Monday’s Market Opinion and Close
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Cfs…just saw your note at Doc’s section on 1307, and I AGREE
Gold is worth closer to $1700.00 USD
Gold is doing something it’s only done twice in the past decade
Gold may be worth more than what traders have decided is the spot price.
There’s a correlation between gold price changes and the rate at which central banks bought assets to expand their balance sheets, according to Deutsche Bank’s Michael Hsueh and Grant Sporre.
And the pace of balance-sheet expansion — by 300% since 2005, according to the analysts — indicates that gold could be worth more.
They wrote in a note on Friday:
“Let us be clear; we are not saying that gold will trade up to USD1,700/oz in the near term, but when viewed against the aggregated balance sheet of the ‘big four’ global central banks (the Fed, ECB, BoJ and PBoC) the argument can be made if we view gold as a currency, the metal is worth closer to USD1,700/oz, versus the spot price of USD1,326/oz.”
http://www.businessinsider.com/gold-and-central-bank-balance-sheets-2016-8
Weiner’s wife Huma Abedin is finally leaving their marriage after he got caught again sexting, where do these people earn their money, why in The Government of course, a real employer would have fired them long ago. Just ask Donald Trump! DT
No wonder she kept her maiden name..who wants to be called…. Huma Weiner
Kinda like Dick Tracy
This is a joke of course, but maybe I can convince Maple Leaf Foods to come out with a new ballpark frank, called “Little Anthony”. LOL!
Picture should have Little Anthony covered by a fig leaf
Hah! Jerry, you kill me.
Hillary and her minions offer a never ending buffet of buffoonery.
Ditto
Hilly and Billy. Charity Fraud…..Usawatchdog This could be a Big One. Hilly’s brother gold mining in Haiti, this is gold mining connected and political.
Jerry,
Hope all’s well.
This Haiti mining thingy is ooooooold news.
Best to you,
LPG
Hello Propane, life is a beach. (Missing the wild surf) Haiti is old news. The issue of FRAUD by the Clinton Foundation is A New Thought.
Clinton Foundation could be facing State prosecution, accounting short comings ,
Donors, like Bill Gates, and other heavy weights ,might have some accounting issues
Hello Jerry,
Got it re: the Foundation. I didn’t get that bit in the first place.
Cheers,
LPG
Propane….
Sorry for the confusion,…I was trying to tie politics and mining together ,so Cory would not get excited. 🙂
Jerry did you read the comments section?
No, but I will. .
The Clinton’s are bad news ,the paper tail is all there, in plain view.
Forgot the …r…trail
Marty , Gina is a troll. Her comments are a joke to anyone who has done their homework.
Markedtofuture…not Marty…sorry
Greg Hunter was trying to convince he-she ( Gina- Weiner?) to get an interview with HC to dispute the charges. They say this stuff doesn’t effect the markets? It may be time to go long OFFICIAL PARDON rubber stamp makers.
That Greg Collins comment was classic. If you click on his name it goes to http://msfraud.org/
Ditto on rubber stamp and Collins classic comment.
I see Rev Andy got a comment in, Good work Andy
I would not be so anxious for a deeper gold price correction, given that interest rates declined against commodity prices today. As for $VIX related ETFs, I found that using a log scale chart to emphasize the down draft in these ETF prices, all of which have done miserably, you can make sense of the bearish price move and see the low. What you might anticipate is a miss in employment numbers Friday.
It looks like we could be seeing the uranium bottom in the next 6-12 months. I’m going to be keeping an eye on this.
People have been saying that on here for a few years 🙂
When I look at my personal positions its currently a mixed bag for me in the Aussie uranium sector Bob.
Several stocks are up (for me) 50+ & 86+%.
But I have others down 17+ & 21+%.
That said I’m adding occasionally.
….but maybe I’m a fool for doing so?
Anyhoo Cheers.
Another good hole from Gold Standard Ventures in the Carlin trend:
http://goldstandardv.com/gold-standard-intersects-8-5m-of-11-16-g-aut-within-65-6m-of-3-17-g-aut-at-the-north-bullion-deposit-railroad-district-carlin-trend-nevada/
Movement into fertizilers today….POT, AGU. Both have reasonable P/Es.
fertilizers
I’m interested in both fertilizers and fertizilers…. the world needs both.
Best P/E of the group is CF with a 5% yield.
The ETF is SOIL.
Another big one is MOS on the move.
Yep, I’ve been accumulating MOS throughout the year.
In recent history, SQM has been a good performer, but is now overpriced.
TNH is a sleeper that should perform well.
M&A Signaling Market Bottom in Agriculture and Fertilizer Stocks?
Aug 30, 2016
I agree with 321gold, the following piece is a must-read:
Escape the World’s Biggest Racket — Politics and the Age of Decentralization
Great article and depressing
This is a MUST read…jmho
1307 is the number without a chart