George Gero – Updates On Options Expiration Day
George Gero, Managing Partner at RBC Wealth Management joins me today to share his updates on open interest for gold. This is the first time in a while that the gold price is well above the option price which was at $1,325.
This is a preview to segment 2 this week’s weekend show. Since it is time sensitive I wanted to get this update to everyone early! Thanks to everyone for checking the site on a daily basis 😉
Click download link to listen on this device: Download Show
G&S, just got monkey hammered down….Aw well.
Donald Duck’s big mouth………….
Muchy…….put in his place……..on the dollar………
I tell you, Jerry, Trump ought to fire Munchkin…never should have hired that swamp creature…
And who thinks the Chi Coms are gonna keep buying Treasuries???
When Trump gets through his trillion dollar porkfest…sorry…infrastructure…the dollar with tank even more and the bubble will inflate even more for a while…but then…this will go down as a Trubble…Trump Bubble.
I agree….Muchy was a bad choice………IMO
I bet N.Korea will be buying the bonds…., in lieu of bombs supplies….. 🙂
This Is Chaos: Trump’s Dollar Debacle Betrays Laughable Incompetence
therealheisenberg / 17 hours ago
> What a day in $GOLD! It was down, then up, and then careened down after the close on the political theater and the US Dollar reversal, in after-hours trading.
It should be noted that last night in overseas trading, Gold eclipsed the 2017 high of $1362.40 to over $1365, and today it closed at $1362.90.
Technically that a higher high than in 2017 (by $.50) and the year just got started.
http://stockcharts.com/h-sc/ui?s=%24GOLD&p=D&yr=5&mn=0&dy=0&id=p36107254267
Left you a note on our debate…… 🙂
maybe debate is not a good word…….discussion……
Thanks OOTB. It was a debate/discussion.
I appreciate ya man!!
Ditto……and I as well, appreciate ya……..but I’ve “told ya” that before… 🙂
hehe Thanks !
https://youtu.be/e0C_qG5U7pE
cody snodgres
This is an hour long, quite the story, at the end, he points out Obama and clinton are traitors and points to the proof.
oh ya, and isis is an american army, in case anyone didnt know by now.
Good listen , ….
Here is IRA……..
https://www.youtube.com/watch?v=AlgmBSqz918
Tesla truck seen on the road in CA.
Deep State……did not count on this one ……NKand South Korea to unit…….
https://www.zerohedge.com/news/2018-01-25/north-korea-calls-koreans-push-unification
A thaw in North-South relations that began early this year as North Korean leader Kim Jong Un and South Korean President Moon Jae-in has accelerated into a full-on reversal. To wit, North Korea on Thursday issued a rare message for “all Koreans at home and abroad,” saying they should make a “breakthrough” for unification without the help of other countries, its state media said.
Jerry…I pray to GOD that north & south reunite, & tell the US to get stuffed, if it happens China & Russia will plow a huge amount into the country, so it becomes another part of the silk road. And if that “SHOULD” happen then it wont be long before Japan follows suit. Then US influence in Asia would die……IMO.
Irish…….I hope they unit, so the deep state war machine goes out of business……
unite…not unit……
Hell, I hope so, too. Just think if they united…maybe after over 6 decades our troops could finally come home and we’d save a fortune….of course the MIC would have none of that.
If, McCain departs this world, then odds are good, that there is a better chance for peace,…however, I bet there are ten others looking to fill his seat of greed….
MIC….Military Industrial Congress
Lockheed , needs to be locked Out……….
Bushs, need to ride the last missile out
geez I hope thats true, I would love to see Korea together.
Honestly … been hearing about Comex options for (seemingly forever).
I haven’t been able to get my head around this (although I do look at the speculative (dumb) money versus the commercial (smart) money positions) … I have usually been on the dumb money side (probably because of what I know about the markets and positioning).
If anyone has some good links to help disfunctional participants in this market (like me) it would be greatly appreciated!
Trump just crossed over to the dark side.
His bargaining starting point for negotiation is to make 1 million illegals that never even bothered to sign up for DACA legal.
My conclusion is that he needs to re-read The Art of The Deal.
I wonder if that book was ghost written.
check out what they have to do to qualify………to stay here……
Work , education, and good moral…….
That might disqualify many of them…..I bet a lot get caught by IRS, on welfare fraud, and claiming to many dependents ……..
Notice the word fraud……..in the language……
Kinda like his ‘negotiating tactic’ of rewarding Israel’s criminal behavior by recognizing Jerusalem as Israel’s capital, exacting no concessions in return.
METALS INVESTOR FORUM VIDEOS LIST January 2018 with one-click to youtube
(VTT) (VDTAF) Vendetta Mining Corp (Michael Williams)
Metals Investor Forum, January 2018: #VIDEO
(EMX) EMX Royalty (David Cole)
Metals Investor Forum, January 2018:
(ORE) (ORZCF) Orezone Gold Corp (Keith Peck)
Metals Investor Forum, January 2018: #VIDEO
Finally Obama shows signs of fear over FIFA illegalities, by hiring lawyers to represent him.
OFF TOPIC, but needs to be heard, even if preaching to the crowd:
Millions of deceased and illegal voters have been discovered by the Department of Homeland Security (DHS) in an investigation the Democrats are desperately trying to cover-up.
Pew Research suggests that 1.8 million registered voters were found to be deceased, a further 24 million had invalid voter registrations, and 2.75 million people illegally registered in more than one state.
Conservativedailypost.com reports:
While underage voting is a problem with 292 minors voting during the 2016 general election, the dead people casting ballots is more concerning.
The presidential commission uncovered 45,880 voters who cast ballots in the 2016 presidential election who were more than 115 years old, many of whom were born before 1700.
These numbers are vastly under-reported because of the commission’s inability to get states under a democratic stronghold to comply with voter information request.
In many states the voter fraud is so rampant they have more people on their voter rolls than actual eligible voters in the state. Alaska, California, Colorado, Washington D.C., Indiana, Kentucky, Maine, and Michigan all had more voters on the rolls than eligible citizens. Considering not everyone eligible to vote indicates an enormous amount of fraud being perpetrated in an effort to rig elections.
Non-citizens voting in our election is also a rampant issue. Virginia is not a hotbed for immigrants, illegal or otherwise, and it still saw 7,474 non-citizens cast ballots in the state. Because Virginia is a swing state, it is especially important that their election results are not tampered with by foreign nationals in our country trying to rig elections. California did not comply with the Presidential Commission, had they done so, it is likely the number of non-citizens voting in the golden state would have been of astronomical proportions.
The commission also found that over 45,000 people voting in the 2016 presidential election cast ballots in multiple districts, voting multiple times. People are district hoping to multiply their votes and the Democrats are unconcerned with the impact of this unscrupulous behavior and have blocked all attempts to purge the rolls of these bad actors.
Democrats often fight voter identification laws which would force citizens to provide ID before casting ballots in our elections. President Trump finds the policy of allowing people with no ID to vote to be absurd, stating in a Tweet, “As Americans, you need identification, sometimes in a very strong and accurate form, for almost everything you do…. Except when it comes to the most important thing, voting for the people that run your country, Push hard for Voter Identification.”
Democrats are fighting to keep the voting system in America virtually unregulated. While the evidence is clear that millions of ineligible voters are capable of casting ballots each year in our elections, Democrats have no interest in correcting this. They are protecting their illegal immigrant voters, their non-citizen voters, their dead voters, and their ineligible voters because they help keep the scales tilted in their favor. For Democrats winning elections is the most important thing, and if that means condoning, encouraging, and protecting criminals, so be it.
With DHS taking over the investigation, election officials will be subject to prosecution as will illegal voters. Democrats will also be unable to obstruct their efforts by filing frivolous lawsuits and blocking the release of crucial information requested. The law enforcement agency will have far more latitude on how it pursues the case moving forward, with far more resources and reach than the Presidential Commission had.
If you read the above, perhaps you will understand why I am calling for the criminal indictment of all Mayors who run sanctuary cities and illegally shield illegal immigrants.
Also the governors of Sanctuary states who spend federal welfare money on illegals should have federal grants suspended.
If North Korea and South Korea re-unite, Trump should get some credit for exposing The North’s nuclear capabilities. The North only wants to negotiate because they can’t get away with lying about the nuclear weapons they were building in ever increasing numbers and sophistication. After a few more years they could inflict Armageddon on anyone they chose.
If you own Bitcoin, here’s how much you owe in taxes
Kyle Walsh – 6 hrs ago
from the land of fruits and nuts….
http://reason.com/blog/2018/01/25/california-bill-would-criminalize-restau
I wonder why so many nuts are in the legislature though.
6 months jail for serving a drink with a straw…..obviously the nut who introduced the bill does not have any two year old children.
They aren’t nuts, they are practical atheists. They are acting in accordance with their theology: no God means man is god, man is his own ultimate authority, he gets to do what he wants. Calling them nuts isn’t an argument.
David Skarica: Gold Set to Break $2,000 in 2019
January 25, 2018 – Collin Kettell – Palisade Radio
http://palisaderadio.com/david-skarica-gold-set-to-break-2000-in-2019/
When is the DOJ going to Indict John Kerry for violation of the Logan Act?
Over the last 12 months the US dollar index is now down 14.2%.
The US is now oil independent, but expect imports in other goods to rise substantially in price.