Weekend Show Preview – Thu 25 Jan, 2018

George Gero – Updates On Options Expiration Day

George Gero, Managing Partner at RBC Wealth Management joins me today to share his updates on open interest for gold. This is the first time in a while that the gold price is well above the option price which was at $1,325.

This is a preview to segment 2 this week’s weekend show. Since it is time sensitive I wanted to get this update to everyone early! Thanks to everyone for checking the site on a daily basis 😉

Click download link to listen on this device: Download Show


Featuring:
George GeroCory Fleck
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Comments:
  1. On January 25, 2018 at 11:18 am,
    CFS says:

    Over the last 12 months the US dollar index is now down 14.2%.

    The US is now oil independent, but expect imports in other goods to rise substantially in price.

  2. On January 25, 2018 at 12:01 pm,
    irishtony says:

    G&S, just got monkey hammered down….Aw well.

    • On January 25, 2018 at 1:01 pm,
      OOTB Jerry says:

      Donald Duck’s big mouth………….

        • On January 25, 2018 at 2:08 pm,
          OOTB Jerry says:

          Muchy…….put in his place……..on the dollar………

        • On January 25, 2018 at 7:09 pm,
          Ebolan says:

          I tell you, Jerry, Trump ought to fire Munchkin…never should have hired that swamp creature…

          And who thinks the Chi Coms are gonna keep buying Treasuries???

          When Trump gets through his trillion dollar porkfest…sorry…infrastructure…the dollar with tank even more and the bubble will inflate even more for a while…but then…this will go down as a Trubble…Trump Bubble.

    • On January 25, 2018 at 4:02 pm,
      Excelsior says:

      > What a day in $GOLD! It was down, then up, and then careened down after the close on the political theater and the US Dollar reversal, in after-hours trading.

      It should be noted that last night in overseas trading, Gold eclipsed the 2017 high of $1362.40 to over $1365, and today it closed at $1362.90.

      Technically that a higher high than in 2017 (by $.50) and the year just got started.

      http://stockcharts.com/h-sc/ui?s=%24GOLD&p=D&yr=5&mn=0&dy=0&id=p36107254267

      • On January 25, 2018 at 5:17 pm,
        OOTB Jerry says:

        Left you a note on our debate…… 🙂

        • On January 25, 2018 at 5:18 pm,
          OOTB Jerry says:

          maybe debate is not a good word…….discussion……

          • On January 25, 2018 at 10:08 pm,
            Excelsior says:

            Thanks OOTB. It was a debate/discussion.

            I appreciate ya man!!

          • On January 26, 2018 at 4:09 am,
            OOTB Jerry says:

            Ditto……and I as well, appreciate ya……..but I’ve “told ya” that before… 🙂

          • On January 26, 2018 at 4:47 am,
            Excelsior says:

            hehe Thanks !

  3. On January 25, 2018 at 12:35 pm,
    b says:

    https://youtu.be/e0C_qG5U7pE
    cody snodgres

    This is an hour long, quite the story, at the end, he points out Obama and clinton are traitors and points to the proof.

    oh ya, and isis is an american army, in case anyone didnt know by now.

    • On January 25, 2018 at 4:50 pm,
      OOTB Jerry says:

      Good listen , ….

  4. On January 25, 2018 at 1:03 pm,
    OOTB Jerry says:
  5. On January 25, 2018 at 1:09 pm,
    CFS says:
  6. On January 25, 2018 at 1:27 pm,
    CFS says:

    Tesla truck seen on the road in CA.

    https://youtu.be/kCH9GU-SAY0

  7. On January 25, 2018 at 1:46 pm,
    OOTB Jerry says:

    Deep State……did not count on this one ……NKand South Korea to unit…….
    https://www.zerohedge.com/news/2018-01-25/north-korea-calls-koreans-push-unification

    • On January 25, 2018 at 1:48 pm,
      OOTB Jerry says:

      A thaw in North-South relations that began early this year as North Korean leader Kim Jong Un and South Korean President Moon Jae-in has accelerated into a full-on reversal. To wit, North Korea on Thursday issued a rare message for “all Koreans at home and abroad,” saying they should make a “breakthrough” for unification without the help of other countries, its state media said.

      • On January 25, 2018 at 2:30 pm,
        irishtony says:

        Jerry…I pray to GOD that north & south reunite, & tell the US to get stuffed, if it happens China & Russia will plow a huge amount into the country, so it becomes another part of the silk road. And if that “SHOULD” happen then it wont be long before Japan follows suit. Then US influence in Asia would die……IMO.

        • On January 25, 2018 at 2:45 pm,
          OOTB Jerry says:

          Irish…….I hope they unit, so the deep state war machine goes out of business……

          • On January 25, 2018 at 3:25 pm,
            OOTB Jerry says:

            unite…not unit……

          • On January 26, 2018 at 8:43 am,
            Ebolan says:

            Hell, I hope so, too. Just think if they united…maybe after over 6 decades our troops could finally come home and we’d save a fortune….of course the MIC would have none of that.

          • On January 26, 2018 at 8:50 am,
            OOTB Jerry says:

            If, McCain departs this world, then odds are good, that there is a better chance for peace,…however, I bet there are ten others looking to fill his seat of greed….
            MIC….Military Industrial Congress

          • On January 26, 2018 at 8:52 am,
            OOTB Jerry says:

            Lockheed , needs to be locked Out……….

          • On January 26, 2018 at 8:52 am,
            OOTB Jerry says:

            Bushs, need to ride the last missile out

  8. On January 25, 2018 at 2:25 pm,
    b says:

    geez I hope thats true, I would love to see Korea together.

  9. On January 25, 2018 at 2:45 pm,
    Mike says:

    Honestly … been hearing about Comex options for (seemingly forever).

    I haven’t been able to get my head around this (although I do look at the speculative (dumb) money versus the commercial (smart) money positions) … I have usually been on the dumb money side (probably because of what I know about the markets and positioning).

    If anyone has some good links to help disfunctional participants in this market (like me) it would be greatly appreciated!

  10. On January 25, 2018 at 4:22 pm,
    CFS says:

    Trump just crossed over to the dark side.

    His bargaining starting point for negotiation is to make 1 million illegals that never even bothered to sign up for DACA legal.

    My conclusion is that he needs to re-read The Art of The Deal.
    I wonder if that book was ghost written.

  11. On January 25, 2018 at 4:58 pm,
    CFS says:

    METALS INVESTOR FORUM VIDEOS LIST January 2018 with one-click to youtube

    https://www.youtube.com/user/BeneathTheSurfaceBTS/videos

  12. On January 25, 2018 at 6:20 pm,
    CFS says:

    Finally Obama shows signs of fear over FIFA illegalities, by hiring lawyers to represent him.

  13. On January 25, 2018 at 7:00 pm,
    CFS says:

    OFF TOPIC, but needs to be heard, even if preaching to the crowd:

    Millions of deceased and illegal voters have been discovered by the Department of Homeland Security (DHS) in an investigation the Democrats are desperately trying to cover-up.

    Pew Research suggests that 1.8 million registered voters were found to be deceased, a further 24 million had invalid voter registrations, and 2.75 million people illegally registered in more than one state.

    Conservativedailypost.com reports:

    While underage voting is a problem with 292 minors voting during the 2016 general election, the dead people casting ballots is more concerning.

    The presidential commission uncovered 45,880 voters who cast ballots in the 2016 presidential election who were more than 115 years old, many of whom were born before 1700.

    These numbers are vastly under-reported because of the commission’s inability to get states under a democratic stronghold to comply with voter information request.

    In many states the voter fraud is so rampant they have more people on their voter rolls than actual eligible voters in the state. Alaska, California, Colorado, Washington D.C., Indiana, Kentucky, Maine, and Michigan all had more voters on the rolls than eligible citizens. Considering not everyone eligible to vote indicates an enormous amount of fraud being perpetrated in an effort to rig elections.

    Non-citizens voting in our election is also a rampant issue. Virginia is not a hotbed for immigrants, illegal or otherwise, and it still saw 7,474 non-citizens cast ballots in the state. Because Virginia is a swing state, it is especially important that their election results are not tampered with by foreign nationals in our country trying to rig elections. California did not comply with the Presidential Commission, had they done so, it is likely the number of non-citizens voting in the golden state would have been of astronomical proportions.

    The commission also found that over 45,000 people voting in the 2016 presidential election cast ballots in multiple districts, voting multiple times. People are district hoping to multiply their votes and the Democrats are unconcerned with the impact of this unscrupulous behavior and have blocked all attempts to purge the rolls of these bad actors.

    Democrats often fight voter identification laws which would force citizens to provide ID before casting ballots in our elections. President Trump finds the policy of allowing people with no ID to vote to be absurd, stating in a Tweet, “As Americans, you need identification, sometimes in a very strong and accurate form, for almost everything you do…. Except when it comes to the most important thing, voting for the people that run your country, Push hard for Voter Identification.”

    Democrats are fighting to keep the voting system in America virtually unregulated. While the evidence is clear that millions of ineligible voters are capable of casting ballots each year in our elections, Democrats have no interest in correcting this. They are protecting their illegal immigrant voters, their non-citizen voters, their dead voters, and their ineligible voters because they help keep the scales tilted in their favor. For Democrats winning elections is the most important thing, and if that means condoning, encouraging, and protecting criminals, so be it.

    With DHS taking over the investigation, election officials will be subject to prosecution as will illegal voters. Democrats will also be unable to obstruct their efforts by filing frivolous lawsuits and blocking the release of crucial information requested. The law enforcement agency will have far more latitude on how it pursues the case moving forward, with far more resources and reach than the Presidential Commission had.

  14. On January 25, 2018 at 7:10 pm,
    CFS says:

    If you read the above, perhaps you will understand why I am calling for the criminal indictment of all Mayors who run sanctuary cities and illegally shield illegal immigrants.
    Also the governors of Sanctuary states who spend federal welfare money on illegals should have federal grants suspended.

  15. On January 25, 2018 at 7:25 pm,
    Dick Tracy says:

    If North Korea and South Korea re-unite, Trump should get some credit for exposing The North’s nuclear capabilities. The North only wants to negotiate because they can’t get away with lying about the nuclear weapons they were building in ever increasing numbers and sophistication. After a few more years they could inflict Armageddon on anyone they chose.

  16. On January 25, 2018 at 10:11 pm,
    Excelsior says:

    If you own Bitcoin, here’s how much you owe in taxes

    Kyle Walsh – 6 hrs ago

    https://www.msn.com/en-ca/money/markets/if-you-own-bitcoin-heres-how-much-you-owe-in-taxes/ar-AAvbgj7

  17. On January 25, 2018 at 11:38 pm,
    CFS says:

    from the land of fruits and nuts….

    http://reason.com/blog/2018/01/25/california-bill-would-criminalize-restau

    I wonder why so many nuts are in the legislature though.
    6 months jail for serving a drink with a straw…..obviously the nut who introduced the bill does not have any two year old children.

    • On January 26, 2018 at 1:02 am,
      Wayne says:

      They aren’t nuts, they are practical atheists. They are acting in accordance with their theology: no God means man is god, man is his own ultimate authority, he gets to do what he wants. Calling them nuts isn’t an argument.

  18. On January 25, 2018 at 11:47 pm,
    Excelsior says:

    David Skarica: Gold Set to Break $2,000 in 2019

    January 25, 2018 – Collin Kettell – Palisade Radio

    http://palisaderadio.com/david-skarica-gold-set-to-break-2000-in-2019/

  19. On January 26, 2018 at 12:09 am,
    CFS says:

    When is the DOJ going to Indict John Kerry for violation of the Logan Act?

    http://www.jpost.com/Arab-Israeli-Conflict/Kerry-to-Abbas-confidante-Stay-strong-and-do-not-give-in-to-Trump-539643