Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
Total Voters: 34
Loading ...Thanks for the optimism, Farmboy, but shoes or not, it ain’t about the feet today. Today’s dance involves tree-hugging at 80mph.
Madeline has weakened considerably, but still carries a lot of water that is about to hit two 14,000 ft high speed-bumps named Mauna Kea and Mauna Loa later today. Guaranteed to make a hurricane puke.
Re China more Gold than US.
The average tramp has more Gold in his/her teeth than the US !!!!!!!
These billion + $ dumps seem like they are just probing where the buyers show up. Wouldn’t surprise me to see your $15-20 billion dump come Friday after the jobs report. Just temporary games IMHO.
Looks like HUI may have to go to 200
I guess we’ll see.
In Tom Cloud’s precious metals update this week he discusses how a source in Europe, which he has known for more than 35 years, has told him that there is going be a surprise as China may announce they have more gold in their official reserves than the United States.
Tom Cloud continues by saying, this surprise announcement by the Chinese is not a fact or guarantee, but he states that this is a very good source he has used for over 35 years. It will be interesting to see what gold figure China announces as they will be apart of the IMF SDR- Special Drawing Rights as of October 1, 2016.
There has been a lot of speculation on the amount that China will release as the official gold holdings. Tom Cloud explains that the Special Drawing Rights when China gets them in the beginning of October will be weighted based upon the value of the other five currencies (Chinese Yuan, U.S. Dollar, English Pound, Euro & Japanese Yen).
Tom goes on to say that if his source is correct that China announces more official gold reserves than the United States, there will liekly be a liquidation of U.S. Treasuries worldwide.
Tom Cloud Precious Metals Update: Will China Announce They Have More Gold Than The U.S.?
now if the Boyz will only drop another 15-20 billion they can get gold down to the 61% fractile and we can begin our next run UP. It ought to be a very good fall season.
Someone Just Dumped Almost $5 Billion Notional Gold Into The Futures Market
in spite of the recent beat down, Silver is still up $4.00 bucks year over year, which is a 27.7 % increase. We could give up a little more, and still beat what the general markets are doing. Maybe a few folks are learning to read numbers ? Even Silverangold seems to be able to keep up with his rithmatic tests at the Oasis. Lets hope he keeps his fingers and toes. 🙂
Its, ok, those commercials didnt hurt me one bit.
Not hard to figure out why Yahoo is falling into the Pits of Zool. “Functionality” must be a banned word at headquarters!
Re Yahoo News pages
Who ever redesigned those pages needs shooting, they obviously have no idea about news/info, all they want is children clicking garbage….agreed totally ruined.
Some good buying coming in here, hope it’s not just filling opening gap….short term shares are v o/s.
In fact looks like we have a huge fight going on….Scum selling…but larger buyers out there.
Bill Gross has gone from mainstream to GoldBug……if the likes of Yellen had to rely on their own wealth, rather than a state salary/pension they too would make that journey.
Maybe he will soon be calling them the Scum and posting on the Tent !!!!!
Regarding the Yamana (YRI.to) (AUY) Agua Rica project
According to Catamarca province local newspaper El Ancasti yesterday, we’re now just days away from the legal ruling in the province that will ratify the Argentine Supreme Court resolution in March and to activate the permanent suspension the Agua Rica project owned by Yamana Gold (AUY) (YRI.to). But don’t worry, Marrone will say it doesn’t matter and they were going to do a new EIA anyway…
Here ends the message aimed at the “Argentina Is Now Suddenly Wonderful For Mining” morons currently making the most of their 15 minutes at the microphone.
Hiya Maya thanks for the welcome back!
As far as the news goes, Yahoo changed their news pages into a morass of non functionality and it was taking way too much time.
Watch out for those hurricanes. Keep your head down and stay dry!
So, Trump headed to Mexico to meet with the Mexican President. Who would’ve thought? Can’t imagine his security detail is thrilled about the idea, but probably not a bad move for him as he gets another chance to look “presidential” like he did in Louisiana.
Gotta wonder, if the Pres of Mexico didn’t think Trump had a chance of winning, why invite him at all?
USD been uber strong, almost as if it really believes the Fed will raise rates in Sept.
Course the last time they raised rates in December, we had the beginning of our nice gold rally, maybe history will repeat.
Watch Trump’s speech here, no commercials:
http://rsbn.tv/watch-donald-trump-rally-in-everett-wa-live-stream/
”
The Federal Reserve, with its bargain-basement interest rates and money printer always on standby, is manipulating financial markets and crushing capitalism, bond king Bill Gross said in his latest broadside against the U.S. central bank.
In a letter to clients, Gross addresses Fed Chair Janet Yellen directly, saying the policies she has pushed “have deferred long-term pain for the benefit of short-term gain.”
Want to thank you for posting the Trump link last night. Decided to watch the event this morning. YouTube has put about a hundred commercials in the video. Unbelievable ! Hope my old mouse is up to doing some clicking today as I skip the commercial content. Grrrrr !
The good news is, listening, watching Trump usually makes me less grumpy. 🙂
Maybe gold and silver will rally a little, that seems to help too.
Good Morning, and another day begins.
Ipso has been slacking of late, I’m glad you are encouraging him to pick it up a bit.
Thanks for the coffee, black of course, and I even liked the cup. I will try not to be too grumpy today, but I cant promise. 🙂
Looks like you get to practice your dancing today. Shoes are optional.
Almost hit support first.
Maya guess you know one hurricane is expected to brush to the south of you and the next following it going to the north.
Florida going to be threatened with storm surges, winds and possible tornadoes.
Get those morning headlines up! And…
And make sure Farmboy gets his BLACK. He’s been filling in for you, and he gets kinda Grumpy…
The Challenger flies across the great plains with the Gold Train.
http://www.railpictures.net/photo/585842/
