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NYBob

06/04/19 12:24 PM

#398 RE: rrten #397

This song is about 'The Good Ole Days.' in Kirkland Lake, a Canadian mining town in Northern Ontario -




https://www.youtube.com/watch?v=zh0mVuvG9gc


Thank You;
Bob, One of the reasons my largest holding these past 2 years is KL is
the fact that I don't try to predict when we will make the big break
out past around the 1375 level.
It will happen, however these so called experts have been wrong again
and again, and I know that I will make the big bucks until we do with
KL who makes a ton of money even at 1250 gold.
I'm as big a gold bug as the next person, however many experts get too
excited when we break 1300, and then predict crazy numbers like 10,000,
when we can't even get back to the 1350 level.
I am however optimistic this time, when I see that
Eric Sprott thinks it could happen too.

Eric Sprott!! Currency Reset Get Ready 100%| Gold Perfect Storm Is Brewing





https://www.youtube.com/watch?v=dElnXISvoY8



God is in Charge. Gold and Silver is God's money and is the Answer.
Be Bold NOT Passive -







https://www.youtube.com/watch?v=mpM-rUhbWm8


Pog and KL -

Every $1 change represents a $0.17 change in KL CAD.

At the moment it should trade $1.90 higher. We are in for another good day.

A possible all time high.


M.

Read more at https://stockhouse.com/companies/bullboard?symbol=t.kl&postid=29793187#p5K766ugq81WecJG.99

In GOD We Trust -








http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

NYBob

06/06/19 1:21 AM

#399 RE: rrten #397

Craig Hemke at Sprott Money: Fed policy reversal is imminent

Submitted by cpowell on 01:22AM ET Wednesday, June 5, 2019.
Section: Daily Dispatches
9:21p ET Tuesday, June 4, 2019

Dear Friend of GATA and Gold:

The Federal Reserve, the TF Metals Report's Craig Hemke writes today at
Sprott Money, is trapped and cannot raise interest rates and
"normalize" its balance sheet without worsening the turmoil already
underway in financial markets.
Fed policy, Hemke writes, will soon revert to interest rates cuts and
"quantitative easing," monetary devaluation that
should be good for the monetary metals.

Hemke's analysis is headlined "Fed Policy Reversal Now Imminent" and
it's posted at Sprott Money here:

https://www.sprottmoney.com/Blog/fed-policy-reversal-now-imminent-craig-...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
God Bless

Stock Market: Kirkland Lake Gold (KL)





https://www.youtube.com/watch?v=jG0l-hz9W78


https://www.klgold.com/news-and-media/news-releases/press-release-details/2019/Kirkland-Lake-Gold-Renews-Normal-Course-Issuer-Bid/default.aspx



In GOD We Trust -







http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

NYBob

06/07/19 1:44 PM

#401 RE: rrten #397

Gold Has Enough Momentum To Push Through $1,350 Next Week – Analysts
image:




Neils Christensen Neils Christensen
Friday June 07, 2019 12:17

Kitco News Share this article:
image:




(Kitco News) - The gold market is seeing its best weekly performance in more than a year and some analyst have said that the precious metal has enough momentum to break through critical long-term resistance in the near-term.

Disappointing employment growth in the U.S. has pushed gold prices back to within striking distance of the $1,350 level. August gold futures last traded at $1,347.10 an ounce, up 2.7% since last Friday.

image:
g

The latest rally comes after the U.S. Labor Bureau said that only 75,000 jobs were created last month. According to the consensus forecast, economists were expecting to see job gains around 177,000.

According to some analysts, the miss in employment data is adding fuel to calls already calling for aggressive action from the Federal Reserve.

image:



Sponsored By: Kinesis
Be a part of the new gold standard
Kinesis combines the best of the old world and the new, bringing one of the most stable and secure forms of currency, gold and silver, to the consumer, in digital form.


Phillip Streible, senior market analyst at RJO Futures, noted that markets are pricing in a more than 70% chance of a rate cut by July.

“Gold has the ammunition it needs to make a powerful run higher,” he said. “It is looking like gold will have enough momentum to reach $1,400 an ounce by year-end.”

However, the optimistic outlook comes as gold faces some strong technical headwinds. Since hitting its 2015 low, the yellow metal has tested resistance around $1,350 eight times.

image:




Bill Baruch, president of Blueline Futures, said that although historical charts highlights a difficult road for gold, investors can’t ignore current market conditions.

“Though $1,350 is a big resistance level, I do think there is a different narrative that will push prices through this barrier,” he said.

Baruch added that as long as markets are pricing in a rate cut, gold will continue to do well. He noted that bond yields bottomed out only after the Federal Reserve loosened monetary policy.

“It’s like going on vacation, there is a lot of excitement before you leave and then when the holiday starts you realize that it will soon be over,” he said.

U.S. Dollar No Longer A Headwind For Gold

Along with falling bond yields, gold is seeing renewed momentum from a significant side in the U.S. dollar.

The latest employment numbers were the latest blow to the U.S. dollar according to market analysts. The U.S. dollar index has fallen more than 1% this week, last trading at 96.52 points.

“Although the unemployment rate held at a 49-year low of 3.6%, the overall flavor of the report was quite sour and this continues to be reflected in the Dollar’s valuation,” said Lukman Otunuga, research analyst at FXTM. “Market speculation over the Federal Reserve cutting interest rates is set to intensify following today’s underwhelming jobs report. With labor markets showing some cracks, and concerns rising over persistent trade tensions negatively impacting the U.S. economy, Dollar bears may take full control of the driver’s seat sooner than expected.”

Looking at gold prices, Otunuga said that if gold sees a solid close above $1,350, then all eyes will be on $1,360 and $1,375 in the medium term.

Baruch also sees a lower path of least resistance for the U.S. dollar.

“There is a 20-year trend line in the U.S. dollar index at 101 and it has been in an ascending wedge pattern for the last six to eight months and that pattern is a bearish pattern,” he said. “98 was a tremendous resistance level. If you have a long-term outlook for the U.S. dollar, then you should be extremely comfortable shorting the dollar at 98.”

Is Gold Getting A Head Of Itself?

Although there is growing positive sentiment in the gold market, some analysts are warning that investors should be cautious at current levels.

Ole Hansen, head of commodity strategy at Saxo Bank, said interest rate cut expectations could start to work against gold in the near-term as loose monetary policy supports equity markets as well.

He noted that while gold is seeing its best week in a year, equity markets are seeing their best week since November.

“Fed Rate cut calls will start to benefit stock markets and that could prompt gold investors to take profits within this strong band of resistance between $1,360 and $1,390,” he said. “Renewed stock market weakness will be needed to drive gold prices higher.”

Hansen said that he is neutral on gold in the near-term.

“After the rally we have seen, I think the market is need of consolidation,” he said. “But I wouldn’t want to be bearish on this market.”

Mexican Tariffs In The Spotlight Next Week

Although markets will continue to digest Friday’s weak employment data, they will also be paying close attention to geopolitical headlines. Monday is the deadline President Donald Trump has given Mexico to stop people from illegally entering the U.S. from the southern border.

image:


The threat of a 5% tariff on all Mexican goods has created a lot of fear in the marketplace as it would cause significant disruption to the North American supply chain. Trump has said that tariffs will start at 5% and could rise as high as 25% by October if Mexican authorities don’t stop the flow of illegal immigration.

“The initial 5% tariff on Mexican imports probably won’t have a major impact on the economy unless it remains on pace for an extended period. But we estimate that a 25% tariff would subtract 0.3- 0.5%pts from GDP growth, with almost half of that coming from disruption to the autos sector,” economists at Capital Economics said in a report Friday.

However, if the Monday deadline comes and goes without the tariffs, analysts have said that it will have little impact on gold prices.

“The Mexican tariff issue doesn’t really dent the broader picture of growing geopolitical uncertainty,” Baruch said.

The Final Say

The U.S. economic calendar is relatively light next week, but there will be three significant reports that investors will be keeping an eye on.

Tuesday, markets will receive wholesale inflation data with the release of May’s Producer Price Index. That report will be followed by data on the consumer front with May’s Consumer Price Index to be released Wednesday.

Disappointing numbers could solidify a rate cut in July, according to some economists.

The week ends with the release of May retail sales data. The health of U.S. consumers will play an essential role in determining the health of the overall economy.

By Neils Christensen
For Kitco News

image: https://www.kitco.com/images/authors/author-resume-contact.png

Contact nchristensen@kitco.com
www.kitco.com
Sponsored By: Kinesis
Be a part of the new gold standard
Kinesis combines the best of the old world and the new, bringing one of the most stable and secure forms of currency, gold and silver, to the consumer, in digital form.

A Great BUY -
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149257325

God Bless

NYBob

06/07/19 3:22 PM

#402 RE: rrten #397

Sprott Money News Weekly Wrap-up - 6.7.19





https://youtu.be/6OGTHP25Alg via @YouTube

https://www.youtube.com/watch?v=6OGTHP25Alg&feature=youtu.be

Stock Market: Kirkland Lake Gold (KL)





https://www.youtube.com/watch?v=jG0l-hz9W78


https://www.klgold.com/news-and-media/news-releases/press-release-details/2019/Kirkland-Lake-Gold-Renews-Normal-Course-Issuer-Bid/default.aspx



In GOD We Trust -







http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

NYBob

06/08/19 12:39 PM

#403 RE: rrten #397

Gold Price Exclusive Update
By Jack Chan
June 8, 2019

Bottom Lines: Summary

Long-term – on major buy signal.

Short-term – on buy signals.

Gold sector cycle is up.

COT data is favorable for overall higher metal prices.

Maintain positions and stay the course.


https://www.gold-eagle.com/article/gold-price-exclusive-update-81


How Far Can This Gold Rally Run - Well, It's No Limit On The UPSIDE -



Gold is approaching its long-term resistance created by the previous highs.
There is one very interesting rule regarding this resistance.
No matter how volatile or promising the rally above the red resistance
line was, it was always (in the last couple of years) invalidated by
manipulations in the following week.

Given today’s pre-market rally in gold, it seems that we might see a
weekly close above it -
This means that the next week would quite likely include the NWO
khazarian banksters invalidation of the current breakout and the
beginning of another slide lower -

However, let’s keep in mind that Gold has been very volatile and that
it's by Father GOD and there are still 3 sessions to GO until the end
of the week, so it might rally in a more visible manner -

Sprott Money News Weekly Wrap-up - 6.7.19





https://youtu.be/6OGTHP25Alg via @YouTube

https://www.youtube.com/watch?v=6OGTHP25Alg&feature=youtu.be

Stock Market: Kirkland Lake Gold (KL)





https://www.youtube.com/watch?v=jG0l-hz9W78


https://www.klgold.com/news-and-media/news-releases/press-release-details/2019/Kirkland-Lake-Gold-Renews-Normal-Course-Issuer-Bid/default.aspx



In GOD We Trust -







http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

NYBob

06/10/19 3:13 PM

#404 RE: rrten #397

Kirkland Lake's Makuch: Pilbara conglomerate potential could "turn the gold
industry upside down"


http://ow.ly/qwJd30lz1KG

https://twitter.com/search?q=Kirkland%20Lake%20Gold&f=images&src=tyah

#ASX #mining #goldmining #stocks #ausbiz $DEG
De Grey Mining @DeGreyMining

God Bless

NYBob

06/10/19 11:26 PM

#406 RE: rrten #397

Novo signs interesting gold JV with Sumitomo -
Novo Resources has attracted Sumitomo Corp to explore its Egina gold
project near Port Hedland in Western Australia with an unusual-looking
joint venture that ultimately sees the Japanese company able to earn
a 40% stake by spending up to US$30 million over three years.




Novo signs interesting gold JV with Sumitomo
Sumitomo in JV with Novo Resources in Pilbara, Western Australia

Gold And Silver > Gold-and-silver-news 10 June 2019 CommentsShare
Sumitomo must spend a "minimum of $5 million per phase
defined by a program and budget".

https://www.mining-journal.com/gold-and-silver-news/news/1364879/novo-signs-interesting-gold-jv-with-sumitomo

God Bless


NYBob

06/13/19 4:12 PM

#408 RE: rrten #397

IMF Warning > China Hoards Gold Will Trigger “Reboot” Dollar In 18 Jun 2019... TRUMP Can't Stop
Economic Predictions 2019
Published on 10 Jun 2019






https://www.youtube.com/watch?v=txDqeTqQZz0


Gold Prices Get Safe-Haven Bid As Persian Gulf Tensions Rise -

https://www.kitco.com/news/2019-06-13/Gold-Prices-Get-Safe-Haven-Bid-As-Persian-Gulf-Tensions-Rise.html#.XQJGrQtrENs.twitter

Gold: Paul Tudor Jone's Favorite Trade Ahead -

https://invst.ly/b052v

God Bless


NYBob

06/15/19 6:06 PM

#409 RE: rrten #397

Sprott Money News Weekly Wrap-up - 6.14.19
Sprott Money
Published on 14 Jun 2019






https://www.youtube.com/watch?v=RLs1xt_g3jw


https://www.klgold.com a Great BUY :-))


https://www.klgold.com/news-and-media/news-releases/press-release-details/2019/Kirkland-Lake-Gold-Renews-Normal-Course-Issuer-Bid/default.aspx


Gold Stocks Bull Flag Breakouts Are Confirmed
Morris Hubbartt
June 14, 2019






Hyper-critical! The Dollar Is Going Away! Gold & Gold Stocks Will Explode...Buy Buy Buy!!






https://www.youtube.com/watch?v=iz7JsJqNfxo





https://www.youtube.com/watch?v=vkKD39u7Pa4


In GOD We Trust -







http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA