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A weekly wrap on the US markets, gold and the US Dollar

July 22, 2016

Chris Temple joins us for our end of the week market wrap. We detail the moves this week in the S&P, which continues to hit all time highs, if gold will continue to pull back through the summer and how the US dollar closed the week to confirm its breakout.

Next week will be a big week with continued earnings results, a Fed meeting and a statement from the Bank of Japan.

Have a great weekend everyone and enjoy our weekend show!

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Discussion
26 Comments
    Jul 22, 2016 22:54 PM

    Thanks guys for all the contribution this week!

    Jul 22, 2016 22:56 PM

    Gold going much higher

    Jul 22, 2016 22:59 PM

    The world is trouble……Central banks…are a joke

    Jul 22, 2016 22:05 PM

    Great article at sgtreport…Zion and infiltration of the Christian Church

      Jul 22, 2016 22:07 PM

      Most will not want to read,but is historical in nature

      B
      Jul 22, 2016 22:43 PM

      Interesting Jerry, Ive wondered for years how the christians can think so highly of jews.
      Now I understand its zionists, not from that article but there are others.

      Criticism of Israel Not Allowed in Canada
      http://www.globalresearch.ca/criticism-of-israel-not…in…laws…against.

      I think it was Voltaire that said to know who rules you look who you cant criticise.
      There are others but its 1 link at a time aound here.

        Jul 23, 2016 23:18 AM

        The false teachers can quickly be exposed ,by the ability to rightly divide the word

          Jul 23, 2016 23:24 AM

          Cruz,was exposed…with his association

      Jul 22, 2016 22:00 PM

      Read a book called “Forcing God’s Hand” by Grace Halsell — explains the reasons why Zionism became so important to the “Christian Right” — much more for political and financial reasons than theological ones

      CFS
      Jul 22, 2016 22:29 PM

      This is also a SGT report on MainStreamMedia:

      https://m.youtube.com/watch?feature=youtu.be&v=NC6dmEWALBs

    Jul 22, 2016 22:19 PM

    follow the Munich (Germany) situation

    Jul 22, 2016 22:22 PM

    Doesn’t really matter if it’s ISIS or the far right, it’s all falling apart

      CFS
      Jul 22, 2016 22:39 PM

      Just for the record ISIS CLAIMED responsibility on Twitter, several hours ago, also now on Bilt.

    CFS
    Jul 22, 2016 22:46 PM

    Draghi is taking the talk, but cannot do anything.
    The support of individual banks would require breaking the treaty rules or a change of the Treaty (Lisbon), which cannot happen.
    Frau Merkel is toast, soon. The odds are the right wing will be more fiscally restrictive.

    CFS
    Jul 22, 2016 22:13 PM

    With regard to the mining shares market, although slightly down today, it was not as negative day as you might think.
    The volume was highly reduced. I interpret that as favorable for mining shares.
    (Selling volume was very low, even if there were few buyers.) This is giving the shares breathing room to reduce their general overbought condition.

    Jul 22, 2016 22:56 PM

    CEO & Chairman of Scorpio Mining Corporation and the gentleman that started the company that would become Americas Silver Corp (Peter J. Hawley) has joined Defiance as a Director and Chairman of the Board.

    Defiance Appoints Mine Developer as Chairman
    Vancouver, British Columbia–(Newsfile Corp. – July 21, 2016)

    http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1139-tsx-venture/def/22602-defiance-appoints-mine-developer-as-chairman.html

    Jul 22, 2016 22:58 PM

    UEX Signs Joint Venture Agreement on Christie Lake Uranium Project
    VANCOUVER, BC–(Marketwired – July 21, 2016)

    http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1052-tsx/uex/22579-uex-signs-joint-venture-agreement-on-christie-lake-uranium-project.html

    Jul 22, 2016 22:02 PM

    WIKILEAKS INTERCEPTS DNC CONVENTION EMAIL MEMORANDUM

    MEMORANDUM
    FROM: DNC
    TO: Whoever it may concern who for whatever reason if you may choose to wear a dress Monday July 25, 2016
    RE: Garment color choices

    If you are attending the Philadelphia DNC Convention July 25, 2016 please do not wear a blur dress.
    Think about it!

    Jul 22, 2016 22:39 PM

    No Chis Temple…..we want the bugs to be all-in. So don’t encourage them to sell now! And we want them to hold on too. I live for times like this. Not that losing money on their precious relic will shut them up or anything, but the sound of defeat from hearing the gas hissing out of their hot air balloon is just too pleasurable to miss.

    So please man….Tell them to buy more!

      Jul 23, 2016 23:48 AM

      One thing for sure. There will be major collateral damages and
      everyone seeing it, is going to hiss and be astonished.

      It’s so certain, I can guarantee it !

    CFS
    Jul 22, 2016 22:47 PM

    I just find it hard to believe the censorship going on over the Munich shootings.
    The shooter dressed black, age 18, Iranian, kills 8 innocent people from the front of a McDonalds, in the shopping mall built on the spot where the Olympic Israeli athletes were shot. ISIS claims responsibility, now removed from Twitter, and now nobody in German or US news will say it is Islamic!
    Give me a break!

    How do you spell C.E.N.S.O.R.S.H.I.P.?

    I guess it just does not fit the agenda of the ruling powers in either country.

    At least there was not something in the ISIS Magazine telling the terrorist what to do, as there was in the Nice van killings.

      Jul 23, 2016 23:48 AM

      There was even a stretch yesterday where the “news” was this was a neo-Nazi

    CFS
    Jul 22, 2016 22:44 PM

    Off Topic:
    You guys probably know me by now, that I am a skeptic…..I always try to verify statistics quoted by anyone, because they usually lie by omission or commission.

    Trump said police killings have significantly increased under Obama.
    I make no secret I don’t like Obama, but I do not believe Donald S. Trump.

    Here are the true statistics of police killed in the US
    http://www.nleomf.org/facts/officer-fatalities-data/year.html