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Trump shakes up campaign, demotes top adviser

https://www.washingtonpost.com/news/post-politics/wp/2016/08/17/trump-reshuffles-staff-in-his-own-image/

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The Clinton campaign has removed a pledge from its website stating that all survivors of sexual assault “have the right to be believed.”

“Gold will continue to perform its role as a safe haven during these seemingly never-ending times of crisis. The metal’s surge of as much as 8.1% on the day of the Brexit vote last month is an indicator that its luster of safety is undimmed in the current markets. ”

https://www.thestreet.com/story/13674032/1/time-to-buy-gold-silver-and-mining-stocks.html

“Recent data now available from two major European Banks – Swiss National Bank (SNB) and Deutsche Bank (NYSE:DB) – have disclosed that they have not only been positive on gold and silver, but have been investing big time into gold and silver mining stocks and derivatives – particularly the majors.

For reference the top 25 precious metals stock holdings for each bank as at June 30th are set out below:”

Top 25 Deutsche Bank precious metals stock holdings as at June 30.

http://seekingalpha.com/article/4000044-gold-silver-stocks-major-european-banks-invested

“Gold’s 25 percent first-half rally appears to have petered out, with the metal climbing less than 2 percent since the end of June as the market prices the possibility of a sooner U.S. rate increase. New York Fed President William Dudley warned investors they are underestimating the likelihood of increases, and Atlanta Fed chief Dennis Lockhart said he’s confident growth is accelerating, setting the stage for one or two rises this year. The comments boosted the probability of a hike in December to 51 percent.”

Comment: I think this Dudley Dude is full of it but his remarks yesterday did seem to slow down the PM traders. Why anyone listens to these Fed Heads is a mystery to me. Gold may be taking a pause, a breather, for the moment, but I predict shortly a nice rise beginning in a couple weeks. Or sooner. The next Headline could spark a new rally. The world’s markets and banks are that precarious. Meanwhile, the markets wait for the 2;00pm release of the Fed minutes. I gots laundry to do in the meantime. I miss Greenspan and his gobblygook speak, at least he made it interesting to try and figure out what the heck he said.

Thanks for mentioning the head count on those listening via YouTube last night. There is also an uncounted number of folks who watched it at Right Side Broadcasting. RSB are the ones doing the actual filming of Trump’s Live events. I prefer to watch it on their web site which seems to have fewer ‘technical’ glitches than YouTube, for some strange reason. 🙂 ( I dont think the owners of YouTube are Trump fans.)

Anyways, here is another link to watch Trump in case YouTube ceases to carry it. At least as long as their servers can handle the traffic.

http://rsbn.tv/

Ps) “Call us names”, another great post from you ! Thanks!

Nothing Obama or Hillary might do to keep the reins of power would surprise me. Especially after Trump’s speech last night where he might have tipped his hand a little with his own future plans to shut down the corruption in Washington. If Trump makes it to the White House, there could be a purge like America has never seen in it’s history. Hillary may find herself in a Federal Prison, along with a host of others who have violated the laws of the land and subverted the Constitution.

I dont think Trump is going to put up with the things that have been going on. Leastways, that is what I garnered from his ‘Law & Order’ speech last evening. I think Trump is making a lot of folks in Washington very nervous. Wouldnt surprise me come November 9th, if a lot of rats start looking for new residence abroad, places that offer protection from extradition. 🙂

We watch and wait.

I can take an occassional beat down of the Precious. I will eventually get over the Women’s Volleyball team losing last night. (Grrrrr) But I draw the line at Pele stealing the coffee pot. Which is why I named that new piece of farm gear you sent, Lava Buster (LB). A fine addition to my ole truck (Betsy Lou), and my Colt .45 ( Sweet Pea), and that dog AuGal gave me (LuluBelle).  Together, we will retrieve that coffee pot from the hands of the gods. Then see if we can find AuGal, she’s been missing too long.

Have a nice day ! 🙂

Doesn’t anybody make coffee around here anymore? (grumble)

This is lava flowing over the cliff, into the steaming ocean beyond.  Pele got the rest of the coffee… pot and all.

(Photo Credit)

I think we found a way around that flat-top mountain with the Silver Train.
http://www.railpictures.net/photo/586010/

Watching the Trump speech in Wisconsin this evening. And they tell us Cankles is leading by 8% in the NBC poll.

Evening goldielocks

They had different safe spaces once. One was under your desk with your hands over your head and the other was mental health office.

…at the specialized Farm Equipment they make, nowadays.  That thing looks like it could do some serious damage!   🙂

https://www.youtube.com/watch?v=CRZqz3e5Pr8

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It’s uncommon for stocks to hit new highs in August, but when they do so during a presidential election year, the contest has been a blowout since 1950.

The last four times the S&P 500 has hit a new high in August during an election year, the victor won in a landslide. That insight comes from Art Cashin, director of floor operations at the New York Stock Exchange for UBS, and was confirmed by CNBC.”

http://www.cnbc.com/2016/08/16/one-milestone-just-convinced-art-cashin-of-an-election-day-landslide.html

Comment: We know Hillary is going to spend hundreds of millions in TV adds spending George Soro’s money like no tomorrow. But she cant run from the cameras during the debates. Lets hope Trump & Team are geared up and ready to strike. Something tells me they will be explosive as Trump dumps the dirt on Hillary toe to toe.

OK, so its not as fancy as that anti-gravity watcha macallit of yours, but all I need it to do is get me to the train station on time. Then it’s the Deluxe Gold Club car and smooth sailing. Buygold supposed to be saving me a seat.

You a funny guy !

and providing the link to he Khan intel. Greatly appreciate it.

I think we are past due for another leg up to new highs re bullion and shares. Gold peaked July 6 and 8th. Little pennant formation showing. Usually they break out violently up or down.

Another thought, maybe the Dow SnP were giving PMs a tailwind, that may be ebbing.
Also possible rotation going on from the best performers (500% ytd) to the lagging ones only 150-200% up.

Dollar breaking down nicely, 94.6 now, was over 100 late 2015, may give us the violent up-side move if it drops lower which I think is the right path.

Thanks for that comeback. It comes natural since I was in my early 20s. When we were kids, regarding things I said or suggested, one of the girls referred to them as “Larry’s helpful ditties” 🙂

I remember my first one, after leaving home at 20, and getting married and having two kids. Being in the workforce and trying to save money. I LEARNED.

“Every time you try to save, you lose” So leave that objective to wealthier people who can afford it.

Look at consumers today. They want to save, so buy cheaper imports, and the whole country lost.

Only the words came in my e-mail, so I just searched goog and found plenty:

Khan was paid $25,000 & speech written by staffers; Constitution bought 2 hours before DNC speech

http://investmentwatchblog.com/khan-was-paid-25000-constitution-bought-2-hours-before-dnc-speech/

Found here:
https://www.google.com/#q=Khan+was+paid+%2425%2C000+by+the+Clinton+campaign+

will probably think ,no sense letting a Market drop crisis go to waste and take the opportunity to raise rates after the drop so as not to get Blamed for a Market drop.   !   So everybody will pile on and throw out thier trash during a Hurricane ..

we will also get a sympathy drop in Gold & Silver probably to make margin Calls.But dont let that make you lose your position

because it will be very difficult to get back in after the initial drop .You been waitiing a long time ..dont be a sold out BULL …