Author Archive: admin

 

Silver Way Undervalued

Posted by on September 30th 2016 in Uncategorized | Be the first to comment!

After rocketing higher mid-year, silver has spent most of the third quarter drifting sideways to lower. This has naturally weighed on sentiment, with investors and speculators alike growing more bearish during recent months. Yet silver remains way undervalued relative to its primary driver gold, so silver’s young bull market is far from over. This metal’s upside from here is still massive as it mean reverts higher with gold. …read more

Source:: GoldSeek

DB Madness

Posted by on September 30th 2016 in Uncategorized | Be the first to comment!

By Turd Ferguson Suddenly, DB shares are jumping this morning as rumors have appeared that the US DoJ will trim the fine that started all of this a week ago. And did you happen to catch the up/down stop run in silver earlier today? If you blinked, you likely missed it!
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Source:: TF Metals Report

The Biggest Scandal

Posted by on September 30th 2016 in Uncategorized | Be the first to comment!

Certainly, any attempt to identify the most serious current financial scandal involves stiff competition and the need for objective measurement. Scandals have become almost commonplace and come in all varieties and sizes and vary in the degree of publicity they attract. But there’s a big difference between the scandals that create the most headlines compared to the scandals that financially damage the greatest number of victims. I would contend that the biggest scandal must be defined by the greatest financial damage to the most people and not the amount of publicity a scandal might generate. …read more

Source:: GoldSeek

America is on a slippery slope

Posted by on September 30th 2016 in Uncategorized | Be the first to comment!

In early September, when President Obama landed at Hangzhoi for the G-20 summit in early September, the CIA security men were told in no uncertain terms by the Chinese that they were not in charge of landing arrangements, and that the President would disembark by the rear exit. It had the hallmarks of a calculated snub, as did the obligatory photograph of the world’s leaders, where the President was placed firmly on the far left, and not near the centre, which is customary. …read more

Source:: GoldSeek

Has the Dow theory lost its relevance: Stock market ignored it and rallied to new highs

Posted by on September 30th 2016 in Uncategorized | Be the first to comment!

The Dow utilities and the Dow industrials both traded to new highs which means rather than leading the way up; they are propelling individuals to draw the wrong conclusion. The Dow Theory ceased to work properly a long time ago and in the era of hot money; today it is having a hard time trying to be of relevance. The alternate Dow Theory that focuses on the utilities is a better option. Thus, maybe it is time to put this 100-year-old theory to rest; we will let you be the judge. …read more

Source:: GoldSeek

There’s Nothing to See Here Folks. Just Move Along…

Posted by on September 30th 2016 in Uncategorized | Be the first to comment!

U.S. stocks executed a shallow swan-dive around mid-session on Thursday, spooked by news that a bunch of hedge funds had withdrawn spare collateral parked with Deutsche Bank. Predictably, the pundits downplayed Deutsche’s problems, including a $14 billion shakedown by U.S. regulators to settle mortgage claims from the Great Financial Crisis. With no hint of irony, Bloomberg.com calmly noted that “the situation doesn’t appear to be that dire for Deutsche Bank at the moment. …read more

Source:: GoldSeek

Gold Bullion Halves Weekly Drop as Deutsche Bank Blames ‘Rumors, Speculators’, China Starts Holiday Week

Posted by on September 30th 2016 in Uncategorized | Be the first to comment!

By Adrian Ash GOLD BULLION halved the week’s earlier 1.4% losses Friday in London, rising to $1327 per ounce as the rout in Germany financial giant Deutsche Bank’s shares worsened, global stock markets fell back with commodity prices, and China began its week-long National Day holidays.

Deutsche Bank’s stock was already 40% down for 2016 before the US Department of Justice recommended a $14 billion settlement in mid-September over the sale of mortgage-backed derivatives.

DBK has since dropped another 20% to near all-time record lows.

CEO John Cryan today told staff that DBK’s stock has become the target of “rumors” and “hefty speculation” …read more

Source:: BullionVault

Gold and Silver Market Morning: Sep-30-2016 — Gold and silver hold at support!

Posted by on September 30th 2016 in Uncategorized | Be the first to comment!

Look at the difference between New York’s close and Shanghai’s p.m. fix! With the Yuan becoming one of the currencies in the SDR tomorrow we are closely watching to see if there is any change in a range of Chinese activities. Many feel that the Yuan has done little internationally so far, so why should it change now? We feel, as you know, that China has been holding back until this moment came. From now on we will see the action in the currency, etc. going forward. …read more

Source:: GoldSeek

2017 $3 Silver Coin Celebrates Spirit of Canada

Posted by on September 30th 2016 in Uncategorized | Be the first to comment!

By Darrin Lee Unser Imagery reminiscent of Canada appear on a new collectible that has the added attraction of being the most affordable silver coin produced by the Royal Canadian Mint.

Entitled the 2017 Spirit of…
[[ This is a content summary only. Visit my website for full links, other content, and more! ]] …read more

Source:: Coin News

2016 Australian Kangaroo Silver Proof Coins in 4 Sizes

Posted by on September 30th 2016 in Uncategorized | Be the first to comment!

By Darrin Lee Unser Earlier this month, the Perth Mint released a set of 2016 Australian Kangaroo Silver Proof Coins in 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz sizes.

The four-coin proof set, which is still available for AUS…
[[ This is a content summary only. Visit my website for full links, other content, and more! ]] …read more

Source:: Coin News

Using ETFs To Hedge Against Rising Rates

Posted by on September 29th 2016 in Uncategorized | Be the first to comment!

By Sumit Roy The September Federal Reserve meeting passed without much fanfare, quieting markets that had been getting jittery about a rate hike. The central bank―eyeing the uncertainty of a presidential election in November―chose to delay its much-anticipated interest rate increase, but not for long. …read more

Source:: Hard Assets Investor

US Mint Sales: 2016 Proof Silver Eagle at 363,103

Posted by on September 29th 2016 in Uncategorized | Be the first to comment!

By Mike Unser This year’s proof Silver Eagle is strongly outperforming earlier editions, registering sales in its first 10 days that took last year’s coin 5 months to reach.

The proof opened with three-day sales…
[[ This is a content summary only. Visit my website for full links, other content, and more! ]] …read more

Source:: Coin News