Exclusive Comments from Marc Chandler – Mon 27 Nov, 2017

The Major News and Data of This Week

The week ahead will be a busy one both domestically and internationally. Marc Chandler, Head Of Global Currency Strategy at Brown Brothers Harriman shares his thoughts on the following news events that could have an impact on the markets.

  • Tax Reform vote
  • US Core CPE data late in the week
  • Jerome Powell confirmation
  • Canadian financial stability report
  • Eurozone flash CPI

Click here to visit Marc’s website.

Click download link to listen on this device: Download Show


Featuring:
Marc ChandlerCory Fleck
View related posts on: , , ,

Comments:
  1. On November 27, 2017 at 3:30 pm,
    OOTB Jerry says:
    • On November 27, 2017 at 3:32 pm,
      OOTB Jerry says:

      I loved the commentary……………jmo

    • On November 27, 2017 at 3:39 pm,
      OOTB Jerry says:

      Sorry just read that CFS….posted earlier…….I still think it is a good article…… 🙂

  2. On November 27, 2017 at 3:51 pm,
    OOTB Jerry says:
    • On November 27, 2017 at 4:54 pm,
      JohnK says:

      One year chart Bitcoin.
      https://www.coindesk.com/price/

    • On November 27, 2017 at 9:54 pm,
      Excelsior says:

      Why Futures Spell The End Of Bitcoin Mania

      Nov. 26, 2017 – Lynn Sebastian Purcell

      “My sense is that the Bitcoin futures market will do two things: introduce stability long term and increase the price of Bitcoin some (but perhaps not as much as people expect). While these points support the $10,000 target relatively soon, they also spell the end of Bitcoin mania. Buy and hold strategies for Bitcoin (“hodling” as it called) is likely to have far lower returns, even if the future is positive, and traders will lose the volatility that has made Bitcoin trading so profitable. The end of the digital gold rush is coming. Let us begin with why CME’s Bitcoin futures has confused some.”

      https://seekingalpha.com/article/4127657-futures-spell-end-bitcoin-mania?ifp=0

      • On November 27, 2017 at 9:55 pm,
        Excelsior says:

        Why I Just Sold Half Of My Bitcoin

        Nov. 26, 2017 – Giesbers Investment Strategy

        https://seekingalpha.com/article/4127707-just-sold-half-bitcoin?ifp=0

      • On November 28, 2017 at 4:18 am,
        JohnK says:

        Shad:
        I have given this some serious thought as well. If you believe the CME is the death of the CRYPTOS you are sadly mistaken.
        This is another case of someone who doesn’t understand how this works.
        Pay attention my friend.

        • On November 28, 2017 at 4:25 am,
          JohnK says:

          Also I will add . It is more than fun to watch which articles those who have no Bitcoin choose to post.
          You have earned the time honored position aboard the Apatosaurus in today’s Dinosaur Parade.
          And yes I was pretty slow to catch on to NASA. The difference between you and me is that I think it matters and I am not afraid to say so.
          https://www.rockwell-center.org/2015site/wp-content/uploads/2010/04/dinosaur_parade.jpg

          • On November 28, 2017 at 4:30 am,
            JohnK says:

            1327 CryptoCurrencies/7019 Markets

          • On November 28, 2017 at 4:35 am,
            JohnK says:

            And if you want to short Bitcoin it’s called GBTC.

          • On November 28, 2017 at 4:59 am,
            JohnK says:

            Ethereum Classic has gone from $13 dollars to $31.82 in less than three weeks.
            Who saw that coming? Somebody here did post that Ethereum was going to be top gainer. As it turns out it is Ethereum Classic on the bottom in row one.

          • On November 28, 2017 at 5:51 am,
            JohnK says:

            Does the government want to make JohnK a criminal for owning Bitcoin.
            Of course they do.

            https://www.cryptocoinsnews.com/us-senate-judiciary-to-hold-panel-hearing-on-aml-laws-today-focusing-on-digital-currencies/

          • On November 28, 2017 at 5:58 am,
            JohnK says:

            And remember NASA went to the moon.

          • On November 28, 2017 at 6:43 am,
            JohnK says:

            With Al Franken and John Conyers just exposed,the odds just increased your Senator or Congressman is either a sexual predator or pedophile.

          • On November 28, 2017 at 6:44 am,
            JohnK says:

            OR BOTH!

        • On November 28, 2017 at 7:32 am,
          Excelsior says:

          JohnK – For the record, I didn’t say anything about what I believe regarding cryptos in either post up above. I share articles that raise interesting points of view.

          I didn’t write the article about the CME putting Bitcoin on the futures market – Lynn Purcell did, so take it up with him if you have issues. Lynn is likely correct that the futures market will make the Bitcoin market more orderly, and will tame the speculative fires a bit.

          As for the Moon landing – it serves very little importance in my everyday life whether we went in 1969, whether it took us until later to go, whether the whole thing was faked, or whether we have a huge city on the dark side of the moon. It is irrelevant to most people, but I do agree with you that NASA has lied in the past. So what?

          • On November 28, 2017 at 8:03 am,
            JohnK says:

            So what?
            I’ll tell you what.People at NASA have been taking money that could be used to start rebuilding the United States on a foundation of Dignity.
            Not caring that you have been lied to by NASA is so shallow on so many levels I don’t want to even get started.
            At the end of the day all you really have is your faith.

          • On November 28, 2017 at 8:20 am,
            Excelsior says:

            John – I realized decades ago that NASA is lying, so are tons of Government organizations. So what isn’t shallow, it is just there are far more important areas to focus on than that. People have been arguing about the moon landing video and pictures and whether it really happened for DECADES. You aren’t doing anyone here any favors by bringing it up every single day 3-5 times a blog. That is what is shallow. Expand your horizons a bit more and quit beating a dead horse already.

            There are other initiatives that NASA has done regarding placing huge telescopes in space on on the surface, great research on Mars, ongoing research and satellite missions on the moons of Saturn & Jupiter, the satellite that just passed by and documented Pluto last year, researching Trans-Neptunian Objects in Kuiper Belt , searching and locating hundreds of planets outside of our solar system,etc..

            It’s a mixed bag, and not everyone that works for NASA is lying or tied to the Nazi beginnings with Wernher Von Braun. Not everything in life revolves around the potential faking of the moon the landing. To worry about it every day, and ask people if NASA went to the moon every day is borderline wacko.

          • On November 28, 2017 at 8:24 am,
            JohnK says:

            Where’s your buddy Mathew? Usually by now I would have a tag team going against me.

          • On November 28, 2017 at 8:26 am,
            JohnK says:

            How many of your family died in 9/11 Shad?

          • On November 28, 2017 at 8:29 am,
            Excelsior says:

            JohnK – I’m not against you. I’m just sick of the “Did NASA go to the moon?) question every single day for the last month.

            A better question is did they fake the first mission for PR and finally go at a later date? Whether they did or didn’t doesn’t amount to a hill of beans for economics today does it?

            NASA or the Government employs many people. Some have good intentions, and some are liars. That is true of every church I’ve been in as well, and I’ve been in hundreds in the last 5 years. Again, that is life.

            Why worry about it every single day? Why worry about the JFK assignation or 9/11 every single day? Do you think you are going to change history here on the KER?

          • On November 28, 2017 at 8:35 am,
            Excelsior says:

            JohnK. My father was in an airplane flying on 9/11 and my mother called me in a panic of tears when planes started going down that morning. His plane was grounded and when they landed he was interviewed by some small news organization that day on how it felt to survive.

            My best friends brother was sitting on a bench near the Pentagon and called him to say he thought a missile just struck the Pentagon. I was there a few days later driving right by and while they were cleaning up I noticed there was no plane wreckage.

            The morning of 9/11 a business associate who was a retired FAA inspector called me personally and mentioned that our planes had just shot down a plane over Pennsylvania. He asked me “Why would we shoot down our own civilian plane?”
            Obviously that was Flight 93.

            I have a pretty vivid memory of that morning from my dad in the air, my best friends brother reporting a missile strike, and a FAA inspector listening to our military shoot down Flight 93.

            Am I banging on about 9/11 every single day though?

            Time to move on….

          • On November 28, 2017 at 8:39 am,
            JohnK says:

            Shad :
            How do you expect things to change. Do you really think this is the only place that I continually expose the lies that have been thrust upon us.
            Where your wrong is that one person can make a difference.

            Now please answer my question. How many of your family died on 9/11?

          • On November 28, 2017 at 8:41 am,
            Excelsior says:

            If you bothered to read the above post JohnK you would see that I agree with you on 9/11 and almost lost my father.

            Chill out dude.

          • On November 28, 2017 at 9:05 am,
            JohnK says:

            Tough questions are hard to answer. The question wasn’t how many of your family almost died. The question was how many of your family died on 9/11?

          • On November 28, 2017 at 9:09 am,
            Excelsior says:

            John – nobody in my family died that day. Even if they had all been killed that day, I wouldn’t be bringing up every single day on an Resource Investing blog 16 years later.

            How many of your family are on the moon?

          • On November 28, 2017 at 9:11 am,
            JohnK says:

            All the people that died on 9/11 were my family.
            We are all brothers and sisters in Christ.
            I’m Done.

          • On November 28, 2017 at 9:13 am,
            Excelsior says:

            What a BS answer after all that. Thank Christ you are done.

            Now spare us the daily moon/911 posts moving forward.

            You aren’t changing anything — you’re just driving everyone crazy. I preferred Spanky’s waterfall charts and doom and gloom posts to this nonsense.

          • On November 28, 2017 at 9:40 am,
            Wolfster says:

            Well JohnK…..if you are belittling everyone on those sites as well don’t be surprised if no one listens to you…..I have never met a Christian before with so much venom. Prefer the ones who have civilized discussions and agree to disagree when opinions are different

  3. On November 27, 2017 at 3:54 pm,
    OOTB Jerry says:
    • On November 28, 2017 at 5:04 am,
      JohnK says:

      Trump better be careful. Karma is a Bitch.

      • On November 28, 2017 at 7:04 am,
        OOTB Jerry says:

        I think it, might be the other way around….Poky Warren is not a full bred Indian, like she would like us to think in order to gain some govt benefits…… 🙂

        • On November 28, 2017 at 7:08 am,
          OOTB Jerry says:

          We will call her Bitchy Warpath Karmeania Warren…..a true Indian name… She needs to go find a totem pole for her lodge.. 🙂

          • On November 28, 2017 at 7:13 am,
            JohnK says:

            Jerry:
            I mean about picking on women.

        • On November 28, 2017 at 7:15 am,
          JohnK says:

          Trump must remember he was the lesser of two evils. That’s not saying a lot.

  4. On November 27, 2017 at 4:47 pm,
    JohnK says:

    Dick Tracy pick LTV.V with a nice 14% move today.

    http://stockcharts.com/h-sc/ui?s=LTV.V

  5. On November 27, 2017 at 4:50 pm,
    JohnK says:

    Spec favorite HIVE.V makes a big move.
    http://stockcharts.com/h-sc/ui?s=HIVE.V

    • On November 27, 2017 at 8:31 pm,
      Wolfster says:

      Got them both.🤞🤞🤞

  6. On November 27, 2017 at 7:00 pm,
    confused says:

    EX,
    according to Fullgoldcrown, Canamex is Spock’s company. So it seems to be that David Vincent is SPOCK!!! At least this is what Fullgoldcrown seems to attest.
    https://goldtadise.com/

    • On November 27, 2017 at 8:07 pm,
      Excelsior says:

      Nice confused. Thanks for confirming SPOCK is David Vincent and putting the pieces together.

      Fullgoldcrown is one of the best chartists over at gold tent and I frequently review his work and charts. Both he/she & David are great technicians.

  7. On November 27, 2017 at 8:09 pm,
    Excelsior says:

    Primero Closes Sale of Cerro del Gallo
    (Marketwired – November 27, 2017)

    “Primero Mining Corp. (TSX: P) today announced that the Company has closed the previously disclosed sale of the Cerro del Gallo development project, via the sale of all of the issued and outstanding shares of San Anton Resource Corporation, the indirect owner of the Project to Argonaut Gold Inc. (TSX: AR). ”

    http://www.marketwired.com/press-release/primero-closes-sale-of-cerro-del-gallo-tsx-p-2241790.htm

  8. On November 27, 2017 at 8:22 pm,
    Excelsior says:

    A Zinc Bull In A China Shop
    Palisade Research November 24, 2017

    “The world’s zinc supply is diminishing.”

    “The machine that is China is once again rearing its insatiable head – the same machine that propelled resources to their all-time highs during the last supercycle.”

    “And now zinc warehouse stocks are already at 10-year lows…”

    http://palisade-research.com/a-zinc-bull-in-a-china-shop/

  9. On November 27, 2017 at 8:54 pm,
    Excelsior says:

    David Erfle on NOVO
    November 27, 2017 JayCurrie

    http://motherlodetv.net/index.php/2017/11/27/david-erfle-on-novo/

    • On November 27, 2017 at 9:15 pm,
      Excelsior says:

      “The most significant result for this release was returned from Hole BA17-43, which intersected 3.2 metres (true thickness) grading 26.95 grams per tonne #gold and 1,493.6 gpt #silver or 3,515 gpt silver equivalent (“AgEq”, based on 75 (Ag):1 (Au) and 100% metallurgical recovery). Also noteworthy is Hole BA17-31 at 3.8 metres grading 5.65 gpt gold and 451.5 gpt silver, or 875 gpt AgEq and Hole BA17-33 at 3.1 metres grading 5.08 gpt gold and 570.5 gpt silver, or 951 gpt AgEq.”

      • On November 27, 2017 at 9:22 pm,
        Excelsior says:

        $DV $DOLLF DOLLY VARDEN ANNOUNCES THE THIRD MAJOR NEW DISCOVERY OF THE 2017 EXPLORATION PROGRAM. TORBRIT EAST, A FAULT-OFFSET CONTINUATION OF THE TORBRIT DEPOSIT, YIELDS 6.85 METRES GRADING 385 G/T #SILVER EQUIVALENT.

        https://www.dollyvardensilver.com/news/2017/dolly-varden-announces-the-third-major-new-discovery-of-the-2017-exploration-program-torbrit-east-a-fault-offset-continuation/

      • On November 27, 2017 at 9:33 pm,
        Excelsior says:

        $DV 6.85 meters of 385 g/t #Silver Equivalent

        $SIL 3.2 metres of 3,515 g/t #Silver Equivalent
        $SIL 3.8 metres of 875 g/t #Silver Equivalent
        $SIL 3.1 meters of 951 g/t #Silver Equivalent

      • On November 27, 2017 at 10:49 pm,
        OOTB Jerry says:

        thanks for the post…………

        • On November 28, 2017 at 7:53 am,
          Excelsior says:

          Glad to share. Both Dolly Varden and Silvercrest are doing great exploration work.

          I find it interesting that over at ceo.ca investors are super bullish on Dolly Varden (which I am as well), but shrug off the drill results of Silvercrest which are far more mineral rich and way the hell easier to access and mine. I created that post mostly as a comparative snapshot. The DV news got the thumbs up, and nobody commented or thumbs upped the Silvercrest news. Therefore I bought more Silvercrest 🙂

  10. On November 27, 2017 at 9:50 pm,
    Excelsior says:

    Position Sizing: A Top Key To Trading Success
    Nov. 27, 2017 – Taylor Dart

    “This article seeks to take a deeper look at why even the best trading systems in the world can be derailed by aggressive position sizing.”

    https://seekingalpha.com/article/4127842-position-sizing-top-key-trading-success?isDirectRoadblock=false&uprof=45&utoken=45367700671014d860a163e327c403c5

  11. On November 27, 2017 at 10:08 pm,
    Excelsior says:

    What History Says for Gold Stocks in 2018-2019

    November 19, 2017 – JORDAN ROY-BYRNE CMT, MFTA

    https://thedailygold.com/what-history-says-for-gold-stocks-in-2018-2019/

  12. On November 28, 2017 at 7:11 am,
    OOTB Jerry says:

    Broken Record………and it is not Option Expiry cause………wash rinse real simple.
    http://www.zerohedge.com/news/2017-11-28/its-930amet-do-you-know-where-your-gold-slammer

  13. On November 28, 2017 at 7:15 am,
    OOTB Jerry says:

    Govt Waste…………but where is the $21 Trillion missing at the Pentagon……
    http://www.zerohedge.com/news/2017-11-27/shakespeare-dogs-digital-puppets-senator-details-100-examples-government-waste-2017
    Chump CHANGE……….

    • On November 28, 2017 at 8:14 am,
      JohnK says:

      Check at NASA

  14. On November 28, 2017 at 7:21 am,
    OOTB Jerry says:

    Crypto Plus………………Russia likes,China says no, Us does not have a clue….
    http://www.zerohedge.com/news/2017-11-28/meet-world%E2%80%99s-most-powerful-bitcoin-backers

    • On November 28, 2017 at 7:23 am,
      OOTB Jerry says:

      The Period of Uncertainty is Over
      Russia is embracing it, with an eye to dominating it. China has banned it. The U.S. is struggling to figure out how to regulate it. But nothing can hold it back.

  15. On November 28, 2017 at 7:29 am,
    OOTB Jerry says:
    • On November 28, 2017 at 8:17 am,
      JohnK says:

      What have I been saying about Zero Hedge? Remember they never post any thing positive?
      Well here you go.

      • On November 28, 2017 at 9:00 am,
        OOTB Jerry says:

        John, you have to view the info, for what it is……not what you wish it to be…… 🙂

        • On November 28, 2017 at 9:02 am,
          OOTB Jerry says:

          and ….I have put this in a memo form to myself……to remember that as well…….
          just in case I fall for the info content. ………. 🙂

  16. On November 28, 2017 at 7:42 am,
    Excelsior says:

    (TMQ) Triology Metals is an interesting Copper company in Alaska doing all the right things to move their project forward. I’ve been watching it from a distance for a while, but am considering starting to position more heavily in it on this current pullback. Does anyone have any thoughts on Trilogy?

    _______________________________________________________________________

    Trilogy Metals Inc. (TMQ)
    Rick Van Nieuwenhuyse, President & CEO
    Corporate Overview

    http://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2017/09/19/trilogy-metals-inc/play/stream/23100

  17. On November 28, 2017 at 9:29 am,
    OOTB Jerry says: