A reversal in gold and a select PM stocks popping today
Gold was looking like it was going to challenge $1,200 today but got a bounce mid day. PM stocks followed but there were a couple that had a very nice move. This could be due to the political news from Donald Trump Jr. but from aย technical perspective we are due for a bounce. The question is how high can it go?
Click download link to listen on this device: Download Show
The question is how hig can it go….
To the moon i tell yeh, to the moon…………..
Somebody please lower the moon.
Full moons are bigger, so closer; no?
BOE have a meeting this week where they are discussing interest rates also.
OH goody, cant wait to hear carny spew more garbage
ooops….carnEy
“E” for effort.
Hard to believe people are so stupid..believing any Central bank
Yes batshit stupid people believe anything they are told, they have lost the will to think for themselves.
Talking of batshit crazy…..Go long folks, go long……
http://www.zerohedge.com/news/2017-07-11/whats-safest-investment-troubled-times
Short the sh##, not enough to go around, …,Owl has cornered the market on this trade.. ๐
Silver headed higher.
Repubs are worried, cancel vacation for two weeks…the retards better get it together ,the SHEEple are ticked.
HOW DARE YOU CALL ME A SHEEple…………….
Internally we call you the shepherd of sheeple….. (and even more internally a scallywag). ๐
As noted below we finally agreed on the “Keeper of the Flock”.
It’s like being the Leader of the Pack, only with robes instead of leather jackets, and a wee bit more hillside.
There is Now Enough Evidence to Indict Comey or Snowden Should be Pardoned – Armstrong
Double standards are not going to cut it going forward…..the cat is out of the bag.
Funny the witch did not get elected…..
Recall and replace, congress.
Spot on..term limits for those retards
You’re not a SHEEple ,..more like ,keeper of the the Flock ed.
Posted in wrong spot…..
+1 IrishT is the “Keeper of the Flock” ๐
๐
Bank of Canada to raise interest rates tomorrow?
Not going to help the real estate mkt
OOTB,
Real estate housing will be slow for the next few months. But we are currently at the bottom” of farms and land! It’s time to buy farms and land right now. I care not what others opinions are on that, I know what the market is doing.
I am not sure I agree with you..
Zerohedge has an article out….indicating suburbia is being hit with poverty .
The majority of people are paying close to 50percent of income for shelter. There are still parts of the country where people are still upside down on their property.
The other portion is taxes ….then they become the slave…
Farm ground..still needs to be worked…machines are still expensive ,and if you are not working 1000 plus ,I doubt you will make it.
Mortgage applications plunge….zh
Rick might want to have his real estate agent read the report…. she should also be told it is not always location,location location…
RBS….settles ,$5.5 billion mortgage security fraud…..zh
Just more of the criminals running the asylum
Land is going to blast off.
Land is a big tax target…. ๐
The federal gov’t owns 85 percent of the land in Utah….interesting l think
What price and where are you looking?
It looks like it’s time for a rally in the gold miners:
http://stockcharts.com/h-sc/ui?s=%24GDM&p=D&yr=1&mn=0&dy=18&id=p85244989602&a=528708013
Silver looks ready to outperform gold for awhile:
http://stockcharts.com/h-sc/ui?s=SLV%3AGLD&p=D&yr=0&mn=6&dy=11&id=p04166260730&a=533646134
Amust listen.
by G. Edward Griffin
Real gem you found there, Mr. CFS.
I’ve heard a bunch of Griffin speeches and presentation. Never heard that one.
How many SHEEple would even take time to listen to this subject matter…more would rather play golf,or watch cnn
Not listening might be wise.
There is nothing to be done about it.
Well, other than Eisenhower using the 8th army.
Protect yourself…
Really good….THANKS
Abolish the Fed and 16th
I believe Prof. Griffin has missed one point.
Part of the purpose of the income tax is to allow politicians to curry favor with certain citizens and thereby gain votes.
No matter the details, the entire purpose can be summed up in one word: control.
absolutely.
Term limits might eliminate the “curry”.. ๐
Political curry can be quite stinky….
Agreed on placing term limits, so they get in, take the hard stand that they were elected for, get work done is a limited time, and get out so someone else has a go at it.
Lifetime politicians that foster relationships with lobbyists and special interest groups is what spawns the corruption, and their desire to get re-elected quite often stands between them voting for what is right versus what makes them look good. 4 years or 6 years and bu-bye….
Eliminate the Fed…
The above Griffin pod cast …is a great listen to
Until the criminals are kicked out, nothing can change
Important moving weekly averages for gold:
http://stockcharts.com/h-sc/ui?s=%24GOLD&p=W&yr=4&mn=2&dy=0&id=p90223744808
Goldman Sachs warns that oil could plunge below 40 dollars per barrel. The reasons are obvious ….. increasing supply from all avenues are just too great to handle the decreasing demand for oil.
(providing no breakout of war)
IPT finally reached a level that I’ve been watch for a long time (it wasn’t long ago that I doubted it would make it):
http://stockcharts.com/h-sc/ui?s=IPT.V&p=W&yr=3&mn=3&dy=22&id=p30048681076&a=533531451
Thanks Matthew. It may be time for me to throw another round of IPT shrimp on the barbie…
Ross Clark recently mentioned that the Canadian dollar would make it to about 78 before taking a break but it looks like it will go significantly higher…
http://stockcharts.com/h-sc/ui?s=%24CDW&p=W&yr=4&mn=2&dy=0&id=p58037566296
Well I didn’t expect it to be significantly higher in just two hours!
Sold some loonies just now, fwiw.
Anyone here load up on TAHO this week after its tumble from 8.5 to under 5? I felt I should buy at 4.95 but just stared like a deer into headlights.
For the third time since March, SLV found support at the same 50% Fibonacci fan line:
http://stockcharts.com/h-sc/ui?s=SLV&p=W&yr=5&mn=6&dy=0&id=p91740751892&a=532172659
The Canadian dollar is showing more strength than it did during last year’s big run:
http://stockcharts.com/h-sc/ui?s=%24CDW&p=D&yr=1&mn=7&dy=0&id=p78284186485&a=477198301
Palladium has continued to look very strong, and hardly anyone has been discussing this industrial and semi-precious metal all year long. The stocks that actually mine or explore for both Palladium and Platinum have not had a very good run either so there is a real disconnect going on in the PGM space. Platinum should actually start to perform better relative to Palladium and Gold over the next 12 months, and I’d expect a few of the miners to begin recovering a bit.
Chart – Jim Wyckoff
Wednesday July 12, 2017
Darn – that chart I posted from Jim defaulted to Gold, but if you go down under the chart and click on “Palladium 1” you’ll see how well it has performed as of late.
They’re keeping Bammycare…next stop, single payer after Ryancare implodes…
Exclusive โ Sen. Rand Paul: Senate GOP Decides to Keep Obamacare
Really…….that should prove the entire 535 scum bags….need to be kicked out. Term Limits….
Sad…..so sad
Here’s what Ryancare, McConnelcare, Trumpcare, Romneycare 3.0, Bammycare 2.0…whatever you want to call it will do
And . . . the best that is offered is Obamacare-lite: keeping the Obamacare subsidies, keeping some of the Obamacare taxes, creating a giant insurance bailout superfund, and keeping most of the Obamacare regulations.
Part of the scum ville for politicians………wealth to the politicians, lobby groups, and to hell with the American people……
Problem is that generation z……is broke…….no way to pay.
Generation z, 54% of that group…..are upside down on credit card, and student loans, and the basement dwellers are not going to be put on mommy and daddies healthcare plan.
http://www.zerohedge.com/news/2017-07-11/tuesday-humor-public-union-files-grievance-against-poison-ivy-eating-goats-stealing-
Its silly humour time again.