A Look Into Yellen’s Upcoming Chat With Congress
With US markets on the recovery today and yields remaining high Chris Temple and I look into what might come out of Yellen’s chat with Congress on Wednesday and Thursday. So much of general market moves depend on the Fed that when Yellen is speaking to government we all need to pay close attention.
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The white Paper mentioned on goldseek radio may be found at:
https://www.monkey.capital/docs/MC_Whitepaper.pdf
I personally have no connection with this crypto and have not yet made an investment decision with the ICO some 8 days away.
I am interested also in the pillar project, but have decided there is not sufficient development in that yet. (ICO this week)
Providing Investment Grade Allocated Gold Bullion & Silver: Both in Physical & Digital Form
We provide investors gold bullion and silver in both their physical and digital formats. GoldVu offers wholesale & retail quantities and prices to financial institutions, Asset Managers, companies and private investors. All types of precious metals you buy though us are 100% allocated on a 1:1 basis.
One Trader Made $200M Trading Ethereum… And Nobody Knows Who To Tax
During Ethereum’s big rally last month, when the price of a single coin went from $220 to just shy of $400 in the span of two weeks, one trader turned $55 million of paper wealth into more than $398 million. And nobody knows who they are, or – more importantly – who to tax.
The Stars Are Aligning For A Monumental Buying Opportunity In Silver
by @Goldfinger on July 10, 2017
https://ceo.ca/@goldfinger/the-stars-are-aligning-for-a-monumental-buying-opportunity-in-silver
Ex,
Also, the $GOLD:$SILVER ratio recently peaked above 80, the highest level in over a year. Plus sentiment is abysmal and the recent silver flash crash didn’t help.
http://stockcharts.com/freecharts/gallery.html?%24GOLD%3A%24SILVER
Silver looks more compelling than gold right here. I’m looking for a bounce in silver and silver stocks to last several weeks. We’ll see.
+1. Add the following: http://stockcharts.com/h-sc/ui?s=%24BPGDM&p=D&yr=5&mn=0&dy=0&id=p20600169876
+2
Today’s SLV:GLD action has been perfectly contained between Schiff fork support and resistance…
http://stockcharts.com/h-sc/ui?s=SLV%3AGLD&p=D&yr=0&mn=6&dy=11&id=p70546661086&a=533646134
Looking at the current action following the Thursday afternoon GSR pop to about 84, the odds are good that the low for the ratio is in place.
Ditto on the bounce
Wash and rinse cycle..
Going back to $21…..then has to break $25,…if not same old game…jmo
Agreed Steele. The Gold:Silver ratio is getting very stretched, and I look for Silver to outperform Gold in the later half of 2017, once this corrective move is completed.
Hey Cory,
What happened to Rick and Doc?
Hey CaliJoe,
Rick is scheduled to come on the show on Tuesday and Thursdays this summer as he is dealing with some stuff at home and Doc is still undergoing renovations at his house. Just last week there was a big windstorm that set them back a little bit. He said that a big tree limb fell on his roof. Hopefully I will be able to chat with Doc this week!
Thanks for asking. Please do not worry they will be back more full time after summer 🙂
Oh dear – between poison ivy and trees it sounds like Mother Nature has it in for Doc at the moment.
Been bagging me some profits over the past week…
DSLV – 4.3 and 4.9% net
JDST – 5.1 and 6.5% net
SPFF – 7.35% divi
USLV – 1.3% net (FIFO)
JNUG – 3.1% net (FIFO)
Litecoin – 8.4% net
No losses so far this month…
Nice one on the litecoin….bravo
If most money managers are thinking like Chris, it would seem to me for a perfect time for PMs to mark a low and begin the long climb back to more reasonable levels. Perfect time to acquire downtrodden mining stocks with minimal risk that they will go any lower. Add in the full moon and it’s as sure a thing as you get in this business. JMO.
Good comments Silverdollar.
Lawyer Who Leaked Comey Memos Speaks: “They Were Not Marked Classified”
The Columbia University Law School professor who leaked at least one of James Comey’s memos to the NYT, has countered Trump’s accusations that Comey broke the law, because none of the memos he received from Comey were marked “classified.”
Comey still a leaker,….and broke his confidentiality .jmo
Bottom line…..scum bagger
Rule of law……Forget it…..under the O
Witch hunt….continues…..Trump Jr. Now has to lawyer up ….
Maxy Waters…..needs a muzzle …
The Last Time Hedge Funds Were This Short Gold, It Rallied 18% In A Month
Gold is suffering its worst drawdown this year, and hedge funds are betting more losses are in store… but judging by the precious metals’ performance the last two times hedgies piled in like this, the ‘smart money’ may be about to get a nasty surprise…
http://www.zerohedge.com/news/2017-07-10/last-time-hedge-funds-were-short-gold-it-rallied-18-month
New Research Shows Guccifer 2.0 Files Were Copied Locally Suggesting DNC Not “Hacked By Russians”
“What is suggested is that the files were copied by someone with access to a system connected to the DNC internal network, and that this action had no bearing on the files submitted to Wikileaks and were most likely unassociated with Seth Rich, and definitively not remotely “hacked” from Russia.”
Guess I missed a train wreck this past weekend….have been so busy I just skimmed through things and skipped anything where TraderBill’s name was involved…good to know it’s back to insightful and useful input….as always appreciate the work of everyone involved with running this site and those who participate as well…..back to trying to make some money during the summer doldrums
May you have a prosperous rest of the summer Wolfster, and yes there should be more insightful and useful info, as always, here on the KER. Cheers!
Goldseek radio including crypto commentary:
http://radio.goldseek.com/shows/2017/07.07.2017/GSR-07.07.17-cc.mp3