Precious metals are apparently waking up. And here is where you can find the best deals.
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The breakout is a bullish cross over in which the 50-WMA breaking about the 200-WMA.
Gold is now up almost 4% year-to-date, approaching $1200 - 8 week-highs...
Greg Hunter goes One-on-One with Rick Rule as they discuss debt, default and Gold
There are lots of reasons silver is poised to rip higher over the next few years. Here’s another one, and it’s a new development that’s flying under the radar of most investors…Indian citizens buy a LOT of gold. Macquarie bank estimates that 78% of India’s household savings are held in gold, more than any other economy in the world. Right or wrong, this much savings in gold creates a drag on growth, because the available funds for bank lending decrease.
Worse “than the 1994 ‘Bond Massacre,’” with “sustained double-digit losses on bonds, subpar growth in developed markets, and balance sheet risks for banking systems….”
This is very positive for precious metals:
Nigel Farage tells Lou Dobbs what's going on the Brexit deal in detail, out ling the pro's of getting out and that Prime Minister Theresa May has done nothing but talk!
The US & the euro area both face considerable political uncertainty in 2017. The Fed is not adding to that by creating confusion about its reaction function.
“Financial Lockdown… ATMs Went Dry”: 3 Police States Banning Cash to Control the PeopleJanuary 11, 2017
Cash is being restricted to maintain control over the citizenry. Long lines, withdraw limits, capital controls, will all define the next crises in America.
The Global Risks Report says unemployment or underemployment, energy price shock, deflation, fiscal crises & asset bubbles in the main economies.
To err when you’re the Federal Reserve means national wealth gets destroyed & millions of people lose their jobs.
The economy is still Relying on near zero interest rates that relies on a Institution & Janet yellen say's Shiller.
U.S. President-elect Donald Trump on Tuesday pressured fellow Republicans working to repeal Obamacare in Congress to pass a replacement for the healthcare law at the same time or soon after they vote to dismantle it.
Which will cause the dollar to weaken and "precious metals to go ballistic," he explained.
Gold: HUGE SPREAD 2ND FIX TODAY!!: $19.36 China rejects NY pricing of gold as a fraud/arbitrage will now commence fully...
Posted on January 10, 2017by Gail Tverberg of ourfiniteworld.comGail Tverberg give's an excellent perspective of things to come as the underlying problems are sufficiently severe that we seem to be headed for a crisis far worse than 2008.
A US National Intelligence Council study paints a gloomy picture.
Echoes of the Great Depression
The world he campaigned for is falling apart, and now he's busy looking for leaders to indict.
Trump also accused the 86-year-old billionaire of robbing our working class, stripped our country of its wealth & put that money into the pockets of a handful of large corporations and political entities.”