YOU KNOW?… Reliable old line gauges of value show significant undervaluation in many stocks. Yet those stocks are not covered nor recommended by most major brokerage houses. Their brokers are not permitted to recommend stocks that are not followed by their own research departments. We should add that although we find most U.S brokerage research is generally of low quality, it is expensive to commit research coverage on stocks. CYCLES…Several major important cycles are occurring now (at the same time almost simultaneously) that are forecasting a brutal bear market and a very poor economy. The cycles may be the most important factor we face. MAJOR POINT… Our research (which includes fundamental analysis, technical analysis and cyclical analysis) indicates we are in the early stages of a bull market in many commodities. That is an ominous warning that the […]