Gold World News Flash |
- Here's How Google Tracks You (And What You Can Do About It)
- Major Markets at Turning Points
- NWO Collapse: Elites Fear Globalist Programming Failed
- End Times Headline News - January 18th, 2017
- Gold - How to "Buy Low and Sell High" Like a Pro
- China cuts U.S. Treasury holdings to lowest level since 2010
- Free candy bar more appealing to Californians than a free gold coin
- New World Order Globalization is Dying
- Uncertain In 2017? Analysts Expect “Silver and Gold Rally Under Trump”
- Silver In Medicine – Past, Present and Future
- Gold, Silver, Stocks and Economics - Stock Option Expiry on Friday
- Gold Seeker Closing Report: Gold and Silver Fall Back Towards $1200 and $17
- Fielding my grandson’s questions about gold and banking
- Fielding my grandson’s questions about gold and banking
- Pension Funds Need Gold before It’s Too Late
- Jim’s Mailbox
- All American people need to see this: MARTIAL LAW Agenda NEW WORLD ORDER! Evidences 2017
- TF Metals Report: Questioning the generally accepted narrative
- Judge Napolitano’s take on Obama commuting Chelsea Manning’s sentence
- End of 2017 Gold Up & Dollar Down-Nomi Prins
- Gold – 38% Fib Reached
- Donald & the US Dollar
- Gold Up 5.5% YTD – Hard Brexit Cometh and Trump Wants Weaker Dollar
- Nomi Prins: The Reality of Trump’s Market Euphoria
- Chart of the Day - 38% Fib Reached in Gold
- Gold, Silver and Bitcoin Soar As Trump’s Comments Cause US Dollar To Plummet
- Long USD... Another Crowded Trade
- Breaking News And Best Of The Web
- Bitcoin and Gold - Outlook, Volatility and Safe Haven Diversification
- Rally in Gold and Gold Stocks Has More Upside
| Here's How Google Tracks You (And What You Can Do About It) Posted: 18 Jan 2017 11:45 PM PST Ever get the feeling you’re being watched? It’s because you are – and, as Visual Capitalist's Jeff Desjardins details, for a rough proxy of this, use the browser extension Ghostery to see how many tracking scripts are watching you on a typical media site. (It doesn’t work for everything, but a large media site like Vice.com has 50+ trackers, with 40 of them focused on advertising). Capturing this user data helps sites sell their inventory to advertisers, but a select few companies operate in this capacity at a whole different level. Google and Facebook are the best of examples of this, as nearly $0.60 of every dollar spent on digital advertising goes to them. They both have the sophistication and ubiquity to capture incredible amounts of information about you. GOOGLE IS EVERYWHERE Today’s infographic, which comes to us from Mylio, focuses in on Google in particular.  Courtesy of: Visual Capitalist The search giant is massive in size, and there is a good chance you tap into Googleverse in some way:
According to Google’s documentation, it uses these services to pull out information on the “things you do”, “things you create”, and the things that make you unique. SEE WHAT GOOGLE COLLECTS All in all, Google tracks your activity history, location history, audio history, and device history. It also builds a profile for you for serving ads – age, gender, location, income, and other demographic data. You can view and actually download this history by using a tool called Google Takeout. Many people understand that their data helps support advertising revenues on websites they enjoy. Others are rightly concerned about their privacy, and how their information is used. Regardless of which category you fit in, becoming informed about how privacy on the internet works will help you craft an experience that best fits your preferences. |
| Major Markets at Turning Points Posted: 18 Jan 2017 11:01 PM PST Bonds have risen in a 35 year bull market. That bull market looks tired and probably peaked in July of 2016. The U.S. Dollar Index recently hit 14 year highs. Has the dollar finally peaked?... {This is a content summary only. Click on the blog title to continue reading this post, share your comments, browse the website, and more!} |
| NWO Collapse: Elites Fear Globalist Programming Failed Posted: 18 Jan 2017 10:00 PM PST The new world order can see the hand writing on the wall for their plans as Donald Trump has nearly been sworn in as President of the United States. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists... [[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://www.figanews.com for full links, other content, and more! ]]  |
| End Times Headline News - January 18th, 2017 Posted: 18 Jan 2017 08:30 PM PST Pizza Gate made CBS! Its as real as you get for a smoking gun. News from around the world as it applies to us Biblically. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers ,... [[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://www.figanews.com for full links, other content, and more! ]]  |
| Gold - How to "Buy Low and Sell High" Like a Pro Posted: 18 Jan 2017 08:13 PM PST Learn about one group of investors who ACTUALLY know how to time the markets There's an old saying on Wall Street that goes "buy low and sell high." It's usually said in jest because it's a feat that's much easier said than done. History shows that most investors pile into bull markets just as they are about to end, and they do the opposite in bear markets: sell right near the bottom, when the fear is at its highest. |
| China cuts U.S. Treasury holdings to lowest level since 2010 Posted: 18 Jan 2017 06:22 PM PST By Joe Rennison and Eric Platt China cut its holdings of U.S. Treasuries by $66 billion in November, reducing its position in the safe-haven debt to the lowest level since 2010 as the country battles to stabilise its currency. The acceleration in sales -- the largest monthly decline since December 2011 -- threatens a rise in U.S. interest rates if it continues and follows an unwinding in October that saw China cede its position as the largest foreign holder of U.S. Treasuries to Japan. China has been selling its foreign exchange holdings in part to support the renminbi, which has fallen 4 percent against the U.S. dollar since the start of last year. The fall in Treasury holdings is part of a wider campaign by Beijing to stem capital outflows. ... ... For the remainder of the report: https://www.ft.com/content/714117d0-ddd1-11e6-86ac-f253db7791c6 ADVERTISEMENT Storage and Withdrawal of Gold with Bullion Star in Singapore Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore. Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore. Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive. For more information, please visit Bullion Star here: Join GATA here: Vancouver Resource Investment Conference Dollar Vigilante Internationalization and Investment Summit Mining Investment Asia Mines and Money Asia * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: To contribute to GATA, please visit: |
| Free candy bar more appealing to Californians than a free gold coin Posted: 18 Jan 2017 06:14 PM PST 9:17p ET Wednesday, January 18, 2017 Dear Friend of GATA and Gold: Writer and provocateur Mark Dice this week once again took to the sunny streets of Encinitas, California, just north of San Diego, to reconfirm the ignorance of Americans -- or Californians, anyway -- about the monetary metals, as he offered passersby the choice of a free 10th-ounce gold coin or a free Snickers candy bar. If the three-minute video Dice has posted at You Tube about his experiment is representative, he couldn't give away the gold coin and even sometimes had a hard time giving away the candy. At least one fellow accosted by Dice recognized that a social experiment of sorts was in progress, though he couldn't quite figure it out. Odds are that Dice will not attempt this experiment in Mumbai, Ho Chi Minh City, or Shanghai. The video is posted at You Tube here: https://www.youtube.com/watch?v=BgUxF7gvYeE CHRIS POWELL, Secretary/Treasurer ADVERTISEMENT USAGold: Coins and bullion since 1973 USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business. Please call 1-800-869-5115x100 and ask for the trading desk, or visit: USAGold: Great prices, quick delivery -- all the time. Join GATA here: Vancouver Resource Investment Conference Dollar Vigilante Internationalization and Investment Summit Mining Investment Asia Mines and Money Asia * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: To contribute to GATA, please visit: |
| New World Order Globalization is Dying Posted: 18 Jan 2017 04:00 PM PST World economic forum in Davos Switzerland is meeting for globalization but the brexit and Donald Trump have wrecked the party The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers ,... [[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://www.figanews.com for full links, other content, and more! ]]  |
| Uncertain In 2017? Analysts Expect “Silver and Gold Rally Under Trump” Posted: 18 Jan 2017 01:40 PM PST ShtfPlan |
| Silver In Medicine – Past, Present and Future Posted: 18 Jan 2017 01:28 PM PST
Silver in medicine – past, present and future Silver has been associated with human medicine and healthcare for over two millennia. The ‘father of |
| Gold, Silver, Stocks and Economics - Stock Option Expiry on Friday Posted: 18 Jan 2017 01:26 PM PST |
| Gold Seeker Closing Report: Gold and Silver Fall Back Towards $1200 and $17 Posted: 18 Jan 2017 01:20 PM PST Gold dipped $5.42 to $1210.18 in Asia before it bounced back to $1216.43 in late morning New York trade, but it then fell back off in afternoon trade and ended with a loss of 0.82%. Silver rose to as high as $17.33 before it also fell back off, but it ended with a loss of just 0.52%. |
| Fielding my grandson’s questions about gold and banking Posted: 18 Jan 2017 12:49 PM PST My grandson had quite a day at school. He had learned that the economy had been suffering from things called Panics, capital P, during the 19th century and had another big one in the early 20th century. He had been told that responsible, public-spirited men like J. P. Morgan had organized a central bank to prevent those Panics. He and other bankers finally got the government to go along with their idea and pass it into law in late 1913. And wouldn't you know it — we've had no more Panics since then. |
| Fielding my grandson’s questions about gold and banking Posted: 18 Jan 2017 12:22 PM PST My grandson had quite a day at school. He had learned that the economy had been suffering from things called Panics, capital P, during the 19th century and had another big one in the early 20th century. He had been told that responsible, public-spirited men like J. P. Morgan had organized a central bank to prevent those Panics. He and other bankers finally got the government to go along with their idea and pass it into law in late 1913. And wouldn't you know it — we've had no more Panics since then. He looked doubtful, though. He didn't understand what a central bank did, exactly. And wasn't the Depression and the recent Financial Crisis kind of like a Panic, only called a different name? And if those calamities were like Panics, then why didn't the federal reserve prevent them? His teacher said that this country and most countries of the western world were on a gold standard during the days of Panics. Economists and other people decided that the real culprit behind the turmoil was the gold we used as money. So we got rid of gold for the stuff we use today . . . which doesn't come out of the ground . . . which comes from the government but is regulated by the people in charge of the federal reserve, which is not really part of the government, though they're close friends. "Ok," he said, "so we have gold causing us and other countries all those Panics and we got rid of it. But we didn't get rid of it." He said his teacher told the class about the vault at the Federal Reserve Bank of New York, which houses gold for other countries. The vault is 80 feet below street level and 50 feet below sea level. He found that astounding. The vault is protected by armed guards, CCTV, and electronic surveillance. And the guards are trained marksmen. Then his teacher pulled out his tablet and read this to the class, which my grandson read to me from his smartphone: There are no doors into the gold vault. Entry is through a narrow ten-foot passageway cut in a delicately balanced, nine-feet-tall, 90-ton steel cylinder that revolves vertically in a 140-ton, steel-and-concrete frame. The vault is opened and closed by rotating the cylinder 90 degrees. An airtight and watertight seal is achieved by lowering the slightly tapered cylinder three-eighths of an inch into the frame, which is similar to pushing a cork down into a bottle. The cylinder is secured in place when two levers insert large bolts, four recessed in each side of the frame, into the cylinder. By unlocking a series of time and combination locks, Bank personnel can open the vault the next business day. The locks are under "multiple control" no one individual has all the combinations necessary to open the vault. He found this even more astounding. "Why?" he wanted to know, "Why all the protection for something that's worthless? Why even keep it around, except maybe for rings and other jewelry?" As I started to answer he interrupted me. "That bank stores the gold of other countries. Fort Knox vaults the gold Americans once had. And it's a piece of work, too." He told me the depository was on an army base, and the building that housed the vault was made of North Carolina granite. When the government ordered Americans to turn in their gold coins they melted it down into bars and shipped them by rail to the depository under heavy guard. "But it's not just gold stored there," he said. The place is so secure the government stored the Declaration of Independence and the Constitution there during World War II — the original documents. It also held four exemplified copies of the Magna Carta, which had been on display during the 1939 World's Fair in New York. "And get this," he added, again reading from his smartphone: During World War II and into the Cold War, until the invention of different types of synthetic painkillers, a supply of processed morphine and opium was kept in the Depository as a hedge against the US being isolated from the sources of raw opium. "What's going on?" he wanted to know. "Drugs are bad, gold is bad, right? They're against the law. But we protect them like our very lives depended on them." "You want an answer." "Yeah. Why didn't government just dump the gold into the ocean or drop it down a volcano? "For that matter, why did the government order people to turn it in? If they didn't want people using it for money, why not just say it was no longer legal. "I checked the Constitution during study hall. It says no state shall coin money. It also says no state shall make anything but gold or silver coins a tender in the payment of debts. Since the federal government is prohibited from doing anything not explicitly authorized by the Constitution, that would mean private mints would coin money. Right?" I told him I couldn't answer his questions on the constitution, other than to say it's become a dead letter, meaning that men in power have used tortured arguments to interpret it to suit their purposes or have ignored it altogether in the name of "national security." I told him when "national security" is used to justify any government action we're either at or headed for a dictatorship. He agreed. Then I attempted to fill in some other blanks he left. Explaining why we went from gold to fiat paper money A central bank, I explained, is a bank only to its member banks, not to people like you or me. It holds its members' deposits as reserves on which the commercial banks can issue loans. At the time of the Fed's creation in 1913 gold and to some extent silver were still legal money in the United States. Holders of gold or silver coins could walk into stores and buy things with them, or deposit them in banks. In some cases they could get banks to exchange notes for coins, though that became uncommon after 1917 when commercial banks began shipping their gold off to regional federal reserve banks where they were added to the banks's reserves. People, thereby, lost the use of gold coins and became acclimated to paper. They were confident, though, that if they really wanted the gold the paper money promised to pay, they could get it. That confidence crashed and burned in 1933 when FDR ordered Americans to turn in their gold coins — or else. They were given assurances of the necessity of the heist — which has also been called a "gold recall," as if the gold itself were defective. It was a national emergency, and Americans knew the government took away their rights in a national emergency. Many of them recalled the social environment of World War I where people could get arrested for reading the Bill of Rights publicly. And during the American Civil War Lincoln suspended habeas corpus and ordered the arrest and imprisonment of anyone challenging his policies. Even the Constitutional Convention amounts to a violation of rights inasmuch as the delegates created a new government rather than revise the charter of the existing one, as they were empowered to do. I suppose they would have said 'national security' required the ditching of the old government. When Roosevelt delivered his first inaugural address he referred to the depression as an emergency comparable to war, thus setting up his listeners for some drastic measures. Later, when he ordered people to turn in their gold, he told them not to worry. The paper they would be using was good stuff, guaranteed. Gold was preventing a recovery — somehow — even though the classical gold standard had been ditched almost two decades earlier. If that doesn't make sense rest assured monetary issues were complicated, and only the best and brightest could untangle them. And Roosevelt had those kind advising him. Besides, one of the best and brightest had said the gold standard was a barbarous relic, and it was obvious prices were too low, and the only way to bring them up was to manufacture more money. But how are you going to do that with a scarce commodity like gold? |
| Pension Funds Need Gold before It’s Too Late Posted: 18 Jan 2017 12:14 PM PST While most pension fund managers shy away from gold, they do so at their own risk and the risk of their pensioners. As a non-correlated asset to bonds, stocks, and other paper-based investments, precious metals are key to true diversification. It's time for pension fund managers to break out of their Wall Street groupthink and include a meaningful allocation to physical gold and silver bullion for protection against inflation and financial turmoil. |
| Posted: 18 Jan 2017 12:13 PM PST Jim, Five Trump statements — good for gold? CIGA Gijsbert Opinion: Gold Prices Could Soar If Donald Trump Says Any One Of These Five ThingsJanuary 18, 2017 Five Trump statements Trump is unpredictable — that much we know. But regardless of his target — a country, a company or a person — gold is one... Read more » The post Jim’s Mailbox appeared first on Jim Sinclair's Mineset. |
| All American people need to see this: MARTIAL LAW Agenda NEW WORLD ORDER! Evidences 2017 Posted: 18 Jan 2017 12:00 PM PST cyber attacks is our government doing it. all of united States problems began with Clinton's, leftist, bush's, Obama, all your government and celebrities who our out to destroy America. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries ,... [[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://www.figanews.com for full links, other content, and more! ]]  |
| TF Metals Report: Questioning the generally accepted narrative Posted: 18 Jan 2017 11:36 AM PST 2:36p ET Wednesday, January 18, 2017 Dear Friend of GATA and Gold: Taking inventory of the convention wisdom about the financial markets in 2017, the TF Metal Report's Turd Ferguson notes today that it's not doing so well. His commentary is headlined "Questioning the Generally Accepted Narrative" and it's posted at the TF Metals Report here: http://www.tfmetalsreport.com/blog/8103/questioning-generally-accepted-n... CHRIS POWELL, Secretary/Treasurer ADVERTISEMENT Buy metals at GoldMoney and enjoy international storage GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit: http://www.goldmoney.com/?gmrefcode=gata Join GATA here: Vancouver Resource Investment Conference Dollar Vigilante Internationalization and Investment Summit Mining Investment Asia Mines and Money Asia * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: To contribute to GATA, please visit: |
| Judge Napolitano’s take on Obama commuting Chelsea Manning’s sentence Posted: 18 Jan 2017 11:30 AM PST Judge Andrew Napolitano weighs in on President Obama commuting the sentence of former Army private Chelsea Manning. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers ,... [[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://www.figanews.com for full links, other content, and more! ]]  |
| End of 2017 Gold Up & Dollar Down-Nomi Prins Posted: 18 Jan 2017 11:17 AM PST Jim and Bill, The latest is called "End of 2017 Gold Up & Dollar Down-Nomi Prins." Best-selling author Nomi Prins says two of the big wild cards are Donald Trump and Europe. Prins explains, "The biggest wild card is a combination. Trump is a wild card, but so is Europe. Right now, the political lens... Read more » The post End of 2017 Gold Up & Dollar Down-Nomi Prins appeared first on Jim Sinclair's Mineset. |
| Posted: 18 Jan 2017 08:18 AM PST Gold has tagged the 38% Fibonacci retracement of the previous intermediate cycle. This is the most likely spot for gold to drop into a half cycle low if it’s going to produce one. Dips are buying opportunities in the advancing phase of an intermediate cycle. |
| Posted: 18 Jan 2017 08:16 AM PST John Connally, President Nixon’s Secretary of the Treasury, once remarked to the consternation of Europe’s financial elites over America’s inflationary monetary policy, that the dollar “is our currency, but your problem.” Times have certainly changed and it now appears that the dollar has become an American problem. In a recent interview with the Wall Street Journal, the soon to be 45th President of the United States believes that the greenback’s strength – up some 25% against a broad basket of currencies since 2014 – is now “too strong,” “killing us,” and has hurt companies trying to compete overseas.* A top Trump economics advisor, Anthony Scaramucci, reinforced his boss’ sentiment adding that “we must be careful of a rising dollar.” |
| Gold Up 5.5% YTD – Hard Brexit Cometh and Trump Wants Weaker Dollar Posted: 18 Jan 2017 08:13 AM PST GOLD PRICES UP 5.5% YTD – CONCERNS OF “CALAMITOUS SELF-HARM” TO EU FROM BREXIT AND TRUMP DOLLAR COMMENTS SUPPORT GOLD Gold prices extended their run of gains to a seventh session and added another $12 to $1,215 an ounce yesterday. Gold prices have consolidated on those gains today and are now up 5.5% in dollar and sterling terms and 5% in euro terms year to date. |
| Nomi Prins: The Reality of Trump’s Market Euphoria Posted: 18 Jan 2017 07:29 AM PST This post Nomi Prins: The Reality of Trump's Market Euphoria appeared first on Daily Reckoning. Economist and bestselling author, Nomi Prins joins Max Keiser and Stacy Herbert on their radio talk show Double Down to discuss the market euphoria surrounding the election of Donald Trump just after the election. The conversation, in retrospect, is more relevant than ever as the incoming cabinet nomination hearings unfold. As the markets are hitting levels never seen before, just listen to the hoopla over the Dow Jones flirting with breaking 20,000 points, the question is – why have investors fallen so hard for the prospect of Trump at 1600 Pennsylvania Ave? The radio hosts introduce the banking sector nirvana undertaken at the prospect of having a true ally in Donald Trump. To better explain the market euphoria following Trump’s ascension to the White House, they turn to Nomi Prins who is a former managing director at Goldman Sachs and various other Wall Street banking institutions. Nomi Prins started off the conversation regarding the markets by referencing a quote closely connected with P.T. Barnum saying, There’s a sucker born every minute. "On the one hand there is market euphoria. On the other, it has to deal with the speculation of Trump's ability to spur growth, jobs and infrastructure building. Somehow the belief that he is going to get a Republican Congress to agree to a massive budget proposal that will topple a trillion dollar bill has rallied attention – but that is never going to happen." "Some of the market action has been attributed to growth, on the other hand there is an actual attribution to the deregulation of the banking sector… which will happen. Between those two things we have had a 'double rally.' We are ultimately going to pull back on the growth because Trump will likely not be able to do what he has set out to during the election promise period."
The author was then asked about the influence of Wall Street on the incoming President where she explained, "Trump does indeed have the outside personality. It is irrelevant to the fact that he is now part of the political and financial establishment. This is by virtue of the people he has had around him for decades and by virtue of the people he will have around him while in Washington." When asked about the incoming administration and the promise of bringing jobs back to the United States from major corporations like Apple and Carrier, Prins' noted, "The euphoria here, beyond what it can do in the deregulation of markets, is largely misplaced based on reality. He can get tax breaks to corporations, and he probably will. That is something he can get through. That is a platform issue and Congress will vote for. That is a standard Republican and Democratic action, it happens under both parties.” “But to actually give big corporations an incentive to bring jobs back, domestically, that will compensate for that cost (whether based on market shrinkage, or the overhead cost) could be overwhelming compared to any tax incentive to do that." When asked about the Goldman Sachs and the big bank rally under Trump, the former Wall Street insider indicated, "The incoming administration will deregulate Wall Street. They will also deregulate for small and medium sized banks. In terms of the big banks, there will be an even larger euphoric nature in terms of the deregulation that will happen. This deregulation will relate to the types of things they can trade, the hedge fund related activities. Dodd-Frank was super weak, while touted as a groundbreaking regulatory Act it has not made the big banks smaller, it hasn't made them less complex. "In fact, the top six banks are nearly 40% bigger, in terms of the assets they are holding, than they were before the global financial crisis. They still control nearly 95-98% of the derivatives and trading securities in the country. What will happen is that the percentage in which Wall Street had to refrain from certain segmented trading activities (hedge fund to private equity related activities) will probably be dialed back. This will mean that there will be an ability to speculate more from the trading desks of banks. This was the very thing that exacerbated the financial crisis, and the one thing to a minimal extent that Dodd-Frank was able to mitigate." To hear the complete interview on this market euphoria for Trump covered by Nomi Prins together with Max Keiser and Stacy Herbert CLICK HERE. Regards, Craig Wilson, @craig_wilson7 The post Nomi Prins: The Reality of Trump's Market Euphoria appeared first on Daily Reckoning. This posting includes an audio/video/photo media file: Download Now |
| Chart of the Day - 38% Fib Reached in Gold Posted: 18 Jan 2017 07:09 AM PST Gold has tagged the 38% Fibonacci retracement of the previous intermediate cycle. This is the most likely spot for gold to drop into a half cycle low if it's going to produce one. Dips are buying opportunities in the advancing phase of an intermediate cycle. |
| Gold, Silver and Bitcoin Soar As Trump’s Comments Cause US Dollar To Plummet Posted: 18 Jan 2017 06:50 AM PST We have stated that Donald Trump would be the cause of a barrage of news and market movements. He’s not even President yet and it has already begun. In a Friday interview with The Wall Street Journal, Trump said the US dollar, which touched a more-than 14-year high about two weeks ago, has gotten “too strong,” against the Chinese yuan. He told the WSJ, “Our companies can’t compete with them now because our currency is too strong. And it’s killing us.” |
| Long USD... Another Crowded Trade Posted: 18 Jan 2017 06:24 AM PST I just sent out a reference from ZeroHedge on the unusual number of VIX shorts there are. In other words, a very crowded trade. That reminded me that an even more crowded trade is the USD longs. ZeroHedge had this to say, “Until last night's Trump statement that the US dollar is overvalued, it was smooth sailing for Wall Street's momentum chasers, who happily piled into what until recently was Wall Street's most crowded trade. How crowded? |
| Breaking News And Best Of The Web Posted: 18 Jan 2017 01:37 AM PST US stocks drop, gold and silver stable at multi-week high. Brexit process begins. Protesters and police gearing up for Trump inauguration. Earnings season starting well for banks and miners. Global debt continues to soar, especially in China. Fake news debate rages. Trump and Merkel trade insults. Best Of The Web 2017—Shades of 1937 – […] The post Breaking News And Best Of The Web appeared first on DollarCollapse.com. |
| Bitcoin and Gold - Outlook, Volatility and Safe Haven Diversification Posted: 17 Jan 2017 08:03 AM PST – Recent performance of Bitcoin and Gold – Price outlook – Bitcoin, China and capital flight – Exchanges of value? – Can bitcoin rival gold as a safe haven? – ‘Bitcoin vs Gold’ or ‘bitcoin and gold’? – Importance of diversification – Conclusion: A monetary and financial revolution? |
| Rally in Gold and Gold Stocks Has More Upside Posted: 17 Jan 2017 06:21 AM PST Gold and Gold stocks have rallied as expected and the consolidation in the miners in recent days looks bullish. GDX and GDXJ have digested the recent recovery quite well as Gold is testing resistance around $1200/oz. While the price action portends to more gains so does the breadth in the miners as well as short-term structure in the US$ index and bond yields. |
| You are subscribed to email updates from Save Your ASSets First. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment