The currency market moves have been crazy this year
Craig Hemke is with us this week to focus on the movement in currencies. The USD downtrend continues and is back to levels not seen since the election. This is quite the change since dollar bulls dominated the market as we moved into the end of 2016. Trump can be thanks for this lower dollar but the Fed also seems willing to let the dollar continue down. All this has been very supportive for gold.
Click download link to listen on this device: Download Show
How’d this analysis turn out?
“Yes, I expected some historic, explosive price action this summer. Not knowing the true timeframe, I asked for the period 6/21 – 9/21. Nuts. Didn’t Hasn’t happen(ed). All we can do now is continue to wait. In the meantime, I’m at least gratified by the fact that I pleaded with you all summer to buy and add to your stack while silver was bouncing between $26 and $28. Since there are still folks out there who criticize me for suggesting you buy at $47, I can now rightly claim that anyone who followed me at $27 is just $2 away from being even. (For the mathematically challenged, 47+27 / 2 = 37.) And, rest assured, $37 is right around the corner as is a return to $47 and beyond.
“Very soon, ACQUITTAL will be at hand and VINDICATION will be ours. In the meantime, we’ll just watch the metals grind forward in their Cartel-enforced pattern of “managed ascent”… ”
http://www.tfmetalsreport.com/blog/4209/summer-ends#comments
There’s a term for those who make up synthetic words or subjects out of thin air. HEH anyone?
“The term protologism describes a word, acronym or phrase which has been coined in the ‘hope’ that it will become accepted into usage.
In other words, it’s an invention, a bit of linguistic creativity or B.S. which has not yet made it into general public consciousness but aspires to gradually squeeze its way into general usage through attempts to, quite literally, ‘spread the word’.”
DPH………”coined in the hope”………good one…… 🙂
What Ron Paul does not realize is that Iran FUNDED North Korea to develop missiles and got back that technology.
Obama was under the TOTALLY erroneous assumption that it would take Iran a decade to develop nuclear missiles, when the fact is that it would take three years…..two years to go.
Obama was not fooled by Iran. Obamas supporters are the ones who were fooled to put this pro-Iranaian traitor in the Whitehouse.
CFS:
You are back to your old one sided disinformation campaign. There are nuclear weapons but no nuclear missiles. A missile may carry a weapon but it is not a weapon and there are no nuclear powered missiles.
17 US intelligence agencies all agree Iran has no nuclear weapons program. Having the ability to do something is not the same as having the intention.
Benjamin Netanyahu’s wife is equipped to be a prostitute but that doesn’t mean she has the intention. But you knew that, you just wanted to see if anyone reading what you wrote was stupid or not.
Interesting how they are going to use their current missile technology as a defensive weapon, though.
You know, Mr. Moriarty, there is only one use for intercontinental ballistic missiles.
interesting cfs, what would Israels be intended for?
I assume an eye for eye in their death throws.
Is that not a Jewish belief?
And how does that give the United States the right to interfere in Iran’s affairs? Israel has intercontinental ballistic missiles. What exactly does Israel intend to do with them, bomb their own open air prisons?
Bob is on ….target……….. good one …..
Ha ha!!! +1
To this day, most Americans don’t know that the U.S. overthrew Iran’s democratically elected leader in 1953. Of course, after a lifetime of public schooling (programming), how could they care even if they did know?
good one Matt……..
CFS:
And Israel was the one supplying weapons to Iran during the Iran Contra affair. It’s only lately the Israel has determined they need another enemy to destroy.
Matthew: I guess the motto for the gov’t schools could be ‘dumbing and numbing’
I’m still waiting for someone to explain to me why Iran is the bogey man.
Is it because they are a military threat, or is it because they refuse to surrender sovereignty, and have a lot of resources? Or are they a threat to a Western Imperialist desire to keep Eurasia divided and weak?
McCalvany and Doug Noland…
Off Topic:
http://fredonialeader.com/2017/01/30/one-us-soldier-dead-three-injured-in-raid-in-yemen-us.html
This was a raid planned and designed by the Obama Administration.
Who was the idiot under Trump that authorized and used Obama’s plan?
Was it Trump himself?
CFS:
Presidents don’t plan military operations. All they do is sign off on them. The military planned this operation and wanted it done under a new moon. That couldn’t take place during Obama’s time left in office. Obama signed off on it and then Trump signed off on it. The military planned it and botched it, not the president. Trump didn’t screw it up, the military did.
My gold miners are strong, like bull! Snort! But my silver is weak like lamb! Baaa.
Netted 3.7% profit today on USLV stop-out. Up 26% on my ASM, 15% on my NUGT, and 3.5% on my son’s SLV.
How about you SHAD?
Yes – My Gold miners and Silver miners were mostly snorting and charging higher today. Thanks for checking, and tell stinky to stick with SLV until he’s a grown man.
My biggest bullish snorter today was a 28% jump in Klondike Silver. (thanks JohnK)
(KS) (KLSVF) Klondike Silver
“The Company’s assets include 68 past #producing #mines, a 100 ton per day flotation #mill in Sandon, and over 100 square kilometres of prospective exploration lands.”
Highly prospective for more #exploration into #development, and they are moving forward with a reboot.
Klondike Silver updated Corporate Presentation:
http://www.klondikesilver.com.update.editmec.com/i/pdf/brochure.pdf
KS is a more thinly traded stock (for now…), but I see it going up 280%+ not just 28%.
Right back at you.
Yellen is getting taken to the woodshed in congress……..I bet she does not make it to year end………..TRUMP WILL FIRE HER>……..jmo
Here is a good one……at zerohedge.
Student Debt bigger than they realized.
..not me, Ive been reporting on this for 4 years……….SCAM
GOING on Record………NEXT SCAM……….RENT TO OWN………
RENT TO OWN …with govt guarantee . ….there will be more foreclosures than the last time……..Blackstone is going to dump about 48,000 units, that they picked up cheap from freddie and fannie , on the taxpayer…….zerohedge (last week)
Two hundred dollar repossessed homes, …..which will go for $300,000 plus.
Blackstone…..to Blackrock, and i think the education secretary has links to the owner
Trump to sign executive order………undoing DODD FRANK
good article at zerohedge
Off Topic:
What Berkeley missed:
https://www.youtube.com/watch?v=HmtrDzmDhqU
2017 OTCQX Best 50 Companies
http://web.otcmarkets.com/otcqx-best-50/
Schiff on RT discusses EPA ….
Sorry, that RT report was yet another repeat!
Michael Rivero’s views on Soros, one world government and central banks:
https://www.youtube.com/watch?v=qg1b8YfYPbk
Before a word from the Administration was uttered, the Yen had topped about mid-December.
Thom’s been a busy boy.
http://thomcalandra.com/category/home-middle/free-blog/
busy indeed…
JPM…..back in court on SILVER RIGGING
lower court overturned…….marketslant feb 2
Latest Ron Paul:
https://www.youtube.com/watch?v=wfGx-028K_U