QUESTION: Marty; Do you still see 2017 as the end in the decline in gold or 2018? Also, I think I now understand that coins are better than bullion for confiscation purposes. Right?

ANSWER: We are starting to run out of time. We elected a minor Monthly Bullish of 1142 at the end of December, so that has given us the bounce. The benchmarks come into play in 2018, but they could be the first high rather than a low and that would confirm a change in trend. The 2015 closing is the lowest, and that would be a three-year reaction from the highest closing of 2015. Markets never act randomly. The failure of 2016 to produce the lowest closing was for a reason. It was not a fluke.

Yes, coins are better than bullion for they have some historical value. Their historical value could be an excuse to prevent confiscation if government simply declares that “gold is for criminals,” as they are trying to do with cash. I believe Trump would not go along with that move, but keep in mind that the left is the most violent of all. They pretend to be tolerant, but they are only tolerant if you agree with them. They have no problem assassinating anyone else.

The left has painted Trump as some sort of Nazi racist. They fail to understand that “Mexican” is not a race any more than “American,” just as “Muslim” is not a race any more than “Christian.” They mix up their slogans and accusations to get people chanting this nonsense because they are too stupid to think on their own. I would keep in mind that these people will try to assassinate Trump, for in their mind the rich have to be destroyed. They are very dangerous people.

We will be issuing the 2017 Gold Report soon

COMMENT: Martin, Im a regular reader of your blog and I agree with you that the Ice Age is upon us. I fell on this video of ice on the Danube and would like to share with you. Even here in Singapore we can feel that something is going with the climate and it is not global warming.

Thanks for your regular post and look forward meeting in Singapore if you appear to come here.

L from Singapore.

REPLY: Scientists in both Russia and China are warning of an Ice Age. The real scientists in Europe and America are yelling this too, but the press preaches about global warming because the government uses it for taxes. Too much money at stake to say, “Sorry, we got this one wrong!”

Temperatures in Russia have plummeted, dropping to even -80 degrees Fahrenheit. This is very serious. The winters will keep getting colder and this is not good for economic growth.

We are overdue for the flipping of the poles. The poles reverse on the Sun every 11 years. On Earth, that is about 720,000 years. So there is no recorded history to document what has happened. Perhaps that is the 2032 event since the Minoan Bronze Age was sent into a Dark Age with the eruption of Thera. Geologists can tell you where the poles have been since rock is magnetized to the North Pole when it is formed. When volcanoes erupt, we can tell where the poles have been historically. Yet, there is no human record of what impact it has had. We do know that animals have been frozen with plants still in their mouths. It would appear to be very abrupt (see Maya Report). Most likely, this climate change has attributed to the migration of humans around the globe.

Europe is already experiencing a very cold winter now in 2017. Unfortunately, this is the real trend and not global warming. The reason I am so against the global warming crowd is that they put forth this proposition that man is causing this change and that they can reverse the trend if they tax everyone. My point is that a lot of people will die, as historically has always happened with such events. If you know what is REALLY happening, then perhaps you can take steps to deal with this real change in climate that no tax will prevent. I moved to Florida — so I follow our own model.