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Is the best policy for central banks to let it all reset?

Cory
September 8, 2016

Craig Hemke from TFMetalsReport.com joins us to discuss the moves we saw in gold earlier this week. The conversation then shifts to central bank policy and and the end game. Is the best thing that can happen really a full on reset or collapse?

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Discussion
9 Comments
    CFS
    Sep 08, 2016 08:38 PM

    NULGF Nulegacy gold up 35% on very high volume…..looks like someone bought 5 million shares.

      Sep 08, 2016 08:07 PM

      9/2 @ .25 was the time to buy.

    CFS
    Sep 08, 2016 08:44 PM

    Good drill results

    NuLegacy Intersects Higher Grade Gold Mineralization
    Marketwire Canada via CMTX – Wed Sep 07, 5:31AM CDT

    Continues to expand the Iceberg gold deposit

    RENO, NEVADA–(Marketwired – Sep 7, 2016) – NuLegacy Gold Corporation (TSX VENTURE:NUG)(OTCQX:NULGF) reports assay results from five reverse circulation holes drilled during August in its 100% owned Iceberg oxide gold deposit. The primary target is the shallow Carlin-style oxidized gold mineralization within the 3 km long and 0.5 km wide Iceberg gold deposit in the Cortez gold-trend of north-central Nevada.

    Highlights from the infill and step-out drilling expanding the North zone of the Iceberg include:

    2.16 grams per tonne gold over 21.3 meters (70 ft.) including 6.09 g/t gold over 4 .6 meters in RHB- 82,

    1.63 g/t gold over 10.7 m and 0.59 g/t gold over 24.4 m in RHB-83,

    1.28 g/t gold over 18.3 m including 2.36 g/t gold over 7.6 m in RHB-84.

    CFS
    Sep 08, 2016 08:51 PM

    But continuous injection of money into the system is insanity.

    It is building a house of cards. AND WE ALL KNOW WHAT HAPPENS TO A HOUSE OF CARDS THAT GETS TOO HIGH!

    You’re wrong Big Al, we cannot grow our way out of this mess without the right policies.
    i.e. cut taxes, reduce regulations, REDUCE GOVERNMENT DRAG ON THE ECONOMY.

    I see none of the correct government decisions being made.

    I just see corruption, croneyism, greed everywhere.

    Sep 08, 2016 08:59 PM

    I agree, CFS.
    We are about to see the 8 year cycle and a repeat of 2008. Only this time it will be a different outcome. Wall Street looses this one, a Main Street will win!

    There will be no QE…

    http://www.zerohedge.com/news/2016-09-08/fed-tells-congress-restrict-banks-buying-stocks-commodities

    CFS
    Sep 08, 2016 08:27 PM

    Chartster, LOL.
    You seriously think Congress would cut off their lobbyist funds.

    America has the best government that can be bought.

    Sep 08, 2016 08:29 PM

    Most of the incumbents are about to be replaced.

    Sep 08, 2016 08:22 PM

    A panic, anything is better than a panic, The Federal Reserve will do anything to avoid a panic. You never want negative attention to shine the light on a failed institution. DT

    Sep 09, 2016 09:58 AM

    Will The Dollar Crash At The End Of September?

    https://www.armstrongeconomics.com/markets-by-sector/foreign-exchange/usd/will-the-dollar-crash-at-the-end-of-september/

    When a doomer cries “wolf” all the time the crowd eventually ignores the obvious marketing theatrics/pumping.