Current Thoughts 8/23/2017

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 Eberhardt

Doug 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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