Today was about fake stock market moves based on fake Tax Reform as evidenced by the screen shots below. CNBC have an agenda or what?
Gold bulls at rest right now as once again the USD/JPY moves higher putting pressure on metals and miners. This is a rinse and repeat story that has gone on too long. I see us over 1300 to 1310 sooner than later after this noise ends.
Not really much else to say except for the Fed and other central banks meeting with other economic and strategic advisors for a global summit in Jackson Hole WY later this week. Wonder how may protesters will be there versus Arizona. Some people don’t understand how the world works. The interesting part to me, neither does the Fed and other central banks. They may claim to, but take a look at each countries Debt to GDP and you’ll see the only support of global growth; government spending. This won’t end well.
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About Doug EberhardtDoug Eberhardt is a 28 year financial services veteran and precious metals broker selling gold and silver at 1% over wholesale cost. Doug has written a book to help investors understand how gold and silver fit into a diversified portfolio, how to buy gold and silver, and what metals to buy. The book; “Buy Gold and Silver Safely” is available by clicking here Contact phone number for Buy Gold and Silver Safely is 888-604-6534
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Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with capital you can’t afford to lose. This is neither a solicitation nor an offer to Purchase/Sell futures or options. No representation is being made that any account will or is likely to achieve gains or losses similar to those discussed in this outlook. The past track record of any trading system or methodology is not necessarily indicative of future results.
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