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http://www.theamericanmirror.com/great-trump-refuses-wear-g20-pin-opts-american-flag/
Ororeef @ 13:10 Yes ! After Frumpy Hillary & Michelle, Its Nice To Have A First Lady With Grace And Elegance In The White House Again.
And appreciate Trump looking folks straight in the eye and shaking their hands instead of bowing and apologizing for America. The first couple do our Country Proud.
Buygold @ 18:17 Not Surprised.
Those Masters of Fiat go after anything that competes or offers an alternative to their ‘system’. How much effect it will have is yet to be seen. And agree, Maya seems to be the expert in this area and we can count on his educated guess to keep us informed.
Richard640 @ 12:41 Bravo Richard ! A Solid Read For The Torn Goldbug’s Soul
Just the article I needed to read today. Let’s hope those Seasonals are still good to trade on the remainder of 2017. Will be gritting my teeth and adding some PM stocks the remainder of July. Appreciate your posting the Zeal article.
The Photos you dont see in the American Press..Why NOT ?
Melania Trump got everyone talking when she showed up at the G20 summit in Hamburg, Germany in a white frilly dress Friday.
U.S. President Donald Trump and his wife
From ZH & “Zeal”
More broadly, where does the price of gold go from here?
The most important signal is that gold’s uptrend, which began on Dec. 15, 2016, remains intact. Even after the flash crash, gold remains just a bit below the previous low of $1,210 per ounce on May 10, 2017. That means gold is set for a rally above $1,300 per ounce, which would exceed the prior high of $1,293 per ounce on June 6.
The next powerful indication is the marked slowing of the U.S. economy in reaction to rate tightening by the Fed. This is showing up in auto sales, retail sales, disinflation, lower labor force participation and many other indicators.
The result of this slowing will be that the Fed will have to reverse course and use “forward guidance” to signal that they will not hike rates in September. That’s a form of ease that will lower the dollar index and raise the dollar price of gold.
Finally, investors can take comfort from the fact that all manipulations fail in the long run. Whether it’s the “gold corner” of 1869, the “gold pool” of 1968, Kissinger’s secret “gold dump” of the late 1970s, or “Brown’s bottom” (when the U.K. sold most of its gold at 30-year low prices) of 1999, or the more recent gold games on the Comex, all manipulations fail. Gold prices always find their way higher, because paper currencies always lose value over time.
The key response functions to manipulation are patience, confidence in the long-run path of gold and nimbleness in stepping up to buy gold at interim lows when manipulation gets out of hand, as it just did.
The gold rally that began on Dec. 15, 2016, is poised to continue despite the trauma of the flash crash. The crash represents a gift to investors. We now have a better entry point for what will still be much higher gold prices later this year.
FROM ADAM HAMILTON–“ZEAL”=
While gold stocks are mired in universal bearishness in the summer doldrums, that’s the time to buy low ahead of their powerful autumn, winter, and spring rallies. It’s never easy fighting the herd to deploy into an out-of-favor sector, but that’s the only time stock prices are on sale. The opportunity to ride a parade of major 11.2%, 15.4%, and 14.0% seasonal rallies between now and next spring is unparalleled in all the markets
Alex Valdor @ 18:02 Think You Made A Good Choice Yesterday With JNUG
Intended to do the same yesterday at the close, but my internet went down for the last hour. GRRRR !
I cant imagine the PM’s going much lower at this point. (Famous last words. )
You said you had a low bid in for a couple weeks on the JNUG. May I ask what ‘indicator’ were you watching. How did you decide what price to make your low bid. Being mostly a day trader, I cant imagine placing a bid weeks in advance. LOL. Obviously I have much to learn. TIA 🙂