Watching closely the relationship between the USD and Gold
Jordan Roy-Byrne joins me to chat about the recent relationship between the US dollar and gold price. Over the past year the two have moved up together but today was a divergence of that trend. Not saying that this one day is the start of a new trend but a falling dollar could bring on all sorts of new risks that most are ignoring.
Click here to visit Jordan’s site and follow along with his metals commentary.
Jerry,
There is something wrong with that ZeroHedge article. The charts that show the amount of Treasuries that China, Japan, Belgium and the Cayman Islands hold is correct but the last chart has the World Treasury Holdings at 2.977M. 2.977 Million? Must mean 2.977 Trillion but even that is wrong according to the data. Foreign holdings of Treasuries has increased to 6857.5 Billion. It did not decrease as that last chart shows..
hummm, ……must be that fuzzy math…….Americans can not do math….lol
Interesting……thanks for the follow up…..
I think this is something to keep on the radar….for future thought….jmo
At least you are helping us…….think, what the heck is going on……always appreciate your input……
Plus so many of the gooooberment numbers are lies…just look at CPI and UE!
Jerry, how’s it going today? Are you pensive in Penseville…or are you in Rubioville today?
Penseville……..still doing research from George Webb……….he has a good one today….
about 7 min long…..I tried to post but youtube is screwed up….
https://www.youtube.com/watch?v=XfILd96rpVw
The guy speaking is not George, but, the cut outs are nice to see where the office
of special operations were in 1960, which have been subverted….after JFK,
Massive cover up via….cia, dia, dci………The DCI……is a good one
The unemployment rate really is correct according to it’s methodology says John Williams of ShadowStats.
Looks like foreigners are still buying Treasuries contrary to what most in the ALT-media say.
https://www.zerohedge.com/markets/foreign-demand-7-year-paper-surges-2019-high-strong-7-year-auction
GDX vs GLD was noteworthy today:
https://stockcharts.com/h-sc/ui?s=GDX%3AGLD&p=D&yr=0&mn=7&dy=0&id=p21023863948&a=693702970
https://youtu.be/OFcT1Q3zh5M?t=36
LAST WEEKS Macalvany
Good news for Canada: Odious Obongo has endorsed blackface Trudeau for PM. This is the kiss of death.
Odious Obongo’s endorsement being “the kiss of death,” made me think of Oingo Boingo’s “dead man’s party.”
Captain Obvious Says Gold Miners Have 15%+ More Downside Ahead
by @Goldfinger on 15 Oct 2019
“As the gold miners drift lower during a seasonally weak part of the year (mid-October) for the sector, a textbook complex head & shoulders top pattern has formed.”
https://ceo.ca/@goldfinger/captain-obvious-says-gold-miners-have-15-more-downside-ahead
If you’re bringing up oingo boingo then I have to throw out captain sensible to this headline. 😏
Everyone and his guru is aboard that H&S pattern so I’ll be surprised if it gets close to its target. In fact, a significant decline from here would not at all be consistent with the action we’ve had since May.
This weeks Mcalvany talks repos
CNN Exposed:
BOYS!
CORRUPT TYRANT DIES!
https://apnews.com/472ab99bda374c3ba906366d2f0a6d00
Certainly an exception to the rule. Usually these rat bastards live forever, or at least it sure seems like it.
He can no longer pillage the taxpayer or keep his own people down…of course the next DemoNRat who replaces him will keep on where he left off…but maybe there’s a special place in Hell for these corrupt politicians…let’s hope so because there is little to no justice on Earth!
our arms around this one……..George Webb…….update ….
https://www.youtube.com/watch?v=riJ4QXzIxqs
Reply to this comment
On October 17, 2019 at 6:48 am,
OOTB Jerry says:
Crowdstrike……..Crowstrike……….Pres.Trump getting some help connecting the dots., finally.
Reply to this comment
On October 17, 2019 at 6:51 am,
OOTB Jerry says:
Wonder why Pelosi walked out of the meeting……..she has been discovered, concerning the blackberries and server………..Treason and a noose for Nancy……the Mob is on a short leash …….UKraine Nancy…..Baltimore Nancy…..
Reply to this comment
On October 17, 2019 at 6:57 am,
OOTB Jerry says:
Baltimore Cummins…..maybe the town will have enough money to buy some airconditioners for the schools now.?………$1.8 Billion missing and he ain’t telling no more.
RIP………sorry, but, Fact are facts……..
Reply to this comment
Half a trillion dollars? WTF? And that’s just a small part.
If even a small portion of what this guy says is true it shows gooberment is an entirely criminal enterprise.
And anyone who pays taxes is a victim and anyone who willingly pays taxes is a brainwashed sheeple. But there are plenty of these. Last night in the city council meeting 3 citizens stood up and demanded the council raise their taxes. Of course, I believe a couple of them were plants, the other just an idiot.
How much money……has the FED printed………there is your money…..along with the Pentagon missing money……gold, mines, gas, oil…..it all adds up
How much money was in Iraq, Libya, Ukraine, Egypt, …Panama, ….just look at the long list of countries that the ciashadowgovt wars there have been since 1947
Half the people have their heads up their behinds……….DEBT SLAVES…….is all the Americans are good for…..
https://www.zerohedge.com/news/2019-10-16/16th-amendment-how-us-federal-income-tax-became-dcs-favorite-political-weapon
EBO>>>>>>>>>>>>take a copy this to your next meeting……………. 🙂
I tell you Jerry, they don’t even listen but if they did they wouldn’t care about anything I have to say. I am a stranger in my own country…a stranger in a strange land.
Kind of like around here…………..lol
As far as Cannabis stocks go another reason for the recent move higher has been all the insider buying at these low levels. Buying MSO pot stocks at these levels seem to be the right move as they are showing moves towards profitability.
EBO……….go up and read my post….
Good note on GOLD………..
https://www.zerohedge.com/markets/japan-buys-most-treasuries-2013-august-china-dump-continues
Finally we note that as Treasury holdings tumble worldwide, gold reserves have been soaring…