I posted a little while back that gold had room to move to 1200 before a bounce and seems to be holding so far. I don’t know if we’ll have a really big bounce but we’ll see if it holds. If not we could head down to a few areas. The 1080 support is a breakout point with a range between 1080-60 where it broke out that is now support. If it breaks below that I could worry about possibility of heading to 1000 or Armstrongs below 1000 all though not that pessimistic yet but not that optimistic either. Well just have to watch what it does now. So far it’s holding.
1088 and 14.30
As for the duller who knows but it will go down to celebrate by July 4. Hang onto your profits. Then what the hell do I know. I tapped out last week.
Auandag @ 21:31 How low Gold and how high dollar
TPTB have been implying they will raise USA interest rates when the economy is strong enough to tolerate higher rates. But a higher dollar will squash the US economy like stepping on an ant.
Regarding a higher dollar, lower Euro and Yen, could be because the foreign countries are pushing THEIR currencies lower via negative rates, which give inverse strength to the dollar, and to hell with the US economy.
The only way this trend makes sense? Is if the global powers are taking it for granted that Trump will be new president, he will stimulate the HELL out of the US economy, at the EXPENSE of rest of the world’s.
If that’s the case, then it’s understandable for the foreign nations to gang bang the US economy as much as possible via weaker currencies BEFORE TRUMP gets in. One last global welfare check, before they have to support and cannibalize themselves for the next 50 years like what happened to the USA after 1975.
As for Gold after Trump gets in? I’ll bet on a lower dollar. Especially if he declares US bankruptcy and or “makes a deal” with bond investors. They deserve some pain. They have been the only ones unscathed after 1980.
Remember the bail ins? They took money out of bank accounts? They say a huge part on the US population does not even have $1,000 in the bank. The tax payers can’t afford any more bailouts either. So this time watch the Bond holders get tapped.
joe12pack @ 17:30 I notice NASA is finding it useful to piggyback onto the baseline data
that were gathered from a study site on Devon Island in the early 1970’s. It is fairly low cost biophysical baseline data when you can get it from existing archived scientific studies funded 40 years ago.
http://arctic.journalhosting.ucalgary.ca/arctic/index.php/arctic/article/view/2958
edit fix hyperlink above: wj
silverngold
Glad the AdBlock works for you. Amazing, I can load ZH and SGT Report at the same time. Go figure.
joe12pack @ 17:30 Good eyes my friend
To answer your question I have to ask another one. What does it cost to geoengineer the entire earths atmosphere for the past many years?? And another question: would the public be more inclined to support a “Mars Mission” program or a geoengineering program that is doing irreparable damage to themselves and all living things on the earth??
here’s what I see
I see an arctic Lemming found on Devin Island where NASA coincidentally has a rover testing facility.
So the next question is WTF are they doing with all the billions they have spent since they are obviously faking the Mars missions.
Maybe the EU prosper in numbers was just a sinister plot to do just the opposite little by little.
Hope the citizens wake up soon and also realize the EU and UN is nobody’s friend. Armstrong deciphering what their really doing
The EU is laying the groundwork for everyone in Europe to be given a new tax ID number in preparation for moving to electronic money. They are using a National Insurance number pretense to disguise the real objective. This scheme was passed by the Economic and Monetary Affairs Committee last week. This is another step in the federalization of Europe and even the British will have to comply. Naturally, nobody will report this in Britain because it obviously calls for a European Taxpayer Identification Number to keep track of every EU citizen, which include the British. The actual the European Commission text reads:
“Proper identification of taxpayers is essential to effective exchange of information between tax administrations. The creation of European Taxpayer Identification Number (EU TIN) would provide the best means for this identification. It would allow any third party to quickly, easily and correctly identify and record TINs in cross-border relations and serve as a basis for effective automatic exchange of information between member states tax administrations.”
This covert maneuver calls for the EU to take over member states’ corporate taxation powers with a common corporation tax base for Europe as a whole. The British corporations are suddenly going to taste the bitter bite of Europeans socialism and watch their taxes sky-rocket. That should help increase unemployment in Britain at a far faster pace than expected. This new legislation is banning sovereign member states from increasing their competitiveness by cutting corporation tax below 15%. Brussels is eliminating independence within Europe on taxes and this enables Brussels to be handed the ability to track every EU taxpayer, laying the foundations for a new European tax and to prevent competitive taxation to lure in companies from other members to help reduce local unemployment.
FWIW: ALERT: Soros Just Dumped Millions in US Stocks To Buy Gold
I don’t know if this was already posted but it’s worth a listen. From May 16th.
Buygold and eeos
Buygold, thanks for your suggestion of AddblockerPlus. Since installing it all those damn pop-ups etc have disappeared.
eeos, ditto for your SuperantiSpyware Free Edition. I use Avast Premier that is supposed to keep things “clean”, but your SuperantiSpyware after installing found 756 different issues from malware to spyware that it took care of. AMAZING !!
I’d recommend both programs to anyone having PC issues.
Re: ET
Bizarre ‘UFO craft’ captured on film ‘floating with the clouds’ close to a US military base in Ohio
Are you snooping in my backyard?
Damn Earthlings!
Looks like a hamster to me
but what’s he suppose to eat on Mars??? Mars bars?
Mar’s Rover Image
check this out– an image from NASA’s website.
An image from the Mars rover Curiosity. Download the hi-res TIFF and look at this area. What do you see?