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Recapping the Fed minutes, Apple’s $2 trillion valuation, and gold’s continued volatility

Cory
August 19, 2020

Mike Larson joins me today to first comment on the Fed minutes that were released earlier today. The focus is on the concept of yield curve control which the minutes showed was discussed but is being put off. We then connect all the easy money policies to the market cap of Apple which just exceeded $2trillion. Finally I have Mike comment on the high volatility in gold.

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Discussion
70 Comments
    Aug 19, 2020 19:33 PM

    OFF TOPIC….Can any of you guys in the US , confirm any of this ?
    https://www.sgtreport.com/2020/08/trump-issues-sealed-indictment-on-dr-fauchi/

      Aug 19, 2020 19:21 PM

      Irish, have not seen anything on this one, Yet…….but, It would put the NWO, on notice…
      Hope Fauci, and Gates get indicted ……along with Comey , Mueller, Holter, Obama, Yates, Clinton, Biden, Pelosi, Schiffy, Chucky Schumer,
      all the Uranium One people….., Bush, Chaney, Rumsfield,…..Hummmm did I leave anyone out……lol.

        Aug 19, 2020 19:23 PM

        Dumb ass McCain is dead, along with Pappa Bush….so, they will be resting peacefully, in the depths of ……
        Heck How about L.Graham, Feinstein, Kerry, Romey , Nadler, ……..

        Aug 19, 2020 19:27 PM

        cfs…Thanks for the reply.

          Aug 19, 2020 19:22 PM

          You must be kidding……me not cfs jr……. LOL 🙂

            Aug 19, 2020 19:43 PM

            OOOPS so sorry Jerry….I must be loseing the plot…Perhaps i have caught , Bidenitious.

            Aug 19, 2020 19:47 PM

            Ok, Irish…….Bidenitious……I will forgive you …. 🙂

        Aug 19, 2020 19:42 PM

        Yes, you left a bunch of folks out.
        Don’t expect to see Comey and Mueller indicted. (just sayin)
        You can add several hundred household names to the perp walk list tho.

          Aug 19, 2020 19:28 PM

          Of course not…….the good ole boyz club, will still be operating long after Trumpster is gone…..

            Aug 20, 2020 20:59 AM

            Bannon…….indicted……hummm…….

            Aug 20, 2020 20:00 AM

            Barr……off, chasing the little thugs…….humm

      Aug 20, 2020 20:21 AM

      Totally false (unfortunately). But then again it was on sgtreport so it was not surprising.

        Aug 20, 2020 20:41 PM

        Hey Paul………I posted another sgt report …..care to give us your opinion….On August 20, 2020 at 12:22 pm,
        OOTB Jerry says:
        On August 20, 2020 at 7:24 am,
        OOTB Jerry says:
        I am going to post this a couple of times…….
        https://www.youtube.com/watch?v=enm04j0NtVA
        Sgt report…..

          Aug 22, 2020 22:51 AM

          Paul………..I see you commenting below…….two days later,
          How about commenting on this one………… 🙂

    cfs
    Aug 19, 2020 19:21 PM

    The danger with AAPL is that with a P/E ratio of 35,in any general market correction or an economic turn down, it will be hard to maintain earnings to support this historically high ratio.

      Aug 19, 2020 19:37 PM

      That’s right, if earnings collapse, the stock would become much more bubbly even if the price stayed the same.

      Aug 20, 2020 20:03 AM

      Apple, has not created anything since Job left……departed……that is …..

    Aug 19, 2020 19:26 PM

    donald say buy apple….
    https://www.zerohedge.com/markets/apple-hits-2-trillion-market-cap

    On August 19, 2020 at 7:54 am,
    OOTB Jerry says:
    it took less than two years to go from $1 trillion to $2 trillion.

      Aug 19, 2020 19:28 PM

      How many people are going to buy an Iphone for $1000 …..

        Aug 19, 2020 19:15 PM

        Jerry….Thousands are going to get them for free. Obama, will wisper in Joe’s ear . Give the nogs & the noget’s a free iphone ,& thev will vote for you , & the rest will just loot them….

          Aug 19, 2020 19:25 PM

          Just as long as Sleepy Joe, does not blow back in his ear, ….america , the home of the red, white and blue, orange , green, purple,…..still ok……stay boyz watch cha doin….
          I go for treatment with Dr. Freida , on Friday….. LOL 🙂

            Aug 19, 2020 19:39 PM

            Jerry…The only good QUACKS i have ever known live in the pond , in my local park.
            Go visit your local park & speak to them….& it wont cost you an arm & a leg . Just a little bread………

            Aug 19, 2020 19:50 PM

            I am giving all the funds to the NEW FOUNDATION….of safe minds, and lost souls…..
            I am hoping Freida signs her book, and Owl gives me the stamp of approval….
            🙂

      Aug 19, 2020 19:53 PM

      OOTB, JERRY, IT TOOK LESS THAN 5 month to double

        Aug 19, 2020 19:09 PM

        Marty…..thanks…..I just posted the news from zerohedge…..what do they know….lol

    cfs
    Aug 19, 2020 19:42 PM
      Aug 19, 2020 19:52 PM

      Ding dong Rogers…No news review……

        Aug 19, 2020 19:23 PM

        The volatility in gold is full on. Looks as though the Buffett news has already been digested and priced in. As long as we dont see a fresh downwave too far past last weeks low then this will just serve as solid consolidation. Albeit with abit of a wider trading range.

        Aug 19, 2020 19:34 PM

        Ding dong Rogers…No news review……

        Yeah…but did David become a gardener???

        Aug 19, 2020 19:34 PM

        Jim Rogers…says he’s a peasant…what’s that make us???

          Aug 19, 2020 19:21 PM

          Skid marks on society I guess???

    cfs
    Aug 19, 2020 19:09 PM

    Prime Mining trenches 42 m of 1.93 g/t Au at Los Reyes

    2020-08-19 10:48 ET – News Release

    Mr. Daniel Kunz reports

    PRIME MINING FINDS MORE SIGNIFICANT SURFACE MINERALIZATION AT ITS LOS REYES GOLD-SILVER PROJECT

    Prime Mining Corp. has released results from the company’s continuing surface sampling exploration program on the Los Reyes project, which continues to show outcropping surface mineralization consistent with the subsurface historic drilling results, this time from Noche Buena.

    Surface trench NB-4490N returned 42 metres at 1.93 grams per tonne gold and 25.7 g/t silver. Based on area mapping, trench NB-4490N has an 18 m estimated true width (etw). This trench included a nine m interval (four m etw) with 7.46 g/t Au and 98.1 g/t Ag.

    cfs
    Aug 19, 2020 19:21 PM

    I’ve been listening to the DNC convention on radio, and for the most part just wanted to puke at the amount of open-faced outright lies.
    e.g. mlost recently they were taking about family values and the strength of Jill Biden,who will continue to teach, if Joe wins the Presidency.

    Yet Jill Biden is the person who stole Joe from his first wife and bust up that marriage.
    GREAT FAMILY VALUES THERE.
    Then they talked about Trump inheritting a booming economy….all due to Obama-Biden. WHAT UTTER CRAP. The U.S. economy was in the toilet, because jobs had gone to China. Just continuous lies all the time so far.

    Aug 19, 2020 19:13 PM

    More peaceful BLM protestors…they ran out of people to attack so they went after a helpless racoon…

    https://twitter.com/RayGarciahawaii/status/1295991588083163136

    If these demons aren’t exterminated they one day will come for you.

    CFS
    Aug 19, 2020 19:15 PM
    Aug 19, 2020 19:35 PM

    Trump cannot indict anyone. Indictments can only issue from a Court Ordered Grand Jury that has jurisdiction over the matter, either at the Federal or State level.

    Aug 19, 2020 19:01 PM

    Which calls for patients. Looks like every Tom, Dick & Harry that has missed the JR rally so far, has another buying opportunity

    Aug 20, 2020 20:24 AM

    I am going to post this a couple of times…….
    https://www.youtube.com/watch?v=enm04j0NtVA
    Sgt report…..

      Aug 20, 2020 20:32 AM

      sheeple voluntarily give their rights away……..you really do not have to do most of the stuff govt. request you to do…..You volunteer …….

        Aug 20, 2020 20:01 AM

        ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ

      Aug 20, 2020 20:05 AM

      14 Min Mark ……..is for some viewers……hummm wonder who that would be….

        Aug 20, 2020 20:10 PM

        Well it is nobody on this site if that is what you are thinking.

          Aug 21, 2020 21:58 AM

          How do you know that to be a fact……….hummmmmmmm
          🙂

            Aug 21, 2020 21:09 AM

            11 Lest Satan should get an advantage of us: for we are not ignorant of his devices.

            Aug 21, 2020 21:10 AM

            2 Corinthians 2

            Aug 22, 2020 22:45 AM

            Verse for jerry

            John 8:44, “Ye are of your father the devil, and the lusts of your father ye will do”

            Aug 22, 2020 22:28 AM

            Paul , you are a riot……
            Come up and debate me, on the same day, and stop sneaking behind ….
            You like to post info. several days later, when no body is looking….

            Aug 22, 2020 22:01 PM

            Jerry, small paul is one creepy little shit. He’ll go back two weeks to post something against you. He’s done it with me numerous times. He brings ZERO value to this site.

            Aug 22, 2020 22:09 PM

            THANK YOU MATTHEW……I kind of thought that……I have caught him several times….

          Aug 21, 2020 21:42 AM

          Well I have not seen any one on this site say that people should be charged with murder for not wearing a mask. Do you know of someone?

            Aug 22, 2020 22:50 AM

            No one said that on here. Jerry is making false accusations.

            Aug 22, 2020 22:25 AM

            I did not make any false accusation Pauly…….Follow the script…..
            3M….likes to pervert the idea….as usual…….
            You two really should get tuned in to the conversation at the time, and not sneak in several days latter…….
            Come up to the NEW SECTION SAT…….JUST POSTED….

            Aug 22, 2020 22:12 PM

            Some posts are the same day or a day later, not several days.

            Aug 22, 2020 22:11 PM

            Paul……this one is several days…..check the date

            Aug 22, 2020 22:15 PM

            Paul……..like I said……If, you want to converse…..join in…on the same day, so, we can have a real discussion…..in REAL TIME>……

            Aug 24, 2020 24:37 PM

            Still waiting for an answer Jerry. Was that paul guy right?

            Aug 31, 2020 31:34 AM

            Yes, I was right. jerry is such a liar.

    cfs
    Aug 20, 2020 20:54 AM

    Atico Mining drills 5.64 m of 12.46 g/t Au at La Plata

    2020-08-20 10:40 ET – News Release

    Mr. Fernando Ganoza reports

    ATICO INTERCEPTS 12.46 G/T AU, 137G/T AG, 9.02% CU, AND 12% ZN OVER 5.64 METERS AND EXTENDS HIGH GRADE ZONES BEYOND KNOWN MINERALIZATION AT LAPLATA PROJECT IN ECUADOR

    CFS
    Aug 20, 2020 20:57 AM

    Sabina Gold drills 19.4 m of 15.15 g/t Au at Umwelt

    2020-08-20 07:51 ET – News Release

    Mr. Bruce McLeod reports

    SABINA GOLD & SILVER REPORTS FIRST RESULTS FROM HIGH-GRADE CORRIDOR DRILLING AT UMWELT UNDERGROUND

    CFS
    Aug 20, 2020 20:25 AM

    FOR THOSE CONSIDERING HERBAL MEDICINE: SOME iNFO:

    https://youtu.be/nAYq5PJft4M?t=34

    Aug 20, 2020 20:58 AM

    Warren Buffett Buys Gold Stocks with Lawrence Lepard

    MiningStockEducation – August 18, 2020 #AudioInterview

    “Gold stock fund manager and Austrian economist Lawrence Lepard provides his commentary on the recent news that Warren Buffett’s Berkshire Hathaway took a 20.9 million share position in Barrick Gold which was valued at $563.5 million at the quarter’s end. He also discusses a possible weakness in the bullish gold thesis and shares his USD outlook. Lawrence also shares how he has been managing his gold stock fund.”

    0:00 Introduction
    1:35 Significance of Buffett’s gold stock purchase?
    3:59 When does the Buffett effect hit gold juniors?
    6:07 Possible weakness in bullish gold thesis?
    10:32 Any other asset classes you are investing in?
    12:06 Outlook for USD
    12:55 Possible hard economic reset with contested stock ownership issues?
    15:28 Are you seeing inflows in your gold stock fund?
    16:25 Fund’s lock-up period and expected exist strategy
    19:39 What type of gold stocks have you bought since mid-March sell-off?

    https://youtu.be/1150AW82xBY

    Aug 20, 2020 20:03 AM

    I am keeping with my ……….KIS…S …..theory……