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That could be a catalyst to speed it up. Russia China and India are dumping the dollar and piling into gold. Americans still chase the USD for the zero coupon essentially keeping rates low and chasing the short end of the Yield Curve (like a stock)
Two Billion Muslims are now allowed to buy gold.
I can see gold and the USD running together. The Law of Parallel Currencies will manifest into the markets imo.
And they will go to jail. Trump is reversing these powers and these guys can't get past themselves to put the breaks on their reckless abandonment. Their agenda drives their foolishness and this will land them into a Federal Prison for 10 years.
They are going to lose or send the country into civil war in which case we will all are going to lose
Another administration I'd agree but this one might be different
I just read this a few minutes ago and it's very telling imo. Thanks for sharing bass
You don't have to take the medications manufactured and commercialized by big pharma. Sure there are anecdotal incidents of government overreach but one doesn't even have to go to the doctor if they choose not to.
Heart disease obesity diabetes are the culprits and every American can take charge of their own preventive lifestyle. The majority do not even though they have access to more lifestyle and healthcare information than any other foreign speaking country.
Indeed it's about to get interesting on the gold side. I see a cup and handle forming ~$1300 oz spot
I think the author is too generous when it comes to the Judicial Clown Show at the 9th Circuit. My money is on the blind squirrel and the broken clock
I thought it was strange
As a fund manager aren't you required to file ownership papers with that many shares? I didn't see any funds that hold 5% of the equity?
My apologies if I missed it
Was that per share or total?
Get off Facebook and write someone you care about a letter. Facebook offers very utility imo unless your stuck in the proverbial 3rd world blacked out hole. Not you JV44 but generally speaking
I read about these Looney Tune Leftists aka anarchists. They don't know a damn thing and they sure can't shoot straight much less intelligently talk about security and safety. When it comes to US history they are worse than Porky Pig teaching a Linguistics class at Community College.
So that leaves future Physicians Scientists Tradecrafts Lawyers government workers politicians to name a few. The only problem is these clown don't attend class and couldn't fake their way out of a paper bag
Only a fool would follow such nonsense and there seems to be no shortage of those these days
Nope it's in my back pocket waiting to be sold on Craigslist
The sympathy is too much and your really going out of your own way to comfort the shareholders. I can't believe I actually found a talented trader that cares...I thought I'd walk 100 miles before finding one of those.
Maybe a bronzed Cheerio in the name of Keyotee?
If I had to guess its to slow down the settlement and delivery of gold to India Russia and the Muslim states. We know Americans as a whole don't own gold well not any real gold anyway. It's questionable whether the US government has any sovereign bullion of its own as well.
Americans swim in paper propaganda and the east lights up the physical.
Margins were increased during the Chinese New Year. http://www.en.sge.com.cn/eng_news_Announcement/542298
Your not kidding the close today is very telling imo
Hope broke the wagon or was that "wait"?
Not to mention B-Schools ceased to teach gold as a monetary asset around the time it was demonetized in the early 70s. This is no accident imo
That timeline aligns nicely with this doesn't it?
Islamic Gold – Vital New Dynamic In Physical Gold Market
http://www.goldcore.com/us/gold-blog/islamic-gold-vital-new-dynamic-physical-gold-market/
Yep and it keeps the equity markets to the upside. It's awfully tough to implement the kind of change folks are talking about without a major catalyst or catastrophic financial event.
Or the death from a thousand cuts over a longer period of time.
Trump made a reference to doing something very quickly with the USD and the economy should he get into office. Unfortunately this was before he was nominated and has not mentioned it since that I can find.
If he's gonna bring private equity to the infrastructure table somethings gotta give. Rates are in the toilet and the promise to tax it's citizens for another 100 years is getting old.
I agree and the weighted average of the USD in the SDR should decline over time. The IMF is also talking about adding a commodity basket as well
Thanks and yes I agree that has always been the case with bubbles in the past and I see no reason for this one to be any different. Especially when the majority of the world's wealth is on the block to be transfered from one asset class to another
Sometimes I sing to myself hoping I can capture that loving feeling. Group hugs not so much these days. Btw gold is the only place the US can't compete anymore and fiat reserve currencies don't last more than ~80 years.
Unless folks actually believe the US has any of its own gold in those vaults? (There's a sucker born every minute)
Petrodollar is gone and the US hedgmoney is on life support. I don't know what happens next but the rest of the world wants gold only the US and its Central Bankers carry a negative tune when it comes to the yellow relic. Maybe it's a show to complete the redistribution from west to east...maybe not
That's a perfect lesson in reaction time. Great video thanks for sharing
That is true but just 2% will hammer a very tiny market and these guys won't be rolling over their deliveries or be paid in cash.
Shiriah law has recently opened up the gold market to 25% of the world's population. Meaning 2 billion people are now allowed to buy gold on the open market that were not allowed previously
This just occurred and it is real even though the western financial media won't report on it
It doesn't and it nets out negative for America. Ignorant people making noise and it would be best if they focused this energy on improving themselves and their inner cities. For example:
Take the illegal criminals out the back door and get rid of them...No need to disrupt the populous. The ones that wanna pay taxes learn our Constitution and be a part of the solution I say hell yea the more tax payers the better. Put them on a 20 year penalty plan and maybe their kids will EARN citizenship....Yes they can stay as long as they check out etc etc.
Mexico wants the state and it knows all the people would just flee back into the US. Making America a smaller version of what it is today
Until we make these people accountable for their decisions nothing will change imo
Someone needs to tell these Moros that Trump is now in charge of the NSA and Obama is no longer President
Gold Standard Approved for Islamic Finance, Opening New Market
by Claudia Carpenter
December 5, 2016 — 6:00 AM EST
December 5, 2016 — 8:03 AM EST
https://www.bloomberg.com/news/articles/2016-12-05/gold-standard-approved-for-islamic-finance-opening-new-market-iwbytkoj
"The rules approved Nov. 19 allow gold to be used in the $1.88 trillion Islamic finance business, the Accounting and Auditing Organization for Islamic Financial Institutions said Monday in a statement. The AAOIFI developed the standards with help from the producer-funded World Gold Council, which has said the new rules could spur demand for “hundreds of tons” of gold.
The SPDR Gold Trust, the biggest exchange-traded fund backed by bullion traded under stock symbol GLD, will probably qualify, and the standard may open new demand to central banks, Mohd Daud Bakar, a Shariah scholar, said at a press conference in Dubai Monday. Comex gold futures wouldn’t qualify because of a physical backing requirement, he said."
Trump likes gold a lot and his tells are quite obvious. The blind squirrel is even lining up for this one as well as the broken clock. Anyone still chasing the $USD is playing yesterday's game and their assets will be replacing the horses at the glue factory
This was going to happen regardless of who won the election the only difference is TRUMP doesn't need the gold for himself. I speculate he's actually doing this to return the control of the money back to the American people.
Which would write his legacy and fuel his empire for the next 50 years
I like those they stack really well like the APMEX 10oz
Buy the indexes if you don't know anything about mining GDX GDXJ. Eric Sprott also has a couple that are good and outside the US. Have some physical buried somewhere and forget about it. Figure out the allocation that works best for you and average into both. I wouldn't waste too much time going forward
Best of luck
Yep I stand corrected the FBI Director can be removed by the President:
That is very much in line with what the Supreme Court has ruled over the years, to preserve the power of the President to be fully in charge of the Executive Branch. Since 1968, a federal law has provided that the head of the FBI will have a 10-year term in office. But the situation legally is that the chance to serve a full term depends upon retaining the confidence of the President.
http://blog.constitutioncenter.org/2016/10/how-independent-is-the-fbis-director/
Happy Thanksgiving
FBI Director is a 10 year appointment so unless he's impeached by Congress or quits he isn't going anywhere. Re A Presidential Pardon Obama can issue a blanket pardon covering all crimes relating to her emails and the foundation.
Even before she is charged with anything.
Keynesian economics has plagued the world for over 100 years.
That's the best way to play the long side while selling the rips in DUST. Anyone trying to time these markets are setting themselves up for a VIP tour of the boneyards with the rest of the financial fools