Metals outlook to the end of the year
During a slow day in the markets Doc and I look to the next few months to assess the direction we see the metals moving to year end. We are looking at a higher trading range with stocks continuing to hold gains but nothing to get out of hand. There are many encouraging signs for the sector although still lower volume for stocks rather than the actual metal.
Click download link to listen on this device: Download Show
Nice!
Gotta love JOM and Citigroup having to lower expectations. Diamon did not have to lash out at Bitcoin, claiming it to be a fraud…….Kind of like the pot calling the kettle black, if you ask me.
What a pity jamie, you can’t pull stunts in naked shorting BTC and other cryptos; kinda stunts your style!
His daughter is smarter than he is…….I think she is adopted….
http://www.zerohedge.com/news/2017-09-12/dimon-doubles-down-my-daughter-bought-bitcoin-it-went-now-she-thinks-she-genius
Or maybe the wife has a butler………
bad joke, ……..never make fun of someone else’s misfortune…….
The funny thing is that a few months ago JPM joined the Ethereum Alliance to get a foot in the door to influence development, (Maybe to drag feet, I don’t know)
Certainly distributed ledger blockchains should cut costs, and if open sourced, be totally verifiable; i.e. not allowing naked shorting, then covering after bashing the price down.)
http://fortune.com/2017/02/28/ethereum-jpmorgan-microsoft-alliance/
It was longer ago than I thought.
The banks are against bitcoin, or any crypto….. because they can not control it , ….and can not put the person in DEBT…..nor charge interest, nor have a fraction lending scheme attached to …..
Under the ACT of 1871…..everyone has become a debt slave, and until the FED and all central banks are abolished…..nothing will change.
The DEBT can never be repaid, because of the way the system is set up.
oops! JPM not JOM
Silver will look just fine even if it falls further from here.
SLV:
http://stockcharts.com/h-sc/ui?s=SLV&p=W&yr=1&mn=11&dy=0&id=p82640549475&a=542358730
Doc – I enjoyed this segment and we approach managing our portfolios in a similar manner. Good thoughts on this editorial. All the best!
Off topic:
IMPACT Silver drills 834 g/t Silver over 3.38 meters (TW) at San Felipe
http://www.impactsilver.com/s/NewsReleases.asp?ReportID=802535&_Type=News-Releases&_Title=IMPACT-Silver-drills-834-gt-Silver-over-3.38-meters-TW-at-San-Felipe