Retail sales data and the IMF lowering Chinese GDP expectations
Chris Temple recaps the retails sales data released this morning and the IMF lowering Chinese GDP growth to under 6% by 2020. We are seeing the US dollar fall and precious metals move up. We are still not breaking out on any of the charts so all investors need to take note of the longer term trends in place when looking to invest.
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docs 1250-75 could still happen
I don’t know, but my gut tells me they run out of physical gold before hitting $1300.
If they choose only to knock down when physical markets are closed, they have time problems. It is going to be interesting.
I think there is about a 100 year supply of gold above ground now, and from what I have been reading we are awash in silver as well.
Just me but I think it will take something psychological to drive gold up significantly.
The election? war?
The amount of buy triggers south of $1308 would probably blow our collective minds right now. The market seems to be calling the Feds and their propagandists hands right now. They sense something large is going to occur in the next few months. Of the 30+ darkly tinted swans circling…what might it be? EVERYONE is PRAYING sub $1300 gold right now!!!!
Yeah, what the h@ll does the uncertainty of the election have to do with going out and getting a frosty???
And make America great again???
Heck, I’d settle for making America mediocre again!
How about you Mr. Big Al Korelin or Mr. T???
“Make america great again” not that I would agree it was ever great, other than a short period of time around the war of independence. (maybe)
But Hillory is a neocon, they are pressing China and Russia for war, Trump wants to do business with China and Russia, whatever the deals he makes (he figures he can make good ones) its not war he is talkin about.
I could be wrong, but my gues his make america great again means he intends to create employment.
He also stated he figures he can eliminate the debt, which he could if the fed stopped producing the currency.
Well, B, how about if we make America good enough so people will want to go out and by a frosty and a chili? 🙂
by should be buy…dang iPad!
You should try dieting ,to eliminate the Fat Finger epidemic ,that is spreading around.
Hah! Jerry you kill me! And say hi to Frank for me. Has he seen Snowden in Moscow?
Frank and Snowden are in Siberia with Putin,playing putt putt golf,…they are waiting for Dumbo to leave office,and plan on getting a real job at Trump’s golf and resort,where they plan on having the KER family outing.
Sounds good, Jerry. Where do I sign up?
Dang Silver
Jaw boning, Fed Bullard …..out with more$###,only with a million less jobs reported ,could he not see recessionary likely in the near term . HE must mean ,just over the weekend.
Fed’s Bullard: “We Don’t See Recession Risk Likely In Near Term”…. Just Like In August 2008
My BABA and ECA are on a tear! Be proud Corey! Got me one of them CanadIan stocks!
Good macro thoughts on the economic landscape from Mr T today. Much appreciated guys.
London closed, here comes the takedown.