The data and news moving the metals this week
We recap the data and news that have moved the metals markets over the past 2 weeks. Craig Hemke joins me as we look at the follow through we should all watch this weekend as geopolitics have continued to play a roll moving gold higher.
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They dropped one of those in Vietnam as a test. It was the most useless weapon of the war.
I believe they are attempting to cave in tunnels that al-Qaeda uses.
Whether they will succeed is a different matter.
I know they used a bomb in The Vietnam war called the daisy cutter which was dropped using a parachute, this new bomb is much more accurate because it guides itself to the target with GPS. If you are caught within a one mile radius you won’t survive the concussion. I would not want to be in an underground facility directly below this blast either. You would probably not survive the implosion. DT
In the context of saying that he prefers a low-interest rate policy, Trump also said that he will probably not reappoint Janet Yellen in January of next year. Obviously, one way that Trump could take undermine the U.S. dollar is by appointing a new Fed chair who is even more dovish than Yellen. I don’t believe that Trump has ever publically mused about the possibility of not reappointing Yellen in the context of wanting a lower federal funds rate. In light of Trump’s comments, why is no one discussing the possible of impact on the USD and gold of Janet Yellen being dismissed and a new Fed Chair who prefers a weaker dollar and lower federal funds rate being appointed?
Michael Belkin thinks the Fed is going to panic and turn around on policy in not distant future according to his KWN interview. Good to hear Belkin but Eric King’s hyping annoys me.
CIA director bashes wikileaks………Trump’s cabinet once again turns on who helped him defeat Hilly…..
Trojan horse…..inside the castle………jmo
BIg nothing day in gold…………
Silver….the worst 15 year investment you could have made?
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“Ponder that one, tune out the lies, the hype, the bullshit, tune out the “unprecedented demand” and put it into a context. There are numerous wars occurring, the war rhetoric is now being intensified with more aggression and yet silver is at a paltry 18.50. It’s been over 6 years, 6 years in which there have been more bailouts, more wars, more thefts (Cyprus) and yet the realitu is most people could give a shit about silver.
The Comex is still the Comex, the Shanghai Exchange is fully up and running, premiums are still very small on silver, what’s more, real, sizable capital is not moving into the metals but instead massively into cryptocurrency. Now that is my fault for being suckered by the silver sales people but is irrefutable.
Was silver a bad investment in theory? nope, but given the fact that the dollar is evidently not toast (like so many in hindsight illogically predicted) we are going to be waiting many years for there to even be a return to the $40 level. By which time of course when factoring in inflation the losses will be overwhelmingly awful.”
silver stealers.net………..great article……..silver is more manipulated than the govt……lol
Not a lot of green today, anywhere, except for holders of physical. Good thing they closed the markets on time. Selling was picking up and all three major indexes closed on their absolute lows. Easter weekend is just getting started. Monday will be interesting.
When you’re a paid promoter you’ll pump anything for $1 as long as it’s bullish.
Was this just more silly, delusional, desperate psycho-babble back then or simply another Maguire inspired paid for contrived B.S. narrative to keep everyone from bailing out?
Read very closely…
“Hmmmm….let’s see. Was it HOT? Yes, most definitely. Real, real hot. How about EXPLOSIVE? Ehhh, kinda. Silver from $27 to $35 ain’t too shabby but not necessarily explosive. HISTORIC? Definitely not. Nothing historic about it. Lots of new longs and lots of fresh paper shorts, happily supplied by The Cartels. So, summer passes without an “HEH” move. Again, hmmmm. I wonder what’s next?
“I guess there’s no sense in me going over the details again. 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.”
https://www.tfmetalsreport.com/blog/4209/summer-ends#comments
The guy’s a paid promoter and a crackpot.
And he’s still giving advice and synthetic analysis while silver is at $18? Lol!
The evidence mounts (that there is no evidence)….
I’ve recently started a site, the info you provide on this website has helped me tremendously. Thanks for all of your time & work.
http://rakeworld.com/index.php?do=/blog/36140/a-couple-of-fabulous-methods-on-pest-control-prices/
OFF TOPIC:
Is this another warning to Korea?
http://www.dailymail.co.uk/news/article-4409772/US-drops-biggest-non-nuclear-bomb-combat-time.html