Friday and The Doctor is In
Big Al discusses gold; silver; the conventional markets; and, a bit of geopolitics with Doc.
Click download link to listen on this device: Download Show
Greg Hunter weekly Wrap:
I believe the doctor is wrong, in that we will see a slow decrease in the bond market and a slow increase in the physical, real things, stocks.
Te safe-haven assets of Silver, gold, Platinum and Palladium will perform increasingly well as money moves into these and corresponding VIABLE metals stocks.
I think you’re right for the mid- to long-term, CFS, but it seems to me that we still might see some downward pressure on interest rates for the short- to mid-term.
$TNX daily:
http://stockcharts.com/h-sc/ui?s=%24TNX&p=D&yr=1&mn=0&dy=0&id=p92791824942&a=406331586
Silver stinks……………..
I predict…….gold holds….
Silver to gold ratio was 73.65 to 1….silver is in its own game……jmho
long term good buy…..
Tillerson makes case to UN…..concerning N. Korea……war mongers.
I will definitely look this up as I have not seen it yet. Been busy here though! I certainly would not jump on North Korea at this particular moment. Kim Jung un is simply acting like a rooster at this point.
China is reporting zinc inventories are down 26% in a week, that is good for zinc producers like USA.
Monday, when most European markets will be closed for Labour Day, will be the 6th anniversary of the Silver Slaughter of 2011.
I believe any similar attempt this year will fail, although judging by the CoT reports, I expect it will be attempted. Apart from the New Dodd-Frank Law which would appear to make such an act illegal, I believe it will fail, because this time the attitude of many people is sufficiently different that buying of physical metal will prevent wholesale manipulation to decimate physical metal prices.
Whether this will precipitate a collapse of bullion banks is too premature to know. 2 cents.
It is an odd situation at the moment… almost as if we are waiting for something to happen in Syria or Korea. Dangerous times.
The Syria thing is awful – the US and UK seem to have sided with the bad people against other bad people. But the bad people we are backing are the worst bad people.
Syria is on the oil pipeline list …….and one of the countries the deep state wants to take down according to Gen W. Clark….per C.A.Fitts
Everyone has an opinion, OOTB.
Fully agree Jerry, except I think it’s more gas than oil.
RFK spelled it out very well:
http://www.ecowatch.com/syria-another-pipeline-war-1882180532.html
(I know I posted this before, but it’s such an important article I’m posting it again for those who missed it.)
thanks again for posting……
I think you are correct on the gas in lieu of oil……….thanks for the correction….J
That is also my opinion Bob UK.
I think Trump is done with Syria.
The bad public opinion poles and Russian criticism have educated him. He may be an amateur at politics, but he is not stupid.
Interesting thought.
How bad is Assad, really? Honest question. Not as bad as those the US, Israel, and gulf state allies are backing. I don’t put a preference on lives, Christian vs Muslim vs etc., but it seems he is the only thing standing between various religious groups and either renunciation of faith, brutal death, or refugee status.
I often hear he’s a monster. But I haven’t seen the evidence. And given the US/Neocon consistent record in dishonestly demonizing those they want to destroy, I need evidence in order to buy it. Any links welcome.
I understand that he never expected to govern Syria, and was an ophthalmologist (or optometrist?) in England until his brother’s death forced this role on him. As Lew Rockwell pointed out, he’d probably prefer to still be in England. If he doesn’t prevail, he and his family may well be Gadhaffi’d — not a pleasant prospect.
I prefer Assad to Hillary Clinton or Elizabeth Warren.
Absolutely.
Matthew, I forgot to mention Obama. Pelosi, Maxine Waters, and Schumer. I like Assad and Putin over that list of deplorables.
Of course, I still agree.
FYI:
https://www.youtube.com/watch?v=VN947HFb8RQ
I was surprised when I saw cannabis seeds openly for sale on Las Ramblas, last year.
Getting to be just like wine, spirits and beer.
Possibly less harmful than Spirits and cigarettes, if ingested by other than smoking.
People driving under the influence of anything are, of course, a concern.
Especially doctor prescribed meds.
Well, the COT commercials are starting to turn on silver and I repeat “starting”—they have a long ways to go. The net long of the disaggregated futures position increased by about 6000 contracts. It’s at least a start.
What think you of JPMorgan’s silver hoard?
Is it to provide COMEX liquidity in physical?
Is it to counterbalkance their losses in manipulation if they fail?
Or what?
So you’re telling me there’s a chance…… (Silver)
Doc can it’s amazing how good you have been these last 6 months! Having said that, I think we begin to turn up next week and for the rest of May to the $1340-1460 zone. Sold my Exeter this week and holding the rest like the turkey I am;) There are too many bears on gold and way too many Trumpy stock pumpers out there. I rather be a year early that a week too late.
Epstein’s Metals TA:
https://youtu.be/CIsm2aMsmTE?t=33
Epstein End Week/Month TA:
https://youtu.be/hv9ChH_U820
Another good list out from the Hedgeless Horseman on stocks he’s tracking
_________________________________________________________
Portfolio Update: Additions and Cuts This Week
The Hedgeless Horseman – April 28, 2017
* Added
Dolly Varden Silver Corp
Impact Silver Corp
Resource Capital Gold Corp
Sage Gold Inc
* Cut
Golden Arrow Resources Corp
Southern Silver Exploration Corp
Arizona Silver
Betterroot Resources
* New positions
Gungnir Resources Inc
Sunvest Minerals Corp
TerraX Minerals Inc
Santacruz Silver Mining
Teranga Gold Corp
* Evaluating…
Great Panther Silver
Klondike Silver
Americas Silver
Korea streaming news:
A good sign: SIL:SLV is up 5.35% since the low for the ratio on Tuesday. SIL finished up 1.78% today even though SLV finished lower.
http://stockcharts.com/h-sc/ui?s=SIL%3ASLV&p=D&yr=1&mn=0&dy=13&id=p19530311116&a=519107533
Just what the doctor ordered….
Take 2 of these (Big Al & Doc) and call me in the morning…..
You should feel better afterwards. 🙂