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Derivatives and Leverage Are the Achilles Heel of the Credit System.
maneco64


Published on May 14, 2019
 

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President Trump’s Economic Plan to Beat China
Illuminati Silver


Published on May 15, 2019
President Trump’s Economic Plan to win the China Trade War

https://www.illuminatisilver.com/sign...

China US Trade War Escalates - Markets Fall
https://www.youtube.com/watch?v=A1bGd...

Gold Rises on back of US China Trade War Escalation
https://www.youtube.com/watch?v=3IjxB...

Today is Wednesday 15th May 2019 and we are discussing President Trump’s latest economic plan to solve the China Trade War– and yes it involves the FED.

It is reported today that President Trump has suggested that the Federal Reserve could support the US in its trade battle with China.

As we have reported in our previous podcasts (if you haven’t heard them we provide links in the description below); which states that last Friday, the US increased a 10% tariff on $200bn worth of Chinese goods - to 25% - and China has retaliated by announcing that it will levy additional tariffs on $60bn worth of US goods as from June.

In a post on Twitter, Mr Trump said China would move to stimulate its economy to deal with the fallout and suggested that if the FED were to “match” that potential Chinese stimulus, it would be "game over".

He added:

"China will be pumping money into their system and probably reducing interest rates, as always, in order to make up for the business they are, and will be, losing………If the Federal Reserve ever did a 'match,' it would be game over, we win! In any event, China wants a deal!"

The US Central Bank, like it or loathe it, has been "normalising" monetary policy after years of keeping rates at ultra-low levels in the aftermath of the 2008 financial crisis.

At the time of writing, the Debt Clock reveals that the US National Debt is not that far short of $22.3 trillion Dollars. Any further stimulus or Government spending or relaxing of credit will increase this further, and its only a matter of time, when it too will become unacceptable.

What is required is for the US and China to continue negotiations and strike a deal that perhaps may not give each side everything they want, but at least enable both economies to advance and improve without damaging their own economic infrastructure.

Soybean farmers in the US are suffering heavily. Industrialists are already reporting that they cannot obtain the raw materials they need quickly enough by shutting out China and looking elsewhere as the President has suggested they do.

China is a long-term player and is used to its people suffering for the benefit of the State. It is not a democracy where the Government is easily replaced as the result of an unpopular policy.
It will outlast and endure any tariffs that may be imposed as it will see it as a price worth paying for its long-term gain.

We have already suggested in an earlier podcast that China may even be willing to allow this trade battle to continue in the hope that the President loses the next election and that a more ‘benign and accommodating’ President is elected in his place. A year or two of suffering is nothing to China.

Having said that it will also be open to a limited compromise enabling it to give some ground and save face.
 

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COMMODITY REPORT: Crude Oil Price Forecast: 15 May 2019
TheGoldAndSilverClub


Published on May 14, 2019
JOIN THE LIVE TRADING ROOM HERE ▶ http://www.jointhelivetradingroom.com/
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Read Our Client Testimonials Here ▶ http://bit.ly/gsc-testimonials

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© 2019 The Gold & Silver Club Limited
https://www.thegoldandsilverclub.com/

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London Marine Insurers to Meet After Ship Attacks in Middle East
May 15, 2019 by Reuters

UAE Navy boats next to Al Marzoqah tanker off the Port of Fujairah, UAE May ,13, 2019.REUTERS/Satish Kumar



By Jonathan Saul LONDON, May 15 (Reuters) – London’s marine insurance market will meet on Thursday to assess whether it needs to change the risk level for vessels in the Gulf after an attack on ships off the United Arab Emirates earlier this week, a senior official said on Wednesday.
Such a move could lead to an increase in insurance premiums.

On Tuesday, armed drones attacked two of Saudi Aramco’s oil pumping stations and forced the state producer to briefly shut its East-West pipeline. The incident came two days after an attack on four oil tankers – two of them owned by Saudi Arabia – off Fujairah in the UAE.

“The Joint War Committee will meet tomorrow to assess the situation in the Gulf,” said Neil Roberts, head of marine underwriting at Lloyd’s Market Association (LMA), which represents the interests of all underwriting businesses in London’s Lloyd’s market.

“This is prudent as capital providers would expect underwriters to review their exposure in the light of recent developments,” he told Reuters.
The UAE has not characterised the sabotage or blamed anyone for Sunday’s attack, but U.S. national security agencies believe proxies sympathetic to or working for Iran may have been behind it, a U.S. official has said. Tehran has distanced itself from the incident, which no one has claimed.

Yemen’s Houthi-run Masirah TV said the group had carried out the drone attacks on “vital” Saudi installations in response to “continued aggression and blockade” on Yemen.

“At the moment there are not many facts or verifiable information (about the attacks on Sunday),” Roberts said.

“There is no decision yet on whether to change the listed areas of enhanced risk. There are a number of options, which include no change.”
He said any changes would take seven days to come into effect.

“Ships going into the Gulf already have to inform underwriters; the question is whether vessels within the Persian Gulf and operating there are additionally exposed.”

The Joint War Committee, which comprises syndicate members from the LMA and representatives from the London insurance company market, normally meets every quarter to review areas it considers high risk for merchant vessels and prone to war, strikes, terrorism and related perils.

It has not updated the list of high risk areas since June 2018. Its guidance is watched closely and influences underwriters’ considerations over insurance premiums.

Some oil and shipping companies said they would have to alter their routes or take precautions near Fujairah since Sunday’s attacks.

Japanese shipping group Nippon Yusen has already decided to refrain from sending tankers to Fujairah for bunkering, maintenance or crew swaps except for emergencies, a company spokesman said.

Others such as Denmark’s Maersk Tankers told Reuters they were monitoring developments closely, with no impact on their operations in the area.

(Editing by Kirsten Donovan and Mark Potter)

(c) Copyright Thomson Reuters 2019.

https://gcaptain.com/london-marine-insurers-to-meet-after-ship-attacks-in-middle-east/
 

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Are the Leveraged Loans Today's Subprime Mortgages?
maneco64


Published on May 16, 2019
 

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Ira Epstein's End of the Day Financial Video 5 17 2019
Ira Epstein


Published on May 17, 2019
 

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Ira Epstein's End of the Day Agriculture Video 5 17 2019
Ira Epstein


Published on May 17, 2019
 

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US Dollar Collapse - How soon is it likely to happen?
Illuminati Silver


Published on May 17, 2019
Is the dollar about to collapse and if so when?

https://www.illuminatisilver.com/sign...

Today is Friday 17th May 2019, and we are going to cover a subject which most pumpers and conspiracy theorists have got wrong time and time again – the imminent demise of the US dollar

For many years now the gold and silver pumpers and conspiracy theorists have talked up the imminent demise of the US dollar with the argument that all fiat currencies fail, and the dollar will be next with China, Russia and a number of other major economies dumping US Treasuries.

Well first of all, let’s briefly look at the definition of a fiat currency.
Fiat currency refers to any currency that a government declares to be legal tender. Legal tender in this context means that the money has the full backing of the government that issues it, but not necessarily supported by any commodity or tangible items such as precious metals for example.

Throughout history, fiat currencies have risen and eventually collapsed, often due to devaluation.

Initially, paper money gets introduced into an economy whereby it creates an economic boom. Over time, however, it gets overprinted, slowly building inflation and losing value. Eventually, it devalues enough to lead not only to its own collapse but also that of the economy connected to it.

But for a fiat currency to collapse there have to be essentially 3 conditions:

1. First, there must be an underlying weakness. Between 2002 and 2018, the dollar has declined 6 percent according to the U.S. Dollar Index.

The main reason is that U.S. debt almost more than tripled during that period, from $6 trillion to $22 trillion with a debt-to-GDP ratio more than 100 percent. The argument goes that this increases the chance the United States will let the dollar's value slide as it would be easier to repay its debt with cheaper money – you have to ask however why is the FED raising interest rates then?

2. There must be a viable currency alternative for everyone to buy. The dollar's strength is based on its use as the world's reserve currency. The dollar became the reserve currency in 1973 when President Nixon abandoned the gold standard. As a global currency, the dollar is used for half of all cross-border transactions. That means central banks must hold the dollar in their reserves to pay for these transactions. As a result, 61 percent of these foreign currency reserves are in dollars.

So there has to be a replacement – the Yuan- which devalues frequently and China’s economic system is not complex enough as yet to fulfil World Currency reserve status. Bitcoin which is unsupervised, open to the ‘dark web and as we have seen lately a value so volatile one is a millionaire one minute and a pauper the next - we suspect not.

3. A huge economic negative event has to occur that destroys confidence in the dollar.

Well the pumpers state foreign countries own more than $6.2 trillion in U.S. debt. If China, Japan or other major holders started dumping these holdings of Treasury notes on the secondary market, this could cause a panic leading to collapse.

China owns $1 trillion in U.S. Treasury’s. That's because China pegs the yuan to the dollar. This keeps the prices of its exports to the United States relatively cheap. Japan also owns more than $1 trillion in Treasury’s. It also wants to keep the yen low to stimulate exports to the United States.

Would China and Japan ever dump their dollars? Only if they saw their holdings declining in value too fast and they had another export market to replace the United States. The economies of Japan and China are dependent on U.S. consumers. They know that if they sell their dollars, that would further depress the value of the dollar. That means their products, still priced in yuan and yen, will cost relatively more in the United States. Their economies would suffer. Right now, it's still in their best interest to hold onto their dollar reserves.

whilst we all accept that over time fiat currencies devalue, (but bear in mind too that often wages and benefits increase to help offset much of this devaluation) it is the inter-relationship between currencies that matter in terms of comparative wealth.

Yes, small countries’ currencies will come and go, but one the size of the US dollar – the global reserve currency – is extremely unlikely to collapse before most of the others. What we are more likely to see is its gradual decline in importance as countries slowly reduce their dependence on the US and goods are traded in other currencies or formats such as, potentially gold.

This process however is likely to take decades and those claiming the imminent collapse of the US dollar are either economically ignorant or deliberately attempting to deceive you as they likely have something to sell in its place.

Caveat Emptor!
 

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Gold and Silver Weekly Update w/e 17th May 2019 by Illuminati Silver
Illuminati Silver


Published on May 18, 2019
Gold and Silver Weekly Update w/e 17th May 2019

https://www.illuminatisilver.com/sign...

US Dollar Collapse - How soon is it likely to happen?
https://youtu.be/_Ay7kGPh8_I

Erik Townsend Part 1 -
https://www.youtube.com/watch?v=aJFFD...

Erik Townsend Part 2 -
https://www.youtube.com/watch?v=aqLS1...

Erik Townsend Part 3 -
https://www.youtube.com/watch?v=DdeAq...

Today is Saturday 18th May 2019 and we are providing our gold and silver weekly update for the week ending 17th May.

Gold fell $9 last week from $1286 to $1277 having hit a high of $1,303 and a low of $1,275. In sterling terms gold finished the week at £1004 that’s up £15, and in Euros it closed at 1,144 Euros that’s unchanged.

Silver fell 38 cents from $14.78 to $14.40 having hit a high of $14.85 and a low of $14.40. In sterling terms, it closed at £11.32, that’s down 5 pence and in Euros it closed at 12.90 euros, that’s down 0.25 euros.

The Gold to Silver Ratio rose from 87:1 to 88.7:1

The Dow Jones closed on Friday at 25,764 down 98 points on the day and down 178 points on the week, and the NASDAQ closed at 7,816 down 81 points on the day and down 100 points on the week, and the S&P 500 closed at 2,859 down 16 points on the day and down 22 points on the week.

Brent Crude rose $1.59 from $70.62 to $72.21 and US Light Crude rose $1.10 cents from $61.66 to $62.76

The dollar index stands at 97.99 that’s up 0.66 on the week.

Gold prices initially dipped on opening and then rose throughout Monday, peaking on Tuesday, as markets digested the retaliatory moves by China on the increase in tariffs raised by the US the previous Friday.

We then witnessed some toing and froing with gold falling on Thursday and more significantly on Friday. The spread between low and high is a still relatively small $28 though slightly increasing from previous weeks.

The rise in the US dollar on Friday precipitated the main fall in gold prices and we published yesterday a podcast on the dollar rise entitled ‘US Dollar Collapse - How soon is it likely to happen?’ and include a link in the description below.

Also for those who missed our last weekly update, we pointed out that some 2 weeks previous, we published a 3 part interview with Erik Townsend – Hedge Fund Manager/Owner who believes the US dollar is likely to move much higher, well above 100 in the index, and this will create a very strong headwind against gold and silver.

We have also placed these interview links in the description below and again strongly recommend that you listen to them if you haven’t already done so.

We were more aware of Friday’s Consumer Sentiment Index for May which was forecast at 97.1 but actually came in at 102.4 - the highest level in 15 years - thereby buoying the US dollar which had a downward effect on gold and silver prices.

We have stated for a few weeks, that we have difficulty recommending a positive case for silver short term, and yet again our concerns were supported, with silver falling just over 2.5% last week in US dollar terms.

It managed to maintain reasonably robust for most of the week, but just caved in Thursday and Friday closing at its weekly low.

Having broken below the $14.50 is significant, and one should not be surprised to see silver aiming towards $14.25 where there should be some reasonable support and then possibly heading for $14.

So, what do we have on the economic calendar for next week:

• Tuesday – Existing Home Sales for April

• Wednesday – the FOMC minutes are released – these will give a further indication as to the FED’s thinking on interest rates – though most of us have a clear picture already

• Thursday – Markit Manufacturing and Services Flash PMI for May plus New Home Sales for April

• Friday – Durable and Core Capital goods orders for April.

So, perhaps Wednesday will have most significance in terms of price action.

The US relationship with China, North Korea and Iran will be paramount over the coming weeks, and these geopolitical moves will have some bearing on equity markets, the US dollar value and of course prices of gold and silver – both of which look anaemic for the next couple of weeks – at least in US dollar terms.

For those who have not tried our Inner Sanctum Bronze or Silver membership levels as yet, but are registered free members, you will be sent a discount code of 50% off for one month this weekend so that you may try our service which is constantly being added to.

So please look out in your email box for the discount code which will be sent this weekend and if you haven’t registered as a FREE Member we strongly urge you to do so by visiting our site at illuminatisilver.com.
 

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WEEK AHEAD COMMODITY REPORT: Gold, Silver & Crude Oil Price Forecast: 20 - 24 May 2019
TheGoldAndSilverClub


Published on May 18, 2019
JOIN THE LIVE TRADING ROOM HERE ▶ http://www.jointhelivetradingroom.com/
▶ To Receive LIVE Trade Alerts, Mentorship & Expert Insights For Profitable Commodity Trading.

-------------------
The Gold & Silver Club is an international Commodities Trading, Research and Advisory Group specializing in the Metals, Energy and Agriculture markets.
Read Our Client Testimonials Here ▶ http://bit.ly/gsc-testimonials

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© 2019 The Gold & Silver Club Limited
https://www.thegoldandsilverclub.com/

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#WeekAheadCommodityReport
 

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Maturity Mismatch Makes Another Banking Crisis Highly Probable.
maneco64


Published on May 18, 2019
 

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Damen Starts Construction on World’s Largest Diamond Mining Ship

May 20, 2019 by gCaptain


MV Mafuta. File Photo: Haus/Flickr/CC BY-SA 2.0

Dutch shipbuilding group Damen Shipyards has started construction on a new offshore diamond mining vessel for a unit of De Beers in Namibia.

De Beers Marine Namibia (aka Debmarine Namibia), 50/50 joint venture between the Namibian Government and De Beers Group, awarded Damen with the contract to build the new vessel in February 2019 for offshore operations in Namibia. The steel cutting ceremony marking the official start of construction took place over the weekend at Damen’s shipyard in Mangalia, Romania.

At 177 meters (577 feet) long, the newbuild will be the largest diamond mining ship in the world, taking the crown from Debmarine’s 174-meter Mafuta. Constructed from a Marin Teknikk design, the MT 6027 will also be the most technologically advanced marine diamond recovery vessel in the world. On-board features include a dynamic positioning system (DP2) based on a seven-thruster propulsion system powered by six generators of 3230 eKW each.

The vessel is expected to cost around $468 million, representing the largest ever single investment in the marine diamond industry.

Construction of the vessel is expected to take about two years. Damen Shipyards Mangalia will deliver the vessel platform in Mangalia and the vessel will sail on its own keel to Cape Town, South Africa. After the integration of the mission equipment in Cape Town, the vessel is expected to deliver first diamond production in Q2 2022.

Once completed, the vessel is expected to add 500,000 carats annually to Debmarine Namibia’s production for an increase of about 35% compared to today’s levels.

Debmarine Namibia operates the largest offshore mining fleet in the world, working at a water depth of between 90 and 150 metres off the south west coast of Namibia. The company owns five mining vessels and a dedicated sampling vessel, and additionally charters one sampling/mining vessel.

The newbuild marks the first project between Damen and De Beers. Michael Curtis, head of the Addition Mining Vessel 3 Project for De Beers Marine, sees the new vessel order as a harbinger for potential future collaboration.

“We were already well aware of Damen’s reputation as a reliable, efficient shipbuilder,” said Curtis. “We are pleased to contract Damen to build this vessel for us after successfully winning a Global Tender for the construction of the vessel. De Beers Marine (South Africa) will construct the mission equipment, comprising a subsea crawler and diamond recovery plant, in South Africa in parallel to the vessel construction. Once the vessel is delivered by Damen, it will be sailed to South Africa where the mission equipment will be integrated into the vessel by De Beers Marine. Given the parallel path and complexity of the project, it is critical to work with the best shipbuilders who have a reputation for performance and on-time delivery.”

Filed Under: Maritime News Tagged With: damen, diamond mining, shipbuilding

https://gcaptain.com/damen-starts-construction-diamond-mining-ship/
 

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COMMODITY REPORT: Crude Oil Price Forecast: 21 May 2019
TheGoldAndSilverClub


Published on May 21, 2019
JOIN THE LIVE TRADING ROOM HERE ▶ http://www.jointhelivetradingroom.com/
▶ To Receive LIVE Trade Alerts, Mentorship & Expert Insights For Profitable Commodity Trading.

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Read Our Client Testimonials Here ▶ http://bit.ly/gsc-testimonials

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© 2019 The Gold & Silver Club Limited
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China, Bullion, & The Trade of the Century | Tavi Costa
SilverDoctors


Published on May 24, 2019
Weekly Bullion deals https://SDBullion.com/deals
This Podcast - http://www.SilverDoctors.com/precious... Our guest this week offers what he and his global macro investment firm deem to be, "The Trade of the Century."

Bullish bullion and bearish the full fiat yuan Chinese currency, our guest this week (Tavi Costa) give us insights into why and how they are positioning their investor capital headed into the 2020s.

You have any idea how many times China has "reset" their fiat currency over the last 100 years. We were surprised to find out this figure and much more insight from Mr. Costa this week.

Silver and gold close this week a bit higher than last.

The silver spot price is just over $14.60 oz in fiat US dollar terms.

While the spot price of gold is likely to close around the $1,286 oz mark in fully fiat Federal Reserve notes.

The gold-silver ratio remains currently at 88, a more than 26-year high level. The last time the gold-silver ratio hit 90 was in early 1993.

This week we are pleased to welcome a new guest to this bullion podcast. I think you will find his comments on China, the current financial climate, and bullion bullishness insightful.
 

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Succinct Summation of Week’s Events 5.24.19
May 24, 2019 4:00pm by Barry Ritholtz

Succinct Summations for the week ending May 24th, 2019

Positives:
1. All things considered, this week could have been much worse than it was… That resiliency is the biggest positive no one is speaking about.
2. Jobless claims fell 1k in May from 212k to 211k.
3. Home mortgage refinance apps rose 8.0% w/o/w, above the previous 1.0% decrease.
4. New home sales had upward revisions of 39k in the previous two months.
5. Natural gas in storage rose 100 billion cubic feet, increasing for the 8th straight week.​
Negatives:
1. Trade War continues to be a drag on economic activity and sentiment. By end of next week, ships with Chinese goods will hit our ports be subject to 25% tariffs — up from 10% now.
2. Same store sales rose 5.2% w/o/w, decelerating from previous 5.4% increase; Durable goods orders fell 2.1% m/o/m, below the previous 1.7% increase.
3. PMI composite came in at 50.9 for April, below the expected 52.4.
4. New home sales fell 6.9% m/o/m from 723k to 673k; Existing home sales came in at 5.190M for April, lower than the expected 5.350M.
5. Home mortgage apps decreased 2.0% w/o/w, lower than the previous 1.0% decrease.​
Thanks, Matt

https://ritholtz.com/2019/05/succinct-summation-of-weeks-events-5-24-19/
 

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Trade and Fed to Unleash (More) Inflation
Silver Fortune


Published on May 24, 2019
Why does the outlook for inflation look so good for silver and gold?
 

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Gold and Silver Weekly Update w/e 24th May 2019 by Illuminati Silver
Illuminati Silver


Published on May 25, 2019
gold and silver weekly update w/e 24th May 2019

https://www.illuminatisilver.com/sign...

Prime Minister May Resigns:
https://www.youtube.com/watch?v=tbiQN...

Today is Saturday 25th May 2019 and we are providing our gold and silver weekly update for the week ending 24th May.

Gold rose $7 last week from $1277 to $1284 having hit a high of $1,287 and a low of $1,269. In sterling terms gold finished the week at £1010 that’s up £6, and in Euros it closed at 1,146 Euros that’s up 2 Euro’s

Silver rose 17 cents from $14.40 to $14.57 having hit a high of $14.64 and a low of $14.39. In sterling terms, it closed at £11.46, that’s up 14 pence and in Euros it closed at 13 euros, that’s up 0.10 euros.

The Gold to Silver Ratio fell slightly from 88.7:1 to 88.1:1

The Dow Jones closed on Friday at 25,585 up 95 points on the day and down 179 points on the week, and the NASDAQ closed at 7,636 up 8 points on the day and down 180 points on the week, and the S&P 500 closed at 2,826 up 3 points on the day and down 33 points on the week.

Brent Crude fell $3.32 from $72.21 to $68.69 and US Light Crude fell $4.13 from $62.76 to $58.63

The dollar index stands at 97.61 that’s down 0.38 on the week.

Gold prices initially dipped on opening and we only began to see a recovery on Thursday and consolidated on Friday. Right from the start we have to emphasise that the difference between gold’s low and high for the week is just $18 and we also note that both its high and low were lower than the previous week.

There is clear resistance at $1300 and support at $1270 and technical analysts warn of a larger move ahead, potentially in either direction, depending on which of these price points break.

Now we have seen some analysts become quite excited in that they, in our opinion are over emphasising this potential breakout at this stage.

Let’s take a look at our favourite subject silver. Well it certainly attempted a rally a number of times last week rising in the end some 17 cents or 1.2%. Despite this, as with gold, both of its highs and lows were lower than the previous week and its high low difference spanned just 25 cents.

From a technical point of view there is support at $14 and huge resistance at $16 but it has to breach quite a significant resistance at $15 first. However, a downtrend line is still in evidence which suggests that silver is more likely to trade lower before it can move higher.

With Memorial Day ahead next week’s economic data announcements are in fact quite sparse at least those of any relevance:

• Thursday – GDP Revision for Q1 – it was stated at a healthy 3.2%
• Friday – Personal Income, Consumer Spending, and Core Inflation figures for April and the final Consumer Sentiment Index for May

Finally, a brief note for Inner Sanctum Bronze and Silver Members – we have posted a number of new Inner Sanctum videos/podcasts including a lengthy almost 2 hour debate between Controversially Greg and Journo Marcus on the issue of BREXIT – if BREXIT interests you it’s a most interesting debate – if it doesn’t it could be a cure for insomnia.

We are also covering in depth gold and silver valuations in multiple currencies and correlating their price against reducing purchasing powers of those currencies over time – and these will be available for early next week – so if you are a Bronze or Silver member please go to the website illuminatisilver.com and sign in and look in the section “Premium Video’s”.

We also carried out a brief assessment of the downloadable products available to Bronze and Silver members for FREE and currently they come to a little over $1250 and these are being added to on a weekly basis – so if you are a bronze or silver member please do not forget this important resource on subjects such as business opportunities, cryptocurrencies, health and fitness, personal finance, personal improvement, precious metals, property investment, working from home and stocks and shares.
 

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WEEK AHEAD COMMODITY REPORT: Gold, Silver & Crude Oil Price Forecast: 27 - 31 May 2019
TheGoldAndSilverClub


Published on May 25, 2019
JOIN THE LIVE TRADING ROOM HERE ▶ http://www.jointhelivetradingroom.com/
▶ To Receive LIVE Trade Alerts, Mentorship & Expert Insights For Profitable Commodity Trading.

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Read Our Client Testimonials Here ▶ http://bit.ly/gsc-testimonials

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Climate Change? Yes, but not like you think.
John Polomny


Published on May 25, 2019
In this weeks rant I talk about the biggest contrarian idea of the next few decades, climate change. You have been told it is you and CO2 but it is the sun. Your sun is cyclical and is going through a period of low sunspots. This has led to cooler temps in the past. Not by fire but by ice.

I also discuss the recent collapse in offshore oil stocks. Some are down 50% in the last month. However, the offshore business is improving. What is going on? I explain.
 

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Global Economic, Scrap Metal, Commodities and Recycling Report 5/28/19
Greg Brown


Published on May 28, 2019
The Global Economic, Scrap Metal, Commodities and Recycling Report is brought to you by Greg Brown CEO of BENLEE Trailers. For more information visit:
http://www.benlee.com/

To be added to our weekly mailing list please see below.
http://visitor.r20.constantcontact.co...
 

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COMMODITY REPORT: Crude Oil Price Forecast: 29 May 2019
TheGoldAndSilverClub


Published on May 29, 2019
JOIN THE LIVE TRADING ROOM HERE ▶ http://www.jointhelivetradingroom.com/
▶ To Receive LIVE Trade Alerts, Mentorship & Expert Insights For Profitable Commodity Trading.

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The Gold & Silver Club is an international Commodities Trading, Research and Advisory Group specializing in the Metals, Energy and Agriculture markets.
Read Our Client Testimonials Here ▶ http://bit.ly/gsc-testimonials

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Block Chain Technology – The Future for Currencies & Financial Services
Illuminati Silver


Published on May 30, 2019
https://www.illuminatisilver.com/sign...

“JP Morgan launches New Cryptocurrency - JPM Coin”
https://www.youtube.com/watch?v=lTiGx...

Today is Thursday 30th May 2019 and we are providing practical examples of how the financial services industry are using blockchain technology and what our thoughts are on this matter.

For a number of years, we have all been told that block-chain technology is the future for financial services, banking and potentially, currency control – after all it’s the science upon which cryptocurrencies have been launched.

But what is blockchain and how is it being used?

“A blockchain is a decentralized, distributed and public digital ledger that is used to record transactions across many computers so that any involved record cannot be altered retroactively, without the alteration of all subsequent blocks.”

OK we said it would be a little technical – but what does it really mean. Well firstly regardless of what one believes as to the future of cryptocurrencies – whether they are here to stay or not – blockchain technology and derivatives thereof are most certainly here to stay as they are currently being used and progressed with vast sums of money being injected into researching and developing it.

Tom and Kieran point out that this technology is capable of dramatically streamlining banking operations, whether it be in the form of money transmission, lending, interbank settlements or even credit reference assessment.

The future, the authors suggest, lie not just in money operations, but also personal data and real estate transactions and potentially other physical assets. Regulators too are looking at systems which advisers may access, which cannot be manipulated or amended, when providing advice and or data to clients.

Finally, the technology is also expected to be used in the provision of personalised digital services to customers – bespoke and individual – without the administrative bureaucracy that is normally associated with such offerings.

This technology and similar technologies will be with us for many years to come. There will no doubt be revised incarnations; however, one thing is for certain; the speed, security and all-encompassing reach of such technologies will provide profound and infinitely beneficial services when held in the right hands.
However, they could also prove invasive, Machiavellian and subversive if held in the wrong ones.

This, or a similar technology, will eventually cause the total replacement of physical currencies, sometime in the foreseeable future thereby shrinking the world in which we live and potentially harnessing the activities, behaviour and rights of those who live within it.

What are your thoughts?
 

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The Day I Realised The Bankers Hate Physical Gold.
maneco64


Published on May 30, 2019
Use promo code maneco64 to get a 0.5% discount on gold and silver bullion purchases at https://www.goldinvestments.co.uk/

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BITCOIN: 1AkNoKzbZXJ75BbeGkD2ekUDJQNWDrBgMA
BITCOIN CASH: qzfcsu05c9ephzv8qzl7ysvn4lfclzneescfhre4r5
ETHEREUM: 0xfffd54e22263f13447032e3941729884e03f4d58 LITECOIN: LY6a8csmuQZyCsBZbLDTQMRuyLdsW9g2na
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BAT Currency: Uphold a/c name maneco
 

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Bond Market Predicts Recession: Not So Fast! Gold Remains Calm!
SalivateMetal


Published on May 30, 2019
Donate: https://www.paypal.me/SalivateMetal
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Buy Salivate Metal rounds here:
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(I get a small profit on sales)
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Trade Wars and Trump Are a Great Scapegoat for the Central Bankers.
maneco64


Published on May 31, 2019
Use promo code maneco64 to get a 0.5% discount on gold and silver bullion purchases at https://www.goldinvestments.co.uk/

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ETHEREUM: 0xfffd54e22263f13447032e3941729884e03f4d58 LITECOIN: LY6a8csmuQZyCsBZbLDTQMRuyLdsW9g2na
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BAT Currency: Uphold a/c name maneco

"Trump Threatens Mexico": https://www.ft.com/content/ebc854f8-8...

"Fed Open to Rate Cuts": https://www.ft.com/content/2d5f6610-8...
 

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Gold & Silver Prices Rise on Mexico Tariff Threat
Illuminati Silver


Published on May 31, 2019
Gold & Silver Prices Rise, stock markets fall on Mexico Tariff Threat

Does Politics Matter Video:
https://www.youtube.com/watch?v=qe8xs...

https://www.illuminatisilver.com/sign...

Today is Friday 31st May 2019 and we are briefly covering President Trump’s announcement this morning of possible tariff charges against Mexico and its effect on stock markets and gold and silver prices.

On the 6th May we produced a podcast video entitled ‘Does Politics Matter’ where we responded to the fact that the previous day to that President Trump said on Twitter the US would more than double tariffs on $200bn of Chinese goods on the following Friday and introduce fresh tariffs.

Stock markets including the Dow Jones plummeted to as low as 471 points down (almost 1.8%) on the news, in early trading. We saw gold immediately jump $10 and silver 4 cents, as it was feared and reported that the Chinese trade talks due that week would be called off.

We concluded the podcast with the following words:

“So, whether you are a gold and silver bull or bear, its worth at least taking into account, not just technical and fundamental analysis but also political considerations too – which is why to a large degree most of our forecasts have been more accurate than not.”

Now to be really honest we were somewhat disappointed by the number of views that you tube video received – just a little over 700.

The reason being, is that with this particular President in the Whitehouse, politics perhaps matter more than at any other time, and as our subscribers and members purchase gold and silver for themselves, and other precious metals for both insurance and potential investment purposes, we cannot over emphasise enough, the importance that politics play on the prices of these pieces of metal you and we both hold particularly over the short term. (For those interested we have placed a link to that podcast in the description below).

This morning is another great example where politics matters:

In a tweet this morning, US President Donald Trump has announced that from 10th June, a 5% tariff would be imposed on all goods coming from Mexico, unless it curbs illegal immigration into the US. In addition, this 5% would slowly rise "until the illegal immigration problem is remedied".

Already this morning most European, Asian, Middle Eastern & African stock markets are down from 0.55 – 1.5%, The Dow, Nasdaq and S&P 500 are all down over 1% with the Dow currently standing at 24,867 down some 293 points.

Gold has jumped some $16 to $1304 since this morning, and silver which has performed terribly this week has recovered some 23 cents since its week’s low at $14.53.

In our weekly update tomorrow we shall comment further, but for now even Republicans are criticising the President for using tariffs as a weapon on immigration issues; but in fairness to him there is the argument that Mexico has done very little to prevent the rising tide of immigrants congregating at the Southern Border, and therefore something has to be done.

What is for certain Politics does matter, and political decisions do have an impact. Just look at the BREXIT fiasco in the UK for example, where gold is now standing at £1030 up £30 so far this week and up over 21% since the original Brexit Referendum when in US dollar terms its up only some 2% during the same period.
 

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US Dollar Dilemma $USD | Luke Gromen
SilverDoctors


Published on May 31, 2019
Weekly Bullion deals https://SDBullion.com/deals
This Podcast - http://www.SilverDoctors.com/precious...
Gold is closing this week forcefully while silver stayed flat. The spot price of gold is likely to close just over the $1,300 oz mark in fully fiat Federal Reserve notes.

The silver spot price is likely to finish around the $14.60 oz mark, in fiat US dollar terms.

The gold-silver ratio has climbed to 89, a more than 26-year high level. The last time the gold-silver ratio hit 90 was in early 1993.

This week we’re pleased to welcome a new guest to this bullion podcast. Mr. Luke Gromen of Forest from the Trees visits with us right after these brief message from our sponsor.

Welcome to this week's metals and market podcast.

With us this week, a new guest to the show.

Founder of unique macroeconomic research firm Forest for the Trees, Mr. Luke Growmen, thank you for taking the time to come on our podcast.

FULL SHOW NOTEs:
https://SDBullion.com/blog/us-dollar-...

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#LukeGromen #USdollar #GoldBullion