Jordan Roy-Byrne - Techncial Commentary – Wed 6 Jun, 2018

Similarities To 1999-2001 – Interest Rates, US Markets, PMs and Commodities

Jordan Roy-Byrne joins me today to share his thoughts on the similarities we are seeing in the financial markets currently compared to 1999-2001. We discuss the current trend in interest rates, US markets (particularly tech stocks) and overall commodities.

Click download link to listen on this device: Download Show

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Featuring:
Jordan Roy-ByrneCory Fleck
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Comments:
  1. On June 6, 2018 at 3:57 pm,
    Markedtofuture says:

    CEO Mark Kolebaba of Adamera Minerals Corp. (OTCPink: DDNFF) – June ’18 update

    CEO Mark Kolebaba of Adamera Minerals Corp. (OTCPink: DDNFF)(TSX.V:ADZ), rejoins Stock Day to give an update on high-grade gold discovery projects in Northeastern Washington state and recent drilling results.

    https://www.youtube.com/watch?v=e65G00JiiAc

  2. On June 6, 2018 at 4:21 pm,
    Markedtofuture says:

    Robert Lambourne:BIS intervention in gold remained steady in May

    Submitted by cpowell on 04:55PM ET Wednesday, June 6, 2018. Section: Daily Dispatches

    By Robert Lambourne

    Wednesday, June 6, 2018

    The Bank for International Settlements has published its May statement of account, giving limited information on its use of gold swaps and other gold-related derivatives during the month:

    https://www.bis.org/banking/balsheet/statofacc180531.pd f

    The information provided by the BIS monthly statements is not sufficient to calculate a precise amount of gold- related derivatives, including swaps, used by the bank, but it appears that the bank’s total exposure as of May 31 was around 415 tonnes of gold, which is essentially unchanged from April’s 420 tonnes.

    This compares to estimates of 360 tonnes, 525 tonnes, 580 tonnes, 450 tonnes, 600 tonnes, and 570 tonnes, respectively, at the February, January, December, November, and October month-ends and an audited swaps figure of 438 tonnes as of March 31, 2017.

    It seems that the BIS is continuing to trade actively in gold derivatives and the amounts disclosed each month have been following an irregular pattern.

    When it comes to its activities in the gold market, the BIS provides little information on what it is doing, why, and for whom. The bank has refused GATA’s request to explain its involvement in the gold market:

    http://www.gata.org/node/17793

    This lack of transparency fuels suspicion that the bank’s trading is related to official efforts to suppress the gold price.

  3. On June 6, 2018 at 10:20 pm,
    Excelsior says:

    (SVM) Silvercorp Reports Net Income of $47.0 Million, $0.28 Per Share, for Fiscal 2018

    May 24, 2018

    https://ceo.ca/@nasdaq/silvercorp-reports-net-income-of-470-million-028

    • On June 6, 2018 at 10:21 pm,
      Excelsior says:

      (SVM) Silvercorp Declares Increased Dividend

      May 28, 2018

      https://ceo.ca/@nasdaq/silvercorp-declares-increased-dividend

      • On June 6, 2018 at 10:23 pm,
        Excelsior says:

        “In November 2016, in light of improved operations, financial results, and a growing cash position, the Company re-instated dividends, declaring a semi-annual dividend of CAD$0.01 per share (CAD$0.02 per share on an annual basis). In May 2017, the Company slightly increased the dividend by making the payment in U.S. funds rather than Canadian funds. The current 25% increase of the dividend marks the third time in three years that the Company has rewarded shareholders by increasing the payment of dividends.”

  4. On June 7, 2018 at 1:31 am,
    Excelsior says:

    Gold Is A Better World Currency Than The US Dollar – Peter Schiff

    Cambridge House International – Jun 6, 2018 #VIDEO

    https://www.youtube.com/watch?v=lgeRxBksSEE