A thought provoking market close!
Click download link to listen on this device: Download Show
Do you have a source as I have not checked.
Have you flown into third world country airports and sailed into third world ports, Cory?
We are there already!
large amounts of gold are flowing out of GLD over to Switzerland and then to Asia.
In the past two years I’ve flown into Newark, JFK, LAX, SFO, Oakland, DFW, Atlanta, ORD (Chicago), MIA, FLL,IND, Detroit, Puerto Rico, Phoenix and others, and none are close to Beijing in quality.
Of course, they still beat London (LHR, LGW or Stansted and London Luton is a joke)
I could go on and list a whole lot more airports and ports, but you get the point.
We both have and I would not quite make the airport comparison yet.
Not being a boater by any stretch of the imagination I cannot comment on that one.
Have you flown in or out of Beijing or Shanghai?
The ease of not having to find which line to stand in etc….
Admittedly I was flying Air China.
Plenty of seats, totally clean.
Find yourself a technical indicator that is right 60% of the time.Now you have a 60% chance of success.
Now find another uncorrelated technical indicator that is also right 60% of the time.
Combine the two and now you have a 84% chance of success.
Lastly find a third uncorrelated technical indicator,combine it with the first two.Now you have increased your odds of a successful trade to 93.6%.
Make a bunch of money and remember to give back .
interesting point John K
Off topic:
Bitcoin blew through $800 today. Currently at $824.12.
Also Canadian mint joins private blockchain platform.http://www.kitco.com/news/2016-12-21/Canadian-Mint-Joins-Private-Blockchain-Platform.html
A lot of Chinese Yuan flying out of country; caused by devaluation and economic turn-down.
I haven’t heard any of Moody’s Investors Services to say that stock prices are over discounted and if a readjustment may be required to place the stock market in a sound position. What happens with Moody’s if we get more money printing are they still going to stay silent. It makes me feel uneasy! Moody’s is an arm of Goldman Sachs and The Big Banks, I’m wondering with so many financial situations going on today why do they seem to be muzzled? DT
How about changing “Over discounter” to over valued!
Optimism: in 30 days the Obamanation is Gone!
Meet The NY Pension “Strategist” Who Traded Allocations For “Hookers And Blow”
According to a complaint filed by U.S. prosecutors earlier today, Navnoor Kang, the former Director of Fixed Income and Head Portfolio Strategist at the New York State Common Retirement Fund, steered $2 billion worth of allocations to two “preferred brokers” in exchange for $100,000 worth of bribes in the form of the universal currency of “hookers and blow.”
According to NBC, from 2014 to 2016 Kang received bribes “in the form of entertainment, travel, lavish meals, prostitutes, nightclub bottle service, narcotics, luxury gifts, and cash payments, among other things” from Deborah Kelley, of Sterne Agee, and Gregg Schonhorn. Kang faces charges of securities fraud and wire fraud.
Bisexual huh?
Takes all kinds!
“What History Tells Us About Low VIX Readings & Stock Market Risk”
https://www.seeitmarket.com/what-history-tells-about-low-vix-reading-stock-market-risk-16400/
Unbelievable.
WASHINGTON (AP) – The Obama administration is officially ending a post-9/11 era registration system for immigrant men from mostly Muslim countries.
The decision to scrap the National Security Entry-Exit Registration System comes amid growing international terror fears and President-elect Donald Trump’s suggestions that he could ban Muslim immigrants from the United States.
Trump said Wednesday, “You know my plans.”
The NSEERS program was widely derided by civil libertarians as an effort to profile people based on race and religion.
The madness of political correctness and the treachery of the leader continues.
Those who reject God and His Word are the traitors. Don’t mistake a reprieve for a pardon or innocency.
Precious Metals Video Update: Rally Coming Now or at Lower Price?
Palisade Radio – Published on Dec 21, 2016
“The precious metals sector, specifically Gold and gold stocks have been oversold for a while. They recently broke lower and have made a small bounce the past few days. They may have to drop further before a sustained rebound takes place. We also analyze the US$ and how its strength could eventually help Gold bottom.”
https://www.youtube.com/watch?v=O_E5T6kq__0&feature=youtu.be
Some news today moving things is that Northern Shield pulled some duster drill holes from Sequoi and at one point 70+ investors were saddened in the CEO NRN room.
Of note is also that IAMGOLD made a move to acquire Merrex Gold. I had that on my list to acquire but never got it done in time. My thinking was that Hummingbird Resources, Avnel Gold, and West African Resources have more attractive projects and would be more likely takeover targets. The team at Merrex Gold is also intertwined with Frontline Gold (who is intertwined with Abitibit Royalties), so I’m interested to see how things get sorted out with the management teams over the next few months.
Monte d.P of Italy to be nationalized.
Italy to advance 20 billion euros.