GOLD: $1193.20 UP $5.75 (COMEX TO COMEX CLOSINGS)
Silver: $14.78 UP 2 CENTS (COMEX TO COMEX CLOSINGS)
Closing access prices:
Gold $1196.40
silver: $14.79
For comex gold:
AUGUST/
NUMBER OF NOTICES FILED TODAY FOR AUGUST CONTRACT: 29 NOTICE(S) FOR 2900
TOTAL NOTICES SO FAR 2270 FOR 227,000 OZ (7.0606 tonnes)
For silver:
AUGUST
16 NOTICE(S) FILED TODAY FOR
80,000 OZ/
Total number of notices filed so far this month: 1178 for 5,890,000 oz
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Bitcoin: BID $6373/OFFER $6458: UP $113(morning)
Bitcoin: BID/ $6386/offer $6471: UP $126 (CLOSING/5 PM)
end
First Shanghai gold fix comes at 10 pm est
The second Shanghai gold fix: 2:15 pm
First Shanghai gold fix gold: 10 pm est: $1196.41
NY price at the same time:$1193.65
PREMIUM TO NY SPOT: $2.76
XX
Second gold fix early this morning: $ 1202.47
USA gold at the exact same time:$1195.45
PREMIUM TO NY SPOT: $7.02
China is controlling the gold market
WE WILL NOT PROVIDE LONDON FIXES AS THEY ARE NOT ACCURATE AS TO WHAT IS GOING ON AT THE SAME TIME FRAME.
Let us have a look at the data for today
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In silver, the total OPEN INTEREST ROSE BY 1280 CONTRACTS FROM 237,333 UP TO 238,613 WITH YESTERDAY’S 6 CENT RISE IN SILVER PRICING AT THE COMEX WE HAVE GENERALLY BEEN WITNESSING A SLOW COMEX ACCUMULATION THESE PAST SEVERAL DAYS AND AFTER A ONE DAY HIATUS, IT CONTINUES. YESTERDAY I WROTE: “TUESDAY’S OI SHOULD BE A WHOPPER”. IT TURNED OUT TO BE PRETTY GOOD… WE HAVE ALSO WITNESSED A LARGE AMOUNT OF PHYSICAL METAL STAND FOR COMEX DELIVERY(WELL OVER 30 MILLION OZ AT THE COMEX FOR JULY AND OVER 5 MILLION OZ FOR AUGUST) AS WELL AS CONSIDERABLE LONGS PACKING THEIR BAGS AND MIGRATING OVER TO LONDON IN GREATER NUMBERS IN THE FORM OF EFP’S. WE WERE NOTIFIED THAT WE HAD A RATHER SMALL SIZED NUMBER OF COMEX LONGS TRANSFERRING THEIR CONTRACTS TO LONDON THROUGH THE EFP:
664 EFP’S FOR SEPT. , 0 EFP’S FOR DECEMBER AND ZERO FOR ALL OTHER MONTHS AND THEREFORE TOTAL ISSUANCE: OF 664 CONTRACTS. WITH THE TRANSFER OF 664 CONTRACTS, WHAT THE CME IS STATING IS THAT THERE IS NO SILVER (OR GOLD) TO BE DELIVERED UPON AT THE COMEX AS THEY MUST EXPORT THEIR OBLIGATION TO LONDON. ALSO KEEP IN MIND THAT THERE CAN BE A DELAY OF 24-48 HRS IN THE ISSUING OF EFP’S. THE 664 EFP CONTRACTS TRANSLATES INTO 2.330MILLION OZ AND ACCOMPANYING:
1.THE 6 CENT RISE IN SILVER PRICE AT THE COMEX AND
2. THE STRONG AMOUNT OF SILVER OUNCES WHICH STOOD FOR THE JUNE/2018 COMEX DELIVERY MONTH. (5.420 MILLION OZ) 30.370 MILLION OZ STANDING FOR DELIVERY IN JULY, AND NOW 6.000 MILLION OZ FOR AUGUST.
ACCUMULATION FOR EFP’S/SILVER/J.P.MORGAN’S HOUSE OF BRIBES, / STARTING FROM FIRST DAY NOTICE/FOR MONTH OF JULY:
20,145 CONTRACTS (FOR 15 TRADING DAYS TOTAL 20,145 CONTRACTS) OR 100.725 MILLION OZ: (AVERAGE PER DAY: 1343 CONTRACTS OR 6.715 MILLION OZ/DAY)
TO GIVE YOU AN IDEA AS TO THE HUGE SUPPLY THIS MONTH IN SILVER: SO FAR THIS MONTH OF JULY: 100.725 MILLION PAPER OZ HAVE MORPHED OVER TO LONDON. THIS REPRESENTS AROUND 14.38% OF ANNUAL GLOBAL PRODUCTION (EX CHINA EX RUSSIA)* JUNE’S 345.43 MILLION OZ IS THE SECOND HIGHEST RECORDED ISSUANCE OF EFP’S AND IT FOLLOWED THE RECORD SET IN APRIL 2018 OF 385.75 MILLION OZ.
ACCUMULATION IN YEAR 2018 TO DATE SILVER EFP’S: 1,930.39 MILLION OZ.
ACCUMULATION FOR JAN 2018: 236.879 MILLION OZ
ACCUMULATION FOR FEB 2018: 244.95 MILLION OZ
ACCUMULATION FOR MARCH 2018: 236.67 MILLION OZ
ACCUMULATION FOR APRIL 2018: 385.75 MILLION OZ
ACCUMULATION FOR MAY 2018: 210.05 MILLION OZ
ACCUMULATION FOR JUNE 2018: 345.43 MILLION OZ
ACCUMULATION FOR JULY 2018: 172.84 MILLION OZ
RESULT: WE HAD A GOOD SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1280 DESPITE THE TINY 6 CENT RISE IN SILVER PRICING AT THE COMEX YESTERDAY. THE CME NOTIFIED US THAT WE HAD A SMALL SIZED EFP ISSUANCE OF 664 CONTRACTS WHICH EXITED OUT OF THE SILVER COMEX AND TRANSFERRED THEIR OI TO LONDON AS FORWARDS. SPECULATORS CONTINUED THEIR INTEREST IN ATTACKING THE SILVER COMEX FOR PHYSICAL SILVER (SEE COMEX DATA) .
TODAY WE GAINED A STRONG SIZED: 1944 TOTAL OI CONTRACTS ON THE TWO EXCHANGES:
i.e 664 OPEN INTEREST CONTRACTS HEADED FOR LONDON (EFP’s) TOGETHER WITH A INCREASE OF 1796 OI COMEX CONTRACTS. AND ALL OF THIS DEMAND HAPPENED WITH A 6 CENT RISE IN PRICE OF SILVER AND A CLOSING PRICE OF $14.66 WITH RESPECT TO YESTERDAY’S TRADING. YET WE HAD A GIGANTIC AMOUNT OF SILVER STANDING AT THE COMEX FOR DELIVERY IN THE BIG JULY DELIVERY MONTH OF SLIGHTLY OVER 30 MILLION OZ AND NOW IN AUGUST ANOTHER BIG 6.000 MILLION OZ IN A NON ACTIVE MONTH. IT SURE LOOKS LIKE ANOTHER FAILED BANKER SHORT COVERING EXERCISE AS BANKERS ARE SCRAMBLING TO COVER THEIR HUGE SHORTFALL IN SILVER.
In ounces AT THE COMEX, the OI is still represented by OVER 1 BILLION oz i.e. 1.193 MILLION OZ TO BE EXACT or 171% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT AUGUST MONTH/ THEY FILED AT THE COMEX: 16 NOTICE(S) FOR 80,000 OZ OF SILVER
IN SILVER, WE SET THE NEW RECORD OF OPEN INTEREST AT 243,411 CONTRACTS ON APRIL 9.2018. AND AGAIN THIS HAS BEEN SET WITH A LOW PRICE OF $16.51
ON THE DEMAND SIDE WE HAVE THE FOLLOWING:
- HUGE AMOUNTS OF SILVER STANDING FOR DELIVERY (MARCH/2018: 27 MILLION OZ , APRIL/2018 : 2.485 MILLION OZ MAY: 36.285 MILLION OZ ; JUNE/2018 (5.420 MILLION OZ) AND JULY 2018 AMOUNT STANDING: 30.370 MILLION OZ ) AND NOW FOR AUGUST 6.000 MILLION OZ.
- HUGE RECORD OPEN INTEREST IN SILVER 243,411 CONTRACTS (OR 1.217 BILLION OZ/ SET APRIL 9/2018
- HUGE ANNUAL EFP’S ISSUANCE EQUAL TO 2.9 BILLION OZ OR 400% OF SILVER ANNUAL PRODUCTION/2017
- RECORD SETTING EFP ISSUANCE FOR ANY MONTH IN SILVER; APRIL/2018/ 385.75 MILLION OZ/ AND THE SECOND HIGHEST RECORDED EFP ISSUANCE JUNE 2018 345.43 MILLION OZ
AND YET, WITH THE EXTREMELY HIGH EFP ISSUANCE, WE HAVE A CONTINUAL LOW PRICE OF SILVER DESPITE THE ABOVE HUGE DEMAND. TO ME THE ONLY ANSWER IS THAT WE HAVE SOVEREIGN (CHINA) WHO IS ENDEAVOURING TO GOBBLE UP ALL AVAILABLE PHYSICAL SILVER NO MATTER WHERE, EXACTLY WHAT J.P.MORGAN IS DOING. AND IT IS MY BELIEF THAT J.P.MORGAN IS HOLDING ITS SILVER FOR ITS BENEFICIAL OWNER..THE USA GOVERNMENT WHO IN TURN IS HOLDING THAT SILVER FOR CHINA.(FOR A SILVER LOAN REPAYMENT).
IN GOLD, THE OPEN INTEREST ROSE BY A GOOD SIZED 5433 CONTRACTS UP TO 481,468 WITH THE STRONG GAIN IN THE COMEX GOLD PRICE/YESTERDAY’S TRADING (A RISE IN PRICE OF $10.20). THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 4594 CONTRACTS:
AUGUST HAD AN ISSUANCE OF 0 CONTRACTS, OCTOBER HAD 0EFP’S ISSUED AND, DECEMBER HAD AN ISSUANCE OF 4594 CONTACTS AND ALL OTHER MONTHS ZERO. The NEW COMEX OI for the gold complex rests at 481,468. ALSO REMEMBER THAT THERE WILL BE A DELAY IN THE ISSUANCE OF EFP’S. THE BANKERS REMOVE LONG POSITIONS OF COMEX GOLD IMMEDIATELY. THEN THEY ORCHESTRATE THEIR PRIVATE EFP DEAL WITH THE LONGS AND THAT COULD TAKE AN ADDITIONAL 48 HRS SO WE GENERALLY DO NOT GET A MATCH WITH RESPECT TO DEPARTING COMEX LONGS AND NEW EFP LONG TRANSFERS. . EVEN THOUGH THE BANKERS ISSUED THESE MONSTROUS EFPS, THE OBLIGATION STILL RESTS WITH THE BANKERS TO SUPPLY METAL BUT IT TRANSFERS THE RISK TO A LONDON BANKER OBLIGATION AND NOT A NEW YORK COMEX OBLIGATION. LONGS RECEIVE A FIAT BONUS TOGETHER WITH A LONG LONDON FORWARD. THUS, BY THESE ACTIONS, THE BANKERS AT THE COMEX HAVE JUST STATED THAT THEY HAVE NO APPRECIABLE METAL!! THIS IS A MASSIVE FRAUD: THEY CANNOT SUPPLY ANY METAL TO OUR COMEX LONGS BUT THEY ARE QUITE WILLING TO SUPPLY MASSIVE NON BACKED GOLD (AND SILVER) PAPER KNOWING THAT THEY HAVE NO METAL TO SATISFY OUR LONGS. LONDON IS NOW SEVERELY BACKWARD IN BOTH GOLD AND SILVER AND WE ARE WITNESSING DELAYS IN ACTUAL DELIVERIES.
IN ESSENCE WE HAVE AN A VERY STRONG OI GAIN IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 10,027 CONTRACTS: 5433 OI CONTRACTS INCREASED AT THE COMEX AND 4594 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN: 10,027 CONTRACTS OR 1,002,700 OZ = 31.18 TONNES. AND ALL OF THIS HUGE DEMAND OCCURRED WITH A GOOD GAIN IN THE PRICE OF GOLD/ YESTERDAY TO THE TUNE OF $10.20.???..
YESTERDAY, WE HAD 5022 EFP’S ISSUED.
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF JUNE : 106,953 CONTRACTS OR 10,693,000 OZ OR 332.59 TONNES (15 TRADING DAYS AND THUS AVERAGING: 7130 EFP CONTRACTS PER TRADING DAY OR 713,000 OZ/ TRADING DAY),,
TO GIVE YOU AN IDEA AS TO THE HUGE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 15 TRADING DAYS IN TONNES: 332.59 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2017, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 2555 TONNES
THUS EFP TRANSFERS REPRESENTS 332.59/2550 x 100% TONNES = 12.48% OF GLOBAL ANNUAL PRODUCTION SO FAR IN JULY ALONE.***
ACCUMULATION OF GOLD EFP’S YEAR 2018 TO DATE: 5,051.29* TONNES *SURPASSED ANNUAL PROD’N
ACCUMULATION OF GOLD EFP’S FOR JANUARY 2018: 653.22 TONNES (21 TRADING DAYS)
ACCUMULATION OF GOLD EFP’S FOR FEBRUARY 2018: 649.45 TONNES (20 TRADING DAYS)
ACCUMULATION OF GOLD EFP’S FOR MARCH 2018: 741.89 TONNES (22 TRADING DAYS)
ACCUMULATION OF GOLD EFP’S FOR APRIL 2018: 713.84 TONNES (21 TRADING DAYS)
ACCUMULATION OF GOLD EFP’S FOR MAY 2018: 693.80 TONNES ( 22 TRADING DAYS)
ACCUMULATION OF GOLD EFP FOR JUNE 2018 650.71 TONNES (21 TRADING DAYS)
ACCUMULATION OF GOLD EFP FOR JULY 2018 605.5 TONNES (21 TRADING DAYS)
WHAT IS ALARMING TO ME, ACCORDING TO OUR LONDON EXPERT ANDREW MAGUIRE IS THAT THESE EFP’S ARE BEING TRANSFERRED TO WHAT ARE CALLED SERIAL FORWARD CONTRACT OBLIGATIONS AND THESE CONTRACTS ARE LESS THAN 14 DAYS. ANYTHING GREATER THAN 14 DAYS, THESE MUST BE RECORDED AND SENT TO THE COMPTROLLER, GREAT BRITAIN TO MONITOR RISK TO THE BANKING SYSTEM. IF THIS IS INDEED TRUE, THEN THIS IS A MASSIVE CONSPIRACY TO DEFRAUD AS WE NOW WITNESS A MONSTROUS TOTAL EFP’S ISSUANCE AS IT HEADS INTO THE STRATOSPHERE.
Result: A GOOD SIZED INCREASE IN OI AT THE COMEX OF 5433 WITH THE GOOD GAIN IN PRICING ($10.20 THAT GOLD UNDERTOOK YESTERDAY) // . WE ALSO HAD A FAIR SIZED NUMBER OF COMEX LONG TRANSFERRING TO LONDON THROUGH THE EFP ROUTE: 4594 CONTRACTS AS THESE HAVE ALREADY BEEN NEGOTIATED AND CONFIRMED. THERE OBVIOUSLY DOES NOT SEEM TO BE MUCH PHYSICAL GOLD AT THE COMEX. I GUESS IT EXPLAINS THE HUGE ISSUANCE OF EFP’S…THERE IS HARDLY ANY GOLD PRESENT AT THE GOLD COMEX FOR DELIVERY PURPOSES. IF YOU TAKE INTO ACCOUNT THE 4594 EFP CONTRACTS ISSUED, WE HAD A VERY STRONG GAIN OF 10,027 CONTRACTS IN TOTAL OPEN INTEREST ON THE TWO EXCHANGES:
4594 CONTRACTS MOVE TO LONDON AND 5433 CONTRACTS INCREASED AT THE COMEX. (in tonnes, the GAIN in total oi equates to 31.18 TONNES). ..AND THIS VERY STRONG DEMAND OCCURRED WITH THE GOOD GAIN OF $10.20 IN YESTERDAY’S TRADING AT THE COMEX!!!. ????
we had: 29 notice(s) filed upon for 2900 oz of gold at the comex.
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With respect to our two criminal funds, the GLD and the SLV:
GLD...
WITH GOLD UP $5.75 TODAY: /
A BIG CHANGE IN GOLD INVENTORY AT THE GLD: ANOTHER WITHDRAWAL OF GOLD FROM THE GLD : 3.54 TONNES
/GLD INVENTORY 768.70 TONNES
Inventory rests tonight: 768.70 tonnes.
TO ALL INVESTORS THINKING OF BUYING GOLD THROUGH THE GLD ROUTE: YOU ARE MAKING A TERRIBLE MISTAKE AS THE CROOKS ARE USING WHATEVER GOLD COMES IN TO ATTACK BY SELLING THAT GOLD. IT SURE SEEMS TO ME THAT THE GOLD OBLIGATIONS AT THE GLD EXCEED THEIR INVENTORY
SLV/
WITH SILVER UP 2 CENTS TODAY
NO CHANGE IN SILVER INVENTORY AT THE SLV
/INVENTORY RISES AT 329.104 MILLION OZ.
NOTE THE DIFFERENCE BETWEEN THE GLD AND SLV: THE CROOKS CAN RAID GOLD BECAUSE THEY DO HAVE SOME PHYSICAL. THEY DO NOT RAID SILVER PROBABLY BECAUSE THERE IS NO REAL SILVER INVENTORIES BEHIND THEM
end
First, here is an outline of what will be discussed tonight:
1. Today, we had the open interest in SILVER ROSE BY A GOOD SIZED 1280 CONTRACTS from 237,333 UP TO 238,613 (AND WITHIN SPITTING DISTANCE TO A NEW COMEX RECORD. THE LAST RECORD WAS SET ON APRIL 9/2018 AT 243,411 OPEN INTEREST CONTRACTS WITH THE SILVER PRICE AT THAT DAY: $16.53). THE PREVIOUS RECORD TO THAT WAS ESTABLISHED AT: 234,787 CONTRACTS, SET ON APRIL 21.2017 OVER 1 1/4 YEARS AGO. THE PRICE OF SILVER ON THAT DAY: $17.89. AS YOU CAN SEE, WE HAVE RECORD HIGH OPEN INTERESTS IN SILVER ACCOMPANIED BY A CONTINUAL LOWER PRICE WHEN THAT RECORD WAS SET…..
.
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
0 EFP CONTRACTS FOR AUGUST., 664 EFP CONTRACTS FOR SEPTEMBER, 0 CONTRACTS FOR DECEMBER AND AND ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 664 CONTRACTS . EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON. IF WE TAKE THE OI GAIN AT THE COMEX OF 1280 CONTRACTS TO THE 664 OI TRANSFERRED TO LONDON THROUGH EFP’S, WE OBTAIN A NET GAIN OF 1944 OPEN INTEREST CONTRACTS. THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES: 9.72 MILLION OZ!!! AND YET WE ALSO HAVE A STRONG DEMAND FOR PHYSICAL AS WE WITNESSED A FINAL STANDING OF GREATER THAN 30 MILLION OZ FOR JULY AND NOW ANOTHER STRONG 6.00 MILLION OZ FOR AUGUST... AND YET ALL OF THIS HUGE PHYSICAL DEMAND OCCURRED DESPITE A 6 CENT PRICING GAIN AT THE SILVER COMEX!!!!????.
RESULT: A GOOD SIZED INCREASE IN SILVER OI AT THE COMEX WITH THE 6 CENT PRICING LOSS THAT SILVER UNDERTOOK IN PRICING YESTERDAY. BUT WE ALSO HAD A STRONG SIZED 664 EFP’S ISSUED TRANSFERRING COMEX LONGS OVER TO LONDON. TOGETHER WITH THE STRONG SIZED AMOUNT OF SILVER OUNCES STANDING FOR AUGUST, DEMAND FOR PHYSICAL SILVER CONTINUES TO INTENSIFY AS WE WITNESS SEVERE BACKWARDATION IN SILVER IN LONDON.
(report Harvey)
.
2.a) The Shanghai and London gold fix report
(Harvey)
2 b) Gold/silver trading overnight Europe, Goldcore
(Mark O’Byrne/zerohedge
and in NY: Bloomberg
3. ASIAN AFFAIRS
I)TUESDAY MORNING/ MONDAY NIGHT: Shanghai closed UP 35.36 POINTS OR 1.31% /Hang Sang CLOSED UP 154.77 POINTS OR 0.56%/ / The Nikkei closed UP 20.73 POINTS OR 0.09%/Australia’s all ordinaires CLOSED DOWN 0.81% /Chinese yuan (ONSHORE) closed UP at 6.8465 AS POBC HALTS ITS HUGE DEVALUATION /DELEGATION COMING TO THE USA TO SEE TRUMP/Oil UP to 67.18 dollars per barrel for WTI and 72.70 for Brent. Stocks in Europe OPENED DEEPLY IN THE GREEN //. ONSHORE YUAN CLOSED UP AT 6.8465 AGAINST THE DOLLAR. OFFSHORE YUAN CLOSED UP ON THE DOLLAR AT 6.8483: HUGE DEVALUATION/PAST SEVERAL DAYS STOPS// TRADE TALKS WILL RESUME IN THE USA : /ONSHORE YUAN TRADING STRONGER AGAINST OFFSHORE YUAN/ONSHORE YUAN TRADING STRONGER AGAINST USA DOLLAR/OFFSHORE YUAN TRADING MUCH STRONGER AGAINST THE DOLLAR /CHINA RETALIATES WITH TARIFFS/ TRUMP RESPONDS TO NEW TARIFFS AND IT NOW A FULL TRADE WAR COMMENCED
/NORTH KOREA/SOUTH KOREA
i)North Korea/South Korea/USA/
North Korea is doing exactly what Trump has ordered him to do. he now is letting UN inspectors into the country to observe missile launch sites and their dismantling.
(courtesy zerohedge)
end
b) REPORT ON JAPAN
The Bank of Japan has issued a “red hot” warning that stocks may drop shortly as the Bank of Japan will stop its QE
(courtesy zerohedge)
end
3 c CHINA
China defying the USA sanctions and are importing oil from Iran and they are increasing their imports
( zerohedge)
4. EUROPEAN AFFAIRS
5. RUSSIAN AND MIDDLE EASTERN AFFAIRS
6 .GLOBAL ISSUES
ii)SWEDEN
Sweden finally got the message as the leading PM candidate vows migration reforms. Another country goes nationalistic
( zerohedge)
7. OIL ISSUES
WTI rebounds after a much bigger draw than expected
(courtesy zerohedge)
8. EMERGING MARKET
9. PHYSICAL MARKETS
i)This is good: Trump has finally figured it our as he states that he is unhappy with the Fed raising rates and it going against the interests of the USA. He states that the EU and China are currency manipulators
( Reuters/GATA)
ii)Mainstream media are using Trump’s attack on the Fed claiming he crossed the “red line” for markets and thus his actions will weaken the dollar. This is what Trump wants, a weaker dollar and he is not blind: he sees what rising rates are doing to the rest of the world
( CNBC/Domm/GATA)
iii)Join Bill Murphy, Chris Powell and others at the New Orleans gold conference and enjoy a money back guarantee
( GATA)
10. USA stories which will influence the price of gold/silver)
i)Market trading /GOLD/MARKET MOVERS:
MARKET TRADING
iv)SWAMP STORIES
a)Raul Meijer lays out what he thinks will come to fruition from the USA election scandal
( Raul Meijer)
b)Supposedly Cohen is ready to flip/ Problem is we do not know what he did wrong/
(courtesy zerohedge)
( zerohedge)
Let us head over to the comex:
FOR THOSE THAT WISH TO FOLLOW TODAY’S SILVER OI VS LAST YR
AUGUST 21.2017: 89,745 OPEN INTEREST CONTACTS STILL OPEN FOR THE UPCOMING SEPT ACTIVE CONTRACT MONTH VS TODAY AUG 21.2018: 119,343 CONTRACTS.(DEMAND REMAINS EXTREMELY STRONG DESPITE THE LOWER PRICE)
Trump unhappy with Fed over rates, calls EU and China currency manipulators
Submitted by cpowell on Mon, 2018-08-20 23:21. Section: Daily Dispatches
By Jeff Mason and Steve Holland
Reuters
Monday, August 20, 2018
WASHINGTON — President Donald Trump said on Monday he was “not thrilled” with Federal Reserve Chairman Jerome Powell for raising interest rates and accused China and Europe of manipulating their respective currencies.
Trump, who spooked investors in July when he criticized the U.S. central bank’s monetary policy tightening, told Reuters in an interview that he believed the Fed should be more accommodating. …
… For the remainder of the report:
https://www.greenwichtime.com/local/article/Wayward-tortoise-found-in-Co…
END
Mainstream media are using Trump’s attack on the Fed claiming he crossed the “red line” for markets and thus his actions will weaken the dollar. This is what Trump wants, a weaker dollar and he is not blind: he sees what rising rates are doing to the rest of the world
(courtesy CNBC/Domm/GATA)
Trump’s attack on Fed crossed ‘red line’ for markets,
could weaken dollar
Submitted by cpowell on Tue, 2018-08-21 01:31. Section: Daily Dispatches
By Patti Domm
CNBC, New York
Monday, August 20, 2018
The dollar fell to the day’s lows and could continue to weaken after President Donald Trump said he disagrees with the Fed’s decision to raise interest rates and that the Fed should do “what’s good for the country.”
Trump’s latest criticism of the Fed, in an interview with Reuters, comes four days before Friday’s much anticipated speech by Fed Chair Jerome Powell at the Fed’s annual Jackson Hole Symposium. ..
“The market is going to react to it, not so much in the fed funds futures on the idea that the Fed will change its view, but on the dollar because of the idea of Fed encroachment,” said Marc Chandler, head of foreign exchange strategy at Brown Brothers Harriman. “I’d say the dollar is already correcting, and Trump’s comments likely prevent it from having a turnaround Tuesday.” …
Trump has previously made it clear he does not like a strong dollar because it hurts U.S. exports. In the Reuters interview, he repeated claims that China artificially lowered its currency and that Europeans were manipulating the euro.
“This is about using the presidency as a bully pulpit,” said Chandler. “This is like a red line for the market — the Fed’s independence.”
… For the remainder of the report:
https://www.cnbc.com/2018/08/20/trumps-attack-on-fed-crossed-red-line-fo…
END
Join Bill Murphy, Chris Powell and others at the New Orleans gold conference and enjoy a money back guarantee
(courtesy GATA)
Come to New Orleans conference with GATA and enjoy a money-back guarantee
Submitted by cpowell on Tue, 2018-08-21 01:40. Section: Daily Dispatches
9:43p ET Monday, August 20, 2018
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy and your secretary/treasurer will be speaking again this year at the New Orleans Investment Conference, and if you register to attend the conference through GATA, the conference will generously pay us a commission that will help keep the organization going.
Apart from helping GATA, the conference is offering attendees an extraordinary money-back guarantee — that if the investments you make as a result of your attendance don’t at least quadruple in value within six months, your registration fee will be refunded.
The conference isn’t exactly inexpensive but then it remains the most serious and comprehensive investment conference in the United States — four days, Thursday through Sunday, November 1-4 — smack in the middle of a fascinating and beautiful city renowned for its restaurants and history. Indeed, you’d do well to give yourself an extra few days in New Orleans just to explore and enjoy the place quite apart from the conference.
The conference always covers the monetary metals thoroughly and long has made room for politically incorrect opinions about them and public issues generally, so no one is ever bored there.
A letter from conference organizer Brien Lundin explaining the conference and describing some of this year’s speakers is below. Please check it out and, if you decide to attend the conference, use the internet registration link provided —
https://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Po…
— since it will identify you as someone recruited by GATA.
That link also operates with the advertisement for the conference that appears at the top of the home page of GATA’s internet site.
We hope to see you in New Orleans in November.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
* * *
In Today’s Uncertain World, There’s Only One Sure Investment
By Brien Lundin
New Orleans Investment Conference
Friday, July 27, 2018
Growing geopolitical worries have joined with massive debts and currency creation to virtually guarantee much higher gold prices.
No wonder investors are flocking to the world’s oldest, most exclusive, and most profitable investment event.
For well over four decades — through some of the most turbulent and dangerous times in investing — the record shows there is no better place to find profits and safety than the legendary New Orleans Investment Conference.
But this year’s blockbuster event will be one of the most exciting in the long history of the New Orleans conference.
That’s because we’ve reached a dramatic turning point in the global economy and the markets.
The Fed continues to raise rates — even as the federal debt is exploding higher.
The rest of the world’s central banks are about to begin their own monetary tightening — likely driving the dollar lower in reaction.
Stocks are bouncing around like crazy but are still priced for perfection near record levels.
Inflation is surging higher while commodity production and prices are still low.
And gold has confirmed a new bull market but is still hovering below key technical break-out levels.
It all adds up to a new level of risk and opportunity — one that investors need to be prepared for.
This is what the New Orleans Investment Conference was built for. This year’s conference will be held Thursday through Sunday, November 1-4.
In our 44-year history, the New Orleans Investment Conference has never failed to deliver rich returns (and wealth-protecting strategies) during times of market uncertainty.
It’s why we can guarantee investors will quadruple their investment in the event.
To capitalize on this year’s opportunity, we’re gathering dozens of the world’s top experts in geopolitics, economics and the resource markets, including:
— One of today’s hardest-hitting and most entertaining political analysts, Mark Steyn…
— The inspirational author of “Rich Dad, Poor Dad,” the No. 1 selling personal finance book of all time, Robert Kiyosaki — plus his top tax expert, Tom Wheelwright…
— Wall Street’s most insightful and eloquent market commentator, James Grant.
— The forceful — and funny — political commentator Jonah Goldberg.
— The king of controversy and contrarianism, Doug Casey.
— Popular and prescient investment authority Peter Schiff.
— The ultimate guides to “Plan B” wealth and lifestyle preservation, Chris Martenson and Adam Taggart of PeakProsperity.com.
— Hedge fund guru and legendary trader Dennis Gartman.
— Master resource investor Rick Rule.
— Peter Boockvar, perhaps the most influential economist in the world.
— Wildly successful newsletter editor Nick Hodge.
— Masters of property and tangible asset investing, The Real Estate Guys.
— Plus the world’s leading authorities on gold, silver, mining stocks, and every investment sector, including Guy Adami, Adrian Day, Brent Cook, Mary Anne and Pamela Aden, Mark Skousen, Robert Prechter, Eric Coffin, Steve Hochberg, Lindsay Hall, Omar Ayales, Thom Calandra, Gary Alexander, Chris Powell, Bill Murphy, and more.
It’s all happening at this year’s New Orleans Investment Conference.
For well over four decades the conference has helped investors learn how to protect and build wealth during uncertain markets.
And during that time we’ve repeatedly seen stocks recommended at the conference double, triple, and even grow 10, 20, and more times in value.
Remarkably, results like these are not at all unusual.
That’s because the New Orleans conference is the most important investment gathering of the year and brings together the brightest, most successful analysts and investors.
How special is this event?
— It has attracted dozens of the most celebrated figures in modern history, including Lady Margaret Thatcher, Ayn Rand, Alan Greenspan, Milton Friedman, F.A. Hayek, Barry Goldwater, Steve Forbes, Henry Kissinger, Ron Paul, and more.
— It boasts a reputation of inviting only the most successful and deadly-accurate analysts, many of whom save their best recommendations to unveil on our stage.
— It has brought together the most sophisticated and successful individual investors, mavericks who don’t follow the herd but rather search for valuable, unhedged, and unbiased information.
This is why previous attendees will attest that the New Orleans conference has never failed to deliver stock picks that have doubled, tripled, and even quadrupled in value during the weeks and months following the conference. But many of our picks do much better.
FACT: A number of stocks recommended at recent Conferences have gone on to multiply over 20 times in value, enough to turn a modest $5,000 investment into a whopping $100,000, or $25,000 into half a million dollars.
And whenever the metals and mining shares are in a bull market — as they are now — the New Orleans conference really shines.
Over our history we’re known for showing investors how to shield their wealth during turbulent times and how to build fortunes from the powerful strategies and specific picks our speakers provide in a gold bull market.
In fact. …
We’ll guarantee that you’ll quadruple your investment.
This opportunity is so important, and we’re so confident that the New Orleans conference will pay for itself many times over, that we’ll offer you this ironclad guarantee:
If you attend New Orleans 2018 and don’t make back at least four times the money you paid to register — in six months or less — just let us know. We’ll happily give you a prompt, hassle-free refund on your entire registration fee. Every penny.
You can’t lose — unless you don’t act immediately to secure your place at New Orleans 2018.
But here’s the problem: Our registration fee is about to soar, and at some point we’ll likely completely sell out.
So if you hope to get in at the current early-bird rate, and enjoy our quadruple-your-money-or-it’s free guarantee.
You’ll need to call us at 1-800-648-8411 right now or click on this link to learn more and register:
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow…
Given the dramatic turning point we’re facing in the markets, New Orleans 2018 could turn out to be the most profitable investment event in decades — perhaps in the entire 44-year history of the Conference.
The strategies and picks our celebrated speakers deliver could yield a fortune for you.
Or nothing if you don’t attend.
And here’s one other word of warning: We frequently sell out of every available hotel room for this event.
If you don’t act now, we can’t guarantee you’ll be able to attend and reap the rewards New Orleans 2018 will give you.
All you have to do is register now, while space is still available. And doing so couldn’t be easier. Just click on this link —
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow…
— or call toll-free 1-800-648-8411 to secure your place now.
After you click the link, select the green “Tickets” bar, then click on “Enter Promotional Code” and use code FREEGOLDCLUB to unlock your discount.
A special benefit of the New Orleans Conference is our beautiful city itself. So in addition to world-class market intelligence, you’ll enjoy the wonderful, old-world charm of New Orleans, with the food, entertainment, and joie de vivre that make it America’s most interesting city.
And for this year’s conference we’ll also bring the best of New Orleans to you, with gala celebrations and receptions throughout the event.
Here’s one more, last-minute opportunity: If you can register right now — while this limited offer is in effect — we’ll give you a FREE Gold Club Upgrade for you and your guests.
A $189-per-person value, your Gold Club status will entitle you to a special private viewing room with day-long coffee service, exclusive Q&A sessions with selected speakers following their presentations, special reports and investment information exclusively for you, and deep discounts on conference audio and video recordings and other valuable investment products.
But space is limited and we cannot guarantee availability.
To claim your Gold Club status, be sure to act immediately and enter the promotional code FREEGOLDCLUB when you register.
We hope to see you in New Orleans.
BRIEN LUNDIN
New Orleans Investment Conference
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Join GATA here:
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow…
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SuperElite Johnny 50






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Marc Rich?!?!?
He was the Israeli criminal (& founder of Glencore I believe) deeply nested in Bill-Hitlery Clinton’s mafia criminal world, whom Clinton controversially pardoned on his last day in office. Marc Rich had lots of criminal corruption dealings w/ his mining interests in various African countries e.g. South Africa, Zambia etc. as well.
You meant to say “Seth Rich” in your post title, but misquoted the mafia criminal Marc Rich’s name instead creating a comic effect.
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Seth Rich was an honest young Jewish guy from Nebraska I believe. (Who also had some exotic connection of being of Armenian descent, which I just haven’t quite figured out. Maybe 1 parent was of Armenian origin & the other parent was Jewish?!?)
Other than 1 of the only small commonality between the 2 being both were of Jewish descent, lives of Marc Rich & Seth Rich couldn’t have been any further apart. 1 had his life kept propagated by the Clinton crime mafia, other had his life terminated by the Clinton crime mafia.
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