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Interesting
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If the Bugs aren’t buying Phys here …who is ?
Interesting
If you haven’t voted scroll down the sidebar and Vote at the tent poll
If the Bugs aren’t buying Phys here …who is ?
I by no means have the expertise to offer an informed critique on this piece regarding the state of physical metals but I thought it was a worthwhile read.
https://harveyorganblog.com/2016/07/09/july-8massive-upside-outside-day-reversals-in-both-gold-and-silver-and-thus-extremely-bullishjuly-gold-standing-rises-to-over-16-tonneshuge-bank-in-german-bremen-landesbank-about-to-failgold-fin/
It’s a messy single text blog – search for string…..
“Turning of the Tide?”
by Theodore Butler
Also, I’m not a believer of HO’s conspiracy theories and ‘conclusions’ but I think it would be foolish to completely dismiss his underlying observations.
Also the as-yet unrealized headwind to US markets – stealth devaluation of the Yuan.
http://www.telegraph.co.uk/business/2016/07/07/world-faces-deflation-shock-as-china-devalues-at-accelerating-pa/
Combine this with an anything but stellar Q2 Earnings season and the SM valuation overshoot has even more risk associated with it.
Great 1-time jobs # vs. ever compressing yield curve – the correct indicator will be revealed very SOON.