A Focus On Silver And The Correlation To Gold Stocks
Craig Hemke joins me today to chat about the correlation between the silver price and the HUI chart. With gold as the anomaly, trading at the higher part of its range, silver and gold stocks still are struggling to get the same upward momentum. We also look at the CoT reports and direction of the commercials position.
Click download link to listen on this device: Download Show
Click here to visit Craig’s site for more metals commentary.
same playbook, same characters , what would anyone expect….it does not cost them a dime…
Like Venezuela………Fraud running rampant
Until the FED is ENDED…….nothing good can come of this system….
Curiously, before Powell’s remarks were dropped, both Dudley and Rosengren were on the tape this morning talking super dovish about QE as “useful to have in the toolkit for those times when the short-term interest rate tool may not be available,” adding that The Fed is “quite likely” to require large-scale asset purchases again because real rates will remain low due to slow productivity and labor-force growth.
https://www.youtube.com/watch?v=Vyuv6fArlb0
John Rubino latest.
Precious Metals Producers Panel: McEwen, Rickards, Neumeyer & Megaw
Cambridge House – Feb 22, 2018 #VIDEO
This guy is a true bore
St. Angelo crash prediction:
https://www.youtube.com/watch?v=Emixf1uKMLw
Venezuela Orders Government Services to Accept Any Cryptocurrency
14 hours ago | Kevin Helms
“Venezuela’s president Nicolas Maduro has ordered the country’s consular services, as well as several other services and gas stations, to accept any cryptocurrency including the nation’s own petro. In addition, he has announced the launch of another cryptocurrency, this time backed with gold.”
https://news.bitcoin.com/venezuela-orders-government-services-to-accept-any-cryptocurrency/
per Smith
Conventional fraud is against the law; control fraud is legal because it benefits those who make the rules. If there is no transparent mechanism for converting petros into oil that can be sold and delivered in the global marketplace, then the petro is nothing but a central-state control fraud: those foolish enough to believe the con that the petro is “backed by oil” will end up with a worthless token.
The Canadian dollar is just above multiple supports and is holding its own today. Notice the imminent crossing of the 200 dMA and the 600 dEMA. The two haven’t been in bullish order for almost five years:
http://stockcharts.com/h-sc/ui?s=%24CDW&p=D&yr=1&mn=0&dy=9&id=p49125741743&a=579387550
UUP is just below some resistance levels:
http://stockcharts.com/h-sc/ui?s=UUP&p=D&yr=0&mn=5&dy=9&id=p18818795673&a=579053933
INsane……..FBI…..ask for additional $300 Billion….
https://www.zerohedge.com/news/2018-02-23/fbi-corrupt-and-incompetent-pelosi-says-give-em-raise
Not three days after the FBI’s gross malfeasance and incompetence in their mishandling of the Parkland Florida massacre, these cretins have the unmitigated gall to publicly ask for another $300 million to add to the FBI’s budget.
It’s to combat Russian Trolls.
Seriously, I kid you not.
If there is anything this sordid period of U.S. history should teach the average person it is that these people work for themselves and not for us.
(MXSG) Mexus Gold
Sale of gold confirmed from test run at Santa Elena mine; Ures property nears production
February 16th, 2018
Sale of gold confirmed from test run at Santa Elena mine; Ures property nears production
SONORA STATE, MEXICO, February 16th, 2018 (GLOBENEWSWIRE) — Mexus Gold US (OTCQB: MXSG)announced today that a small amount of gold has been sold as a result of its joint venture operation at the Santa Elena mine.
MXSG has sold off very hard through 2017 because they took all year to get their production figured out, but now in Feb 2018 they have started producing from the leach pad and most of the marketplace has forgotten about Mexus.
I could easily see this being a 10 bagger over the next year. Just my 2 cents….
I missed it’s run in 16. ( Excelsior was pounding the table)Been waiting for her to come down, so Wednesday I bought a position. Thanks Excelsior for the information.
Hey Ex, what’s your thoughts on the outstanding shares, also with all those shares would mexus pull an Anaconda?
It appeared that the Federal Reserve stepped in to support the stock market today.