Loading ...Tr’ondek Hwech’in and Yukon Government Support Received for the Re-start of Golden Predator’s Brewery Creek Gold Mine, Yukon
https://ceo.ca/@nasdaq/trondek-hwechin-and-yukon-government-support-received
We may not have to wait until friday=tomorrow the ADP report comes out with its monthly jobs estimate
The ADP National Employment Report (also popularly known as the ADP Jobs Report or ADP Employment Report) is sponsored by ADP, and was originally developed and maintained by Macroeconomic Advisers, LLC. The report’s methodology was revised in November 2012 by Moody’s Analytics. The report is a measure of non-farm private sector employment which is obtained by utilizing an anonymous subset of roughly 400,000 U.S. businesses which are clients of ADP. During the twelve-month period, this subset averaged over U.S. business clients and over U.S. employees working in all private industrial sectors.
Buygold–in the demi-monde of gold-bug circles many analysts assure us that silver will not only join g
old rally but will outperform it…I say one must throw out all the old assumptions–like gold can’t continue to rally causa cots and high rsi’s….similarly=gold can only rally so far without silver…maybe gold will have its big rally with silver lagging far behind…just let it rally first and we’ll work out the details later…LOL
I’m sure you guys saw this story
Arizona Blocks Nike After Kaepernick-Complaint Sparks Virtue-Signaling Sneaker Ban
I just want to say screw Nike and screw kapernick!
PS Love that flag version.
A depression is coming…not a recession…actually. it is here already=massive homelessness in the big cities
Hey buddy can you spare some change or bitcoin for a Soya Latte and Avacado Toast?
@Richie re Trade Truce Euphoria Fizzles? I Think We Can Count On That Forever
There can’t possibility be any compromise in my view. There is only one direction or plan. More for us and less for them. There was no discussion or compromise for the USA back in the day when “they” decided to give all our manufacturing away.
I saw an article lately using the de-globalization instead of reversal of the past. Its not JUST globalization that is reversing. Many other things like allowing unfetter immigration and corruption in high places etc etc
Buygold @ 8:09
Looks like it’s trying to play catch-up on the downside with gold.
Of course that could never happen — right?
Chuckle
R6, Maddog
Other than the scum and ridiculous COT’s, do you guys have any sense of what silver is doing or is going to do?
Almost completely detached from gold these days.
Recession bound?…here already??…maybe this is why the jobs reports have been stinko lately-A weak Friday # could really launch gold.
Guess what? Recession looming means rate cuts required to save the all important. stock mkt. and keep it on its journey to infinity.
Which means much higher gold!
From the desk of my good buddy Dave Rosenberg—
Author of the daily economic report, Breakfast with Dave, and Chief Economist & Strategist at Gluskin Sheff + Associates Inc.More
Yet another recession-like metric. The Kansas City Fed manufacturing survey sagged to a 31-month low in June;
and what is really disturbing is the sharp slide in vendor delivery delays to its most contractionary level since September 2015.
More
I did a speech with Paul McCulley some years ago. I recall him saying the YoY trend in the 3-mo m.a. of core capex orders
is his favorite leading indicator. If you’re looking at the U.S. economy through rose-colored glasses, it may not be a bad idea to switch optometrists.
Jobs-hard-to-get series from the Conference Board Consumer Confidence index only shoots
up 4.6 points in a month when recessions hit. That’s all folks!
Memo to the growth bulls: capex declines back-to-back (as is the case) happen more than
60% of the time in outright recessions and a mere 5% in expansions. My advice is to play the odds.
For more of Daves’tweets plus charts, click here-TIA:
Roubini
Good to have something to agree with Roubini on. I know he’s not generally been a friend of gold.
Would be nice if yesterdays’ drubbing was the extent of the downdraft and we bounce off Maddog’s $1380
Shares look supportive this am.
R640
it’s the most overhyped technology ever, it’s nothing better than a glorified spreadsheet,” Roubini said. “Nobody’s using it, and nobody’s ever going to use it.”
I’m no accountancy expert at all, but when I looked at Blockchain, it’s exactly as he says overhyped garbage, all it is endless duplications, as a system for checking that ain’t rocket science, it’s been around since man first learnt how to think !!!!
Roubini on cryptos
Speaking at a blockchain summit in Taipei, Roubini reiterated his skepticism toward cryptocurrencies such as Bitcoin.
“There’s massive, massive amounts of price manipulation” in cryptocurrency trading, he said in remarks at the conference. As for blockchain, “it’s the most overhyped technology ever, it’s nothing better than a glorified spreadsheet,” Roubini said. “Nobody’s using it, and nobody’s ever going to use it.”
Nice start to. the. day…
10. yr. note=up 11/64ths [yield lower]—check!
The $ index down-not much but down—-check!
Gold–up 6.40=that’s 9.50 off the overnight low–check
The U.S.-China trade war and a spike in oil prices from geopolitical tensions have the potential to push the world into recession next year, according to renowned doomsayer Nouriel Roubini.
“It’s a scary time for the global economy,” the head of Roubini Macro Associates, sometimes known as “Dr. Doom,” said in an interview with Bloomberg TV. He said he expects a recessionary shock to materialize next year.
Equities by contrast are telegraphing confidence that central banks will support the economy as U.S. and Chinese negotiators resume trade talks. The rub for Roubini is that monetary policy makers’ ability to respond to shocks is impaired, with benchmark interest rates still at historically low — and in some cases negative — levels. High levels of debt will also pose a constraint, he said.
Optimism will likely collapse “like in every other recession,” he said. Further unconventional monetary policy is likely to be needed, he added.
On the trade front, deglobalization looms as countries around the world have to choose which country to align with — the U.S. or China — once the bilateral negotiations collapse, Roubini said. “This divorce is going to get ugly compared to the divorce between the U.S. and the Soviet Union.”
On top of that, an oil-price shock coming from Iran tensions would raise the prospect of 1970s-style stagflation as a rise in crude prices coincides with slower growth, Roubini said.
redneckokie1
Tks.
