You're late to the game.
That referendum, (which we all know about) will NOT pass. But, we who invest in gold, silver and miners know this; The mere fact there is a referendum on the ballot clearly shows the credible threat folks feel about fiat currency.
And the repatriation of gold by several countries amplifies that.
The US if fighting tooth and nail to repress commodity prices, but in the end, the free markets and they are still free markets,will prevail.
Sentiment-Long Gold and Silver for the long haul.
PS: Adding to my stash of frozen veal chops.
Did you come down with a case of Bell's Palsy? There's a slur in your speech I haven't detected before? :)
thing? Hmmm. Maybe I should also add another freezer and buy up a ton of Bubba's Boneless Ribs?
Let it go, Let it go!!!!
And Yahoo is messing up with words.I guess they think Vladmir is a curseword.
It could ch#$%$nge tomorrow, but since I posted this, gold is up #$%$ pitt#$%$nce #$%$nd #$%$ h#$%$lf but miners #$%$re up 10%.
I know Vl#$%$dmir is buyin.
I know P#$%$ulsen is buyin.
I know the V#$%$tic#$%$n is buyin.
I know the other centr#$%$l b#$%$nks #$%$re buyin.
Wh#$%$t else is goin on?
1-Russia buying more gold than ever before.
And the big one;
on 30 November. Voters in Switzerland will decide to possibly require the Swiss National Bank to have gold reserves of at least 20% of the value of the assets of the Swiss National Bank, and see all Swiss gold currently held in the Federal Reserve Bank of New York returned to Switzerland.
Even if it doesn't pass, just the thought they want this moves us eerily closer to some sort of currency breakdown.
It's not welcome back to any 11th century idea.
Nor should it be proposed to resemble any makeshift comparison to any particular religious idealogy.
It's plain and simple. As ugly as ISIS are, starting a currency is a part of infrastructure of any future governing body and people. Agreed they are a threat, they are modern killers, terrorist any name you wish to apply, but they are well organized.Their leaders some of whom are former revolutionary guards KNOW, printing paper money can be manipulated by foreign governments and manipulated from within.
Gold and silver coinage cannot be manipulated.
They are all too familiar with Iraqi Dinars!!!
The question I have is, if we are bombing their infrastructure, how do they get to smelt gold and silver, and manufacture currency?
Hmm.I guess the same way we allow them to manufacture their uniforms...........
Who is running this war anyway?
Lal la la la la la
Ya don't have to show up.
Just be alive to reap the rewards otherwise the kids will.
November 30th is the date the Swiss decide, or decide to decide whether to increase their Gold Reserves.
Read about it.
It's a very critical decision and, the mere fact it's a referendum should be enough of a reason (long term) to keep adding PMs.
IMO. Well, IMHO.
But it is what it is.
The volatility created, unnerving all that energy costs are going down?
Imagine an economy that actually improves, energy costs unravel, middle class benefits but the equity market drops?
Who benefits? Ahem., ahem.......
I'm just pointing out another playbook. Theirs is the one that counts and you can play with 'em or not.
Bottom line; Oil glut. Energy prices reduced.
Different than a wealth effect from the markets which had limited success.
None the less, this plan will help Joe Sixpack.
And this is while Draghi and Co play Ben's song.
Weaker foreign currency, their turn. Normally you'd say stronger dollar eh?
They figured out a new trick.
Actually, what I'm implying, in simple terms so the cavemen can understand me, is this;
The Fed got it right these past years.
The Powers that be did as well.
Next up on the agenda? There's one obvious trick up their sleeves.
We have monetary inflation which doesn't translate into demand inflation.
They fear deflation and the drop in oil prices could / should create more demand across all fronts.
They will head off this deflation and demand will spur more buying, and our limp economy may actually take off some bandages.
Pop goes the weasel.
And more beef in the hamburger helper.
Main Street has 46 For Rent signs.
The Miraculous Mile has no vacancies.
And Ferrari is adding more models this year.
Go and figure.................
I went to bed with a neck brace. Lucky me.
Today is a pizzer.
Uncle Carl touts his AAPL holdings and gets a CNBC audience on top of twitter.
After listening, I decided I'd rather read your weekly rant instead. Honest sarcasm is worth the read. Especially what you get paid........
So the Fed didn't like the market reaction to 0 interest rates for a "considerable time" implying the economy is worse off than Kurdasihstan. Same situation though.
Which is worse? Erdigan watching as ISIS takes out the Kurds which then leads to him asking for Blama to come and partner to take out ISIS after that deed is done
The Fed watching and seeing a dead economy and 0 interest rates mean a continuation of a dead economy, so let's play chicken and tell the markets we will see a rise in rate before next Christmas?
Only in America baby.
C'mon Uncle Carl.
I dreamed I heard a rumor Ben is going to use Apple Pay at his closing.