The sell off today in US equities and bonds globally
The US market sell off was lead by the tech sector with all the major averages closing at their lows. A sell off also happened in the bond markets globally. The German bund, Italian, French and Spain yields were up. Also the US 10 year is just below 2.2%. The question is will the sell offs in bonds be the start of a more significant sell off all thanks to the central banks talking up a tighter monetary policy. Right now it is all talk but if the largest player (central banks) exits a market people need to take note.
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Flood the damn swamp and drown all the corrupt bastards.
Republicans eye billions in side deals to win Obamacare repeal votes
The White House and Senate GOP leaders have nearly $200 billion in savings to divvy up among senators’ priorities to secure votes for the imperiled bill.
By JOSH DAWSEY and BURGESS EVERETT 06/26/2017 11:51 PM EDT
The Firm That Created the Dossier Refuses to Produce Docs to Congress
The clandestine firm that created the false dossier on Trump is refusing to cooperate with Congress. They are refusing to turn over to congress information of not just how the report was crafted, but who paid for it.
The Senate Judiciary Committee threatened now to subpoena the firm, Fusion GPS, after it refused to answer questions and provide records to the panel. They have been ordered to identify who financed the fake dossier, which was circulated during the election and has sparked much of the Russian scandal now engulfing the White House cost untold millions so far in investigations.
The firm is clearly a partisan operation that is typical of Washington DC based research. They will turn out whatever they are told for big bucks. The firm has gotten caught with its hand in the cookie jar because the mainstream media has used the Russian scam to constantly bash Trump. Fusion GPS describes itself as a “research and strategic intelligence firm” founded by “three former Wall Street Journal investigative reporters.” You might as well say three cab drivers since being a journalist does not qualify as having experience in anything except English class.
This is one firm that may have flown too close to the political sun and it could find itself with melting wings and in prison.
“CNN Caught Cold” In Undercover Sting – Producer Admits Russia Fake News Story Pushed For Ratings
The investigative journalists at Project Veritas have done it again! Known for their undercover sting operations, such as the one which exposed the DNC’s highly organized network of professional agitators sent to disrupt Trump rallies, voter fraud, or the undercover operation which led to the arrests of Antifa thugs planning to disrupt an the inauguration “deploraball” event.
This time, the organization led by James O’Keefe has infiltrated CNN…
The FBI’s boss is under investigation for possible Hatch Act violations
https://youtu.be/SSyWDJ3XrSk?t=33
epstein metasls
epstein end of day
Figures On Government Spending And Debt
Associated Press – 8 minutes ago
WASHINGTON (AP) — Figures on government spending and debt in millions of dollars. The government’s fiscal year runs Oct. 1 through Sept. 30.
Total public debt subject to limit June 26 $19,808,747
Statutory debt limit $19,808,772
Total public debt outstanding June 26 $19,846,177
Operating balance June 26 $215,903
Interest fiscal year 2017 thru May $197,850
Interest same period pvs fiscal year $176,341
Deficit fiscal year 2017 thru May -$432,853
Deficit same period pvs fiscal year -$405,413
Receipts fiscal year 2017 thru May $2,169,160
Receipts same period pvs fiscal year $2,139,254
Outlays fiscal year 2017 thru May $2,602,013
Outlays same period pvs fiscal year $2,544,667
Gold assets in May $11,041
The dropping USD saw lots of base metal miners begin to rise again in both the UK and US since about the 20th / 21st.
But I am not convinced but this drop in the USD and expect it to turn back up – I think that could give us a sharp prolonged drop in base and precious metal mining stocks as a result. Also oil.
Based on today’s closing price for SLV, we can see that the fork in the following chart is still working…
http://stockcharts.com/h-sc/ui?s=SLV&p=D&yr=1&mn=0&dy=13&id=p89616694454&a=531210283
(ANX) (ANXGF) Anaconda Mining Initiates Drill Program at the Argyle Discovery Targeting Extensions of Mineralization
June 27, 2017
Highlights from the previous drill program include:
• 5.52 grams per tonne (“g/t”) gold over 15.0 metres (34.0 to 49.0 metres) in hole AE-16-40;
• 9.31 g/t gold over 6.0 metres (86.8 to 92.8 metres) in hole AE-16-39;
• 2.95 g/t gold over 15.0 metres (94.0 to 109.0 metres) in hole AE-16-43; and
• 2.91 g/t gold over 12.1 metres (68.3 to 80.4 metres) in hole AE-16-33.
Anaconda Mining Commences Drilling and Initial Development Programs At The Goldboro Project
June 22, 2017
Anaconda Mining Sells A Record 4,658 Ounces of Gold, Generating Over $7.72M In Gold Sales In the Fourth Quarter
June 15, 2017
Anaconda Mining Completion of Arrangement with Orex Exploration
May 19, 2017:
That’s a lot of positive news-flow from such a small JR Gold miner. I’m as excited about their 2 drilling programs as I am about their acquisition and record (albeit small) Gold production.
Just thought I’d mention it as as the share price has been drifting lower in spite of real progress on many fronts. I love inefficient markets.
Drilling Commences at Huckleberry to Test Gravity Anomalies
(June 27, 2017) – (NRN) (NSHRF)
Northern Shield Resources Inc. [TSX-V: NRN] is pleased to announce that modelling of the ground gravity survey has been completed and drill crew have been mobilized to the property. The program is being funded pursuant to the Option Agreement with South32 Canada Exploration Inc.
http://www.northern-shield.com/press-release/drilling-commences-huckleberry-test-gravity-anomalies
After a very disappointing drill program in 2016 where most investors (including me) bailed on NRN, I’ve decided to give them a second chance here for the 2nd half of 2017 as their drill program is kicking off. Granted, this one is a lottery ticket 🙂
They’re already trading in the basement, so the upside potential outweighs most of the downside risk. Drilling is risky and difficult, and while the results last year didn’t wow anyone, it’s not uncommon for exploration to miss a few times as they are trying to define the limits and controls of a potential geological system. The management team is quality, and they have a number of past successes under their belt. I’m willing to bet that they’ll be lazer-focused this time around and will be going for the goods at their various properties this year.
BTW – they are looking for Copper/Nickel/Platinum/Palladium/Silver/Lead/Zinc deposits. A few goal holes would do them some good.
The Company’s properties include Huckleberry, Idefix, Tempest, Brian, Vagabond and Roquet Sedex.
> The Huckleberry Property is being explored as segregated magmatic copper-nickel-PGE (Cu-Ni-PGE) deposit.
> The Idefix Property is being explored for PGEs and nickel-copper-PGEs (Ni-Cu-PGEs).
> The Tempest Property is a copper-zinc-silver (Cu-Zn-Ag) property.
Is my tiny TYP foreshadowing the next move for the sector? Probably.
http://stockcharts.com/h-sc/ui?s=TYP.V&p=W&yr=3&mn=3&dy=0&id=p62541717549&a=531916776
I’ve been saying that the dollar has been acting poorly and yesterday’s action made that assessment correct. I think it is going lower…
http://stockcharts.com/h-sc/ui?s=%24USD&p=D&yr=0&mn=10&dy=13&id=p31786617940&a=529727645
USDX ETF, UUP, is testing important Fibonacci fan support (which I think will fail):
http://stockcharts.com/h-sc/ui?s=UUP&p=W&yr=3&mn=3&dy=0&id=p04717601370&a=529253829
The Canadian dollar looks superb and that is good news for the gold/silver sector.
http://stockcharts.com/h-sc/ui?s=%24CDW&p=W&yr=3&mn=3&dy=0&id=p90212539467&a=531923924
If you are bullish the miners, then you want to see GDX:GDXJ weakening – and it is…
http://stockcharts.com/h-sc/ui?s=GDX%3AGDXJ&p=W&yr=2&mn=7&dy=0&id=p00412195580
agreed.
Silver looks like it is getting ready to run higher. If you can see it, here’s the 2 hour SLV chart:
http://stockcharts.com/h-sc/ui?s=SLV&p=120&yr=0&mn=3&dy=0&id=p53434916412
http://www.zerohedge.com/news/2017-06-27/yellen-i-dont-believe-we-will-see-another-crisis-our-lifetime
This BITCH must be expecting to die in the next few months, to a year.